1603 SE 7TH STREET
About This Property
Nestled in the heart of Ocala's coveted Woodfields neighborhood and inside the popular Golf Cart District, this .86-acre property is a rare opportunity with endless potential. Whether you're dreaming of a spacious single-family home surrounded by mature trees or envisioning a lot reconfiguration.
Lot 2 fronts SE 5th Street, while Lot 3 fronts SE 7th Street, making it ideal for extended family living, investment, or a builder's next project. The land is level, offers public water and sewer, and is zoned for the highly desirable Eighth Street Elementary, Osceola Middle, and Forest High School.
All of this within walking distance to Walker Park and just minutes from schools, shopping, dining, and downtown charm.
Home is occupied. Please do not enter the property without permission.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 29, 2025 | Sold | ||
| Sold | |||
| Jul 25, 2025 | Listed by CRYSTAL SNOOK REAL ESTATE | $700,000 | |
| Listed by CRYSTAL SNOOK REAL ESTATE | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017