2888 SE 59TH STREET
About This Property
Welcome to 2888 SE 59th Street, Ocala, FL, where modern updates meet peaceful country living. This beautifully renovated home has been thoughtfully upgraded from top to bottom, offering the perfect blend of comfort, style, and functionality. Inside, you'll find brand-new flooring, cabinetry, countertops, and stainless steel appliances, creating a fresh, contemporary feel throughout the home. Major mechanical updates provide added peace of mind, including a new HVAC system and new water heater, while the durable metal roof offers long-lasting protection and low maintenance.
A standout feature of this property is the separate guest apartment, ideal for extended family, visitors, a private home office, or potential rental income. A separate cement slab exists which the buyer can place a shed on or use in a variety of other ways. Situated on a quiet, peaceful parcel, this property offers the tranquility of country living while remaining just a short drive from shopping, dining, and all that Ocala has to offer.
If you're looking for a move-in-ready home with exceptional updates, versatile living space, and a serene setting, 2888 SE 59th Street is a must-see.
Be sure to ask about Special Financing as the seller owns a mortgage company and is offering discounted financing. There are also 100% financing options for qualified buyers.
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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 |
|---|---|---|---|
| Oct 2, 2026 | Price Decreased |
$289,900
↓ $5K
(1.7%) | |
| Price Decreased | |||
| Sep 25, 2026 | Price Decreased |
$294,900
↓ $5K
(1.7%) | |
| Price Decreased | |||
| Aug 28, 2026 | Price Decreased |
$299,900
↓ $20K
(6.3%) | |
| Price Decreased | |||
| Aug 5, 2026 | Listed by REAL BROKER, LLC | $319,900 | |
| Listed by REAL BROKER, LLC | |||
| Mar 14, 2025 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017