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Ocala 34471
530 SE 34th AVENUE
$274,900
● House - Off Market

530 SE 34th AVENUE

OCALA, FL 34471
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,721 Ft²
$1,667
Est. Monthly
9.03%
Cap Rate

About This Property

Excellent location, minutes to the downtown square and everything Ocala has to offer! Welcome home to this fully renovated 3 bedroom 2 bath home located in the heart of Southeast Ocala. Spacious family room/den/flex space with wood burning fireplace! Relax and watch the birds and butterflies through the large windows in the living room or the family room. The home is located in an established neighborhood and has plenty of charm, but all the finishes are fresh and new. Brand new bathrooms. New a/c 2024, new roof 2022, new water heater 2024, new refrigerator and range are being installed this week.
Unit Size
1,721 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$163
Property Type
House
Property Taxes
$292
HOA Dues
-
Year Built
1958

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 3 years ago (Stellar MLS #OM671864)

Price History

Date / Event Date Event Price
Mar 19, 2024 Sold
Premium
Sold
Feb 19, 2024 In contract -
In contract
Jan 31, 2024 Listed by NEXTHOME PROFESSIONAL REALTY $279,900
Listed by NEXTHOME PROFESSIONAL REALTY
Jul 16, 2018 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 4
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 10
  • Exterior Walls Type: 7
  • Interior Walls Type: 6
  • Roof Shape Type: 1
  • Roof Cover Type: 11
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 238
  • Parking Space Count: 1
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,454
  • Lot Size Depth Feet: 1,240
  • Lot Size Frontage Feet: 830
  • Total Building Area: 1,721
  • Gross Building Area: 2,083
  • Building Area: 1,721
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,721
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OCALA HIGHLANDS
  • Land Acres: 0000000240
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: SEC 15 TWP 15 RGE 22 PLAT BOOK F PAGE 013 OCALA HIGHLANDS CITRUS DRIVE ADD UNIT 1 BLK A LOT 11

Neighborhood

  • School District Name: Marion County School District
  • Census Tract: 002100

Zoning

  • Zoning: R1A

Geography

  • Assessors Map Reference: MAP 196
  • Parcel: 2784-001-011
  • Block: A
  • Lot: 11
  • Meridian: SEC 15 TWN 15S RNG 22E
  • Municipality: OCALA
  • Latitude: 29.1817
  • Longitude: -82.0895

    Address

  • Full Address: 530 Se 34th Ave
  • Address - House Number: 530
  • Street Direction: SE
  • Address - Street Name: 34th
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Ocala
  • Carrier Code: C035
  • 4-Digit Zip Code: 2912
  • Zip Code: 34471

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $350,231
  • Initial Tax Delinquent Year: 2019
  • Tax Rate Code Area: 1001

    Appraisal Valuation

  • Standard Deviation: 0.0998
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 90
  • Final Value: 275,850
  • High Value: 303,381
  • Low Value: 248,320

    Market Valuation

  • Market Total Value: $179,057
  • Market Land Value: $46,812
  • Market Improvement Value: $132,245

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $179,057
  • Assessed Land Value: $46,812
  • Assessed Improvements Value: $132,245

    Sales

  • Current Sale Contract Date: Mar 19, 2024
  • Current Sale Recording Date: Mar 19, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 34180
  • Previous Sale Recording Date: Jul 16, 2018
  • Previous Sale Contract Date: Jul 13, 2018
  • Previous Sale Amount: $80,143
  • Previous Sale Document Type: 69
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Ocala

Stats & Trends

Median Asking:

$284,690

Sale Price/ft²

$163

Below Asking

0.03%

Average Days on Market

90

Average Home Size

1987 ft²

Average Home Age

37.2 years

Currently For Sale

387 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 43 Se 15th Terrace, OCALA, FL, 34471

$2,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,900 ft²
43 Se 15th Terrace, OCALA, FL, 34471 Listing by John Morrison
Unit for rent at 1102 Ne 21st Terrace, OCALA, FL, 34470

$2,300 /mo

  • 5 Beds
  • 2 Baths
  • 2,367 ft²
1102 Ne 21st Terrace, OCALA, FL, 34470 Listing by Michael Maakar

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Courtney Moody
NEXTHOME PROFESSIONAL REALTY
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# OM671864
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 530 Southeast 34th Avenue built and last sold?
The property at 530 Southeast 34th Avenue was built in 1958 and last sold on Mar 19, 2024 for $274,900.
How much is this home worth?
The estimated value of the home located at 530 Southeast 34th Avenue is $283,377.
What are some comparable homes to 530 Southeast 34th Avenue?
There are currently no comparable homes to 530 Southeast 34th Avenue.
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