by Global Lifestyle Properties

See Home Value
Marion
5401 SW 88th PLACE
$369,900
● House - Off Market

5401 SW 88th PLACE

OCALA, FL 34476
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,268 Ft²
$2,076
Est. Monthly
$11
HOA / Fees
5.00%
Cap Rate

About This Property

Motivated Seller! Price Improvement! Welcome to this charming home located in established and desirable neighborhood close to schools, shopping, restaurants and medical facilities. This home offers a welcoming open patio entrance with double doors leading into a spacious foyer with a coat closet. The heart of the home is the modern kitchen which features granite countertops, ample cabinetry, and newer stainless appliances (frig, stove and dishwasher approx 3 yrs old). A cozy nook with bay windows faces out to the pool area creating a serene view as you enjoy meals. There is also a breakfast bar with enough room for a couple of stools so you can chat with the cook during meal prep! The open, split floor plan offers a dining room and living room, primary suite on one side of the house and two beds and bath on opposite side of house. The focal point of the living room is the stone gas fireplace. A built in entertainment area makes it convenient for TV, stereo or video games. You'll love the crown molding and plant shelves, giving the space an elegant touch. The triple sliders lead from the living room to the back covered patio - a nice place to hang out and watch the game or just chill with friends. The primary suite is a true retreat! Features large bedroom space with sliders to patio/pool, TWO walk in closets and a luxurious en suite with garden tub and walk in shower.The newly screened pool enclosure (approx 5 months ago) offers an enjoyable setting for floating the day away. There is also and outdoor shower area. Recent upgrades include the following: 2016 range was converted from electric to propane. Propane services the fire place and the outdoor grill as well. Pot filler faucet over the stove, tankless water heater, solar pool heat 2018, roof 2023, HVAC 2012, split AC unit in garage 2015. The two car garage offers the AC unit and a 1/2 bath for convenience. This home offers a lot of space and a lot of upgrades! Schedule your tour today!
Unit Size
2,268 Ft²
Days on Market
96 days
Land Size
0.26 acres
Price per sqft
$163
Property Type
House
Property Taxes
$248
HOA Dues
$11
Year Built
1998

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (Stellar MLS #OM688187)

Price History

Date / Event Date Event Price
Jan 27, 2025 Sold
Sold
Dec 24, 2024 In contract -
In contract
Dec 20, 2024 Price Decreased $369,900
↓ $10K (2.6%)
Price Decreased
Oct 23, 2024 Listed by BERKSHIRE HATHAWAY HS FLORIDA $379,900
Listed by BERKSHIRE HATHAWAY HS FLORIDA
Aug 22, 2016 Sold
Sold
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: 4
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 10
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 11
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 607
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 111
  • Pool Type: 4

    Dimensions

  • Lot Size Square Feet: 11,326
  • Lot Size Depth Feet: 1,260
  • Lot Size Frontage Feet: 900
  • Total Building Area: 2,875
  • Gross Building Area: 4,567
  • Building Area: 2,268
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 8
  • Heated Square Feet: 2,268
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 4
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAJESTIC OAKS SECOND ADD
  • Land Acres: 0000000260
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: SEC 16 TWP 16 RGE 21 PLAT BOOK 002 PAGE 027 MAJESTIC OAKS SECOND ADD BLK H LOT 16

Neighborhood

  • School District Name: Marion County School District
  • Census Tract: 001009

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MAP 149
  • Parcel: 35621-008-16
  • Block: H
  • Lot: 16
  • Meridian: SEC 16 TWN 16S RNG 21E
  • Municipality: COUNTY - SWFWMD-WR
  • Latitude: 29.0945
  • Longitude: -82.2096

    Address

  • Full Address: 5401 Sw 88th Pl
  • Address - House Number: 5401
  • Street Direction: SW
  • Address - Street Name: 88th
  • Address - Suffix Type: Pl
  • State: FL
  • City Name: Ocala
  • Carrier Code: R089
  • 4-Digit Zip Code: 9472
  • Zip Code: 34476

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $297,120
  • Tax Rate Code Area: 9002

    Appraisal Valuation

  • Standard Deviation: 0.2307
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 67
  • Final Value: 399,297
  • High Value: 491,425
  • Low Value: 307,169

    Market Valuation

  • Market Total Value: $341,542
  • Market Land Value: $26,800
  • Market Improvement Value: $314,742

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $214,124

    Exemptions

  • Widow Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 18, 2016
  • Current Sale Recording Date: Aug 22, 2016
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2016077812
  • Previous Sale Recording Date: Sep 08, 2003
  • Previous Sale Contract Date: Aug 22, 2003
  • Previous Sale Amount: $209,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

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

About Marion


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 4898 Sw 81st Loop, OCALA, FL, 34476

$1,790 /mo

  • 3 Beds
  • 2 Baths
  • 1,708 ft²
4898 Sw 81st Loop, OCALA, FL, 34476 Listing by Nury Bedoya
Unit for rent at 6608 Sw 82nd Loop, OCALA, FL, 34476

$1,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,458 ft²
6608 Sw 82nd Loop, OCALA, FL, 34476 Listing by Daniel Marcillo
Unit for rent at 6604 Sw 82nd Loop, OCALA, FL, 34476

$1,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,458 ft²
6604 Sw 82nd Loop, OCALA, FL, 34476 Listing by Daniel Marcillo


Frequently Asked Questions

When was property at 5401 Southwest 88th Place built and last sold?
The property at 5401 Southwest 88th Place was built in 1998 and last sold on Aug 18, 2016 for $235,000.
How much is this home worth?
The estimated value of the home located at 5401 Southwest 88th Place is $0.
What are some comparable homes to 5401 Southwest 88th Place?
There are currently no comparable homes to 5401 Southwest 88th Place.