551 Fairways DRIVE #B

$122,500

● Condo - Off Market

551 Fairways DRIVE #B

OCALA, FL 34472

2 Beds

2 Baths, 1 Half Bath

990 Ft²

$666

Est. Monthly

11.86%

Cap Rate

About This Property

INVESTOR ALERT! Second floor 2 bedroom, 1.5 bath condominium located in Fairways #4, Silver Springs Shores area of Ocala, Florida. This unit offers 990 square feet of living space under air plus an additional open balcony that overlooks a peaceful garden area. The community pool is located just around the corner. The main living area and both bedrooms feature carpet flooring. The main entryway and dining area, kitchen and baths have vinyl. Stackable washer/dryer combo located inside the unit. HOA monthly fees include basic cable television, insurance on the building, maintenance on the outside of the building, common area lawn care, garbage pickup and use of the communtiy pool. Also located nearby is the Silver Springs Shores Community Center which provides a place where adults and youth can relax by the pool, play billiards, table tennis, and enjoy other activities on a daily basis. Additional outdoor youth programs are available including fishing and archery activities. Silver Springs Shores Community Center also hosts clubs, organizations, and parties of all kinds.

Unit Size

990 Ft²

Days on Market

35 days

Land Size

0.01 acres

Price per sqft

$124

Property Type

Condo

Property Taxes

$64

HOA Dues

Year Built

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (Stellar MLS #OM667353)

Price History

Date / Event	Date	Event
Dec 6, 2023	Sold	Premium
Sold
Nov 4, 2023	In contract	-
In contract
Nov 1, 2023	Listed by WATSON REALTY CORP	$122,500
Listed by WATSON REALTY CORP

Property Highlights

Air Conditioning

Interior Details

Half Bathrooms: 1

Full Bathrooms: 1

Interior Features: Ceiling Fan(s)

Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer

Flooring Type: Carpet

Rooms: 3

Exterior Details

Square Footage: 990

Square Footage Source: $0

Year Built: 1972

Building Area Total: 1095

Levels: One

Building Area Units: Square Feet

Construction Materials: Stucco

Lot Size Area: 510

Lot Size Units: Square Feet

Lot Size Acres: 0.01

Lot Size Square Feet: 510

Tax Lot: 203C

Water Source: Public

Financial Details

Tax Annual Amount: $769

Lease Considered: Yes

Utilities Details

Cooling Type: Central Air

Heating Type: Electric

Sewer : Public Sewer

Location Details

HOA/Condo/Coop Fee Includes: Cable TV, Insurance, Pest Control, Trash

HOA Fee Frequency: Monthly

Request mortgage information redaction

Comparables

Past Sales

Date	Unit	Beds	Baths	Sqft	Price	Closed	Listed By
20241025 Unit A 10/25/2024	A	2 Bed	1 Bath	990 ft²	$169,400 2 Bed 1 Bath 990 ft²	$120,000 -29.16% 09/02/2025	Rich Denicola RE/MAX PREMIER REALTY LADY LK
20231101 Unit B 11/01/2023	B	2 Bed	2 Bath	990 ft²	$122,500 2 Bed 2 Bath 990 ft²	$122,500 12/06/2023	Brenda Lepper WATSON REALTY CORP

Building Info

551 Fairways Drive 551 Fairways Drive, Ocala, FL 34472

More about this Building

Want to find out who owns 551 Fairways Drive, Ocala, FL 34472? Get detailed property transactions here.

About Silver Springs Shores

Stats & Trends

Median Asking:

$172,000

Sale Price/ft²

$137

Below Asking

0.04%

Average Days on Market

Average Home Size

1214 ft²

Average Home Age

43.3 years

Currently For Sale

99 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

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$1,980 /mo

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2 Baths
1,440 ft²

7 Pine Trace Terrace, OCALA, FL, 34472 Listing by Fadya Contreras de Rondon

Unit for rent at 5060 Pecan Road, OCALA, FL, 34472

$2,000 /mo

3 Beds
2 Baths
1,493 ft²

5060 Pecan Road, OCALA, FL, 34472 Listing by Chelsea Dejoie

Unit for rent at 216 Hickory Course, OCALA, FL, 34472

$2,200 /mo

4 Beds
2 Baths
1,827 ft²

216 Hickory Course, OCALA, FL, 34472 Listing by Julie Martinez

Rentals Near You

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Listed by: Brenda Lepper
WATSON REALTY CORP
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# OM667353

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.