by Global Lifestyle Properties

See Home Value
Marion 34470
5520 NE 2ND LANE
$697,500
● House - Off Market

5520 NE 2ND LANE

OCALA, FL 34470
bedrooms
5 Beds
bathrooms
4 Baths
square feet
4,100 Ft²
$4,488
Est. Monthly
$17
HOA / Fees

About This Property

Welcome to your private slice of paradise in the quiet ORONOQUE neighborhood-a spacious 4/3/2 pool home on 1 beautifully landscaped acre, complete with a fully furnished detached 1/1 apartment with its own address, perfect for guests or family.

Step inside to an inviting layout centered around a stunning kitchen with a huge island overlooking the family and dining rooms. Enjoy cozy evenings by the wood-burning fireplace or open the sliding doors to connect seamlessly to the screened pool and spa. The expansive master suite features two walk-in closets, French doors to the pool, and a spa-like bath with a double marble vanity, garden tub, and tiled double shower with bench.

The property is fully fenced with two gates and a circular driveway, offering excellent parking options including space for an RV.

Recent upgrades provide worry-free living: updated HVAC system with new insulation and ductwork, 2024 gutters, 2024 electrical panel and exterior lighting, 2024 pool lighting and heater, and freshly renovated and painted main home. The apartment was renovated in 2022.

Ideally located near shopping, dining, parks, medical facilities, and everything Ocala has to offer-this home delivers the perfect balance of tranquility and convenience.
Unit Size
4,100 Ft²
Days on Market
211 days
Land Size
0.99 acres
Price per sqft
$182
Property Type
House
Property Taxes
$810
HOA Dues
$17
Year Built
1978

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Last updated: 5 months ago (Stellar MLS #OM714088)

Price History

Date / Event Date Event Price
Jun 26, 2026 Sold
Sold
Mar 25, 2026 In contract -
In contract
Jan 15, 2026 Price Decreased $745,500
↓ $4K (0.5%)
Price Decreased
Nov 27, 2025 Listed by ASSET CAPITAL REALTY, LLC $749,250
Listed by ASSET CAPITAL REALTY, LLC
Apr 1, 2021 Sold
Sold
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 20
  • 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: 1,271
  • Parking Space Count: 5
  • Patio Type: 69
  • Porch Type: 111
  • Pool Type: 4

    Dimensions

  • Lot Size Square Feet: 43,124
  • Lot Size Depth Feet: 2,220
  • Lot Size Frontage Feet: 1,960
  • Total Building Area: 5,456
  • Gross Building Area: 6,902
  • Building Area: 3,622
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,622
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ORONOQUE
  • Land Acres: 0000000990
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: SEC 13 TWP 15 RGE 22 PLAT BOOK S PAGE 045 ORONOQUE BLK A LOT 18

Neighborhood

  • School District Name: Marion County School District
  • Census Tract: 002201

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MAP 213
  • Parcel: 2741-001-018
  • Block: A
  • Lot: 18
  • Meridian: SEC 13 TWN 15S RNG 22E
  • Municipality: COUNTY - SJRWMD-OR
  • Latitude: 29.1888
  • Longitude: -82.0568

    Address

  • Full Address: 5520 Ne 2nd Ln
  • Address - House Number: 5520
  • Street Direction: NE
  • Address - Street Name: 2nd
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Ocala
  • Carrier Code: R030
  • 4-Digit Zip Code: 3401
  • Zip Code: 34470

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $948,467
  • Tax Rate Code Area: 9001

    Appraisal Valuation

  • Standard Deviation: 0.2061
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 72
  • Final Value: 679,334
  • High Value: 819,384
  • Low Value: 539,284

    Market Valuation

  • Market Total Value: $565,235
  • Market Land Value: $64,092
  • Market Improvement Value: $501,143

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $565,235
  • Assessed Land Value: $64,092
  • Assessed Improvements Value: $501,143

    Sales

  • Current Sale Contract Date: Jan 29, 2021
  • Current Sale Recording Date: Apr 01, 2021
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021042766
  • Previous Sale Recording Date: Apr 04, 2016
  • Previous Sale Contract Date: Mar 29, 2016
  • Previous Sale Amount: $295,000
  • 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


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Nearby Rentals

Unit for rent at 3644 Ne 21st Street, OCALA, FL, 34470

$1,200 /mo

  • 2 Beds
  • 1 Bath
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3644 Ne 21st Street, OCALA, FL, 34470 Listing by Carolyn Day
Unit for rent at 3630 Ne 8th Place, OCALA, FL, 34470

$1,450 /mo

  • 2 Beds
  • 2 Baths
  • 1,040 ft²
3630 Ne 8th Place #104, OCALA, FL, 34470 Listing by Marti Winfield
Unit for rent at 5741 Ne 4th Place, OCALA, FL, 34470

$1,600 /mo

  • 2 Beds
  • 2 Baths
  • 924 ft²
5741 Ne 4th Place, OCALA, FL, 34470 Listing by Gregory Pittas


Frequently Asked Questions

When was property at 5520 Northeast 2nd Lane built and last sold?
The property at 5520 Northeast 2nd Lane was built in 1978 and last sold on Jan 29, 2021 for $510,000.
How much is this home worth?
The estimated value of the home located at 5520 Northeast 2nd Lane is $0.
What are some comparable homes to 5520 Northeast 2nd Lane?
There are currently no comparable homes to 5520 Northeast 2nd Lane.