5565 SE 37TH PLACE
About This Property
Inside, this nearly 2,200 square foot home welcomes you with an open, bright layout and a massive living room centered around a cozy wood-burning fireplace, creating the perfect space for gatherings or relaxing evenings at home. The home has been tastefully refreshed with new luxury vinyl plank flooring throughout (2024) and brand-new carpet in the bedrooms, offering a modern feel while maintaining warmth and comfort. The kitchen features granite countertops, light cabinetry with soft-close drawers, and a skylight that fills the space with natural light, making it a welcoming hub for everyday living and entertaining.
The primary suite is spacious and inviting, complete with chair rail accent walls that add a touch of character. The oversized primary bathroom offers dual vanities, a large walk-in shower, and a generous walk-in closet, creating a comfortable retreat at the end of the day. A huge fourth bedroom or flex room-complete with a closet-offers endless possibilities as a guest suite, office, media room, or hobby space.
One of the standout features of this home is the expansive screened enclosed patio, providing additional space perfect for entertaining, relaxing, or enjoying Florida's beautiful weather year-round. Step outside to the fully usable backyard featuring paver landscaping, irrigation with an advanced timer system, a double side gate for easy storage access, and a powered storage shed, ideal for tools, hobbies, or extra workspace. The grilling area is already plumbed for gas, making outdoor cooking and hosting effortless.
Additional upgrades add even more value and peace of mind, including a 2022 roof, tankless hot water system installed in 2025, new gutters with gutter guards, and a protector installed on the electrical panel. The three-car garage offers extensive shelving and storage, making it perfect for vehicles, equipment, or workshop space.
If you're searching for a move-in-ready Ocala home with modern updates, generous living space, and a large lot in Southeast Ocala, 5565 SE 37th Place offers the perfect combination of location, upgrades, and lifestyle in one exceptional property.
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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%.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017