40
Map
$105,000
●
Condo -
For Sale
557 MIDWAY DRIVE #B
OCALA, FL 34472
2 Beds
1 Bath,
1
Half Bath
1,054 Ft²
$1,036
Est. Monthly
$325
HOA / Fees
About This Property
Welcome home to a two-bedroom, one-and-a-half-bath condominium in
the lovely Live Oak Village, a 55-plus community in Ocala, Florida.
This second-floor residence offers unobstructed views of Lake
Sparkle and is a short walk to the pool and clubhouse. Brand new
carpet has just been installed throughout, and the unit is
furnished and ready for you to move in and enjoy. The HOA fees
cover essential amenities, including basic cable, insurance,
maintenance of the building and common areas, garbage pickup, and
access to the community pool and clubhouse. Grocery stores,
pharmacies, local restaurants, and hiking trails are all within
minutes. The streets are lined with beautiful oak trees providing
plenty of shade for daily walks. The grounds are well-lit at night,
and this community experiences minimal traffic due to its location
on a dead-end road. Ready for immediate occupancy.
Unit Size
1,054 Ft²
Days on Market
179 days
Land Size
-
Price per sqft
$100
Property Type
Condo
Property Taxes
$195
HOA Dues
$325
Year Built
-
Listed By
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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: 6 months ago (Stellar MLS #O6408362)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 15, 2026 | Listed by KELLER WILLIAMS DEDICATED PROFESSIONALS | $105,000 | |
| Listed by KELLER WILLIAMS DEDICATED PROFESSIONALS | |||
| May 20, 2022 | No longer available | - | |
| No longer available | |||
| Mar 31, 2022 | Listed by FONTANA REALTY EAST OCALA | $95,000 | |
| Listed by FONTANA REALTY EAST OCALA | |||
| | |||
|
Furnished second floor unit in Live Oak Village. Refrigerator, A/c, and water heater replaced within the last two years. Live Oak is home to both seasonal and year round residents. This unit overlooks the lake. Condo fees include trash, basic cable, and exterior maintenance including roof. Condo association takes great pride in the community, and the grounds are impecably maintained. Buildings are pressure washed regularly, gounds maintenance, and tree trimming is well maintained. Grocery stores, pharmacy, local restaurants, and hiking trails all within minutes. The streets are lines with beautiful oak trees providing plenty of shade for daily walks. Grounds are well lit at night. This community has minimum traffice due to being on a dead end road. The manager has listed the unit size as 1054 square feet.
| |||
Property Highlights
Air Conditioning
Parking Available
With View
Parking Details
Parking Features: Assigned
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Walk-In Closet(s), Living Room/Dining Room Combo, Thermostat
Appliances: Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Washer
Flooring Type: Carpet, Ceramic Tile
Door Features: Sliding Doors
Laundry Features: Laundry Closet
Rooms: 3
Exterior Details
Has Property Attached
Square Footage: 1054
Square Footage Source: $0
Property Condition: Completed
Year Built: 1972
Building Area Total: 1208
Levels: One
Building Area Units: Square Feet
Construction Materials: Vinyl Siding, Wood Siding
Patio and Porch Features: Enclosed, Patio
Lot Features: Landscaped, Sidewalk
Tax Lot: -
Water Source: Public
Financial Details
Tax Annual Amount: $2,344
Lease Considered: Yes
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Cable TV, Maintenance Structure, Community Pool
HOA Fee: $325
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/31/2022
|
2 Bed
|
2 Bath
|
1054 ft²
|
$95,000
2 Bed
2 Bath
1054 ft²
|
-
-
|
David Wineriter
FONTANA REALTY EAST OCALA
|
Building Info
About Silver Springs Shores
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Listed by: Heather Zeron
KELLER WILLIAMS DEDICATED PROFESSIONALS
Last Updated: 6 months ago
Data Source: Stellar MLS, MLS# O6408362
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.
KELLER WILLIAMS DEDICATED PROFESSIONALS
Last Updated: 6 months ago
Data Source: Stellar MLS, MLS# O6408362
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017