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Marion 34480
6995 SE 22ND AVENUE
$200,000
● House - Off Market

6995 SE 22ND AVENUE

OCALA, FL 34480
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,630 Ft²
$1,165
Est. Monthly
11.50%
Cap Rate

About This Property

This beautifully maintained 3-bedroom, 2-bathroom home is situated on a spacious corner lot spanning 0.30 acres. The property offers a versatile closed-in office space, perfect for remote work or additional privacy. The master bathroom features elegant marble finishes, providing a touch of luxury. Additionally, the home includes a convenient storage shed, offering ample space for outdoor equipment or extra storage needs. This property combines comfort, functionality, and style, making it a perfect place to call home.
Unit Size
1,630 Ft²
Days on Market
276 days
Land Size
0.30 acres
Price per sqft
$114
Property Type
House
Property Taxes
$256
HOA Dues
-
Year Built
2002

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Cap Rate Calculator

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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: 2 years ago (Stellar MLS #OM686442)

Price History

Date / Event Date Event Price
Jun 25, 2025 Sold
Premium
Sold
Mar 19, 2025 In contract -
In contract
Mar 17, 2025 Price Decreased $185,000
↓ $25K (11.9%)
Price Decreased
Jan 31, 2025 Price Decreased $210,000
↓ $40K (16%)
Price Decreased
Dec 26, 2024 Price Decreased $250,000
↓ $35K (12.3%)
Price Decreased
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 2
  • Building Quality: 7
  • 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: 7
  • Garage Square Area: 440
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 77
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,068
  • Lot Size Depth Feet: 1,060
  • Lot Size Frontage Feet: 1,240
  • Total Building Area: 1,630
  • Gross Building Area: 2,293
  • Building Area: 1,630
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 8
  • Heated Square Feet: 1,630
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SABAL PARK
  • Land Acres: 0000000300
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: SEC 09 TWP 16 RGE 22 PLAT BOOK F PAGE 061 SABAL PARK BLK P LOTS 1.2.

Neighborhood

  • School District Name: Marion County School District
  • Census Tract: 002402

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MAP 198
  • Parcel: 3637-016-001
  • Block: P
  • Lot: 1
  • Meridian: SEC 9 TWN 16S RNG 22E
  • Municipality: COUNTY - SJRWMD-OR
  • Latitude: 29.1169
  • Longitude: -82.1066

    Address

  • Full Address: 6995 Se 22nd Ave
  • Address - House Number: 6995
  • Street Direction: SE
  • Address - Street Name: 22nd
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Ocala
  • Carrier Code: R010
  • 4-Digit Zip Code: 6273
  • Zip Code: 34480

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $307,583
  • Tax Rate Code Area: 9001

    Appraisal Valuation

  • Standard Deviation: 0.2366
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 67
  • Final Value: 276,268
  • High Value: 341,639
  • Low Value: 210,896

    Market Valuation

  • Market Total Value: $176,294
  • Market Land Value: $16,182
  • Market Improvement Value: $160,112

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $175,689

    Sales

  • Current Sale Contract Date: Mar 23, 2018
  • Current Sale Recording Date: Mar 23, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2018027277
  • Previous Sale Recording Date: Mar 02, 2015
  • Previous Sale Contract Date: Feb 03, 2015
  • Previous Sale Amount: $89,900
  • Previous Sale Document Type: 68
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

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

About Marion

Stats & Trends

Median Asking:

$287,500

Sale Price/ft²

$175

Below Asking

0.03%

Average Days on Market

81

Average Home Size

1870 ft²

Average Home Age

21.4 years

Currently For Sale

5467 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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STELLAR

Listed by: Qhuantae Nunn
DALTON WADE INC
Last Updated: 2 years ago
Data Source: Stellar MLS, MLS# OM686442
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.

Frequently Asked Questions

When was property at 6995 Southeast 22nd Avenue built and last sold?
The property at 6995 Southeast 22nd Avenue was built in 2002 and last sold on Mar 23, 2018 for $155,000.
How much is this home worth?
The estimated value of the home located at 6995 Southeast 22nd Avenue is $0.
What are some comparable homes to 6995 Southeast 22nd Avenue?
There are currently no comparable homes to 6995 Southeast 22nd Avenue.
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