Under contract-accepting backup offers. Welcome to Marion Landing,
a vibrant 55+ community where an active lifestyle and an impressive
list of amenities are right outside your door! This concrete block
and stucco home offers a spacious, flexible floor plan with 3
bedrooms, 2 bathrooms, a sunroom/flex space and an oversized 2 car
garage. Mature landscaping in the front gives the property an
established, welcoming feel with plenty of greenery to enjoy. Step
inside to the large living room with tile flooring that continues
through the main living areas. The kitchen features abundant
cabinetry, laminate countertops, white appliances, refrigerator and
a casual kitchenette area for everyday dining. Just beyond the
dining room, the sunroom offers fantastic additional living space
and could easily serve as a home office, hobby room or quiet
reading retreat. Two guest bedrooms are located on their own side
of the home with a nearby guest bathroom featuring a handicap
accessible step in shower. One guest bedroom has laminate flooring,
while the other is carpeted and ready for your personal touch.
Across the home, the spacious primary suite offers plenty of room
for a sitting area or additional furniture and includes a walk in
closet and private bathroom with a jetted tub and single sink
vanity. Outside, the mature landscaping continues into the
backyard, creating a peaceful setting with established trees and
greenery. Enjoy a sprinkler system, buried electronic dog fence and
lightning protection, along with plenty of room for parking and
storage. Major updates include a new roof in 2024, whole home
repipe completed in 2024, HVAC replaced in 2023 and water heater
replaced in 2024! Living in Marion Landing is about so much more
than the house! Residents enjoy an amenity packed active adult
lifestyle with a Lifestyle Center, fitness facilities, swimming
pool and spa, billiards, arts and crafts, ballroom, an 8 lane
bowling alley, tennis, bocce and shuffleboard, plus a fishing pond
and plenty of opportunities to stay social and active. Conveniently
located near shopping, dining, medical facilities and the SW
Highway 200 corridor. Come see why Marion Landing continues to be
such a popular choice for 55+ living in Ocala!
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.
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