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SW 89TH CIRCLE
About This Property
This residential lot offers approximately 80' x 125' of space and is located in the established Marion Oaks community in Ocala. Whether you're looking to build your forever home, a seasonal getaway, or make a long-term investment, this property is a great opportunity to own land in beautiful Central Florida.
Marion Oaks offers a peaceful residential setting while still providing convenient access to Ocala, shopping, restaurants, medical facilities, outdoor recreation, and major roadways.
Bring your plans and make this piece of Florida yours! Don't miss the opportunity to secure your own lot in Marion Oaks.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 3, 2026 | Listed by WORLDCORP REALTY | $29,900 | |
| Listed by WORLDCORP REALTY | |||
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| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
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WORLDCORP REALTY
Last Updated: 3 months ago
Data Source: Stellar MLS, MLS# OM731659
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