Address
5279 Sw 31st Street, OCALA, FL
Price
$ 360,000
Property Attributes
  • MLS#OM731890
  • TypeSingle Family
  • Listing Status Pending
  • CountyMarion
  • CityOCALA
  • AreaOcala
  • NeighborhoodTIMBERWOOD ADD 02
  • Zip34474
  • StyleSingle Family Residence
  • Year Built1985
  • Taxes$ 5601
  • Price$ 360,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage2402
  • Lot Size1 Acres
Data Source:
Stellar MLS
Property Description

Under contract-accepting backup offers. $$ IDEAL FOR INVESTORS, FLIPPERS, OR RENOVATION-MINDED BUYERS $$ Incredible opportunity in the highly desirable SW Ocala community of Timberwood! Situated on a fenced one-acre lot, this spacious 3-bedroom, 2-bath home offers outstanding potential for an investor, flipper, or buyer looking for a rewarding renovation project. The home features a foyer, formal dining room, eat-in kitchen with island, oversized family room with a beautiful solid brick fireplace, inside laundry room, two-car garage, Florida Room and screened rear porch. Water softener. Ample closet space. | NEWER 5 TON 14 SEER LENOX A/C IN 2023 | Mature landscaping and several outbuildings add to the appeal and versatility of this property. With its DESIRABLE location, generous lot size, and spacious floor plan, this property presents an excellent opportunity to add value and create something truly special. Timberwood is an established community with minimal HOA fees. All furnishings and remaining contents currently in the home are included with the sale. Property is being sold in its present condition. ** BRING YOUR VISION AND UNLOCK THE INCREDIBLE POTENTIAL THIS PROPERTY HAS ** THIS HOME IS IN NEED OF REPAIRS, UPDATING AND COSMETIC IMPROVEMENTS. Close proximity to Ocala Airport, Ocala Breeders Sales and The World Equestrian Center.

Elementary School Middle School High School
Saddlewood Elementary School Elementary School Liberty Middle School Middle School West Port High School High School
Price History
9/9/2026 Listed $360,000

General Features

Sewer Septic Tank
Heating Electric
Cooling Central Air
Utilities Electricity Connected
Possession Close Of Escrow
Roof Shingle
Appliances Dishwasher,Dryer,Electric Water Heater,Range,Refrigerator,Washer
Zoning A1
HOA Fee 108
Garage Spaces 2
Security Features Security System
Construction Materials Brick,Concrete
Pets Allowed Cats OK,Dogs OK,Yes
Year Built 1985
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
Assoc Fee Paid Per Annually
County Marion
New Construction false
Property Type Residential
Attached Garage true
Subdivision Name TIMBERWOOD ADD 02
Facing Direction South
Garage Y/N true
Other Structures Shed(s),Workshop
Total Rooms 7
Full Baths 2
Status Pending
Directions Head West on SW 38th Street (behind Fore Ranch development). TR on SW 54 Court. Go to end of street. TR onto SW 31 St. Home will be on the left.
High School West Port High School
City OCALA
Association Name HOA MANAGER
Senior Community Y/N false
MLS Area 34474 - Ocala
Lot Size Units Acres
Lot Size Square Feet 43560
Carport Y/N false
Listing Terms Cash
Elementary School Saddlewood Elementary School
Land Lease Y/N false
Tax Annual Amount 5601.97
Middle/Junior High School Liberty Middle School
Property Condition Fixer
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/OM731890
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active Under Contract
Occupancy Type Vacant
Tax Lot 5
Legal Description SEC 28 TWP 15 RGE 21 PLAT BOOK U PAGE 068 TIMBERWOOD 2ND ADD BLK C LOT 5
Minimum Lease No Minimum
Water Access Y/N false
Monthly HOA Amount 9
Additional Rooms Family Room,Florida Room,Formal Dining Room Separate,Inside Utility
Water View Y/N false
Flood Zone Code X
In Law Suite YN false
Flood Zone Code X Yes

Interior Features

Interior Amenities Cathedral Ceiling(s),Ceiling Fan(s),Eating Space In Kitchen,Split Bedroom,Thermostat,Walk-In Closet(s)
Flooring Carpet,Ceramic Tile,Hardwood
Furnished Y/N Partially
Fireplace Features Family Room
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Laundry Features Laundry Room
Total Bedrooms 3
LivingAreaSource Public Records
Total Baths 2

Exterior Features

Exterior Amenities Irrigation System,Rain Gutters,Sidewalk
Fencing Board,Chain Link,Wood
Parking Features Driveway,Garage Door Opener,Garage Faces Side
Water Source Well
Lot Size Area 1
Foundation Details Slab
Building Area Total 3868
Lot Dimensions 175 x 250
Lot Size Acres 1
Road Surface Type Paved
Private Pool false
Waterfront Y/N false
Covered Spaces 2

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 34474

Price
AVG $370K
$360K
Taxes
AVG $3,939
$5,601
Year Built
AVG 2016
1985