Back 16242 Southwest 55th Street
Off Market

16242 Southwest 55th Street

Ocala FL 34481

3
2
3
3024 sq. ft.
46609 sq. ft.
Other
Last sold for $115,000
Nancy MinchNancy Minch, last sold this property on 31 October 2024 after 78 days on market.

Overview

PROPERTY IS PENDING - SELLER IS TAKING BACK UP OFFERS - CALLING ALL INVESTORS - Looking for your next project, this property has great potential. This home is located in the quiet neighborhood of Westwood Acres South, just off of Rt 40 about 8 miles West of the World Equestrian Center. Zoned A1 so bring your animals and NO HOA fees. Sits on over an acre of land in a park like sitting. This could be a private, serene retreat with a little bit of work. There are two sheds on the property, both with electricity. These could be used as work shops and/or storage. There are also 2 carports that will house 3 cars. Split bedroom floor plan, fireplace in the living room, and an inside laundry room. It has an added Florida Room and deck on 3 sides of the home. Close to Dunnellon, Rainbow Springs State Park and WEC. Home has a metal roof but it is leaking. The floor also has soft spots and holes in some areas. All utilities are connected and working. All information came from public records. Buyers must do their due diligence and verify all information. Motivated Seller, all offers will be considered!!

Features

3 bedrooms
2 bathrooms
3 carspaces
3 carport spaces
3024 sq. ft. floor area
46609 sq. ft. lot size
Other

Estimated Value

Based on this property and similar 3 bedroom other properties sold in Ocala over the last 12 months, the estimated median property value of 16242 Southwest 55th Street is $207.5k.

Median value
$207.5k
Estimated value range
$90k - $600k
Median days on market
30
Estimated value trend
6%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Ocala. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 16242 Southwest 55th Street

2024
Sold
$115,000
31 Oct 2024 by Nancy Minch, of LOCAL REALTY SERVICES LLC

Happy sellers in Ocala

73%
73% of sellers in Ocala reported that their sale price either exceeded or met their price expectations.

Ocala stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 87 reviews in Ocala over the last 12 months.

Local market activity for 3 bedroom other properties in Ocala

In the last 12 months, 25 three-bedroom other properties similar to 16242 Southwest 55th Street, have been sold.

This represents a 20% increase in three-bedroom other properties sales when compared to the previous 12 months.

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