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5534 SW 31st Street, Ocala FL 34474

House Active With Contract
$589,000

BTC: 9.16731518

ETH: 309.56986082

52 days
4 bds
3 ba
2,554 sqft

Overview

Completely renovated from the studs up, this move-in-ready 4-bedroom, 3-bathroom home sits on 1.03 fully fenced acres. Every major component has been updated and permitted, including the roof, flooring, walls, ceilings, kitchen, and bathrooms. High-end finishes throughout create a modern, comfortable living space, while the expansive lot provides privacy and plenty of room for entertaining, pets, recreational vehicles, or future outdoor improvements. Conveniently located just 20 minutes from Downtown Ocala, this vacant home offers the perfect blend of updated living, usable land, and freedom.

Location

Details

Type:
Residential
Parking:
2 Or More Spaces / Parking Garage
Year Built:
1981
Lot:
1.03 Acres
Heating:
Central
Price/sqft:
$231
Cooling:
Central Air
HOA:
$100

Valuation

Our model vs. what's actually selling nearby.
Estimate
$319,945
$224K – $549K
Confidence Low
List vs. estimate
$269K above estimate
List $589,000 · +84.1%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$230
+29.8% vs. city median $177
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$2,278
2025
HOA
$100/yr
Garage
2 car garage
Pets
Allowed
All facts and features
  • Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Ice Maker

    • Microwave

    • Electric Range

    • Refrigerator

    • Self Cleaning Oven

    • Wall Oven

    • Washer

    Other interior features

    • Cooking Island

    • Entrance Foyer

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Full bathrooms: 3

  • Parking

    • 2 Or More Spaces

    • Parking Garage

    Property

    • Levels: 1

    Lot

    • Lot: 1.03 Acres

    Other Property Information

    • Parcel Number: 2383006003

    • Zoning: A1

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Septic

    • Electricity Available

  • Other financial information

    • HOA: $100

    • HOA Frequency: Annually

    • Annual tax amount: $2,278

  • Source details

    • MLS ID: B26035502

    Other facts

    • Construction Materials: Frame / Frame With Stucco / Slab Construction

    • Lot Features: 1 To Less Than 2 Acre Lot / Septic

    • Direction Faces: North

    • Other Structures: Livable / Extra Building/Shed / Shed(s) / Storage Shed

    • Architectural Style: Ranch / One Story

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 2554

    • Water Source: Well

    • Subdivision Name: TIMBERWOOD 3RD ADDITION

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: OVERSOUTH