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6220 SE 118TH PLACE

House For Sale
$164,900

BTC: 2.04844720

ETH: 62.22641509

20 days
2 bds
1 ba
680 sqft

Overview

B-2 COMMUNITY BUSINESS ZONING • TENANT IN PLACE • PRIME BELLEVIEW LOCATION! Opportunity meets versatility in this beautifully remodeled 2-bedroom, 1-bath home with a bonus room on a spacious 0.31-acre lot, conveniently located just off US Highway 301 and directly behind the well-known Mossy Oaks Antique Mall. What makes this property stand out is its B-2 (Community Business) zoning, opening the door to a variety of potential residential, commercial, and live/work uses, subject to Marion County approval. Whether you're an investor, entrepreneur, business owner, or owner-occupant, this property offers the flexibility to create a space that works for your goals. Even better, a tenant is currently in place and willing to remain through December 2026, offering the potential for immediate rental income while you plan for the property's future. The home has been fully remodeled and features a new metal roof and new A/C, providing peace of mind and low-maintenance ownership. The bonus room provides additional flexibility for an office, workspace, storage, or other needs. Imagine the possibilities: maintain it as a rental, create a live/work environment, establish a professional office or service-based business, or explore future commercial or redevelopment opportunities. With its B-2 zoning, existing improvements, 0.31-acre lot, and strategic location just off US-301, this property offers flexibility that traditional residential properties simply don't. Conveniently located near shopping, dining, major roadways, and other Belleview and Marion County amenities. Zoning, permitted uses, business operations, and future development potential should be independently verified with Marion County.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1958
Lot:
0.31 Acres
Heating:
Central / Electric
Price/sqft:
$242
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$154,950
$77K – $169K
Confidence Low
List vs. estimate
$9K above estimate
List $164,900 · +6.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$242
+33.7% vs. city median $181
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$1,143
2025
All facts and features
  • Flooring

    • Ceramic Tile

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Range

    • Refrigerator

    Other interior features

    • Kitchen/Family Room Combo

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 1

  • Property

    • Levels: One

    • Exterior Features: Private Mailbox

    Lot

    • Lot: 0.31 Acres

    Other Property Information

    • Parcel Number: 3855900000

    • Zoning: B2

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • BB/HS Internet Available

    • Electricity Connected

  • Other financial information

    • Annual tax amount: $1,143

  • Source details

    • MLS ID: G5117923

    Other facts

    • Construction Materials: Asbestos / Other

    • Foundation Details: Slab

    • Laundry Features: Laundry Room

    • Direction Faces: North

    • Living Area: 680

    • Water Source: Well

    • Subdivision Name: BELLEVIEW

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. 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: OLYMPUS EXECUTIVE REALTY INC