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16117 NE 5TH PLACE

House Recently Sold
$63,000

BTC: 1.00000000

ETH: 36.08247423

Sold on: 2023-12-21
6 days
3 bds
1 ba
1,250 sqft

Overview

Attention all investors - great opportunity to add to your portfolio. Very private setting, close to the Ocala National Forest. Either flip and sale or keep for rentals. There are two buildings on the property, both need to be completely renovated. The main house has 3 bedrooms, 1 bathroom, kitchen, living room and family room with fireplace. Condition of the fireplace is not known. The second building was used as a studio apartment. It consists of kitchen, living room/bedroom and bathroom. There is no heat source, no air conditioning and the condition of the well and septic is unknown. There are soft spots on the floor in the main building so be extremely careful if entering the building. The property is on an unimproved dirt road, it may not be accessible with all vehicles. The sand on the property is very soft, please park on the road to view the property. NOTE: this is a foreclosed property, seller has no first hand knowledge of the property. It is the buyer's responsibility to verify all facts.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1973
Lot:
0.35 Acres
Heating:
Other
Price/sqft:
$56
Cooling:
None
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$95,000
$77K – $155K
Confidence Low
List vs. estimate
$25K below estimate
List $69,900 · -26.4%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$55
-68.7% vs. city median $178
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$1,381
2023
All facts and features
  • Flooring

    • Other

    Heating

    • Other

    Cooling

    • None

    Appliances

    • None

    Other interior features

    • Ceiling Fan(s)

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 1

  • Property

    • Levels: One

    • Exterior Features: Garden

    Lot

    • Lot: 0.35 Acres

    Other Property Information

    • Parcel Number: 3230700701

    • Zoning: R1

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Electricity Available

  • Other financial information

    • Annual tax amount: $1,381

  • Source details

    • MLS ID: OM668756

    Other facts

    • Construction Materials: Vinyl Siding

    • Foundation Details: Pillar/Post/Pier

    • Fireplace Features: Wood Burning

    • Laundry Features: Laundry Room

    • Direction Faces: South

    • Fireplace: Yes

    • Living Area: 1250

    • Water Source: Well

    • Lot Size Dimensions: 150 x 100

    • Subdivision Name: RED WATER CAMP

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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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: LOCAL REALTY SERVICES LLC