tomo logo

$135,000

Beds
4
Baths
2.0
sq ft
1,474

1306 NW 8th St, Ocala, FL 34475

1306 NW 8th St

OCALA, FL 34475

  • 15 days on market
Investor Alert: Prime Opportunity for Value-Add Property! This property is a true gem for investors looking to capitalize on a high-potential renovation. Situated on a large lot, the current single-family home is undergoing extensive remodeling, with significant progress already made. Here’s a quick rundown of the updates: New Roof – Ensuring long-term protection and curb appeal. Electrical Panel installation is almost done, modernizing the electrical system. Plumbing & Drywall – All plumbing has been updated, and new drywall has been installed. All Work Done with Permits – Everything is up to code and being done by the book, ensuring peace of mind for any investor looking to complete the project. With most of the heavy lifting already done, this property presents a great opportunity to finish the remodel and either flip for a profit or hold as a rental. The hard work has been completed—now it’s time to bring your vision to life! Don’t miss out on this great investment opportunity! Sold As Is

Details

Property type

Single Family Residence

Est. home value

$129,533

Lot size

0.65 acres

Price per sq ft

$92

Year built

1948

Annual property taxes

$1,517.51

HOA

No

Price History

12/07/2024
StellarMLS

StellarMLS #S5116801

Listed
$135,000
+12.5%
11/14/2024
StellarMLS

StellarMLS #S5115377

Removed
$120,000
11/11/2024
StellarMLS

StellarMLS #S5115377

Listed
$120,000
+71.43%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Boyd Loan Funding I Llc

Loan start date

June 2022

Original loan amount

$43,200

Est. remaining balance

Not provided

Interest rate

5.3%

Loan type

Building or Construction Loan

Seller

Mg Investment Associate Corp

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/22/2024 at 9:45 AM

Listing updated: 12/08/2024 at 6:51 AM

Listed by: Mildres Contreras, BANERSY REAL ESTATE, LLC Phone #: (407) 962-6201

MLS: StellarMLS #S5116801

StellarMLS logo

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