Residential Property - Single Family Residence in Ocklawaha
Listing Price: $215,000
Description of Property
One or more photo(s) has been virtually staged. ***BUYER FINANCING FELL THROUGH*** Welcome to this beautifully updated block home located in the heart of Ocklawaha, Florida, just a short walk to the sparkling waters of Johnson Beach on Lake Weir. This move-in ready property offers a flexible layout with three bedrooms, one full bathroom. Nestled on a quiet, tree-lined street, this home blends timeless charm with modern upgrades that deliver comfort, reliability, and long-term value. Inside, you’ll find real hardwood floors throughout the main living areas, and an inviting, open layout perfect for both relaxed living and entertaining. The bathroom has been updated with new tile flooring, and the home has been fully rewired with brand-new electrical throughout. Major systems have been taken care of, including a new roof (2022), new water heater (2022), new furnace (2022), and a AC system installed around 2015. The kitchen is bright and functional, opening into a cozy dining area, and the convenient interior laundry room adds everyday ease. The enclosed Florida room serving as the 3rd bedroom, wrapped in windows and featuring its own closet, is ideal for guests, a home office, or a third bedroom option. Outside, the partially fenced backyard (mostly enclosed by neighboring fencing) includes a small shed and offers room to garden, play, or unwind. The septic system includes a grease trap. This home is not only great for full-time living but also presents an excellent investment opportunity. With a projected monthly rental income of approximately $1,700, this property could bring in an estimated $20,400 annually. Based on the current list price of $225,000, that equates to a gross rental ROI of approximately 9.1%—before accounting for tax, insurance, and maintenance expenses. For investors, this is an attractive return in a high-demand rental area with no HOA restrictions and minimal competition at this price point. The location is ideal for nature lovers and outdoor enthusiasts. You’ll be walking distance to Lake Weir, with easy access to fishing, boating, and local trails, and only about 20 minutes from The Villages and 30 minutes from Ocala. Whether you're seeking a peaceful full-time residence, a seasonal getaway, or a high-performing rental property, this home offers the flexibility to fit your goals. It’s easy to view and ready for its next chapter—schedule your private showing today and see for yourself why this Ocklawaha charmer should be your next move.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Ocklawaha
County: Marion
Subdivision: Classic Rdg
Bedrooms: 3
Bathrooms: 1
Sq. Ft. Gross: 1,487
Sq. Ft. Living Area: 1,116
Cost per (heated) sqare foot: $193
Year built: 1963
Annual Tax: $2,582
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Appliances: Refrigerator
Additional Rooms: Bonus Room
Flooring: Hardwood
Schools
Elementary School: Stanton-Weirsdale Elem. School
Middle/Junior High School: Lake Weir Middle School
High School: Lake Weir High School
Pool & Waterfront Info
Private Pool: Not specified
Exterior & Construction
Architectural Style: Mid-Century Modern
Construction: Block
Foundation: Pillar/Post/Pier
Roof: Shingle
Exterior Features: Other
Carport: Yes
Carport Spaces: 1
Floors Total: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Electric
Electric:
Patio & Porch Features:
Security Features:
Other Structures:
View:
Fencing:
Sewer: Septic Tank
Water Source: Well
Lot Information
Lot Features: Unincorporated
Lot Size (acres): 0.29
Lot Size (sq. ft.): 12,632 square feet
Lot Dimensions: 98 x 128
Road Frontage: Street Paved
Front Exposure: East
Legal Description & Other Information
Financing Available: VA Loan
Parcel Number: 4893400200
Zoning: R1
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: SEC 05 TWP 17 RGE 24 COM AT A PT W 92 FT & S 222 FT OF THE NE COR OF E 1/2 GOVT LOT 3 TH S 98 FT TH W 128 FT TH N 98 FT TH E 128 FT TO THE POB
Section: 5
Range: 24E
Listing courtesy of WATSON REALTY CORP. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.