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About this home
2507 N Magnolia Ave is a 1933-built home in Marimere, Ocala. Inside you'll find 3 bedrooms, 1 bathrooms, and 1,424 square feet of living space. Listed at $159,000 (about $112/sqft), 99 days on market. Flood zone AE - confirm flood insurance requirements with your lender.
Located in the North Magnolia district of Ocala, 2507 N Magnolia Ave presents a prime opportunity for investors seeking their next project. This property offers flexibility to either renovate the existing structure or start fresh with a complete tear-down, making it ideal for a custom build or business venture. Positioned near Dunkin' and Toms Park, the location benefits from steady traffic and local visibility. The owner is highly motivated and open to negotiations, even offering to clear the lot to suit your development plans. Whether you're looking to redevelop or invest, this property sits in a growing area with strong potential.
The essentials
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Details
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
Neighborhood
Market insights
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Sample: 83 closed home sales in 34475 over the last 8 months, Stellar MLS. A starting point, not a guarantee.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$159,000
$112 per sq ft
Beds and baths
3 beds, 1 baths
Size
1,424 sq ft
Time on market
161 days
Year built
1933
Monthly payment
About $998/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $1,078 annual tax bill, insurance.
Flood zone
Zone AE
That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.
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