Overview
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About this home
3800 SE 17th CT is a 1981-built home in Citrus Park, Ocala. Inside you'll find 8 bedrooms, 4 bathrooms, and 3,233 square feet of living space. Listed at $525,000 (about $162/sqft), 51 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
This turnkey four-unit investment property located in Southeast Ocala offers immediate rental income and a strong cash-flow potential. Located on a 0.35-acre lot, the property features all occupied units, giving the next owner a chance to increase income quickly. Units A and D were recently renovated, which included an interior paintjob, kitchen and bathroom repairs, and some fixtures replacement, adding a fresh appeal for current and future tenants. Once all four units are leased, projected rental income is approximately $5,000 monthly. With existing tenants in place, two recently renovated units, and one additional unit available for immediate rental, this fourplex is an excellent opportunity for an investor seeking a turnkey multifamily property with room to increase cash flow.
The essentials
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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
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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
$525,000
$162 per sq ft
Beds and baths
8 beds, 4 baths
Size
3,233 sq ft
Time on market
56 days
Year built
1981
Monthly payment
About $3,622/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $7,462 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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