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About this home
5888 SE 164th Ave is a 1973-built home in Woods & Lakes, Ocklawaha. Inside you'll find 3 bedrooms, 1 bathrooms, and 920 square feet of living space. Listed at $119,000 (about $129/sqft), 79 days on market. Flood zone RF - confirm flood insurance requirements with your lender.
Discover an affordable property with strong investment potential. Whether you're looking to expand your rental portfolio, purchase a budget friendly investment, or have a temporary residence while rebuilding another home, this property offers flexibility and value. Many of the major improvements have already been completed, allowing the next owner to focus on cosmetic updates. Unlike many comparable properties, this home also includes a detached garage. Here is your opportunity to build equity. This 1973 double wide manufactured home offers 3 bedrooms, 1 bathroom, and 958 square feet of living space on a concrete block foundation. It is well maintained and suited for a full time residence, seasonal retreat, or investment property. Many of the major system updates have already been completed, including a metal roof, updated plumbing (2025), central heat pump and A/C with updated trunk lines (approximately 2021), well pump and pressure tank (2023), and a drain field replaced in 2014 and serviced in 2023. With these improvements already in place, you can focus on personalizing the home rather than major repairs. The interior was renovated in 2017 with new drywall, updated electrical, fresh paint, modern lighting, a recessed living room ceiling, and a remodeled kitchen featuring 25 solid wood cabinets, a center island, and abundant storage. The bathroom was updated with a fiberglass tub, high rise toilet, and additional storage. Flooring was replaced throughout with laminate, vinyl, tile, and carpet. The home also includes a 2023 glass top range and 2023 stacked washer and dryer. The third bedroom currently serves as a bedroom and laundry room, offering added flexibility. Outside are two screened porches, including a 10' x 18' front porch and a 10' x 20' rear porch. The detached one car garage includes both 120 and 240 volt electrical service, a removable utility room partition, two attached storage sheds, and an additional 8' x 10' storage building added in 2023 with a second washer and dryer hookup. All trees were professionally trimmed in 2024. The property fronts two quiet paved roads and includes community access to 45 acre Lake Placid, part of a scenic chain of lakes for boating, fishing, and kayaking. Located in the Ocala National Forest, you'll have access to nearly half a million acres of recreation, including Juniper Springs, Silver Glen Springs, Salt Springs, hundreds of lakes, two rivers, hiking, horseback riding, camping, boating, bass fishing, and ATV trails. Shopping and dining are approximately 10 minutes away, the local Moose Lodge is five minutes away, and Daytona Beach is about one hour away. With affordability, major updates already completed, investment potential, and access to some of Florida's best outdoor recreation, this property offers an excellent opportunity for homeowners and investors alike.
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The essentials
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Districts can re-zone, so verify directly with the district before relying on these.
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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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
$119,000
$129 per sq ft
Beds and baths
3 beds, 1 baths
Size
920 sq ft
Time on market
102 days
Year built
1973
Monthly payment
About $727/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $561 annual tax bill, insurance.
Flood zone
Zone RF
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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