2323 SE 5th STREET, Ocala, FL, 34471 | $1,250,000

Under contract-accepting backup offers. Welcome to this mid-century modern masterpiece located in Ocala, Florida - the Horse Capital of the World! Upon entering this unique pool home you will immediately notice that architect Angus Andre McRae provided wonderful locations throughout the home for displaying artwork - a key component for original owners Jack and Dorothy Clark who were founding members of Fine Arts For Ocala. The design includes strategically placed windows and glass walls which flood the home with natural light and provide incredible connectivity with the outdoors. The redesigned kitchen is in keeping with the original vision of how the home should function and facilitate entertaining. The original fireplace has been paired with new custom walnut cabinetry and a large kitchen island overlooking the private and lush backyard. This unique space brings together friends and family during all seasons - for food tastings during summertime pool gatherings or cozy wintertime fireside chats. The backyard oasis includes an expansive pool complete with a water feature and spacious pool deck - perfect for large celebrations. You'll even find a practice pickleball court tucked away in the SE corner of the backyard. The home also includes a gathering / entertainment room - a perfect location to watch a ballgame, enjoy a friendly game of poker, host a book club meeting, or family game night. The gathering room includes custom cabinetry, full size fridge, wine fridge, ice maker, and dishwasher. French doors connect this versatile space to a lovely brick courtyard. This 3 bedroom, 3. 5 bath home includes an office / bonus room complete with a second fireplace that also works well as a nursery, hobby room, or studio space. At the end of a long day you'll love retreating to the primary suite with it's expansive dressing room and spa style, garden bathroom. Here you will find a inviting shower overlooking a koi pond and orchid wall with waterfall feature. The main home totals 4, 144 sq. ft. under heat and air, PLUS you'll love the additional 1, 073 sq. ft. finished basement which is perfect for gym activities, a future wine cellar, cigar room, or theatre room and offers considerable storage options. There is also a recently renovated 560 sq. ft. 1 bedroom, 1 bath garage apartment with a private entrance, laundry, and HVAC system. This home is located within the coveted golf-cart friendly, Woodfields neighborhood in Downtown Ocala and just a short golf cart ride to the historic downtown square with award winning restaurants, boutiques, multiple parks, and weekly farm market. Plus this home is only 10. 5 miles to the World Equestrian Center. A Video Tour and extensive list of updates to this home is available. Roof 2024. HVAC Units: 2018, 2016, and 2013.

Features

  • Rooms: 9
  • Bedrooms: 3
  • Baths: 3 full / 1 half
  • Lot Size: 110 x 206
  • Laundry: Inside, Laundry Room
  • Style: Mid-Century Modern
  • Year Built: 1973
  • Garage: 3-car Driveway, Garage Door Opener, Garage Faces Side, Golf Cart Garage, Guest, Oversized, Workshop in Garage
  • Heating: Central, Electric, Heat Pump
  • Cooling: Central Air
  • Approx Sq. Feet: 4,144
  • Acreage: 0.52
  • Lot Size: 110 x 206
  • Est. Taxes: $12,063
  • Lot Desc: City Lot, Landscaped, Level, Oversized Lot, Street Dead-End
  • View: Trees/Woods
  • Elem. School: Eighth Street Elem. School
  • Middle School: Osceola Middle School
  • High School: Forest High School
  • Pool: Gunite, In Ground, Lighting, Salt Water
  • Appliances: Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer, Wine Refrigerator
  • MLS#: OM684796
  • Days on Market: 107 days
  • Website: https://www.raveis.com
    /eprop/OM684796/2323se5thstreet_ocala_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 12/22/2024 8:32:09 AM)
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2323 SE 5th STREET, Ocala, FL, 34471

$1,250,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,000,000 $1,000,000 $1,000,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.620% 6.735% 6.806%
Monthly Tax Payment $1,005 $1,005 $1,005
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,486 $6,403 $8,780
Total Monthly Payment $7,616 $7,533 $9,910

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.