5456 NW 64th STREET, Ocala, FL, 34482 | $499,000

An incredible opportunity for multi-generational living or passive rental income! Situated just 5 miles from the World Equestrian Center in Ocala’s NW region, this lovely property has a fantastic location. Two residences are currently in-place: a 3-bedroom, 2-bath main home and a 2-bedroom, 1-bath secondary home. Together, the homes total over 4, 000 sqft of living space with plenty of opportunity to use the homes as a combination primary residence and a detached in-law house, guest house, or potential AirBnB space. Both homes are concrete block and share a well and backyard, but have individual electric and septic. The primary residence features multiple upgrades including a new septic, new roof, and new hot water heater. The kitchen has been fully updated as well with new cabinetry, stone countertops, stainless steel appliances, and pantry. The back of the home also offers a large screen-enclosed patio area which is perfect for enjoying a quiet morning coffee or simply taking in views of the backyard. The secondary residence is equally impressive with a full sized living area, a bonus room that could be used as an office, and a full kitchen. This property offers exceptional potential for those who want to accommodate guests nearby without sacrificing personal privacy, making it a true gem with endless opportunities for the right buyer!

Features

  • Rooms: 3
  • Bedrooms: 5
  • Baths: 3 full
  • Laundry: Inside
  • Year Built: 1983
  • Heating: Central, Heat Pump
  • Cooling: Central Air
  • Approx Sq. Feet: 4,110
  • Acreage: 0.48
  • Est. Taxes: $5,316
  • Lot Desc: In County
  • Appliances: Cooktop, Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Washer, Water Softener
  • MLS#: OM686833
  • Days on Market: 71 days
  • Website: https://www.raveis.com
    /prop/OM686833/5456nw64thstreet_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 12/26/2024 10:17:10 AM)
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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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5456 NW 64th STREET, Ocala, FL, 34482

$499,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $399,200 $399,200 $399,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.375% 7.125% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.474% 7.282% 6.412
Monthly Tax Payment $443 $443 $443
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,757 $2,689 $3,396
Total Monthly Payment $3,275 $3,207 $3,914

* 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.