5401 SW 88th PLACE, Ocala, FL, 34476 | $369,900

Motivated Seller! Price Improvement! Welcome to this charming home located in established and desirable neighborhood close to schools, shopping, restaurants and medical facilities. This home offers a welcoming open patio entrance with double doors leading into a spacious foyer with a coat closet. The heart of the home is the modern kitchen which features granite countertops, ample cabinetry, and newer stainless appliances (frig, stove and dishwasher approx 3 yrs old). A cozy nook with bay windows faces out to the pool area creating a serene view as you enjoy meals. There is also a breakfast bar with enough room for a couple of stools so you can chat with the cook during meal prep! The open, split floor plan offers a dining room and living room, primary suite on one side of the house and two beds and bath on opposite side of house. The focal point of the living room is the stone gas fireplace. A built in entertainment area makes it convenient for TV, stereo or video games. You'll love the crown molding and plant shelves, giving the space an elegant touch. The triple sliders lead from the living room to the back covered patio - a nice place to hang out and watch the game or just chill with friends. The primary suite is a true retreat! Features large bedroom space with sliders to patio/pool, TWO walk in closets and a luxurious en suite with garden tub and walk in shower. The newly screened pool enclosure (approx 5 months ago) offers an enjoyable setting for floating the day away. There is also and outdoor shower area. Recent upgrades include the following: 2016 range was converted from electric to propane. Propane services the fire place and the outdoor grill as well. Pot filler faucet over the stove, tankless water heater, solar pool heat 2018, roof 2023, HVAC 2012, split AC unit in garage 2015. The two car garage offers the AC unit and a 1/2 bath for convenience. This home offers a lot of space and a lot of upgrades! Schedule your tour today!

Features

  • Rooms: 4
  • Bedrooms: 3
  • Baths: 2 full / 1 half
  • Laundry: Laundry Room
  • Year Built: 1998
  • Garage: 2-car
  • Heating: Central, Electric, Heat Pump
  • Cooling: Central Air
  • Approx Sq. Feet: 2,268
  • Acreage: 0.26
  • Est. Taxes: $2,971
  • HOA Fee: $136 Annually
  • Elem. School: Hammett Bowen Jr. Elementary
  • Middle School: Liberty Middle School
  • High School: West Port High School
  • Pool: Heated, In Ground
  • Pet Policy: Yes
  • Appliances: Dishwasher, Range, Range Hood, Refrigerator
  • MLS#: OM688187
  • Days on Market: 60 days
  • Website: https://www.raveis.com
    /prop/OM688187/5401sw88thplace_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 12/24/2024 11:43:40 PM)
Listing courtesy of BERKSHIRE HATHAWAY HS FLORIDA   Phone: 352-622-9700

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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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5401 SW 88th PLACE, Ocala, FL, 34476

$369,900

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 $295,920 $295,920 $295,920
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 $248 $248 $248
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,044 $1,994 $2,517
Total Monthly Payment $2,367 $2,317 $2,840

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.