Residential Property - Single Family Residence in Ocala
Listing Price: $50,000 (Mortgage Calculator →)
Description of Property
Opportunity property located at 3922 NE 16th Ct offering strong value for investors, builders, or buyers seeking a redevelopment project! The existing structure requires significant renovation or potential demolition and is being marketed primarily for the value of the land. Situated on a desirable residential lot, this property presents the chance to build new or create a custom residence in an established neighborhood. The lot provides a solid foundation for redevelopment and is well suited for a new construction home or long term investment. Surrounding properties reflect ongoing improvement and redevelopment activity, supporting future upside for the right buyer. This is an ideal purchase for contractors, developers, or investors looking for a project where the primary value lies in the land and location rather than the existing structure. Property is sold as is and buyers are encouraged to perform their own due diligence regarding renovation feasibility or new construction potential.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Ocala
County: Marion
Subdivision: Tanglewoods Unit 1
Bedrooms: 2
Bathrooms: 1
Sq. Ft. Gross: 822
Sq. Ft. Living Area: 630
Cost per (heated) sqare foot: $79
Year built: 1961
Annual Tax: $1,153
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: Refrigerator
Flooring: Laminate
Schools
Elementary School: Oakcrest Elementary School
Middle/Junior High School: Howard Middle School
High School: Vanguard High School
Pool & Waterfront Info
Private Pool: Not specified
Exterior & Construction
Construction: Wood Siding
Foundation: Pillar/Post/Pier
Roof: Metal
Exterior Features: None
Floors in Unit: One
Cooling: None
Heating & Fuel: None
Sewer: Septic Tank
Water Source: Well
Lot Information
Lot Size (acres): 0.22
Lot Size (sq. ft.): 9,583 square feet
Lot Dimensions: 70 x 135
Front Exposure: East
Legal Description & Other Information
Parcel Number: 1569900000
Zoning: R1
Tax Legal Desc.: SEC 33 TWP 14 RGE 22 COM 89-54-07 E 1306.40 FT & N 00-00-11 W 1826.86 FT FROM SW COR FOR POB THENCE S 89-55-06 W 135.94 FT TH N 00-00-11 W 70 FT TH N 89-55-06 E 135.94 FT TH S 00-00-11 E 70 FT TO POB TOGETHER WITH A 20 FT EASEMENT FOR INGRESS AND EGR ESS OVER AND ACROSS THE FOLLOWNG COM N 89-54-07 E 1326.40 FT AND N 00-00-11 W 1511.86 FT FROM SW COR OF SEC 33 THENCE S 89-54-07 W 155.91 FT N 105 FT E 155.91 FT S 105 FT TO POB & E 20 FT OF THE FOLLOWING: COM 1326.40 FT E AND 1406.86 FT N OF SW COR SEC 33 THENCE W 155.91 FT N 105 FT E 155.91 FT S 105 FT TO POB
Section: 33
Range: 22
Listing courtesy of MARK SPAIN REAL ESTATE. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.