Address
2507 N Magnolia Avenue, OCALA, FL
Price
$ 159,000
Property Attributes
  • MLS#G5111930
  • TypeSingle Family
  • Listing Status Active
  • CountyMarion
  • CityOCALA
  • AreaOcala
  • NeighborhoodMARIMERE
  • Zip34475
  • StyleSingle Family Residence
  • Year Built1933
  • Taxes$ 1077
  • Price$ 159,000
  • Bedrooms3
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage1424
  • Lot Size0.24 Acres
Data Source:
Stellar MLS
Property Description

Located in the North Magnolia district of Ocala, 2507 N Magnolia Ave presents a prime opportunity for investors seeking their next project. This property offers flexibility to either renovate the existing structure or start fresh with a complete tear-down, making it ideal for a custom build or business venture. Positioned near Dunkin' and Toms Park, the location benefits from steady traffic and local visibility. The owner is highly motivated and open to negotiations, even offering to clear the lot to suit your development plans. Whether you're looking to redevelop or invest, this property sits in a growing area with strong potential.

Price History
5/4/2026 Listed $189,000
8/9/2026 16$159,000

General Features

Sewer Public Sewer
Heating None
Cooling None
Utilities Public
Roof Metal
Appliances None
Zoning B4
Construction Materials Wood Frame
Year Built 1933
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
County Marion
New Construction false
Property Type Residential
Subdivision Name MARIMERE
Facing Direction North
Garage Y/N false
Total Rooms 3
Full Baths 1
Status Active
Directions Start in downtown Ocala (near the square). Head north on N Magnolia Ave (US-441). Continue straight for about 2–3 miles. Pass intersections like NE 14th St and NE 24th St. The property at 2507 N Magnolia Ave will be on your right-hand side.
City OCALA
Senior Community Y/N false
MLS Area 34475 - Ocala
Lot Size Units Square Feet
Lot Size Square Feet 10454
Carport Y/N false
Listing Terms Cash,Conventional,FHA
Land Lease Y/N false
Tax Annual Amount 1077.63
Property Condition Fixer
Additional Parcels Y/N false
Lease Considered Y/N true
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Tax Lot 43
Legal Description SEC 06 TWP 15 RGE 22 PLAT BOOK C PAGE 029 MARIMERE BLK B LOTS 43.44 45 & SELY 10 FT OF LOT 46
Minimum Lease No Minimum
Water Access Y/N false
Water View Y/N false
Flood Zone Code AE
In Law Suite YN false

Interior Features

Interior Amenities Ninguno
Flooring Other
Furnished Y/N Unfurnished
Total Stories 1
Air Conditioning Y/N false
Heating Y/N false
Fireplace Y/N false
Laundry Features Other
Total Bedrooms 3
LivingAreaSource Public Records
Total Baths 1

Exterior Features

Exterior Amenities None
Water Source Public
Lot Size Area 10454
Foundation Details Block
Building Area Total 1424
Lot Size Acres 0.24
Road Surface Type Asphalt
Private Pool false
Waterfront Y/N false

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 34475

Price
AVG $400K
$160K
Taxes
AVG $2,684
$1,077
Year Built
AVG 2003
1933