5320 SW 87th PLACE, Ocala, FL, 34476 | $409,900

Nestled in the picturesque Majestic Oaks Subdivision in SW Ocala, this home 3/2 offers the perfect blend of convenience and luxury. You'll find yourself just moments away from shopping, hotels, dining options, and top-tier hospitals. This residence features a new HVAC system installed in 2020, a new roof in 2018, and a central vacuum system. The kitchen features stainless steel appliances and oak wood cabinetry. The laundry room/mudroom is strategically positioned between the garage and kitchen. The heart of this split floor plan home is its spacious open-concept living area, perfect for entertaining. With vaulted ceilings and triple sliders leading to the lanai and pool area, this space is filled with natural light and features beautiful engineered hardwood flooring. Step outside onto the covered lanai, where you'll find a beautiful pool, complete with an outdoor shower. Enjoy the utmost privacy in your fenced backyard oasis, which includes a renovated 12x13 workshop/studio with AC. The primary bedroom features glass sliders that overlook the pool, and an ensuite bathroom complete with a garden tub, shower, and separate vanities. The generously sized guest bedrooms give ample closet space, making them perfect for family or guests. The garage, which is under heat and AC, offers the potential for easy conversion. Newly interior painted doors, walls and baseboard (not painted, laundry and workshop) Master bathroom: rebuilt shower with new faucets, new plantation shutters. Kitchen: Refurbished backsplash, new quartz countertops, new faucets and sink, new top of the line appliances, smart LG, new glass doors. Throughout: new light features in entry, dinning and kitchen, pool deck and lanai refurbished and painted, new window coverings. Pool deck and lanai resurfaced and painted. All completed in 2024, Over $25, 000 invested. Don't hesitate, as this home won't stay on the market for long. Schedule your viewing today!

Features

  • Rooms: 9
  • Bedrooms: 3
  • Baths: 2 full
  • Lot Size: 113 x 128
  • Laundry: Laundry Room
  • Style: Florida
  • Year Built: 1994
  • Garage: 2-car
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 2,359
  • Acreage: 0.33
  • Lot Size: 113 x 128
  • Est. Taxes: $5,439
  • HOA Fee: $132 Annually
  • Pool: Auto Cleaner, Deck, In Ground, Lighting
  • Pet Policy: Cats OK, Dogs OK
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • MLS#: OM684179
  • Days on Market: 10 days
  • Website: https://www.raveis.com
    /prop/OM684179/5320sw87thplace_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 11/9/2024 12:27:30 AM)
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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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5320 SW 87th PLACE, Ocala, FL, 34476

$409,900

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 $327,920 $327,920 $327,920
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.875% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.551% 7.042% 6.160%
Monthly Tax Payment $453 $453 $453
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,182 $2,154 $2,765
Total Monthly Payment $2,710 $2,682 $3,293

* 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.