2620 SE 22nd Ave Ocala, FL 34471

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3 beds · 4 baths · 3,592 sq ft · Lot Size: 20,473 sq ft · Single Family Home
Est. Property Value: $676,242

Valued above Market MedianOwner Age Above 75

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2620 SE 22nd Ave is in the 34471 neighborhood of Ocala, FL. It is located in Marion County and ZIP code 34471. This Single Family Home was built in 1999 and is approximately 26 years old. The single family home spans 3592 sq ft with 3 bedrooms and 4 bathrooms and sits on a 20473 sq ft lot. According to public records, it was sold for $55,000 and has a tax-assessed value of $588,995, which is $188 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 2620 SE 22nd Ave Ocala, FL 34471 with Property Intel by Whitepages.

Investment Potential for 2620 SE 22nd Ave

The property has a current estimated value of $676,242, which is 107% above the zip median, based on public records. It last sold for $55,000. Projected long-term
is $42,000 annually ($3,500 per month) with a 86% occupancy rate.

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Long-Term

Gross Rental
$42,000 per year($3,500 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
86%in 34471 zip code
 
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Owners & Occupancy for 2620 SE 22nd Ave

This property is owned by Joseph E Sholes. Owner contact information includes 6 phone numbers and 5 email addresses.

Property Owners

OccupationBusiness Owner, Independent Consultant
Cell Phone(352) ***-****View Cell Phone
Residence*********
Landline(606) 387-5788
Distance from Property**********
Email Address********@aol.comView Email

Cell Phone(352) ***-****View Cell Phone
Residence*********
Landline(606) 387-5788
Distance from Property**********
Email Address****************@hotmail.comView Email
View All Owner Info

Property Ownership Information

Property Tax Amount$6,108 in 2024
Purchase Price$55,000

Occupancy

Current Occupancy*****View Occupancy
Resident 1******************* age 73
Resident 2*************** age 76

Property Details for 2620 SE 22nd Ave

Property Details

Property Sq Ft

Living Area

3,592 sq ft

99% above market

Lot Size

20,473 sq ft

34% above market

Price Per Sq Ft

Living Area

$188 / sq ft

5% above market

Lot Size Area

$33 / sq ft

61% above market

Property condition, age, exterior, etc. for 2620 SE 22…
Longitude: -82.108519 Latitude: 29.160977 Parcel Number (APN): 2992-002-009…
Mortgage originated on through lender: Citizens First Bk for$******View Mortgage Details

Recommended Properties in 34471

Discover more single family homes near 2620 SE 22nd Ave in Ocala, Florida. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 2620 SE 22nd Ave in Marion County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$676,242
$349,875
$326,367 (93%)
$*******
$447,083
$685,151 (153%)
YoY Price Change
—
—
—
Year Built
1999
1990
9 years
Living Space
3,592 sq ft
1,630 sq ft
1962 (120%)
$ Per Living Sq Ft
$188
$213
-$25 (-12%)
Lot Size
20,473 sq ft
9,599 sq ft
10874 (113%)
$ Per Lot Sq Ft
$33
$38
-$5 (-12%)

Net Operating Income
$*****
$19,792
$5,575 (28%)
Annual Revenue
$42,000
$29,400
$12,600 (43%)
$*****
$9,768
$6,865 (70%)
Net Operating Income
$*****
$19,792
$5,575 (28%)
Cap Rate
****%
5.75%
—
View Zip code Data
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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