13 days on rocket

514 SE 8th St, Ocala, FL, 34471

$599,900

Home List Price

$7,124*

Closing Credit

3 Bedrooms
3 Full Baths
1,916 SqFt
$313/SqFt
House
Schools Nearby

Location

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514 SE 8th St, Ocala$599,900

Buyer Closing Credits

$7,124*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Off Street
Garage2 spaces
Year Built1918
HeatingCentral, Natural Gas
CoolingCentral Air
FireplaceFamily Room, Living Room, Masonry, Wood Burning
MLS #OM676722
Lot Size0.21 Acres
StatusActive

About 514 SE 8th St

Welcome to this magnificent 3-bedroom home nestled in the heart of the historic district. This home exudes a cozy and comfortable ambiance with stunning crown moldings and all-original hardwood floors. Boasting 3 bedrooms and 3 bathrooms, the Primary Bedroom Suite is a grand retreat with a large en-suite bathroom featuring dual sinks. The large and spacious Living Room and Family Room both have beautiful wood-burning fireplaces, perfect for relaxing and entertaining. Additionally, this property is located in the highly sought-after 8th Street Elementary School zone. But that's not all, this home is also zoned R3, providing great investment potential and can be converted into an office space. Don't miss this opportunity to own a piece of history in this charming neighborhood! Room Feature: Linen Closet In Bath (Primary Bedroom).

Property Details

Property Features

Property Information:

  • Architectural Style: Key West, Victorian
  • Year Built: 1918
  • Stories: 2
  • Living Area: 1,916 SqFt

Listing Office:

  • Office Name: MAJESTIC OAKS REALTY
  • Listing Agent: Rowdy Houston

Interior Features

Interior Information:

  • Appliances: Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Freezer, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Washer
  • Flooring Type: Wood
  • Interior: Ceiling Fans(s), Crown Molding, PrimaryBedroom Upstairs, Solid Surface Counters, Solid Wood Cabinets, Thermostat
  • Fireplace: Family Room, Living Room, Masonry, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Other, Private Mailbox, Sidewalk, Storage

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Driveway, Off Street

Lot Features

Lot Information:

  • Lot: Cleared, Historic, City Lot, Level, Sidewalk, Paved
  • Lot Size: 0.21 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Forest High School, Public Magnet Grades 9-12
  • Osceola Middle School, Public District Grades 6-8
  • Eighth Street Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: turn off of Sw College Rd onto to Se Eighth St The property will be located approximately 0.3 Miles on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $599,900
  • Price Per SqFt: $313/SqFt

Tax Information:

  • Annual Amount: $1,833
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Ocala, FL.

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Ocala, FL

City

Med. Sold Price

$278.4K

Med. Price/SqFt

$173

Avg. Days On Market

66

# of Sold Homes

568

514 SE 8th St vs Ocala

13 DAYS ON ROCKET

-53 Days

$599,900

+$321.4K More

$313/SqFt

+$140 More

KEY TAKEAWAY

This property is $321.4K more than the Median Sold Price and $140/SqFt more than other homes in Ocala, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #OM676722

Listing Office:

  • Office Name: MAJESTIC OAKS REALTY
  • Listing Agent: Rowdy Houston

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 4/30/2024, 12:19:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 03, 2005Home Sold
$256,000
Jul 10, 2003Home Sold
$179,000
Feb 03, 2000Home Sold
$107,000
Dec 30, 1997Home Sold
$93,500

Tax History

YEARPROP. TAXASSESSMENT
2020$1,833$140,634
2018$1,726$134,909
2017$1,682$132,134

History based on county public records data.

Payment Calculator

$3,062

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,865

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3710134
8
/10

  • Eighth Street Elementary School

  • 513 SE 8th St

  • 0.05 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3710135
4
/10

  • Osceola Middle School

  • 526 SE Tuscawilla Ave

  • 0.20 miles

  • Public District Grades 6-8

High School

school-card-donut-3710136
5
/10

  • Forest High School

  • 5000 SE Maricamp Rd

  • 4.71 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $62,295. Typical income of Ocala, FL residents is between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 514 SE 8th St

What is the listing price of this property?

The listing price of 514 SE 8th St property is $599,900.

What type of property is this?

The property 514 SE 8th St is a house located in Ocala, Florida, 34471.

Is this property for sale now?

Active Listing: 514 SE 8th St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 514 SE 8th St are:
Eighth Street Elementary School: GreatSchools Rating 8/10
Osceola Middle School: GreatSchools Rating 4/10
Forest High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,833 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 3, 2005 for $256,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 514 SE 8th St has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 514 SE 8th St is 1,916 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 514 SE 8th St is 1918.

Rocket Homes›Florida›Marion County›Ocala›34471›514 SE 8th St

This home is located at 514 SE 8th St in Ocala, FL and zip code 34471 in the Magnolia Place neighborhood. This 1,916 square foot home, which was built in 1918, sits on a 0.21 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 16, 2024 and is currently priced at $599,900.

In March 2024, from all listings sold in Ocala, FL there were more than 75 sold above asking price, over 324 sold below and more than 169 were sold right at the asked price. The number of homes for sale in Ocala, FL increased by 2.4% between February 2024 and March 2024. In March 2024 median list price was $278,438 and the average listing age was 66 days.

From Rocket Homes Real Estate and based on county public records data.

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