Under contract-accepting backup offers. $$ IDEAL FOR INVESTORS, FLIPPERS, OR RENOVATION-MINDED BUYERS $$ Incredible opportunity in the highly desirable SW Ocala community of Timberwood! Situated on a fenced one-acre lot, this spacious 3-bedroom, 2-bath home offers outstanding potential for an investor, flipper, or buyer looking for a rewarding renovation project. The home features a foyer, formal dining room, eat-in kitchen with island, oversized family room with a beautiful solid brick fireplace, inside laundry room, two-car garage, Florida Room and screened rear porch. Water softener. Ample closet space. | NEWER 5 TON 14 SEER LENOX A/C IN 2023 | Mature landscaping and several outbuildings add to the appeal and versatility of this property. With its DESIRABLE location, generous lot size, and spacious floor plan, this property presents an excellent opportunity to add value and create something truly special. Timberwood is an established community with minimal HOA fees. All furnishings and remaining contents currently in the home are included with the sale. Property is being sold in its present condition. ** BRING YOUR VISION AND UNLOCK THE INCREDIBLE POTENTIAL THIS PROPERTY HAS ** THIS HOME IS IN NEED OF REPAIRS, UPDATING AND COSMETIC IMPROVEMENTS. Close proximity to Ocala Airport, Ocala Breeders Sales and The World Equestrian Center.
Accepting backups
$360,000
5279 SW 31ST STREET, OCALA, FL 34474
3beds
2,402sqft
Single Family Residence
Built in 1985
1 Acres Lot
$-- Zestimate®
$150/sqft
$9/mo HOA
What's special
Two-car garageGenerous lot sizeSeveral outbuildingsSpacious floor planFlorida roomFenced one-acre lotWater softener
- 25 days
- 732
- 55
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Cindy Foster 352-460-2260,
RE/MAX PREMIER REALTY 352-732-3222
Source: Stellar MLS,MLS#: OM731890
Originating MLS: Ocala - Marion
Originating MLS: Ocala - Marion
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Family Room, Florida Room, Dining Room, Utility Room
Primary bedroom
- Features: Walk-In Closet(s)
- Level: First
- Area: 320 Square Feet
- Dimensions: 20x16
Bedroom 2
- Features: Walk-In Closet(s)
- Level: First
Bedroom 3
- Features: Walk-In Closet(s)
- Level: First
Dining room
- Level: First
- Area: 152.68 Square Feet
- Dimensions: 11x13.88
Family room
- Level: First
- Area: 408 Square Feet
- Dimensions: 17x24
Kitchen
- Features: Kitchen Island
- Level: First
- Area: 288.96 Square Feet
- Dimensions: 13.76x21
Laundry
- Level: First
- Area: 80 Square Feet
- Dimensions: 5x16
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Washer
- Laundry: Laundry Room
Features
- Cathedral Ceiling(s), Ceiling Fan(s), Eating Space In Kitchen, Split Bedroom, Thermostat, Walk-In Closet(s)
- Flooring: Carpet, Ceramic Tile, Hardwood
- Has fireplace: Yes
- Fireplace features: Family Room
Interior area
- Total structure area: 3,868
- Total interior livable area: 2,402 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Garage Door Opener, Garage Faces Side
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Exterior features: Irrigation System, Rain Gutters, Sidewalk
- Fencing: Board,Chain Link,Wood
Lot
- Size: 1 Acres
- Dimensions: 175 x 250
Details
- Additional structures: Shed(s), Workshop
- Parcel number: 2384003005
- Zoning: A1
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick, Concrete
- Foundation: Slab
- Roof: Shingle
Condition
- Fixer
- New construction: No
- Year built: 1985
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Connected
Community & HOA
Community
- Security: Security System
- Pet fee: $0 monthly
- Subdivision: TIMBERWOOD ADD 02
HOA
- Has HOA: Yes
- HOA fee: $9 monthly
- HOA name: HOA MANAGER
- HOA phone: 352-209-4420
Location
- Region: Ocala
Financial & listing details
- Price per square foot: $150/sqft
- Tax assessed value: $331,399
- Annual tax amount: $5,601
- Date on market: 9/9/2026
- Cumulative days on market: 25 days
- Listing terms: Cash
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/9/2026 | Listed for sale | $360,000+166.7%$150/sqft |
Source:  Stellar MLS #OM731890 Report a problem | ||
| 10/26/2002 | Sold | $135,000$56/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,602 +5.9% | $331,399 +3.8% |
| 2024 | $5,292 -3.4% | $319,181 +4.5% |
| 2023 | $5,479 +14.3% | $305,576 +10% |
| 2022 | $4,794 +7.8% | $277,796 +10% |
| 2021 | $4,445 +7.7% | $252,542 +9.1% |
| 2020 | $4,128 +3.9% | $231,394 +7.7% |
| 2019 | $3,974 | $214,855 +10% |
| 2018 | $3,974 +7.9% | $195,323 +0.2% |
| 2017 | $3,681 +5.9% | $195,026 +4% |
| 2016 | $3,477 | $187,450 +6.5% |
| 2015 | $3,477 +10.1% | $176,004 +10% |
| 2014 | $3,159 +13.8% | $160,004 +10% |
| 2013 | $2,776 +1.8% | $145,458 +1.8% |
| 2012 | $2,726 +4.1% | $142,880 -5.3% |
| 2011 | $2,618 -8.5% | $150,935 -9% |
| 2010 | $2,861 -16.8% | $165,945 -20.7% |
| 2009 | $3,440 -13.2% | $209,298 -15.8% |
| 2008 | $3,962 -18.1% | $248,520 -18.7% |
| 2007 | $4,835 +22.1% | $305,731 +37.3% |
| 2006 | $3,961 +28.1% | $222,741 +22.4% |
| 2005 | $3,091 | $182,028 +14.7% |
| 2004 | $3,091 +55.5% | $158,692 +39.6% |
| 2002 | $1,988 +7.6% | $113,671 +4.6% |
| 2001 | $1,847 | $108,623 |
| 2000 | $1,847 | $108,623 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 34474
Nearby schools
Schools provided by the listing agent
- Elementary: Saddlewood Elementary School
- Middle: Liberty Middle School
- High: West Port High School
Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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