5365 W HIGHWAY 40 at

5365 W HIGHWAY 40

For sale Days on market 5

$319,000

$170/sq ft

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Overview

Bedroom

Year Built

1985

Sqft

1872

Property Type

Duplex

Property Description

Under contract-accepting backup offers. Calling all seasoned investors or newbies looking to get into the rental business. This completely renovated duplex is just minutes from the World Equestrian Center (WEC) and close to downtown! It will make a perfect short term rental property as it is also right on Highway 40 and less than 2 miles from I-75. Don't let this homes age fool you, originally built in 1985, this property has been taken down to the studs and thoughtfully rebuilt with modern finishes and systems throughout. Each side offers a spacious 2 bedroom / 1 bath layout with an open-concept main living area, perfect for today’s lifestyle. Each unit features 2 nicely sized bedrooms that share a well-appointed bathroom.The units have abundant natural light and a functional flow. Major updates include a new roof, new HVAC systems (2023/2025), and new water heaters. Additionally, the septic has been recently pumped and an inspection report is available. All these features provide peace of mind for years to come. The new owner can start renting these properties on day one and see the cash flow immediately. This neighborhood is well known for the short term rentals and is especially popular during WEC's busy seasons and all local events. Situated on a popular road, the property boasts a large backyard and dedicated parking for two cars per unit, making it ideal for owner-occupants or investors alike. With its proximity to WEC and downtown, this duplex presents an excellent opportunity for all short-term rental potential (subject to local regulations). The furniture that is currently in the home is available for purchase outside of the contract..Making the units truly walk in ready. A rare, turnkey investment in a high-demand location—don’t miss this exceptional opportunity!

Property Details

MLS#

OM715540

Address

5365 HIGHWAY 40 W

City

Ocala

State/county

Zip/Postal Code

34482

Area

Ocala Rdg Un 01

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$3,068

Maint Fee

$--

Tax Year

2025

Microwave

Range

Refrigerator

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