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2615 SW 87th Pl
Ocala, FL 34476

$485,000 heart
4 Bed
4.0 Bath
1800 ft2
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In Person or Live Video Tour with Seller
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3D Tour
Testing the waters. Do not go on the property without contacting owner first. There are security cameras. I will show it in early December when the left unit is vacant as I do not want to bother my renters, and if it doesn’t sell remove it from the market sometime in late December. Although this would appeal to investors the most, it would also appeal to a family who wants to live by their parents but not in the same home. So one side could be the parents and the other side would be the family. Or appeal to someone who needs a lot of space for their toys including large truck or RV. Or someone who wants to own a home but has rental income to offset the mortgage. So once this property is Refied with 3.5% interest rate, one side renting out could pay for the entire mortgage. Price FIRM. Don’t need to sell it but wouldn’t mind a 2nd place in St John’s County where I now spend more time. If you don’t agree with the price, do not contact me. Let’s not waste each other’s time. There is nothing I have found in the last 10 years to comp it to. Even realtors who appraised it vary by $150,000 on the price. I get about 2-3 offers per week from investors. Most duplexes are run down with slumlords and the new duplexes are in my price range but don’t have a nice yard nor are located in horse country. There is well over 15,000 hours invested in this house since I purchased it in 2011. Remodeling is not fun in Ocala. I will finish updating the left unit, with new tiles, paint and new water heater, in December, and it will be ready for sale. The right unit renters signed up till Jan 1 2026. The left is vacant as of now but I listed it for rent. If it doesn’t sell, I will keep it for life as a rental as it makes about $3200 per month, haven’t had any issues in the last 2 years since most of it is rebuilt, and I always get high quality renters who pay on time and never cause issues. There are not many good investments now due to high interest rates and an overbought stock market. There are no new builds in this area since it was built out 40 years ago. And the new build areas are too crowded and the lots are not big. Too much to list but everything has been redone on the inside. I treated this as a personal residence, since I lived there, and not a rental. Most flippers do the bare minimum to max profit and move on. Everything was done to this place that flippers wont do. There is nothing for the next owner to do. All I do is cut the lawn and trim the bushes sometimes. I did the first remodel in 2013 but wanted to redo the floors, trim, and other stuff so I redid it again in 2023 and 2024. Roof with metal for 50 years in 2016, HVACs 2021 Lennox, new windows and sliding glass doors, outlets and switches, cameras in the front and back. I got new digital washers with 5 year warranties in both units in 2024, and a new fridge, stove, and microwave for 2617 this year. Two hard to find Kohler Iron tubs in both units 2023. Left shed was repainted inside and right unit is finished – can be an office or man cave as it has power. Large driveway good for RV or 18 wheeler or large trailer. No HOA. 2 dogs runs to separate dogs left unattended and canopies with fans/lights on both sides. These details make it attractive for renters and home owners alike, and most rentals don’t have them. Plenty of trees and some fruit bearing. I was present with every contractor to make sure every job was done to a high standard. No cut corners. Contact me if you have any questions. Will update the ad later
Testing the waters. Do not go on the property without contacting owner first. There are security cameras. I will show it in early December when the left unit is vacant as I do not want to bother my renters, and if it doesn’t sell remove it from the market sometime in late December. Although this would appeal to investors the most, it would also appeal to a family who wants to live by their parents but not in the same home. So one side could be the parents and the other side would be the family. Or appeal to someone who needs a lot of space for their toys including large truck or RV. Or someone who wants to own a home but has rental income to offset the mortgage. So once this property is Refied with 3.5% interest rate, one side renting out could pay for the entire mortgage. Price FIRM. Don’t need to sell it but wouldn’t mind a 2nd place in St John’s County where I now spend more time. If you don’t agree with the price, do not contact me. Let’s not waste each other’s time. There is nothing I have found in the last 10 years to comp it to. Even realtors who appraised it vary by $150,000 on the price. I get about 2-3 offers per week from investors. Most duplexes are run down with slumlords and the new duplexes are in my price range but don’t have a nice yard nor are located in horse country. There is well over 15,000 hours invested in this house since I purchased it in 2011. Remodeling is not fun in Ocala. I will finish updating the left unit, with new tiles, paint and new water heater, in December, and it will be ready for sale. The right unit renters signed up till Jan 1 2026. The left is vacant as of now but I listed it for rent. If it doesn’t sell, I will keep it for life as a rental as it makes about $3200 per month, haven’t had any issues in the last 2 years since most of it is rebuilt, and I always get high quality renters who pay on time and never cause issues. There are not many good investments now due to high interest rates and an overbought stock market. There are no new builds in this area since it was built out 40 years ago. And the new build areas are too crowded and the lots are not big. Too much to list but everything has been redone on the inside. I treated this as a personal residence, since I lived there, and not a rental. Most flippers do the bare minimum to max profit and move on. Everything was done to this place that flippers wont do. There is nothing for the next owner to do. All I do is cut the lawn and trim the bushes sometimes. I did the first remodel in 2013 but wanted to redo the floors, trim, and other stuff so I redid it again in 2023 and 2024. Roof with metal for 50 years in 2016, HVACs 2021 Lennox, new windows and sliding glass doors, outlets and switches, cameras in the front and back. I got new digital washers with 5 year warranties in both units in 2024, and a new fridge, stove, and microwave for 2617 this year. Two hard to find Kohler Iron tubs in both units 2023. Left shed was repainted inside and right unit is finished – can be an office or man cave as it has power. Large driveway good for RV or 18 wheeler or large trailer. No HOA. 2 dogs runs to separate dogs left unattended and canopies with fans/lights on both sides. These details make it attractive for renters and home owners alike, and most rentals don’t have them. Plenty of trees and some fruit bearing. I was present with every contractor to make sure every job was done to a high standard. No cut corners. Contact me if you have any questions. Will update the ad later
Basic Details
Bedrooms
4
Bathrooms
4.0
Square Feet
1,800 ft2
Year Built
1984
Has HOA
No
Interior Details
Exterior Details