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3690 Nw 56th Avenue
Ocala, FL 34482
$549,000
Conventional
Property
Bedroom
2
Bathroom
3
Property Type
Conventional
Square ft
2755
Property Description
Situated on an oversized quarter-acre lot within the gated 55+ section of Ocala Preserve, this inviting home is highly accessible to NW Ocala’s many opportunities! Resting at the end of a quiet cul-de-sac, the home features ample curb-appeal thanks to a brick driveway, tasteful landscaping, and a gated front patio. Offering a total of 2-bedrooms and 2.5-baths with over 2,700 sq.ft, the home is defined by large, open spaces and an inviting atmosphere. The interiors feature an open, split-bedroom floor plan with crown molding and large windows throughout for abundant natural light. Wood-look tile and thoughtful paint choices run throughout the home, making the interiors warm and welcoming. For those who enjoy entertaining, this home is perfectly designed for it! The main living area is incredibly spacious and comes equipped with a built-in wet-bar with wine cooler and cabinets with under-cabinet lighting. Overlooking the living area is the stunning kitchen, which provides abundant cabinet and counter space, tiled backsplash, stainless steel appliances, and a large center island with breakfast bar, gas range, and custom stainless steel vent hood. A formal dining area rounds out the main space, offering an easy layout that keeps conversation flowing. Both bedrooms in the home are master suites, which offer large layouts, walk-in closets, and their own private en-suites. The larger of the two suites is extra special, with tray ceiling accents, a full shelving system in the closet, and a larger en-suite with dual sinks, built-in vanity space, and a huge shower with built-in seating and stone-look flooring. A flex space rests just off of the secondary suite, providing the potential for use as an artist studio, an in-law suite, or even potential conversion to a third bedroom. In fact, there is ample opportunity to convert the home into a 3-bedroom in multiple ways if desired– several spaces in the home could serve as the starting point of a third bedroom conversion without sacrificing the integrity of the main spaces. For those looking to enjoy the year-round sunshine, this home is a true gem! A large Florida room provides plenty of natural light, with tall cathedral ceilings that feature a painted wood finish. The back and side yards are accessible through a set of sliding glass doors and provides a large covered area with ceiling fan that is perfect for seating, an expansive paver patio, and built-in fire pit that makes entertaining a breeze. Fully fenced, the backyard is also the perfect space for four-legged companions to explore safely. Ocala Preserve is a stunning community loaded with amenities that include a club-house with restaurant and fitness center, community pool, golf course, and much more! The World Equestrian Center is just minutes away, as are a variety of shopping, dining, entertainment, and medical options! If you’re dreaming of a quiet place to take advantage of all that Ocala has to offer, this home is a stunning option that is a true must-see!
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2016
MLS Number
OM657891
Location
Address
3690 NW 56TH AVENUE
City
OCALA
State
FL
Zip Code
34482
County
MARION (NORTH)
Listing
Provider
Showcase Properties of Central Florida, original listing
Name
Showcase Properties of Central Florida
Phone
(352) 351-4718
Office Name
SHOWCASE PROPERTIES OF CENTRAL
Office Phone
(352) 351-4718
Agent Name
Kathy Prater

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HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.