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$141,600
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Property Description
Charming two bedroom one bath condo located right in the heart of Ocala! This spacious unit has a 2018 AC unit and a 2019 roof. It has spacious living areas and bedrooms, and is perfect for those looking to downsize. There's also a screened in patio to enjoy those beautiful Florida evenings. With its amenity fee that covers all the exterior and being located just minutes from downtown Ocala this is the perfect place for someone who truly loves convenience and lifestyle!
Full Property Details
Full Property Details for 3031 SE 5th Terrace #C
General
- Price: $141,600
- HOA FEE: $175/month
- Taxes: $1,707 (2023)
- Status: Active
- Type: Condo
- Source: MidFloridaRegionalMLS
- MLS ID: OM690374
- Updated: 10/15/2025
- Added to Site: 412 day(s) ago
Interior
- Number of Rooms: 3
- Interior Features: Ceiling Fan(s)
- Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Inside
Exterior
- Exterior Features: Rain Gutters, Sliding Doors
- Deck/Patio: Front Porch, Patio, Screened
- Porch/Patio/Deck: Front Porch, Patio, Screened
Location
- Area: 34471 - Ocala
- County: Marion
- Development Name: 34471 - Ocala
- Subdivision: SOUTHWOOD OAK CONDO
- Driving Directions: Head northeast on SE 31st St toward SE 5th Terrace 417 ft Turn left onto SE 5th Terrace 285 ft Turn right. Destination will be on the right
- Direction Faces: East
Community
- Community Name: 34471 - Ocala
- Community Features: None
- Association: Yes
- Assoc. Name: Southwood Oak Condo
- Assoc. Fees Include: Other
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected
Structural Information
- Exterior Const.: Block
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 940
- Sq. Ft. Source: Public Records
- Year Built: 1983
Lot Features
- Lot Size (Acres): 0.02
- Lot Size (Sq. Ft.): 984
- Lot Size: 984
- Street/Road Desc.: Paved
Financial Considerations
- Association Fee: $175
- Assoc Fee Freq.: Monthly
- Assoc Fee Desc.: Required
- Tax Amount: $1,707.99
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: SEC 29 TWP 15 RGE 22 SOUTHWOOD OAK CONDO UNIT 9-C
- Flood Zone Info: X
- APN: 3031309003
- Property ID: 3031309003
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Schools
Schools serving 3031 SE 5th Terrace #C
School District:Marion County School District
| Name | Grades | Distance |
|---|---|---|
South Ocala Elementary School 1430 Southeast 24th Road, Ocala, FL 34471 | PK-5 | 0.6 mi |
Osceola Middle School, Ocala, FL 526 Southeast Tuscawilla Avenue, Ocala, FL 34471 | 6-8 | 1.7 mi |
Forest High School 5000 Southeast Maricamp Road, Ocala, FL 34480 | 9-12 | 4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3031 SE 5th Terrace #C
Date
Details
Price
Change
Source
8/19/2025
Price Reduced
$141,600
-0.07%
MLS
7/29/2025
Price Reduced
$141,700
-0.21%
MLS
1/14/2025
Price Reduced
$142,000
-2.07%
MLS
11/29/2024
Listed
$145,000
107.14%
MLS
2/22/2019
Sold
$70,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3031 SE 5th Terrace #C
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,797
5%
$87,384
10%
2023
$1,708
16%
$79,440
-2%
2022
$1,467
-3%
$80,935
23%
2021
$1,520
—
$65,653
5%
2021
$1,520
47%
$62,767
25%
2019
$1,031
25%
$50,091
10%
2018
$828
4%
$45,537
5%
2017
$799
3%
$43,239
4%
2016
$776
3%
$41,514
4%
2015
$756
12%
$39,789
4%
2014
$678
5%
$38,359
6%
2013
$644
—
$36,158
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3031 SE 5th Terrace #C
3031 SE 5th Terrace #C, Ocala, FL 34471 (MLS# OM690374) is a Condo property with 2 bedrooms and 1 full bathroom. 3031 SE 5th Terrace #C is currently listed for $141,600 and was received on November 29, 2024. Want to learn more about 3031 SE 5th Terrace #C? Do you have questions about finding other Condo real estate for sale in Ocala? You can browse all Ocala real estate or contact a Coldwell Banker agent to request more information.

