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$290,000 Just Listed
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Property Description
Welcome to this beautifully fully renovated home in Ocala, offering the perfect blend of modern upgrades, land, and investment potential. Situated on a spacious 1.17-acre lot, this property provides privacy, flexibility, and endless possibilities. The home features 4 bedrooms, 2 bathrooms, and approximately 1,700sq ft of living space, completely updated with new flooring, fresh interior paint, and brand-new appliances. Major systems have also been upgraded, including a new roof, new AC system, and new water heater, providing peace of mind for years to come. One of the most unique features of this property is the expansive 1.17-acre lot, which may offer the potential to subdivide and sell part of the land, build a second home, or create additional investment opportunities. With plenty of space, the property is also perfect for outdoor living, gardening, recreation, or raising small animals, allowing you to enjoy the peaceful lifestyle Ocala is known for. Conveniently located just minutes from Ocala International Airport and only 5 minutes from the World Equestrian Center, the largest equestrian venue in the United States. This prime location provides easy access to shopping, dining, and major roadways while still offering the privacy and space of country-style living. This is a rare opportunity to own a fully renovated home with acreage and incredible future potential.
Full Property Details
Full Property Details for 421 SW 137th Ave
General
- Price: $290,000
- Taxes: $2,501 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: O6390649
- Updated: 3/16/2026
- Added to Site: 3 day(s) ago
Rental Information
- Min. Lease: 8-12 Months
Interior
- Number of Rooms: 6
- Interior Features: Built-in Features
- Appliances: Convection Oven, Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
- Furnishings: Unfurnished
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Laundry Room
Exterior
- Exterior Features: Courtyard
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
Location
- Area: 34481 - Ocala
- County: Marion
- Development Name: 34481 - Ocala
- Subdivision: RAINBOW PARK UN 08
- Driving Directions: Head Towards Ocala, FL Via Your Nearest Major Highway. 2. Merge Onto I-75 And Take Exit 350 For FL-200 Toward Ocala. 3. Turn Onto FL-200 SW College Road , Heading West. 4. Continue On FL-200 For About 12 Miles. 5. Turn Left Onto SW 137 Th Ave . 6. Drive Approximately 1 Mile; The Destination Will Be On The Left.
- Direction Faces: North
School Information
- Elementary School: Dunnellon Elementary School
- Middle School: Dunnellon Middle School
- High School: Dunnellon High School
Community
- Community Name: 34481 - Ocala
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: Well
- Utility Description: Electricity Available, Water Available
Structural Information
- Exterior Const.: Vinyl Siding
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 1,700
- Sq. Ft. Source: Owner
- Year Built: 1979
Lot Features
- Lot Size (Acres): 1.17
- Lot Size (Sq. Ft.): 50,965
- Lot Size: 1.17
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $2,501
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: SEC 18 TWP 15 RGE 20 PLAT BOOK K PAGE 025 RAINBOW PARK UNIT 8 BLK 50 LOTS 33.34
- Flood Zone Info: X
- APN: 2008050033
- Property ID: 2008050033
- Block/Lot/Section: 50
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Schools
Schools serving 421 SW 137th Ave
School District:Marion County School District
| Name | Grades | Distance |
|---|---|---|
Dunnellon Elementary School 10235 Southwest 180th Avenue Road, Dunnellon, FL 34432 | PK-5 | 8.7 mi |
Dunnellon Middle School 21005 Chestnut Street, Dunnellon, FL 34431 | 6-8 | 11.7 mi |
Dunnellon High School 10055 Southwest 180th Avenue Road, Dunnellon, FL 34432 | 9-12 | 8.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 421 SW 137th Ave
Date
Details
Price
Change
Source
3/16/2026
Listed
$290,000
286.67%
MLS
3/14/2025
Sold
$75,000
—
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 421 SW 137th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,501
7%
$129,409
—
2024
$2,333
9%
$128,891
10%
2023
$2,149
6%
$117,174
8%
2022
$2,027
269%
$108,835
171%
2021
$550
—
$40,094
1%
2021
$550
4%
$39,540
2%
2019
$530
5%
$38,651
2%
2018
$504
2%
$37,930
2%
2017
$492
7%
$37,150
2%
2016
$461
2%
$36,386
1%
2015
$453
3%
$36,133
1%
2014
$439
1%
$35,846
—
2013
$436
—
$35,753
—
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 421 SW 137th Ave
421 SW 137th Avenue, Ocala, FL 34481 (MLS# O6390649) is a Single Family property with 4 bedrooms and 2 full bathrooms. 421 SW 137th Avenue is currently listed for $290,000 and was received on March 16, 2026. Want to learn more about 421 SW 137th Avenue? Do you have questions about finding other Single Family real estate for sale in Ocala? You can browse all Ocala real estate or contact a Coldwell Banker agent to request more information.

