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$360,000 Just Listed
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Property Description
$$ IDEAL FOR INVESTORS, FLIPPERS, OR RENOVATION-MINDED BUYERS $$ Incredible opportunity in the highly desirable SW Ocala community of Timberwood! Situated on a fenced one-acre lot, this spacious 3-bedroom, 2-bath home offers outstanding potential for an investor, flipper, or buyer looking for a rewarding renovation project. The home features a foyer, formal dining room, eat-in kitchen with island, oversized family room with a beautiful solid brick fireplace, inside laundry room, two-car garage, Florida Room and screened rear porch. Ample closet space. | NEWER 5 TON 14 SEER LENOX A/C IN 2023 | Mature landscaping and several outbuildings add to the appeal and versatility of this property. With its DESIRABLE location, generous lot size, and spacious floor plan, this property presents an excellent opportunity to add value and create something truly special. Timberwood is an established community with minimal HOA fees. All furnishings and remaining contents currently in the home are included with the sale. Property is being sold in its present condition. ** BRING YOUR VISION AND UNLOCK THE INCREDIBLE POTENTIAL THIS PROPERTY HAS ** THIS HOME IS IN NEED OF REPAIRS, UPDATING AND COSMETIC IMPROVEMENTS. Close proximity to Ocala Airport, Ocala Breeders Sales and The World Equestrian Center.
Full Property Details
Full Property Details for 5279 SW 31st St
General
- Price: $360,000
- HOA FEE: $9/month
- HOA FEE FREQ.: Annually
- Taxes: $5,601 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: OM731890
- Updated: 9/10/2026
- Added to Site: 1 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 7
- Interior Features: Cathedral Ceiling(s), Ceiling Fan(s), Eating Space In Kitchen, Split Bedroom, Thermostat, Walk-In Closet(s)
- Fireplace: Yes
- Fireplace(s): Family Room
- Appliances: Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Washer
- Furnishings: Partially
- Flooring: Carpet, Ceramic Tile, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Laundry Room
Additional Information
- Security/Safety: Security System
Exterior
- Exterior Features: Irrigation System, Rain Gutters, Sidewalk
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Driveway, Garage Door Opener, Garage Faces Side
Location
- Area: 34474 - Ocala
- County: Marion
- Development Name: 34474 - Ocala
- Subdivision: TIMBERWOOD ADD 02
- Driving Directions: Head West on SW 38th Street (behind Fore Ranch development). TR on SW 54 Court. Go to end of street. TR onto SW 31 St. Home will be on the left.
- Direction Faces: South
School Information
- Elementary School: Saddlewood Elementary School
- Middle School: Liberty Middle School
- High School: West Port High School
Community
- Community Name: 34474 - Ocala
- Association: Yes
- Assoc. Name: HOA MANAGER
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Sewer: Septic Tank
- Water: Well
- Utility Description: Electricity Connected
Structural Information
- Exterior Const.: Brick, Concrete
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 2,402
- Sq. Ft. Source: Public Records
- Year Built: 1985
Additional Structures
- Other Structures: Shed(s), Workshop
Lot Features
- Lot Size (Acres): 1
- Lot Size (Sq. Ft.): 43,560
- Lot Size: 1
- Lot Dimensions: 175 x 250
- Street/Road Desc.: Paved
- Fencing (Description): Board, Chain Link, Wood
Financial Considerations
- Association Fee: $108
- Assoc Fee Freq.: Annually
- Assoc Fee Desc.: Required
- Tax Amount: $5,601.97
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: SEC 28 TWP 15 RGE 21 PLAT BOOK U PAGE 068 TIMBERWOOD 2ND ADD BLK C LOT 5
- Flood Zone Info: X
- APN: 2384003005
- Property ID: 2384003005
- Block/Lot/Section: C
Listed by Re/Max Premier Realty
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Schools
Schools serving 5279 SW 31st St
School District:Marion County School District
| Name | Grades | Distance |
|---|---|---|
Saddlewood Elementary School 3700 Southwest 43rd Court, Ocala, FL 34474 | PK-5 | 0.9 mi |
Liberty Middle School, Ocala, FL 4773 Southwest 95th Street, Ocala, FL 34476 | 6-8 | 4.9 mi |
West Port High School 3733 Southwest 80th Avenue, Ocala, FL 34481 | 9-12 | 2.6 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 5279 SW 31st St
Date
Details
Price
Change
Source
9/09/2026
Listed
$360,000
166.67%
MLS
10/26/2002
Sold
$135,000
—
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 5279 SW 31st St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,602
6%
$331,399
4%
2024
$5,292
-3%
$319,181
4%
2023
$5,479
14%
$305,576
5%
2022
$4,794
8%
$291,387
15%
2021
$4,445
—
$252,542
9%
2021
$4,445
12%
$231,394
8%
2019
$3,974
8%
$214,855
10%
2018
$3,677
—
$195,323
—
2017
$3,681
3%
$195,026
4%
2016
$3,581
3%
$187,450
7%
2015
$3,477
10%
$176,004
10%
2014
$3,159
14%
$160,004
10%
2013
$2,776
—
$145,458
—
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 5279 SW 31st St
5279 SW 31st Street, Ocala, FL 34474 (MLS# OM731890) is a Single Family property with 3 bedrooms and 2 full bathrooms. 5279 SW 31st Street is currently listed for $360,000 and was received on September 09, 2026. Want to learn more about 5279 SW 31st Street? 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.

