$125,000
1301 NW MARTIN LUTHER KING JR Avenue, Ocala, FL 34475, Ocala, FL 34475
Westwood Park
- Price
- $125,000
- Beds / Baths
- 3 / 2
- Living area
- 1,610 sqft
- Year built
- 1958
- Type
- Residential
- Lot
- —
- Garage
- 1
- HOA
- None
- CDD
- No
- Flood zone
- Unknown
- County
- Marion
- Days on market
- 4
Welcome to a rare opportunity in Northwest Ocala! This solid concrete-block home offers 1610 sq ft of living space on a generous 0.34 acre lot, ready for your personal touch. With 3 bedrooms, 1½ baths, and an attached garage, it's the perfect canvas to create your dream residence or a savvy investment flip. Enjoy instant equity as you renovate. Whether you're a seasoned flipper or looking to customize a forever home, this property delivers space, structure, and location at an unbeatable price point. Just minutes from I-75, historic downtown, Ocala's dining and shopping districts, and top schools, you'll enjoy easy access to everything that makes Ocala one of Florida's most desirable communities. Roll up your sleeves or bring in your contractor and transform this home into the showplace you've been envisioning. Act now, opportunities like this don't last long!
What to check on this one
- Verify roof age and condition; 1958 home likely needs inspection within 5 years.
- Get 4-point inspection (roof, HVAC, plumbing, electrical) — standard for pre-1980 Marion County homes.
- Confirm plumbing material; cast-iron or galvanized likely given 1958 build year.
- Obtain flood zone map via FEMA or Marion County — listing shows 'unknown'.
- Verify septic system function and last service records if not on municipal sewer.
- Request HVAC age and service history; cooling system critical in Central Florida.
Flagged from the listing itself — not an inspection, and no substitute for one. Bring these to the showing.
What this home really costs per month
Loan $100,000 at 6.75% · 30 yr
Not a loan quote. Rate, insurance, and tax are stated assumptions — a lender and an insurance agent give real numbers. Homestead exemption lowers taxes after you file.
Listing courtesy of WATSON REALTY CORP. Data via realMLS (Northeast Florida MLS), updated Aug 28, 2026, 7:39 PM.
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