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8779 SE 89th Pl, Ocala, FL, 34472

2beds
1baths
900sqft
$148,000
$164price/sqft
$1,136/moest. monthly cost
$45,440/yrincome needed

About This Home

Opportunity is knocking in Ocala, and for the investor who knows a smart move when they see one, 8779 SE 89th Place deserves a serious look. This single-family residence offers the kind of built-in advantage that can be hard to find in today’s market: it is already leased with long-standing tenants in place, creating an appealing path toward immediate income and consistent profitability. For investors looking to skip the uncertainty that often comes with vacancy, marketing, tenant placement, and the usual startup costs of turning a property into a performing asset, this home brings a major head start. The lease structure already in place gives this opportunity real-world value from day one. Instead of buying potential and then waiting for results, this is a chance to step into a property with an established rental foundation already working in your favor. That is what makes this home such a standout find. Long-standing tenants can often signal stability, reliability, and an ongoing pattern of occupancy that investors love to see. In a world where predictable returns matter, a property with consistent rental performance can be the kind of asset that strengthens a portfolio and supports long-term wealth-building goals. Located in Ocala, an area that continues to attract attention for its growth, affordability, and steady housing demand, this property is positioned in a market that remains appealing to both homeowners and investors alike. Whether the goal is to expand an existing portfolio, secure a turnkey rental opportunity, or make a strategic acquisition in a growing Florida market, this home checks an important box: income-producing appeal with less guesswork. Single-family rental properties continue to hold strong appeal because they often attract long-term residents and can offer a more stable ownership experience than other investment types. When that opportunity is paired with an already leased home and long-standing tenants, it becomes even more attractive for buyers focused on performance, efficiency, and dependable value. 8779 SE 89th Place is more than just another listing. It is a practical and potentially profitable opportunity for the investor who understands the power of buying smart. This is the kind of property that can make sense on paper and feel right in practice. Stable, established, and already moving in the right direction, it offers the kind of momentum that is difficult to create overnight. In today’s market, finding a property that offers both simplicity and income potential is a win. This home gives investors the chance to take over an asset with an existing rental dynamic already in motion, which means less downtime and more focus on the bigger picture. The next owner is not just buying a house. They are stepping into an opportunity with built-in appeal and a stronger starting position. For the investor ready to make a strategic move in Ocala, 8779 SE 89th Place stands out as a compelling option. Already leased. Long-standing tenants. Consistent profitability potential. That combination has a way of getting attention for all the right reasons. Smart investors know the best opportunities are not always the loudest ones. Sometimes they are the ones already quietly producing.

Getting Around

14
WalkingCar-Dependent
18
TransitMinimal Transit
31
BikeSomewhat Bikeable

Schools

4/10
Lake Weir Middle SchoolGrades 6-86.4 mi
2/10
Lake Weir High SchoolGrades 9-121.8 mi

Construction

Condition

  • Year built: 1983

Materials

  • Foundation: Other
  • Roof: Other
  • Construction materials: Other

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Other
  • Laundry features: Other

Bathroom1

  • Level: First

Bathroom2

  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Other
  • Flooring: Other

Heating & Cooling

  • Heating features: Other
  • Cooling features: Other

Interior Area

  • Total structure area: 900
  • Total interior livable area: 900 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Primary Bedroom

  • Features: Storage Closet
  • Level: First

Property

Details

  • Parcel number: 9068072810
  • Zoning: R1
  • Special condition: None

Features

  • Levels: One
  • Stories: 1
  • Exterior features: Other

Lot

  • Lot size: 7,841 sqft
  • Lot size dimensions: 81 x 97

Parking

  • Total spaces: 1
  • Parking features: Carport
  • Covered spaces: 1
  • Carport: Yes
  • Carport spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Hurricane
Lightning
Tornado
Cold Wave
Strong Wind

FEMA Declared Disasters in Marion County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $748$8,976
Home Insurance *$103$1,236
Property Taxes $88$1,056
Electricity $197$2,366
Total$1,136$13,632
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$38,948/yr
40% on housing$34,080/yr
45% on housing$30,293/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 16.1%
16.1%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 5.6%
5.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$164This listing

vs Other Active Listings

Avg $/sqft

ZIP 34472$105
Marion County$208

vs Homes Sold Last Month

Median $/sqft

ZIP 34472$178
Marion County$168

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-25Price change$159,000
2026-04-10Listed for sale$179,000
2018-03-31Listing removed$55,000
2017-07-21Price change$55,000
2017-03-16Listed for sale$49,900
2017-02-01Listing removed$49,990
2016-08-02Listed for sale$49,990
2008-03-20Sold$75,000
2008-02-15Price change$87,300
2008-02-01Listed for sale$90,000
2004-08-18Sold$61,500
2004-06-09Sold$37,000

For Sale by Agent

AgentTony Tate, PLLC
BrokerageLPT REALTY, LLC

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