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5947 SW 98th Street Rd, Ocala, FL, 34476

2beds
2baths
1,158sqft
$190,000
$164price/sqft
$1,492/moest. monthly cost
$59,680/yrincome needed

About This Home

Welcome to this beautifully maintained 2-bedroom, 2-bath home with a 2-car garage in the desirable 55+ community of Cherrywood Estates—where comfort, convenience, and lowmaintenance living come together. Step inside to discover a bright and inviting layout designed for easy living. The wellappointed kitchen features stainless steel appliances and abundant cabinetry, providing both style and functionality for everyday cooking and entertaining. Enjoy year-round relaxation in the enclosed Florida room, complete with heat and air, and accessible through sliding glass doors—perfect for morning coffee or unwinding while overlooking your private backyard. Just outside, a dedicated concrete patio area offers the ideal space for grilling and outdoor gatherings. The spacious primary suite includes a walk-in closet and ceiling fan, along with an ensuite bath featuring a step-in shower with glass doors for added comfort and convenience. The second bedroom is perfectly sized for guests, a home office, or hobby space, while the second bathroom includes a tub/shower combination. Located in Ocala, Cherrywood Estates offers a welcoming atmosphere and convenient access to shopping, dining, and everyday essentials. With its thoughtful layout, indoor-outdoor living spaces, and prime location, this home is a fantastic opportunity to enjoy the Florida lifestyle. Schedule your private showing today—this one won’t last long!

Getting Around

3
WalkingCar-Dependent
0
TransitNo Nearby Transit
26
BikeSomewhat Bikeable

Schools

4/10
Liberty Middle SchoolGrades 6-81.2 mi
4/10
West Port High SchoolGrades 9-125.4 mi

Construction

Condition

  • Year built: 2003

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Block,Concrete,Stucco

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Range,Refrigerator
  • Laundry features: Electric Dryer Hookup,Washer Hookup

Bedrooms & Bathrooms

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

Features

  • Ceiling Fan(s)
  • Door features: Sliding Doors
  • Flooring: Carpet,Vinyl

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,843
  • Total interior livable area: 1,158 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Primary Bedroom

  • Features: Walk-In Closet(s)
  • Level: First

Property

Details

  • Parcel number: 3568001930
  • Zoning: R1
  • Special condition: None

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 8,276 sqft

Parking

  • Total spaces: 2
  • Parking features: Garage - Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Hurricane
Lightning
Tornado
Cold Wave
Inland Flooding
Strong Wind
Wildfire

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 $960$11,520
Home Insurance *$121$1,452
Property Taxes $214$2,568
Electricity $197$2,366
Total$1,492$17,904
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$51,154/yr
40% on housing$44,760/yr
45% on housing$39,786/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 34476$175
Marion County$208

vs Homes Sold Last Month

Median $/sqft

ZIP 34476$155
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
2026-04-30Price change$190,000
2026-04-09Listed for sale$195,000
2026-03-24Sold$181,800
2023-09-13Sold$187,000
2023-08-07Pending sale$194,900
2023-07-11Listed for sale$194,900
2003-05-13Sold$87,600

For Sale by Agent

AgentJeff Jones
BrokerageMARK SPAIN REAL ESTATE

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