$259,000
$60K PRICE INCREASE

520 SW 5th Ave Lake Butler, FL 32054

Estimated payment $1,519/month

Total Views 45,160
6 Beds
4 Baths
2,471 Sq Ft
$105 Price per Sq Ft

Highlights

  • Wood Flooring
  • No HOA
  • Living Room
  • Corner Lot
  • Front Porch
  • Laundry Room

About This Home

Two-Home Property Ideal for Investors and Owner-Occupants

Discover the unique opportunity to own a remarkable property featuring two homes, perfect for investors or those looking to earn rental income while enjoying the comforts of their main residence. Situated on a desirable corner lot, the main home, built in 1910, exudes character and charm, showcasing a brand-new roof and a beautifully large covered front porch—an inviting space for relaxation and gatherings.

Main Home Highlights:
- Bedrooms/Bathrooms: 3 spacious bedrooms and 2 full baths, accommodating families of all sizes.
- Living Spaces: A bright living room provides a welcoming atmosphere, while the kitchen offers ample space for culinary creations.
- Convenient Features: Enjoy the practicality of an indoor laundry room and utility closet, ensuring functionality in everyday life.

Secondary Home Features:
- Spacious Mobile Home: Also featuring 3 bedrooms and 2 baths, this mobile home is perfect for guests or as a rental unit.
- Outdoor Living: A screened porch allows for serene outdoor enjoyment, without the hassle of bugs.
- Comfort and Convenience: Inside, you will find a roomy living area and a kitchen/dining space that's perfect for entertaining or family meals.

Both homes has separate addresses but are located on one parcel.

This property not only offers a charming living experience but also presents an excellent investment opportunity. Whether you wish to occupy one home and rent the other, or manage both as income-generating properties, the possibilities are endless. Don’t miss out on this rare find!

Listing Agent

Jamie Blankenship

INVICTUS REAL ESTATE LLC Brokerage Phone: 352-817-1627 License #3015400 Listed on: 03/31/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,216

Year Built

  • Built in 1910

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 105x105
  • East Facing Home
  • Corner Lot
  • Property is zoned R4

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,471 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Crawl Space
  • Range
  • Laundry Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Private Mailbox
  • Front Porch

Schools

  • Lake Butler Elementary School
  • Lake Butler Middle School
  • Union County High School

Additional Features

  • Accessory Dwelling Unit (ADU)
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Dekles 1St Add Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,216

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Frame
  • Fireplace: No
  • Living Area: 2471
  • Lot Size Acres: 0.25
  • New Construction: No
  • Year Built: 1910
  • Building Area Total: 2471
  • Lot Size Sq Ft: 11020
  • Number Of Lots: 1
  • Directions to Property: From Interstate 75, go East on NW County Road 236, turn left onto NW County Road 239, turn left on to State Road 121, Turn left onto SW Fifth Avenue, home is on the left.
  • Status: Active
  • Street Direction: SW
  • Ownership: Fee Simple
  • Available for Lease YN: 0
  • Escrow City: Ocala
  • Escrow Postal Code: 34471
  • Escrow State: FL
  • Escrow Street Name: East Fort King Street
  • Escrow Street Number: 1007
  • List Office Head Office Key Nume: 502452499
  • RATIO Current Price By Calculate: 104.82
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 1
  • MFR_InLawSuiteDescription: Detached (ADU)
  • Attribution Contact: 352-817-1627
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Wood
  • Full Bathrooms: 4
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Crawlspace
  • Total Bedrooms: 6
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 520
  • Living Area Meters: 229.56
  • Room Count: 3

Exterior Features

  • Direction Faces: East
  • Exterior Features: Private Mailbox
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Front Porch, Side Porch
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Lake Butler Elementary School-UN
  • High School: Union County High School-UN
  • Middle Or Junior School: Lake Butler Middle School-UN

Lot Info

  • Zoning: R4
  • Parcel Number: 31-05-20-16-000-0290-0
  • Additional Parcels: No
  • Lot Features: Corner Lot, Paved
  • Lot Dimensions: 105x105
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 1024

Green Features

  • Green Verification Count: 0

Rental Info

  • Month To Month Or Weekly YN: 1

Tax Info

  • Tax Annual Amount: 1216.1
  • Tax Block: 29
  • Tax Book Number: 1-13
  • Tax Lot: 100

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,216 $48,092 $11,025 $37,067
2023 $1,148 $44,581 $11,025 $33,556
2022 $1,096 $44,924 $11,025 $33,899
2021 $981 $37,862 $11,025 $26,837
2020 $918 $34,405 $7,166 $27,239
2019 $908 $33,764 $7,166 $26,598
2018 $271 $32,041 $7,166 $24,875
2017 $265 $31,728 $0 $0
2016 $252 $31,075 $0 $0
2015 -- $30,859 $0 $0
2014 -- $31,229 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2025 08/04/25 Price Changed $259,000 -2.3% $105 / Sq Ft
07/30/2025 07/30/25 Price Changed $265,000 -1.5% $107 / Sq Ft
07/25/2025 07/25/25 Price Changed $269,000 -2.2% $109 / Sq Ft
05/06/2025 05/06/25 Price Changed $275,000 -8.0% $111 / Sq Ft
03/31/2025 03/31/25 Price Changed $299,000 +50.3% $121 / Sq Ft
03/31/2025 03/31/25 For Sale $199,000 -- $81 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

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Source: Stellar MLS

MLS Number: OM698320

Stellar MLS

APN: 31-05-20-16-000-0290-0