$215,000
520 5th Avenue
Lake Butler, FL 32054
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
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!
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history362 days on market
- Status: ActiveApr 28, 2026
- Listed$199,000Mar 31, 2025
- Price increased$215,000
Virtual Tour
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 362
- Subdivision
- Dekles 1st Add
- County
- Union
- Year built
- 1910
- Living area
- 2,471 sq ft
- Price/sq ft
- $87
- Lot size
- 11,020 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- X
- Annual taxes
- $1,216 (2024)
- Parcel #
- 31-05-20-16-000-0290-0
- Zoning
- R4
- MLS #
- OM698320
Interior Details
- Bedrooms
- 6
- Full bathrooms
- 4
- Flooring
- Carpet, Wood
- Appliances
- Range, Refrigerator
- Interior features
- Ceiling Fans(s)
- Laundry
- Laundry Room
- Stories / Levels
- One
- Direction faces
- East
- In-law suite
- Yes
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Listing terms
- Cash, Conventional, FHA, USDA Loan, VA Loan
- Ownership
- Fee Simple
- Available for lease
- No
Exterior & Construction
- Exterior features
- Private Mailbox
- Construction materials
- Frame
- Roof
- Shingle
- Foundation
- Crawlspace
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Electricity Connected
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Living Room | First | 14x14 |
| Kitchen | First | 13x9 |
| Primary Bedroom | First | 14x14 |
Listing Details
- Listing date
- 2025-03-29
- On market date
- 2025-03-31
- Original list price
- $199,000
- Occupant type
- Vacant
- MLS area
- 32054 - Lake Butler
- Listing AOR
- Ocala - Marion
- Status changed
- 2026-04-28
- Tax legal description
- LOT 100 FT E & W X 105 N & S IN NE COR LOT 29 DEKLES 1ST ADD
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
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.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of April 28, 2026 at 1:18 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA