520 SW 5th Ave Lake Butler, FL 32054
Property details
About 520 SW 5th Ave
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!
Highlights
Virtual tour
Summary
- MLS Number: OM698320
- MLS Name: MFRMLS
- Office Name: INVICTUS REAL ESTATE LLC
- Office Phone: (352) 817-1627
- Listing Agent: Jamie Blankenship
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Last updated on: 4/24/2025, 11:49:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$299,000
520 SW 5th Ave
$3,551
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $44,581 | $1,148 |
| 2021 | $37,846 | $1,095 |
| 2020 | $34,405 | $917 |
| 2018 | $32,041 | $30 |
| 2017 | $31,728 | $264 |
History based on county public records data.
Nearby schools
5
Lake Butler Elementary School
Public District PK-4
0.3 mi
•800 SW 6th St
4
Starke Elementary School
Public District KG-6
14.0 mi
•1000 W Weldon St
6
Bradford Elementary School
Public District KG-6
15.5 mi
•823 Stansbury St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $45,898. The majority of Lake Butler, FL residents have income between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Monster Trucks
Hunting
NASCAR
Where do the neighbors shop?
Wal-Mart
Dollar General
Academy Sports & Outdoors
Where do the neighbors go to eat?
Hardee's
Jimmy Johns
Applebees
What do the neighbors drive?
Chevrolet
Ram
GMC
What do the neighbors listen to?
Country- Classic Country
New Country
Frequently asked questions
About 520 SW 5th Ave
This home is located at 520 SW 5th Ave in Lake Butler, FL and zip code 32054. This 2,471 square foot home, which was built in 1910, sits on a 0.25 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 31, 2025 and is currently priced at $299,000.
While more than 1 listings in Lake Butler, FL in March 2025 were sold above asking price, there were more than 0 listings sold at asking price, and more than 0 were sold below. Between February and March 2025, Lake Butler, FL real estate market has seen increase in the number of listings by 5.9%. The median list price of listings available in March 2025 was $327,500, while the average time on the real estate market was 20 days.