$275,000

520 SW 5th Ave Lake Butler, FL 32054

$3,266
Closing credit¹
6 beds
4 full
2,471 sqft
0.3 acres
$111 / sqft
House

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

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size2,471 sqft
Lot size0.25 Acres
Year built1910
MLS #OM698320

Virtual tour

Summary

  • Full Bathrooms: 4
  • Appliances: Range, Refrigerator
  • Flooring Type: Carpet, Wood
  • Interior: Ceiling Fans(s)
  • Total Bedroom Count: 6
  • Private Pool: No
  • Exterior: Private Mailbox
  • Heating: Central
  • Cooling: Central Air
  • List Price: $275,000
  • Price/SqFt: $111
  • HOA Amount: $0
  • Annual Tax Amount: $1,148
  • Tax Year: 2023
  • Lot: Corner Lot, Paved
  • 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.
  • Year Built: 1910
  • Stories: 1
  • Living Area: 2,471 SqFt
  • Lot Size: 0.25 Acres
  • MLS Number: OM698320
  • MLS Name: MFRMLS
  • Office Name: INVICTUS REAL ESTATE LLC
  • Office Phone: (352) 817-1627
  • Listing Agent: Jamie Blankenship

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

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IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/5/2025, 11:49:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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520 SW 5th Ave, Lake Butler, FL 32054 - view of front facade with a porch and roof with shingles

$275,000

520 SW 5th Ave

$3,266

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $45,898. Most Lake Butler, FL residents have annual incomes between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

37%
<35k
52%
35k-100k
8%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

40%
Single, No Kids
14%
Single, with Kids
28%
Married, No Kids
18%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
9%
12-17 yrs old
19%
18-34 yrs old
43%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • Monster TrucksMonster Trucks
  • HuntingHunting
  • NASCARNASCAR

Where do the neighbors shop?

  • Wal-MartWal-Mart
  • Dollar GeneralDollar General
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • Jimmy JohnsJimmy Johns
  • ApplebeesApplebees

What do the neighbors drive?

  • ChevroletChevrolet
  • RamRam
  • GMCGMC

What do the neighbors listen to?

  • CountryCountry
  • Classic CountryClassic Country
  • New CountryNew Country
All data provided by Home Junction and Claritas

Frequently asked questions

About 520 SW 5th Ave

The listing price of 520 SW 5th Ave property is $275,000.

The property 520 SW 5th Ave is a house located in Lake Butler, Florida, 32054.

Active Listing: 520 SW 5th Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 520 SW 5th Ave are: Lake Butler Elementary School (GreatSchools Rating 5/10), Starke Elementary School (GreatSchools Rating 4/10), Bradford Elementary School (GreatSchools Rating 6/10), Lake Butler Middle School (GreatSchools Rating 5/10), Bradford Middle School (GreatSchools Rating 4/10), Alachua Learning Academy Middle School (GreatSchools Rating 10/10), Union County High School (GreatSchools Rating 5/10), Bradford High School (GreatSchools Rating 4/10), Santa Fe High School (GreatSchools Rating 4/10).

According to the records, the last property tax for 2023 is $1,148 (source: MLS/based on county public records data).

The property at 520 SW 5th Ave has 6 bedrooms and 4 bathrooms.

The property 520 SW 5th Ave is 2,471 SqFt (source: MLS/tax record).

The year of construction for 520 SW 5th Ave is 1910.

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 $275,000.

Over 0 listings were sold over their listed price in May 2025 in Lake Butler, FL. In the same period over 2 listings were sold below the listed price and 2 listings were sold for the listed price. The number of listings in Lake Butler, FL decreased by 10.5% between April and May 2025. Listings spent 60 days on the market in May 2025, and had a median list price of $325,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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