479 WATER ROAD, OCALA, FL, 34472
Active349 days on marketListed Aug 11, 2025MLS #OM707345
About this home
479 WATER ROAD
Charming 3-Bed, 2-Bath Home with Business Potential in The Shores – Compliant for ALF, Daycare, or In-Home Care This spacious 3-bedroom, 2-bathroom home offers over 1,700 sq ft of living space and is located in the quiet, established Shores neighborhood of Marion County. Built in 1975, the property has solid bones and just needs some cosmetic updates to shine again. A new roof was installed in 2024, providing peace of mind for homeowners or investors alike. What sets this home apart is its fully installed NFPA 13D fire sprinkler system, making it certified and compliant for a wide range of in-home business uses—such as an Assisted Living Facility (ALF), adult daycare, childcare center, or other home-based care services. This rare feature opens the door for both residential living and entrepreneurial opportunity under one roof. The home features generously sized bedrooms, a functional floor plan, and an abundance of natural light. Its layout offers flexibility for residential use or conversion to meet ALF or business setup needs. Additionally, the property is zoned for access to the local community center, which offers a wide array of amenities—including a pool, fitness center, recreational areas, and more—all for just $5 per month. Conveniently located near schools, shopping, parks, and medical facilities, this home is ideal for families, investors, or healthcare operators looking to capitalize on a unique live-in business opportunity. Don’t miss out on this versatile property with built-in value and potential!
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
1,799
Sqft
0.24 ac
Lot size
1
Garage
1975
Year built
One
Levels
$139
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$2,078 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$2,078/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
−3.8%
$/sqft vs Ocala actives
$139 vs $182
Days on market
349 vs 43 typical
Where $139/sqft sits among the 400 Ocala actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Ocala
Get to know Ocala. See the full Ocala guide →
OCALA 34472 — neighborhood snapshot
Population
34,665
Median age
40.1
Median income
$61,635
Median home value
$185,900
Avg household
2.67
Households w/ children
3,980
For the school run
Marion County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Ocala market
$285K → $280K
Ocala median sold, yr/yr
97.4%
Sale-to-list ratio (12 mo)
154 of 400
Ocala actives have cut their price
Median sold price, Ocala, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 19% above the OCALA 34472 median. See the full Ocala market guide →
Paper trail
This home's history
Reality check
What actually sold near 479 WATER ROAD
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jun ’26$195,000
9318 SPRING TERRACE · same community
4 bd · 3 ba · 1,689 sqft · $115/sqft · 50 DOM
Sold · May ’26$135,000
457 WATER ROAD · same community
3 bd · 2 ba · 1,436 sqft · $94/sqft · 11 DOM
Sold · Sep ’25$222,000
458 SPRING LANE · same community
3 bd · 2 ba · 1,312 sqft · $169/sqft · 19 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Eric Chery
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 479 WATER ROAD — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 479 WATER ROAD — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Eric's phone and CRM.
Straight answers
479 WATER ROAD FAQs
What would the monthly payment be for 479 WATER ROAD?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,078/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 479 WATER ROAD?+
The most recent tax bill on record (2024) was $4,024. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Ocala?+
At $250,000, this home is listed about 16% below the Ocala median of $299,000. The market section on this page shows how the area is trending.
Which schools are assigned to 479 WATER ROAD?+
Forest High School (high), Legacy Elementary School (elementary), Lake Weir Middle School (middle) — Marion County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of HOMERUN REALTY · Piotrowski Jones. MLS #OM707345.
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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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