520 SW 5TH AVENUE, LAKE BUTLER, FL, 32054
Active494 days on marketListed Mar 31, 2025MLS #OM698320
About this home
520 SW 5TH AVENUE
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!
Facts & features
The home at a glance
6
Bedrooms
4
Bathrooms
2,471
Sqft
0.25 ac
Lot size
1910
Year built
One
Levels
$81
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.
$1,527 /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
$1,527/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.
$/sqft vs Lake Butler actives
$81 vs $180
Days on market
494 vs 61 typical
Where $81/sqft sits among the 13 Lake Butler 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 Lake Butler
Get to know Lake Butler. See the full Lake Butler guide →
LAKE BUTLER 32054 — neighborhood snapshot
Population
12,467
Median age
39.7
Median income
$67,044
Median home value
$166,700
Avg household
2.62
Households w/ children
1,339
For the school run
Union County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Lake Butler market
$259K → $199K
Lake Butler median sold, yr/yr
97.2%
Sale-to-list ratio (12 mo)
10 of 13
Lake Butler actives have cut their price
Median sold price, Lake Butler, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 23% below the LAKE BUTLER 32054 median. See the full Lake Butler market guide →
Paper trail
This home's history
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
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 520 SW 5TH AVENUE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 520 SW 5TH AVENUE — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
520 SW 5TH AVENUE FAQs
What would the monthly payment be for 520 SW 5TH AVENUE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,527/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 520 SW 5TH AVENUE?+
The most recent tax bill on record (2024) was $1,216. 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 Lake Butler?+
At $200,000, this home is listed about 35% below the Lake Butler median of $309,950. The market section on this page shows how the area is trending.
Which schools are assigned to 520 SW 5TH AVENUE?+
Lake Butler Elementary School (elementary), Union County High School (high), Lake Butler Middle School (middle) — Union County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Under the LAKE BUTLER 32054 market on paper
$200,000 is 23% below the LAKE BUTLER 32054 median of $260,000, and at $81/sqft it sits under the Lake Butler average of $160.
02Time on market is leverage
494 days on market against a Lake Butler median of 61 — sellers in this position are usually ready to negotiate.
03Strong assigned schools
Lake Butler Elementary School, Union County High School, Lake Butler Middle School — Lake Butler Elementary School rates 4 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of INVICTUS REAL ESTATE LLC · Jamie Blankenship. MLS #OM698320.
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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