530 1st St, Ocoee, FL 34761

Charming Starter Home or Investment in Ocoee!

Discover this delightful single-family home at 530 1st St, Ocoee, FL 34761. Built in 1960, this cozy residence offers 2 bedrooms, 1 bathroom, and 872 sqft of living space (public records show 872 sqft, your data showed 872 sqft, confirming the area) on a substantial 9,427 sqft lot (Zillow indicates 9,427 sqft, your data did not include lot size).

Priced at an attractive $179,990, with an estimated refinance payment of $1,594/month, this property presents an exceptional value. The Ocoee real estate market is currently a seller’s market (as of April/May 2025), meaning there are more buyers than available homes. However, for 2-bedroom homes in Ocoee, the median sold price increased by 10.9% year-over-year to $249,500 (as of April 2025), making this property significantly below the median for its size. This indicates a very competitive price point within the current market.

This home offers a practical layout with masonry construction and a composition roof. It was last sold in February 2022 for $276,000, and previous sales in 2013 and 2002 were for much lower values ($62,500 and $60,000 respectively). The current listing price is considerably below its last recorded sale, which might indicate a motivated seller or a unique opportunity.

Located in Ocoee, residents benefit from a growing community in Central Florida, offering a balance of suburban comfort and convenient access to the greater Orlando area. Schools in the area include Ocoee Elementary (4/10), Ocoee Middle School (4/10), and Ocoee High School (6/10).

This is an outstanding opportunity for first-time homebuyers or investors seeking an affordable property with significant potential in a rapidly appreciating market. Given the highly competitive price relative to current market trends, act quickly! Schedule your showing today.