$330,000
For Sale

721 NE 2ND STREET

ocala, FL 34470
2829 sqft | 5 beds | 4 baths | 0.34 acres | #OM699837
Browse 98 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Renovator’s Dream in the Heart of Ocala
Located in Ocala’s sought-after Historic District, this 1918-built gem turned triplex offers a rare opportunity to own a piece of the city’s rich architectural history. Just steps away from both Midtown and Downtown Ocala, this walkable location places you near vibrant restaurants, shops, and community events — perfect for investors or future homeowners looking to be in the center of it all.
With 2,451 living square feet, the home has been thoughtfully divided into three separate units, presenting excellent income-producing potential or a unique multi-generational living setup.
Unit 1: Efficiency apartment
Unit 2: 2 bedrooms, 2 bathrooms
Unit 3: 2 bedrooms, 1 bathroom
This is a renovation takeover, ideal for buyers ready to bring their vision and craftsmanship to life. Some finishing carpentry work, HVAC, and electrical updates are needed to complete the transformation and unlock the property's full value.
Whether you’re a seasoned investor or a handy homeowner, this is a golden opportunity in a character-filled neighborhood.
Located within the City's East Ocala Redevelopment Area with up to 40k per year in qualifying Historic Building Improvement Grants.
Cash offers preferred, but renovation loan options may be considered for qualified buyers.

  • Property Details
      • Lot DescriptionCleared, Historic District, City Limits
      • Elementary SchoolWyomina Park Elementary School
      • Middle SchoolFort King Middle School
      • Property SubtypeSingle Family Residence
      • Utility FeaturesElectricity Available
      • High SchoolVanguard High School
      • FoundationPillar/Post/Pier
      • InteriorHigh Ceilings
      • SubdivisionCALDWELLS ADD
      • Sewer InformationPublic Sewer
      • Property TypePurchase
      • Original List Price$330,000
      • MLS #OM699837
      • MLS #OM699837
      • Utility SourcePublic
      • CountyMarion
      • Taxes Annual$4,574
      • Cost330000
      • Exterior MaterialsOther
      • Property ConditionFixer
      • Acres0.34
      • Square Feet2829
      • Year Built1918
      • Pets AllowedYes
      • Bedrooms5
      • Bathrooms4
      • Full Baths4
      • Stories2
      • Days on Market (Cumulative)1

Location

Kristen L. HathcockReal Estate Group
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