Asking Price
$ 289,000Status
Active721 NE 2ND STREET
OCALA, FL,34470, CALDWELLS ADD
Overview
5 Bedrooms
4 Bathrooms
Garage
2,451 sqft
Year Built: 1918
School Nearby
Fort King Middle School
Vanguard High School
Wyomina Park Elementary School
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.
Features
Status: Active
Beds: 5
Baths: 4
Square Footage: 2,451 Sq. Ft
HOA Fee: -
Property Type: Single Family Residence
MLS Number: OM699837
Days on Market: 3
Year Built: 1918
Lot Size: 70 x 214
County: Marion
Taxes: $4,574.00
Address
721 NE 2ND STREET , OCALA ,FL
Listing provided by: CRYSTAL SNOOK REAL ESTATE, 352-630-5270
Asking Price
$289,000Status
ActiveSimilar Properties
Based on information submitted to the MLS GRID as of 05/15/2025 12:08. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.