721 NE 2ND ST, OCALA, FL, 34470
$239,000
Residential
|
Bedrooms
5
|
Bathrooms
4
|
Living Area
2,451 Sqft
|
Lot Size
14,810 Sqft
|
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
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFROM699837 | Year Built: | 1918 | |
| Appliances: | Refrigerator | Architectural Style: | Historic | |
| Construction Materials: | Wood Siding | Cooling: | None | |
| Country: | US | County Or Parish: | Marion | |
| Direction Faces: | South | Exterior Features: | Other | |
| Flooring: | Wood | Foundation Details: | Pillar/Post/Pier | |
| Furnished: | Unfurnished | Heating: | None | |
| Laundry Features: | None | Levels: | Two | |
| Listing Agreement: | Exclusive Right To Sell | Listing Terms: | Cash, Other | |
| Lot Features: | Cleared, Historic District, City Limits | Occupant Type: | Vacant | |
| Patio And Porch Features: | Covered, Front Porch | Pets Allowed: | Yes | |
| Property Condition: | Fixer | Property Sub Type: | Single Family Residence | |
| Property Type: | Residential | Road Responsibility: | Public Maintained Road | |
| Road Surface Type: | Paved | Roof: | Shingle | |
| Sewer: | Public Sewer | Showing Requirements: | ShowingTime | |
| Special Listing Conditions: | None | Standard Status: | Active | |
| State Or Province: | FL | Utilities: | Electricity Available | |
| Water Source: | Public | |||
| Rooms | Rooms | |||
|---|---|---|---|---|
| Kitchen: | 10x12 ft | Living Room: | 12x14 ft | |
| Primary Bedroom: | 12x11 ft | |||
We love to hear from you