1. Florida
  2. Ocala
  3. 721 NE 2ND STREET
$239,000

721 NE 2ND STREET, Ocala, FL 34470

  • 5 beds |
  • 4 baths |
  • 2,451 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1918
  • Property Lot Size Icon0.34acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $98/sqft
  • Property List Date Icon Listed 4 months ago

Property 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.

Listing Status:
Active
Date Added:
April 22, 2025 at 05:00AM
Listing Office:
CRYSTAL SNOOK REAL ESTATE : 352-630-5270
Listing Agent:
Crystal Snook : 352-630-5270
MLS ID:
OM699837
  • General: High Ceilings
  • Appliances: Refrigerator
  • Laundry: None
  • Flooring: Hardwood
  • A/C: None
  • Heating: None

This listing courtesy of Crystal Snook, CRYSTAL SNOOK REAL ESTATE

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

Wyomina Park Elementary School

511 NE 12th Ave, Ocala, FL, 34470

Grades PK-5

0.54 miles away

P

Pace Center for Girls Inc.

328 NE 1st Ave Ste 500, Ocala, FL, 34470

Grades 6-12

0.36 miles away

V

Vanguard High School

7 NW 28th St, Ocala, FL, 34475

Grades 9-12

1.96 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.