BACK ON MARKET – Buyer financing fell through! NOW VACANT. NEW PRICE – Listed below appraised value. Exceptional income-producing opportunity on 1.54 acres within Ocala city limits. This unique property offers multiple revenue streams and strong long-term potential. The main residence features 4 bedrooms, 2 bathrooms, plus a home office, with recent updates including a remodeled kitchen with granite countertops, stainless steel appliances, and tile backsplash. Major systems have been upgraded with a 2015 roof, solar-assisted 80-gallon water heater, and a high-efficiency 25 SEER Lennox HVAC system (2016), helping reduce operating costs. The detached garage/workshop with apartment adds significant value, featuring a two-bedroom unit with kitchenette, office space, and washer/dryer hookups—ideal for rental income, guest housing, or multi-generational use. The garage is plumbed for a bathroom and includes a solar power system with battery backup. Additional highlights include a gated, fully fenced lot, summer kitchen, and a partially wooded setting that enhances privacy and tenant appeal. With acreage inside city limits, flexible use options, and existing infrastructure for multiple living spaces, this property is well-suited for investors seeking rental income, house hacking, or future value-add potential. Home has been approved by city to convert to city water and sewer if future homeowner chooses.
- Built in 1958
- 2 garage spaces
- $136.78/sqft
- Lot size: 1.54 acres
- 128 days on market
- Directions: From NE 7th St and NE 28th Ave go north on NE 28th Ave and the residence is on the left.
- County: Marion
- Geo subdivision: NO SUB
Nearby Schools
Wyomina Park Elementary School
Fort King Middle School
Vanguard High School
Features
Interior
Exterior
Utilities
Structure
Pets, Accessibility & Amenities
Financial
Lease Information
Tax, Legal & Financing
Let's get in touch!
Let's get in touch!

Fúlvio K. Massaro
PropTech Enthusiast
- Source: Stellar MLS
- MLS #: OM715177
Listing updated: April 22, 2026 at 11:27PM
Listing provided by: Amanda Langan, LANGAN REALTY CO
Last checked 11 hours ago
Listing provided by: Amanda Langan, LANGAN REALTY CO
Last checked 11 hours ago
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