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Wade M. Berlin

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Tropic Shores Realty
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829 3rd Street
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PRICED AT ONLY: $450,000

Address: 829 3rd Street, OCALA, FL 34470

Description

Income producing opportunity in a high demand rental pocket of Ocala this well maintained triplex at 829 NE 3rd Street is currently producing $3,675 in total monthly rent, offering a compelling blend of immediate cash flow and long term upside. Positioned just minutes from downtown, the property sits on a spacious, tree lined lot that consistently attracts tenants seeking both convenience and a quiet residential setting. Each unit features functional layouts with well lit bedrooms, while the kitchens are upgraded with granite countertops, modern cabinetry, and stainless steel appliances, supporting strong rental appeal and tenant retention. A dedicated on site laundry area adds additional convenience and operational efficiency. With durable interior finishes and broad tenant appeal, the property is well positioned to minimize turnover and support stable occupancy. For investors, the opportunity lies in rent optimization and continued market appreciation, with potential to increase returns through strategic management and incremental improvements. Whether you're looking for a cash flowing asset today or a value add play with upside, this triplex delivers a strong foundation for both income and growth.
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  • MLS#: O6406552 ( Residential )
  • Street Address: 829 3rd Street
  • Viewed: 9
  • Price: $450,000
  • Price sqft: $268
  • Waterfront: No
  • Year Built: 1938
  • Bldg sqft: 1676
  • Bedrooms: 4
  • Total Baths: 3
  • Full Baths: 3
  • Days On Market: 3
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Private Yard
  • Flooring: Laminate
  • Living Area: 1676.00
  • Roof: Shingle
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Wall/Window Unit(s)
  • Heating: Ductless
  • Sewer: Public Sewer
  • Utilities: Public
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2025
Other Features
  • Appliances: Cooktop, Dryer, Microwave, Refrigerator, Washer
  • Country: US
  • Furnished: Unfurnished
  • Interior Features: Ceiling Fans(s), Walk-In Closet(s)
  • Legal Description: SEC 17 TWP 15 RGE 22 PLAT BOOK E PAGE 008 SMITH & DAUGHERTY ADD OCALA E 53 FT OF LOT 24
  • Levels: One
  • Area Major: 34470 - Ocala
  • Occupant Type: Tenant
  • Parcel Number: 2826-024-002
  • Zoning Code: R3
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  2. Baths: 4
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  1. MLSID: OM716946
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Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin