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Wade M. Berlin

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  4. 721 2nd Street, OCALA, FL 34470
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721 2nd Street
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PRICED AT ONLY: $239,000

Address: 721 2nd Street, OCALA, FL 34470

Description

Renovators Dream in the Heart of Ocala Located in Ocalas sought after Historic District, this 1918 built gem turned triplex offers a rare opportunity to own a piece of the citys 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 youre 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.

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  • MLS#: OM699837 ( Residential )
  • Street Address: 721 2nd Street
  • Viewed: 68
  • Price: $239,000
  • Price sqft: $84
  • Waterfront: No
  • Year Built: 1918
  • Bldg sqft: 2829
  • Bedrooms: 5
  • Total Baths: 4
  • Full Baths: 4
  • Days On Market: 95

Description

Renovators Dream in the Heart of Ocala Located in Ocalas sought after Historic District, this 1918 built gem turned triplex offers a rare opportunity to own a piece of the citys 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 youre 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.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Other
  • Flooring: Wood
  • Living Area: 2451.00
  • Roof: Shingle
Property Information
  • Property Condition: Fixer
Land Information
  • Lot Features: Cleared, Historic District, City Limits
School Information
  • High School: Vanguard High School
  • Middle School: Fort King Middle School
  • School Elementary: Wyomina Park Elementary School
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: None
  • Heating: None
  • Pets Allowed: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available
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: 2024
Other Features
  • Appliances: Refrigerator
  • Country: US
  • Furnished: Unfurnished
  • Interior Features: High Ceilings
  • Legal Description: SEC 17 TWP 15 RGE 22 PLAT BOOK E PAGE 004 CALDWELLS ADD OCALA E 1/3 OF SW 1/4 LOT 45
  • Levels: Two
  • Area Major: 34470 - Ocala
  • Occupant Type: Vacant
  • Parcel Number: 2820-045-006
  • Style: Historic
  • Views: 68
  • Zoning Code: R3
Nearby Subdivisions
Alderbrook   Autumn Oaks   Autumn Rdg   Belleviews Sunny Skies   Caldwells Add   Emerson Pointe   Ethans Glen   Fox Mdw Un 01   Fox Meadow   Golfview Add 01   Granthams Sub   Grapeland Terrace   Heather Trace Ph 1   Heritage Hills Rep   Hicliff Heights   Hilldale   Leonardo Estate   Mira Mar   Non Sub   Non-subdivision   None   Northwood Park   Not In Subdivision   Not On List   Oak Hill Plantation   Oak Hill Plantation Ph 1   Oak Hill Plantation Ph 2a   Oak Hill Plantation Ph I   Oakcrest Homesites   Ocala East Villas Un 01   Ocala Gardens   Ocala Heights   One   Pine Ridge   Raven Glen   Raven Glen Un 01   Raven Glen Un 02   Reardon Middle Town Lts   Ridgeviewcandlewoodhighview   Sevilla Estate   Silver Spgs Forest   Smith Daughertys Add   Spring Hlnds   St James Park   Stonewood Villas   Sunbrite   Tree Hill   Victoria Station   Village North   Wilsons  

Contact Info

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