UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,267 sqft
Price per Sqft $146
Subdivision Palmers Add
MLS Listing ID OM729195
Bedrooms 3
Full Baths 2
Construction Status Completed
HOA Y/N No
Year Built 1948
Annual Tax Amount $306
Lot Size 8,276 Sqft
Acres 0.19
Property Sub-Type Single Family Residence
Source Stellar MLS
Property Description
Discover the perfect blend of historic charm and modern convenience with this beautifully maintained 3-bedroom, 2-bath home in the heart of Downtown Ocala. Situated on a 0.19-acre lot, this unique property is zoned RO (Residential Office), offering exceptional flexibility for a primary residence, professional office, live/work space, rental property, or potential mixed-use opportunity. Buyers should verify all intended uses with the appropriate local authority.
A welcoming covered front porch sets the tone for this charming 1948 home. Inside, you'll find spacious living areas filled with natural light, exposed wood floors, and the timeless character that makes historic homes so inviting. Step outside to a fenced backyard with no rear neighbors, offering added privacy, along with a detached two-car garage that provides ample space for storage, a workshop, or hobbies. The exterior also features a covered utility and laundry area with a recently installed water heater, as well as a concrete accessibility ramp at the rear of the home for added convenience. Buyers should verify the property's suitability for their intended use.
Location is everything, and this property delivers. Just steps from the Reilly Arts Center and minutes from Ocala's Historic Downtown Square, the North Magnolia Business District, hospitals, shopping, dining, parks, and major transportation corridors, you'll enjoy outstanding accessibility whether you're living, working, or investing.
Investor and business owners will appreciate the property's location within a federally designated Qualified Opportunity Zone, which may provide potential tax advantages to eligible investors. Buyers should consult their tax and legal advisors regarding qualification and available benefits. The property is also located within the North Magnolia Community Redevelopment Area (CRA), where redevelopment incentives and improvement programs may be available for qualifying projects.
All furnishings and personal property currently on-site—including furniture, rugs, lamps, wall décor, and other household items—may convey with an acceptable terms. Alternatively, the seller can have the property cleared prior to closing if preferred by the buyer.
Whether you're searching for a charming historic home, professional office space, income-producing rental, investment property, or future redevelopment opportunity, this versatile Downtown Ocala property offers exceptional potential in one of the city's most desirable and rapidly growing locations. Schedule your private showing today.
Location
State FL
County Marion
Community Palmers Add
Area 34470 - Ocala
Zoning RO
Interior
Interior Features Ceiling Fans(s), Primary Bedroom Main Floor, Thermostat
Heating Central, Electric
Cooling Central Air
Flooring Laminate, Tile, Wood
Furnishings Negotiable
Fireplace false
Appliance Range, Refrigerator
Laundry Electric Dryer Hookup, Outside, Washer Hookup
Exterior
Exterior Feature Sidewalk, Storage
Garage Spaces 2.0
Fence Chain Link
Utilities Available Electricity Connected, Sewer Connected, Water Connected
View Y/N No
Water Access No
Roof Type Shingle
Porch Front Porch
Attached Garage false
Exposure East
Garage true
Private Pool No
Building
Lot Description Cleared
Story 1
Entry Level One
Foundation Pillar/Post/Pier
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Unit Floor 1
Structure Type Metal Siding,Other
New Construction false
Construction Status Completed
Schools
Elementary Schools Wyomina Park Elementary School
Middle Schools Fort King Middle School
High Schools Vanguard High School
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/OM729195
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