Residential Property - Single Family Residence in Ocala
Listing Price: $198,900 (Mortgage Calculator →)
Description of Property
Country living meets convenience just minutes from Downtown Ocala! This unique property offers a rare opportunity to own a home with a separate detached studio/in-law suite—an increasingly hard-to-find feature with incredible potential for multi-generational living, guest accommodations, a home office, or future rental income. The secondary structure is ready for your finishing touches and already includes designated framing for a bathroom and kitchenette, giving you endless possibilities to customize the space to fit your needs. The main home has seen significant improvements, providing peace of mind for years to come, including a new well (2024), new A/C, ductwork, and heat pump (2022), and a beautiful metal roof (2022). The freshly landscaped, fenced yard creates a welcoming outdoor retreat perfect for entertaining, relaxing, or enjoying warm Florida evenings with family and friends. Previously operated as a successful Airbnb, the main home has a proven history of income-producing potential. Whether you’re searching for a primary residence, investment property, or a combination of both, this property offers exceptional flexibility and opportunity. Additional features include a spacious storage shed and a location that’s hard to beat—just 12 minutes from Downtown Ocala, an easy drive to the World Equestrian Center, and approximately 45 minutes to Gainesville via US-301. Enjoy the best of both worlds: peaceful country surroundings with convenient access to shopping, dining, healthcare, and everyday amenities. Opportunities like this don’t come along often—schedule your private showing today.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Ocala
County: Marion
Subdivision: Ocala Terrace
Bedrooms: 3
Bathrooms: 1
Sq. Ft. Gross: 1,035
Sq. Ft. Living Area: 1,035
Cost per (heated) sqare foot: $192
Year built: 1948
Annual Tax: $745
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: Refrigerator
Window Features: Blinds
Additional Rooms: Inside Utility
Flooring: Vinyl
Schools
Elementary School: Ocala Springs Elem. School
Middle/Junior High School: Howard Middle School
High School: Vanguard High School
Pool & Waterfront Info
Private Pool: Not specified
Exterior & Construction
Architectural Style: Ranch
Construction: Other
Foundation: Crawlspace
Roof: Metal
Exterior Features: Storage
Carport: Yes
Carport Spaces: 1
Parking Features: Ground Level
Floors Total: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Electric
Patio & Porch Features: Deck
Other Structures: Storage
Fencing: Wood
Sewer: Private Sewer
Water Source: Well
Lot Information
Lot Features: Level
Lot Size (acres): 0.24
Lot Size (sq. ft.): 10,454 square feet
Lot Dimensions: 81 x 131
Road Frontage: Street Paved
Front Exposure: South
Legal Description & Other Information
Financing Available: VA Loan
Parcel Number: 1511001006
Zoning: R1
Tax Legal Desc.: SEC 28 TWP 14 RGE 22 PLAT BOOK C PAGE 005 OCALA TERRACE BLK 1 LOT 6 & S 1/2 OF LOT 5 COM NW COR L 4 BLK 1 TH S 13-30-00 W ALG W LINE LOTS 4 & 5 64.51 FT TO POB TH S 75-17-07 E 48.99 FT TH N 89-48-00 W 50.32 FT TO WSTLY LINE L 5 BLK 1 TH N 13-30-00 E ALG W LINE 12.62 FT TO POB EXC COM NW COR L 4 BLK 1 TH S 13-30-00 W ALG W LINE LOTS 4 & 5 64.51 FT TH S 75-17-07 E 48.99 FT TO POB TH S 75-17-07 E 79.99 FT TO WSTLY R/W 200A TH N 13-30-00 E ALG R/W LINE 20.60 FT TH N 89-48-00 W 82.18 FT TO POB
Section: 28
Range: 22E
Listing courtesy of EXP REALTY LLC. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.