721 NE 2ND STREET OCALA FL 34470 MLS #OM699837

Renovator’s Dream in the Heart of Ocala
Located in Ocala’s sought-after Historic District, this 1918-built gem turned triplex offers a rare opportunity to own a piece of the city’s 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 you’re 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.