Property
Beds
4
Full Baths
None
1/2 Baths
None
Year Built
1948
Sq.Footage
1,848
Income-producing duplex nestled in the historic area of Palmetto Park near downtown Ocala, offering both flexibility and immediate rental income in a setting full of character and charm. Whether you are looking for a great investment property or the opportunity to live in one unit while renting out the other, this property delivers. Currently generating $3,100 per month in rental income, with each unit rented at $1,550, this well-maintained property provides strong income potential. Originally built in 1948 and converted to a duplex in 2000, each unit features 2 bedrooms, 2 bathrooms, and approximately 924 square feet of living space. From the moment you arrive, the home welcomes you with bright, tropical colors that create a fun, cheerful, and inviting atmosphere. Its vibrant curb appeal makes it stand out while still blending beautifully with the charm of this historic area. It is clear throughout that the property has been very well cared for, offering a sense of warmth and pride of ownership. Both units have been updated with brand-new central heat and air systems in 2025, providing comfort and efficiency for years to come. Conveniently located within walking distance to 8th Street Elementary and Osceola Middle School, this location offers added convenience that supports strong rental appeal.
Features & Amenities
Interior
-
Other Interior Features
Eat-in Kitchen
-
Total Bedrooms
4
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Central
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Block, Stucco
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.24
-
Property Type
Residential Income
-
Property Sub Type
Duplex
Price
-
Sales Price
$478,000
-
Tax Amount
$4,150
-
Sq. Footage
1, 848
-
Price/SqFt
$258
HOA
-
Association
No
School District
-
Elementary School
Eighth Street Elem. School
-
Middle School
Osceola Middle School
-
High School
Forest High School
Property Features
-
Foundation Details
Pillar/Post/Pier, Slab
-
Ownership
Fee Simple
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
6
-
Water Source
Public
Schedule a Showing
Showing scheduled successfully.
Mortgage calculator
Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.
Your payment
Principal and Interest:
$
Property taxes:
$
HOA fees:
$
Total loan payment:
$
Total interest amount:
$
Location
County
Marion
Elementary School
Eighth Street Elem. School
Middle School
Osceola Middle School
High School
Forest High School
Listing Courtesy of Dawn Padot , HOMERUN REALTY
RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
FOUNDER
Ashley Baillio
Call Ashley today to schedule a private showing.
* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.