721 NE 2nd St Ocala, FL 34470
Downtown Ocala NeighborhoodEstimated payment $1,655/month
Highlights
- The property is located in a historic district
- Wood Flooring
- No HOA
- Vanguard High School Rated A-
- High Ceiling
- Covered Patio or Porch
About This Home
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.
Listing Agent
CRYSTAL SNOOK REAL ESTATE Brokerage Phone: 352-630-5270 License #3116024 Listed on: 04/22/2025
Co-Listing Agent
CRYSTAL SNOOK REAL ESTATE Brokerage Phone: 352-630-5270 License #3507859
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,575
Year Built
- Built in 1918
Lot Details
- 0.34 Acre Lot
- Lot Dimensions are 70x214
- South Facing Home
- Cleared Lot
- Historic Home
- Property is zoned R3
Home Design
- Fixer Upper
- Pillar, Post or Pier Foundation
- Shingle Roof
- Wood Siding
Interior Spaces
- 2,451 Sq Ft Home
- 2-Story Property
- High Ceiling
- Living Room
- Wood Flooring
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Full Bathrooms
Schools
- Wyomina Park Elementary School
- Fort King Middle School
- Vanguard High School
Utilities
- No Cooling
- No Heating
Additional Features
- Covered Patio or Porch
- The property is located in a historic district
Community Details
- No Home Owners Association
- Caldwells Add Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 45 / 45
- Assessor Parcel Number 2820-045-006
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,575 | $219,745 | $33,322 | $186,423 |
| 2023 | $4,575 | $168,300 | $0 | $0 |
| 2022 | $3,111 | $153,000 | $14,810 | $138,190 |
| 2021 | $3,016 | $143,438 | $14,810 | $128,628 |
| 2020 | $2,419 | $133,875 | $14,810 | $119,065 |
| 2019 | $2,203 | $119,340 | $17,850 | $101,490 |
| 2018 | $2,336 | $128,520 | $17,850 | $110,670 |
| 2017 | $2,275 | $123,165 | $17,850 | $105,315 |
| 2016 | $2,203 | $117,810 | $0 | $0 |
| 2015 | $2,034 | $107,100 | $0 | $0 |
| 2014 | $1,893 | $107,100 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/01/2025 08/01/25 | For Sale | $239,000 | 0.0% | $98 / Sq Ft |
| 07/31/2025 07/31/25 | Off Market | $239,000 | -- | -- |
| 07/22/2025 07/22/25 | Price Changed | $239,000 | -11.2% | $98 / Sq Ft |
| 05/27/2025 05/27/25 | Price Changed | $269,000 | -6.9% | $110 / Sq Ft |
| 05/15/2025 05/15/25 | Price Changed | $289,000 | 0.0% | $118 / Sq Ft |
| 05/15/2025 05/15/25 | For Sale | $289,000 | -12.4% | $118 / Sq Ft |
| 04/25/2025 04/25/25 | Pending | -- | -- | -- |
| 04/22/2025 04/22/25 | For Sale | $330,000 | +73.7% | $135 / Sq Ft |
| 04/10/2023 04/10/23 | Sold | $190,000 | -22.4% | $75 / Sq Ft |
| 04/09/2023 04/09/23 | Pending | -- | -- | -- |
| 04/05/2023 04/05/23 | Price Changed | $245,000 | -7.5% | $97 / Sq Ft |
| 04/02/2023 04/02/23 | Price Changed | $265,000 | -5.4% | $105 / Sq Ft |
| 03/17/2023 03/17/23 | Price Changed | $280,000 | -5.1% | $110 / Sq Ft |
| 03/14/2023 03/14/23 | For Sale | $295,000 | +63.9% | $116 / Sq Ft |
| 06/30/2021 06/30/21 | Sold | $180,000 | -9.5% | $71 / Sq Ft |
| 06/14/2021 06/14/21 | Pending | -- | -- | -- |
| 06/11/2021 06/11/21 | Price Changed | $199,000 | -5.2% | $79 / Sq Ft |
| 04/06/2021 04/06/21 | Price Changed | $209,900 | -19.2% | $83 / Sq Ft |
| 04/01/2021 04/01/21 | For Sale | $259,900 | -- | $103 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $190,000 | New Beginnings Title Company | |
| Warranty Deed | $180,000 | Equitable Title Of Ocala Llc | |
| Warranty Deed | -- | Epic Title Llc | |
| Special Warranty Deed | $55,600 | Attorney | |
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | $55,600 | Attorney | |
| Special Warranty Deed | $55,200 | Attorney | |
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | -- | Attorney | |
| Special Warranty Deed | $59,000 | Attorney | |
| Interfamily Deed Transfer | -- | Attorney | |
| Deed | $15,300 | Attorney | |
| Special Warranty Deed | $66,300 | Attorney | |
| Special Warranty Deed | $68,800 | Attorney | |
| Deed | $68,800 | None Available | |
| Deed | $66,300 | None Available | |
| Corporate Deed | $63,000 | Bay Title & Escrow Company | |
| Trustee Deed | -- | Attorney | |
| Warranty Deed | $218,400 | Affiliated Title | |
| Warranty Deed | $155,100 | Affiliated Title | |
| Interfamily Deed Transfer | -- | Safetitle Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $252,200 | New Conventional | |
| Previous Owner | $43,670 | Stand Alone Second | |
| Previous Owner | $174,680 | Purchase Money Mortgage | |
| Previous Owner | $110,000 | New Conventional | |
| Previous Owner | $77,000 | Unknown |
Source: Stellar MLS
MLS Number: OM699837
APN: 2820-045-006
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
- 205 NE Sanchez Ave
- 609 NE 2nd St
- 223 NE Tuscawilla Ave
- 114 NE Tuscawilla Ave
- 103 SE Tuscawilla Ave
- 430 NE 9th Ave
- 302 SE Broadway St Unit 240
- 302 SE Broadway St Unit 330
- 129 SE Watula Ave
- 942 E Silver Springs Blvd
- 137 SE Watula Ave
- 141 SE Watula Ave
- 44 SE 9th Terrace
- 904 SE 2nd St
- 114 NE 11th Ave
- 6645 45 Ne 5th St Unit C16
- TBD NW 6th Place
- 0 NW 7th St Unit MFRS5133194
- 308 NE 12th Ave
- 415 SE 1st Ave Unit 103
- 219 NE Tuscawilla Ave
- 114 NE Tuscawilla Ave
- 840 NE 3rd St Unit 200
- 829 NE 3rd St Unit B
- 829 NE 3rd St Unit A
- 829 NE 3rd St Unit C
- 32 SE 9th Ave Unit 2
- 965 NE 2nd St Unit 2
- 965 NE 2nd St Unit 1
- 1023 NE 2nd St Unit 3
- 917 SE 3rd St Unit Flat300
- 412 SE Wenona Ave
- 1010 NE 8th Ave
- 922 SE 8th St
- 129 SE 13th Ave
- 123 SE 13th Ave
- 137 SE 13th Ave
- 143 SE 13th Ave
- 900 SE 8th St
- 616 SE 11th St Unit 7