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721 NE 2nd Street

Ocala, FL 34470

5 beds
4 baths
2,451 sqft
14,810 sqft lot
$134 per sqft
1918 build
– on site

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 courtesy of STELLAR_MLS / CRYSTAL SNOOK REAL ESTATE

Last checked: Checking… • Last updated Apr 25, 2025 •

MLS# OM699837 —

The Building

Year Built:

1918
New Construction:

false
Architectural Style:

Historical
Construction Materials:

Wood Siding
Levels:

Two
Stories Total:

2
Roof:

Shingle
Foundation Details:

Pillar/Post/Pier
Patio And Porch Features:

Covered
Building Area Total:

2829
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

High Ceilings
Furnished:

Unfurnished
Flooring:

Hardwood
Fireplace:

false

Room Dimensions

Living Area:

2451
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

From Hwy 40 heading east, go north on NE 8th Ave, Turn left on NE 2nd St, home on right
Latitude:

29.188813
Longitude:

-82.130767
Coordinates:

-82.130767, 29.188813

The Property

Parcel Number:

2820045006
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Condition:

Fixer
Property Attached:

true
Lot Features:

Cleared
Lot Size Acres:

0.34
Lot Size Area:

14810
Lot Size SqFt:

14810
Lot Size Dimensions:

70 x 214
Lot Size Units:

Square Feet
Total Acres:

1/4 to less than 1/2
Zoning:

R3
Direction Faces:

South
View:

false
Exterior Features:

Other
Water Source:

Public
Road Responsibility:

Public Maintained Road
Road Surface Type:

Paved
Flood Zone Code:

x
Additional Parcels:

false
Homestead:

false
Lease Restrictions:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Lot:

45
Tax Block:

45
Tax Legal Description:

SEC 17 TWP 15 RGE 22 PLAT BOOK E PAGE 004 CALDWELLS ADD OCALA E 1/3 OF SW 1/4 LOT 45
Tax Book Number:

E-004CALDWEL
Tax Annual Amount:

$4,574.97

Beds

Bedrooms Total:

5

Baths

Total Baths:

4
Total Baths:

4
Full Baths:

4

The Listing

Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/stellar/OM699837
Special Listing Conditions:

None
Home Warranty:

false

Heating & Cooling

Heating:

None
Heating:

false
Cooling:

None
Cooling:

false

Utilities

Utilities:

Electricity Available
Sewer:

Public Sewer

Appliances

Appliances:

Refrigerator
Laundry Features:

None

Schools

Elementary School:

Wyomina Park Elementary School
Middle Or Junior School:

Fort King Middle School
High School:

Vanguard High School

The Community

Subdivision Name:

CALDWELLS ADD
Senior Community:

false
Waterview:

false
Water Access:

false
Waterfront:

false
Spa:

false
Pool Private:

false
Pets Allowed:

Yes
Association:

false
Ownership:

Fee Simple

Parking

Garage:

false
Carport:

false

Monthly cost estimate

Asking price

$330,000

Expense	Monthly cost
Mortgage	$1,767
Taxes	$381
Insurance	$90
Utilities	$212 See report
Total	$2,450/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
4/25/25 Apr 25, 2025	Pending	STELLAR_MLS	$330,000
4/22/25 Apr 22, 2025	Listed / Active	STELLAR_MLS	$330,000	73.7% (36.2% / YR)
4/10/23 Apr 10, 2023		STELLAR_MLS	$190,000	-22.4%

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This house located in Northeast Ocala, Ocala, FL 34470 is currently pending sale for $330,000. 721 NE 2nd Street is a 2,451 square foot house with 5 beds and 4 baths that has been on Estately for 11 days. 721 NE 2nd Street is in the Northeast Ocala neighborhood of Ocala and has a WalkScore® of 71, making it very walkable.

Listing Courtesy of: STELLAR_MLS and CRYSTAL SNOOK REAL ESTATE.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.