Address
1515 Ne 55th Street, OCALA, FL
Price
$ 198,900
Property Attributes
  • MLS#OM712776
  • TypeSingle Family
  • Listing Status Active
  • CountyMarion
  • CityOCALA
  • AreaOcala
  • NeighborhoodOCALA TERRACE
  • Zip34479
  • StyleRanch
  • Year Built1948
  • Taxes$ 745
  • Price$ 198,900
  • Bedrooms3
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage1035
  • Lot Size0.24 Acres
Data Source:
Stellar MLS
Property Description

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.

Elementary School Middle School High School
Ocala Springs Elem. School Elementary School Howard Middle School Middle School Vanguard High School High School
Price History
12/19/2025 Listed $220,000
3/26/2026 5$209,900
6/18/2026 5$198,900

General Features

Sewer Private Sewer
Heating Central,Electric
Cooling Central Air
Utilities Electricity Connected,Private,Sewer Connected,Water Connected
Possession Close Of Escrow,Negotiable
Roof Metal
Appliances Cooktop,Freezer,Microwave,Refrigerator
Zoning R1
Patio/Porch Features Deck
Architectural Style Ranch
Construction Materials Asbestos,Other
Year Built 1948
Levels One
Property Subtype Single Family Residence
Tax Year 2024
Ownership Fee Simple
County Marion
New Construction false
Property Type Residential
Attached Garage false
Subdivision Name OCALA TERRACE
Facing Direction South
Garage Y/N false
Other Structures Shed(s),Storage
Total Rooms 3
Full Baths 1
Status Active
Directions Take 441 north to hwy 326 go right to jacksonville road go right 2 miles house is on right at 55 street.
High School Vanguard High School
City OCALA
Senior Community Y/N false
MLS Area 34479 - Ocala
Lot Size Units Square Feet
Lot Size Square Feet 10454
Carport Spaces 1
Carport Y/N true
Listing Terms Cash,Conventional,FHA,VA Loan
Elementary School Ocala Springs Elem. School
Land Lease Y/N false
Tax Annual Amount 745.11
Home Warranty Y/N false
Middle/Junior High School Howard Middle School
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/OM712776
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Tax Lot 4
Legal Description 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
Minimum Lease No Minimum
Water Access Y/N false
Additional Rooms Bonus Room,Den/Library/Office,Inside Utility
ILS Total SQFT 351.7
Water View Y/N false
Flood Zone Code X
In Law Suite YN true
In Law Suite Description 1 Bathroom,Kitchenette,Studio
Flood Zone Code X Yes

Interior Features

Interior Amenities Ceiling Fan(s),Eating Space In Kitchen,Kitchen/Family Room Combo,Living Room/Dining Room Combo,Primary Bedroom Main Floor
Flooring Vinyl
Furnished Y/N Unfurnished
Total Stories 1
Common Walls Corner Unit
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds
Fireplace Y/N false
Laundry Features Inside,Laundry Closet,Washer Hookup
Total Bedrooms 3
LivingAreaSource Public Records
Total Baths 1

Exterior Features

Exterior Amenities Garden,Other,Private Mailbox,Storage
Fencing Wood
Parking Features Driveway,Ground Level
Lot Features Cleared,Corner Lot,In County,Landscaped,Level
Water Source Private,Well
Lot Size Area 10454
Foundation Details Crawlspace
Building Area Total 1035
Lot Dimensions 81 x 131
Lot Size Acres 0.24
Road Surface Type Paved,Asphalt
Private Pool false
Waterfront Y/N false
Covered Spaces 1
Road Frontage Type Street Paved

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 34479

Price
AVG $330K
$200K
Taxes
AVG $2,756
$745
Year Built
AVG 1988
1948
Listed By
EXP REALTY LLC with 888-883-8509. - 888-883-8509

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Type
Single Family
Size
1,404 SqFt
Rooms
3 Beds + 1.5 Baths

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