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.
109 days
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218
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13
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Zillow last checked:
Listing updated:
Listed by:
Dawn Padot352-207-0005,
HOMERUN REALTY352-624-0935
Source: Stellar MLS,MLS#: OM721333Originating MLS: Ocala - Marion
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 4
Rooms
Room types: Utility Room
Heating
Central
Cooling
Central Air
Appliances
Included: Dryer, Range, Refrigerator, Washer
Laundry: Inside
Features
Ceiling Fan(s), Eating Space In Kitchen, Thermostat
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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