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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.
| DAYS ON MARKET | 46 | LAST UPDATED | 3/24/2026 |
|---|---|---|---|
| TRACT | PALMETTO PARK | YEAR BUILT | 1948 |
| COMMUNITY | 34471 - Ocala | COUNTY | Marion |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Eighth Street Elem. School |
|---|---|
| Jr. High School | Osceola Middle School |
| High School | Forest High School |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dryer, Range, Refrigerator, Washer |
| AREA | 34471 - Ocala |
| CONSTRUCTION | Block, Stucco |
| HEAT | Central |
| INTERIOR | Eat-in Kitchen |
| LOT | 10454 sq ft |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | PALMETTO PARK |
| TAXES | 4150 |
| UTILITIES | Electricity Connected |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
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Listing provided by Dawn Padot, HOMERUN REALTY, 352-624-0935
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 5/7/26 9:24 AM PDT.
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