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Cooper HomeFront Realty
829 Ne 3rd Street, Ocala, FL 34470
- $399,000
- 4
- BD
- 3
- BA
- 1,676
- SqFt
- List Price
- $399,000
- Status
- Active
- Days on Market
- 66
- MLS#
- O6430712
- Property Style
- Triplex
- Year Built
- 1938
- Bedrooms
- 4
- Bathrooms
- 3
- Living Area
- 1,676
- Lot Size
- 4,356
- Acres
- 0.10
- Total Acreage
- 0 to less than 1/4
- Legal Subdivision Name
- Smith & Daughertys Add/City/O
- MLS Area Major
- Ocala
Property Description
Income-producing LEGAL TRIPLEX in a high-demand rental pocket of Ocala 829 NE 3rd Street is currently producing $3,770 in total monthly rent, offering a compelling blend of immediate cash flow and long-term upside. Positioned just minutes from downtown, the property sits on a spacious, tree-lined lot that consistently attracts tenants seeking both convenience and a quiet residential setting. Each unit features functional layouts, supporting strong rental appeal and tenant retention. A dedicated on-site laundry area adds additional convenience and operational efficiency. With durable interior finishes and broad tenant appeal, the property is well-positioned to minimize turnover and support stable occupancy. For investors, the opportunity lies in rent optimization and continued market appreciation, with potential to increase returns through strategic management and incremental improvements. Whether you're looking for a cash-flowing asset today or a value-add play with upside, this triplex delivers a strong foundation for both income and growth.
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Additional Information
- Taxes
- $2072
- Minimum Lease
- No Minimum
- Annual Gross Income
- 45240
- Community Features
- No Deed Restriction
- Property Description
- One Story
- Zoning
- R3
- Interior Layout
- Built-in Features, Ceiling Fans(s)
- Interior Features
- Built-in Features, Ceiling Fans(s)
- Utilities
- Public
- Heating
- Electric
- Air Conditioning
- Wall/Window Unit(s)
- Exterior Construction
- Frame
- Exterior Features
- Fence
- Roof
- Shingle
- Foundation
- Concrete Perimeter
- Pool
- No Pool
- Elementary School
- Eighth Street Elem. School
- Middle School
- Osceola Middle School
- High School
- Vanguard High School
- Flood Zone Code
- AE
- Parcel ID
- 2826-024-002-0
- Legal Description
- SEC 17 TWP 15 RGE 22 PLAT BOOK E PAGE 008 SMITH & DAUGHERTY ADD OCALA E 53 FT OF LOT 24
Listing courtesy of ALPHA EQUITY REALTY & MANAGEMENT INC. 407-789-1002
Find Out What Your Home May Be Worth
Your home's value depends on more than an automated estimate. Recent sales, current competition, property condition, location, neighborhood activity and competing new construction can all influence what buyers may be willing to pay.
Use the home valuation tool above for an initial estimate. If you're considering selling, Cooper HomeFront Realty can also provide a more detailed market analysis based on your specific property and current local market conditions.
Serving homeowners throughout Clermont, Minneola, Groveland, Winter Garden, Mascotte and surrounding Central Florida communities.
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