Property Description

Income-producing opportunity in a high-demand rental pocket of Ocala — this well-maintained single-family residence at 829 NE 3rd Street is currently producing $3,675 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 with well-lit bedrooms, while the kitchens are upgraded with granite countertops, modern cabinetry, and stainless steel appliances, 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.

Included Appliances

CooktopDryerMicrowaveRefrigeratorWasher

Property Details

Interior

Appliances

CooktopDryerMicrowaveRefrigeratorWasher

Bathrooms Total Decimal

3

Building Area Total

1676

Cooling

Wall/Window Unit(s)

Flooring

Laminate

Furnished

Unfurnished

Heating

Wall Units / Window Unit

Interior Features

Ceiling Fan(s)Walk-In Closet(s)

Laundry Features

Laundry Room

Living Area

1676

Rooms Total

8

Construction

Building Area Source

Public Records

Building Area Units

Square Feet

Construction Materials

Wood Frame

Direction Faces

Northeast

Foundation Details

Concrete Perimeter

Levels

One

Living Area Source

Public Records

Living Area Units

Square Feet

Roof

Shingle

Stories Total

Yes

Year Built

1938

Site & Exterior

Exterior Features

Private Yard

Flood Zone Code

AE

I D X Participation

Yes

Lot Size Acres

0.1

Lot Size Area

4356

Lot Size Dimensions

53 x 85

Lot Size Square Feet

4356

Lot Size Units

Square Feet

Public Survey Range

22E

Public Survey Section

17

Road Surface Type

Paved

Sewer

Public Sewer

Total Acreage

0 to less than 1/4

Utilities

Public

Water Source

Public

Zoning

R3

Financials

Calculated List Price By Calculated Sq Ft

253.58

Contract Status Change Date

2026-04-28

Currency Monthly Rent Amt

3675

Current Price

425000

Feed Types

BBO

Lease Considered

Yes

Minimum Lease

No Minimum

Ownership

Fee Simple

Parcel Number

2826024002

Public Survey Township

15S

Tax Annual Amount

2072.29

Tax Book Number

E-008SMITH

Tax Legal Description

SEC 17 TWP 15 RGE 22 PLAT BOOK E PAGE 008 SMITH & DAUGHERTY ADD OCALA E 53 FT OF LOT 24

Tax Lot

24

Tax Year

2025

Neighborhood & Lifestyle

Community & Association

Additional Lease Restrictions

BUYER AND BUYER'S AGENT ARE RESPONSIBLE TO VERIFY LEASE RESTRICTIONS WITH THE HOA.

M L S Area Major

34470 - Ocala

Pet Restrictions

BUYER AND BUYER'S AGENT ARE RESPONSIBLE TO VERIFY PET RESTRICTIONS WITH THE HOA.

Pets Allowed

Cats OKDogs OK

Subdivision Name

SMITH & DAUGHERTYS ADD/CITY/O

Schools

Ratings

Elementary

Eighth Street Elem. School

Middle

Osceola Middle School

High

Vanguard High School

Listing provided courtesy of STELLAR via IDX. Updated: Jun 3, 2026, 2:53pm.

829 NE 3RD STREET

829 NE 3RD STREET

Property Description

Property Details

Interior

Construction

Site & Exterior

Financials

Neighborhood & Lifestyle

Community & Association

Schools

Tatuli Kotchlamazashvili

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829 NE 3RD STREET

829 NE 3RD STREET

Property Description

Property Details

Interior

Construction

Site & Exterior

Financials

Neighborhood & Lifestyle

Community & Association

Schools

Tatuli Kotchlamazashvili