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Active Residential

34 NW 21ST PLACE

Ocala, FL 34475

STELLAR #TB8498558 Updated: Apr 18, 2026, 9:38am
$475,000
0 Beds • 0 Baths • 2,695 SqFt
Property
ActiveResidential
1/33
$475,000

34 NW 21ST PLACE

Ocala, FL 34475
0
Beds
0
Baths
2,695
SqFt
0.23
Acres
STELLAR
#TB8498558
Updated: Apr 18, 2026, 9:38am

Property Description

Income-producing 4-unit multifamily property with strong cash flow and value-add potential in Ocala. This property features a desirable unit mix of two 2-bedroom/1-bath units and two 1-bedroom/1-bath units, offering flexibility and consistent rental demand. One unit has been renovated with updated kitchen, bathroom, and vinyl flooring, while the remaining units provide an excellent opportunity for future upgrades and increased rental income.

Major updates include a NEW ROOF (2025) and ongoing maintenance, with landscaping serviced weekly. All units are currently rented, providing immediate income. Tenant-paid utilities include electricity, sewer, and trash, with owner only responsible for water (approximately $120/month), helping maximize net returns.

Lease structure offers both stability and upside, with two long-term leases in place and additional opportunity to adjust rents as units turn. Section 8 tenants in place provide consistent and reliable income. NO HOA.

Ideal for investors seeking a stabilized asset with immediate cash flow and the ability to further increase returns through strategic improvements.
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Property Details

Interior
Cooling
Central Air
Heating
Central
Interior Features
Open Floorplan
Laundry Features
Inside
Living Area
2695
Construction
Building Area Units
Square Feet
Construction Materials
Block
Foundation Details
Slab
Living Area Source
Public Records
Living Area Units
Square Feet
Roof
Shingle
Year Built
1981
Site & Exterior
Exterior Features
Private Entrance
Flood Zone Code
AE
I D X Participation
Yes
Lot Size Acres
0.23
Lot Size Area
10019
Lot Size Dimensions
100 x 100
Lot Size Square Feet
10019
Lot Size Units
Square Feet
Public Survey Range
22E
Public Survey Section
05
Road Surface Type
Asphalt
Sewer
Septic Tank
Total Acreage
0 to less than 1/4
Utilities
Electricity ConnectedSewer ConnectedWater Connected
Water Source
Public
Zoning
R3
Financials
Calculated List Price By Calculated Sq Ft
176.25
Contract Status Change Date
2026-04-17
Current Price
475000
Feed Types
BBO
Owner Name
CARLOS HUMBERTO ARIAS
Ownership
Fee Simple
Parcel Number
2511012000
Public Survey Township
15S
Tax Annual Amount
4884.98
Tax Block
Park
Tax Book Number
T-070NORTH
Tax Legal Description
SEC 05 TWP 15 RGE 22 PLAT BOOK T PAGE 070 NORTH ROADS PARK LOT 12
Tax Lot
12
Tax Year
2025

Neighborhood & Lifestyle

Community & Association
M L S Area Major
34475 - Ocala
Subdivision Name
NORTH ROADS PARK
Listing provided courtesy of STELLAR via IDX. Updated: Apr 18, 2026, 9:38am.
Tina White

Listing Agent

EXP REALTY LLC

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