Property Description

Country living meets convenience just minutes from Downtown Ocala! This unique property offers a rare opportunity to own a home with a separate detached studio/in-law suite—an increasingly hard-to-find feature with incredible potential for multi-generational living, guest accommodations, a home office, or future rental income.

The secondary structure is ready for your finishing touches and already includes designated framing for a bathroom and kitchenette, giving you endless possibilities to customize the space to fit your needs.

The main home has seen significant improvements, providing peace of mind for years to come, including a new well (2024), new A/C, ductwork, and heat pump (2022), and a beautiful metal roof (2022). The freshly landscaped, fenced yard creates a welcoming outdoor retreat perfect for entertaining, relaxing, or enjoying warm Florida evenings with family and friends.

Previously operated as a successful Airbnb, the main home has a proven history of income-producing potential. Whether you’re searching for a primary residence, investment property, or a combination of both, this property offers exceptional flexibility and opportunity.

Additional features include a spacious storage shed and a location that’s hard to beat—just 12 minutes from Downtown Ocala, an easy drive to the World Equestrian Center, and approximately 45 minutes to Gainesville via US-301.

Enjoy the best of both worlds: peaceful country surroundings with convenient access to shopping, dining, healthcare, and everyday amenities. Opportunities like this don’t come along often—schedule your private showing today.

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Included Appliances

CooktopFreezerMicrowaveRefrigerator

Property Details

Interior

Additional Rooms

Bonus RoomDen/Library/OfficeInside Utility

Appliances

CooktopFreezerMicrowaveRefrigerator

Bathrooms Total Decimal

Yes

Building Area Total

1035

Cooling

Central Air

Flooring

Vinyl

Furnished

Unfurnished

Heating

CentralElectric

Interior Features

Ceiling Fan(s)Eating Space In KitchenKitchen/Family Room ComboLiving Room/Dining Room ComboPrimary Bedroom Main Floor

Laundry Features

InsideLaundry ClosetWasher Hookup

Living Area

1035

Rooms Total

3

Window Features

Blinds

Construction

Architectural Style

Ranch

Building Area Source

Public Records

Building Area Units

Square Feet

Common Walls

Corner Unit

Construction Materials

AsbestosOther

Direction Faces

South

Foundation Details

Crawlspace

Levels

One

Living Area Source

Public Records

Living Area Units

Square Feet

Roof

Metal

Stories Total

Yes

Year Built

1948

Site & Exterior

Carport Spaces

Yes

Covered Spaces

Yes

Exterior Features

GardenOtherPrivate MailboxStorage

Fencing

Wood

Flood Zone Code

X

I D X Participation

Yes

Lot Features

ClearedCorner LotIn CountyLandscapedLevel

Lot Size Acres

0.24

Lot Size Area

10454

Lot Size Dimensions

81 x 131

Lot Size Square Feet

10454

Lot Size Units

Square Feet

Open Parking

Yes

Other Structures

Shed(s)Storage

Parking Features

DrivewayGround Level

Patio And Porch Features

Deck

Public Survey Range

22E

Public Survey Section

28

Road Frontage Type

Street Paved

Road Surface Type

PavedAsphalt

Sewer

Private Sewer

Total Acreage

0 to less than 1/4

Utilities

Electricity ConnectedPrivateSewer ConnectedWater Connected

Water Source

PrivateWell

Zoning

R1

Financials

Calculated List Price By Calculated Sq Ft

192.17

Contract Status Change Date

2025-11-03

Current Price

198900

Feed Types

BBO

Lease Considered

Yes

Minimum Lease

No Minimum

Owner Name

DAVID SHULTS

Ownership

Fee Simple

Parcel Number

1511001006

Public Survey Township

14S

Tax Annual Amount

745.11

Tax Block

Yes

Tax Book Number

C-005OCALA

Tax Legal Description

SEC 28 TWP 14 RGE 22 PLAT BOOK C PAGE 005 OCALA TERRACE BLK 1 LOT 6 & S 1/2 OF LOT 5 COM NW COR L 4 BLK 1 TH S 13-30-00 W ALG W LINE LOTS 4 & 5 64.51 FT TO POB TH S 75-17-07 E 48.99 FT TH N 89-48-00 W 50.32 FT TO WSTLY LINE L 5 BLK 1 TH N 13-30-00 E ALG W LINE 12.62 FT TO POB EXC COM NW COR L 4 BLK 1 TH S 13-30-00 W ALG W LINE LOTS 4 & 5 64.51 FT TH S 75-17-07 E 48.99 FT TO POB TH S 75-17-07 E 79.99 FT TO WSTLY R/W 200A TH N 13-30-00 E ALG R/W LINE 20.60 FT TH N 89-48-00 W 82.18 FT TO POB

Tax Lot

4

Tax Year

2024

Neighborhood & Lifestyle

Community & Association

M L S Area Major

34479 - Ocala

Subdivision Name

OCALA TERRACE

Schools

Ratings

Elementary

Ocala Springs Elem. School

Middle

Howard Middle School

High

Vanguard High School

Listing provided courtesy of STELLAR via IDX. Updated: Jun 18, 2026, 8:53pm.

1515 NE 55TH STREET

1515 NE 55TH STREET

Property Description

Property Details

Interior

Construction

Site & Exterior

Financials

Neighborhood & Lifestyle

Community & Association

Schools

Elle Woolley

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1515 NE 55TH STREET

1515 NE 55TH STREET

Property Description

Property Details

Interior

Construction

Site & Exterior

Financials

Neighborhood & Lifestyle

Community & Association

Schools

Elle Woolley