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829 NE 3rd Street

OCALA, FL 34470
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Bed 4

Bed

Bath 3

Bath

SqFt1,676

Sqft

Acres0.10

Acre(Lot)

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 ten ant 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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Detail Ic Property Details

Property Type : Residential

Price : $425,000

AD Id : 77797463

MLS Id : MFRO6399881

Beds : 4

Lot Size : 0.10 Acre

Living Area Size : 1,676

Year Built : 1938

County : Marion

Subdivision: Smith & Daughertys Add/city/o

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Map

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Feature Features

  • Bedroom Information

    Total Bedroom: 4

    Bathroom Information

    Total Baths: 3 Full Baths: 3

    Interior Features

    Ceiling Fans(s), Walk-In Closet(s) Roof: Shingle Appliances: Cooktop, Dryer, Microwave, Refrigerator, Washer Laundry Features: Laundry Room

    Roofing Information

    Shingle
  • Flooring Information

    Flooring: Laminate Construction Materials: Frame
  • Heating & Cooling

    Heating: Ductless Cooling: Wall/Window Unit(s) WaterSource: Public

  • Building Information

    Year Built: 1938
  • Exterior Features

    Private Yard Construction Materials: Frame Foundation Details: Concrete Perimeter

  • Lot Information

    Lot Dimensions: 53x85 Lot Square Feet: 4356 Lot Acres: 0.1 Lot Size (SqMt): 405

    Property Information

    Property Type: Residential Sub Type: Single Family Residence

  • Listing Price Information

    Original List Price:$450000

  • Tax Information

    Tax Block: 0 Tax Book Number: E-008SMITH Tax Lot: 24 Tax Legal Description: SEC 17 TWP 15 RGE 22 PLAT BOOK E PAGE 008 SMITH & DAUGHERTY ADD OCALA E 53 FT OF LOT 24 Annual Tax: $2072.29 Tax Year: 2025 Parcel Number: 2826-024-002

  • School Information

    Elementary School: Eighth Street Elem. School Junior High School: Osceola Middle School Senior High School: Vanguard High School
  • Utility Information

    Public Sewer: Public Sewer Water Source: Public
  • Location Information

    Subdivision: SMITH & DAUGHERTYS ADD/CITY/O City: OCALA Direction: From E Silver Springs Blvd (SR-40): Head north on NE 8th Ave, turn right onto NE 8th St, then right onto NE 3rd St. Property is on the left.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
331 NE 9 Ave, Ocala, FL, 34470 $105,000 2 1 --
231 NE 28th Ave Unit 103, Ocala, FL, 34470 $185,900 3 3 1,401 1,401 SqFt
1220 NE 16th Avenue, Ocala, FL, 34470 $349,990 3 2 2,084 2,084 SqFt
570 NE 70th Terrace, Ocala, FL, 34470 $160,000 3 2 1,344 1,344 SqFt
6867 NE 5th Street, Ocala, FL, 34470 $179,000 2 2 920 920 SqFt
6832 NE 3rd Place, Ocala, FL, 34470 $209,900 2 2 1,092 1,092 SqFt
6750 NE 1st Place, Ocala, FL, 34470 $120,000 2 2 1,056 1,056 SqFt
105 NE 66th Court, Ocala, FL, 34470 $146,000 3 2 1,152 1,152 SqFt
6571 NE 1st Place, Ocala, FL, 34470 $169,900 2 2 1,152 1,152 SqFt
6485 NE 2nd Street, Ocala, FL, 34470 $119,000 2 2 1,338 1,338 SqFt
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ByOwner last updated this listing 06/06/2026 @ 06:20

MLS: MFRMLS #O6399881 LISTED BY: Tatuli Kotchlamazashvili, ALPHA EQUITY REALTY & MANAGEMENT INC 407-789-1002 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)

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