OCALA, FL 34470 829 NE 3RD STREET
$425,000



14 more














Presented By: ALPHA EQUITY REALTY & MANAGEMENT INC with 407-789-1002. - 407-789-1002
Home Details
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.
Presented By: ALPHA EQUITY REALTY & MANAGEMENT INC with 407-789-1002. - 407-789-1002
Interior Features for 829 NE 3RD STREET
Bedrooms
Total Bedrooms4
Bathrooms
Half Baths0
Total Baths3
Other Interior Features
LivingAreaSourcePublic Records
Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringLaminate
Furnished Y/NUnfurnished
Heating Y/NYes
Interior AmenitiesCeiling Fan(s), Walk-In Closet(s)
Laundry FeaturesLaundry Room
Total Stories1
General for 829 NE 3RD STREET
Additional Parcels Y/NNo
AppliancesCooktop, Dryer, Microwave, Refrigerator, Washer
Building Area UnitsSquare Feet
Carport Y/NNo
CityOCALA
Construction MaterialsWood Frame
CoolingWall/Window Unit(s)
CountyMarion
DirectionsFrom 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.
Elementary SchoolEighth Street Elem. School
Facing DirectionNortheast
Flood Zone CodeAE
Full Baths3
Garage Y/NNo
HeatingWall Units / Window Unit
High SchoolVanguard High School
Land Lease Y/NNo
Lease Considered Y/NYes
Legal DescriptionSEC 17 TWP 15 RGE 22 PLAT BOOK E PAGE 008 SMITH & DAUGHERTY ADD OCALA E 53 FT OF LOT 24
LevelsOne
Listing TermsCash, Conventional, Other
Living Area UnitsSquare Feet
Lot Size Square Feet4356
Lot Size UnitsSquare Feet
MLS Area34470 - Ocala
Middle/Junior High SchoolOsceola Middle School
Minimum LeaseNo Minimum
New ConstructionNo
Occupancy TypeTenant
OwnershipFee Simple
Pets AllowedCats OK, Dogs OK
Property SubtypeSingle Family Residence
Property TypeResidential
RoofShingle
STELLAR_InLawSuiteYNNo
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameSMITH & DAUGHERTYS ADD/CITY/O
Tax Annual Amount2072.29
Tax Lot24
Tax Year2025
Total Rooms8
UtilitiesPublic
Water Access Y/NNo
Water View Y/NNo
Year Built1938
ZoningR3
Exterior for 829 NE 3RD STREET
Building Area Total1676
Exterior AmenitiesPrivate Yard
Foundation DetailsConcrete Perimeter
Lot Dimensions53 x 85
Lot Size Acres0.1
Lot Size Area4356
Private PoolNo
Road Surface TypePaved
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Joselyn Abreu
Realtor®
SQFT • 1,676