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1515 NE 55TH STREET

House For Sale
$198,900

BTC: 3.07323857

ETH: 104.53895640

-$21K (2026/06/18)
286 days
3 bds
1 ba
1,035 sqft

Overview

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.

Location

Florida OCALA 34479 House For Sale

Details

Type:
Residential
Parking:
Driveway / Ground Level
Year Built:
1948
Lot:
0.24 Acres
Heating:
Central / Electric
Price/sqft:
$192
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$137,000
$68K – $199K
Confidence Low
List vs. estimate
$61K above estimate
List $198,900 · +45.2%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$192
+7.7% vs. city median $178
Based on
10 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$745
2024
All facts and features
  • Flooring

    • Vinyl

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Cooktop

    • Freezer

    • Microwave

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    • Eating Space In Kitchen

    • Kitchen/Family Room Combo

    • Living Room/Dining Room Combo

    • Primary Bedroom Main Floor

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 1

  • Parking

    • Driveway

    • Ground Level

    Property

    • Levels: One

    • Exterior Features: Garden / Other / Private Mailbox / Storage

    Lot

    • Lot: 0.24 Acres

    Other Property Information

    • Parcel Number: 1511001006

    • Zoning: R1

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Electricity Connected

    • Private

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $745

  • Source details

    • MLS ID: OM712776

    Other facts

    • Construction Materials: Asbestos / Other

    • Foundation Details: Crawlspace

    • Laundry Features: Inside / Laundry Closet / Washer Hookup

    • Lot Features: Cleared / Corner Lot / In County / Landscaped / Level

    • Patio And Porch Features: Deck

    • Window Features: Blinds

    • Direction Faces: South

    • Other Structures: Shed(s) / Storage

    • Architectural Style: Ranch

    • Living Area: 1035

    • Water Source: Private / Well

    • Lot Size Dimensions: 81 x 131

    • Subdivision Name: OCALA TERRACE

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: EXP REALTY LLC