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2837 NE 3RD STREET UNIT 203

Condo/Co-op Active With Contract
$135,000

BTC: 2.12314225

ETH: 70.95404280

63 days
2 bds
2 ba
1,148 sqft

Overview

Under contract-accepting backup offers. Discover the perfect blend of mid-century charm and modern convenience in the highly desirable Three Kings Condos, where units are rarely available. This beautifully updated 2-bedroom, 2-bath condo is ideally located in one of Ocala's most walkable areas - just minutes from banks, grocery stores, pharmacies, restaurants, and Ocala's premier public golf course. Inside, you'll find a bright, airy split floor plan featuring ceramic tile flooring throughout the main living areas and luxury vinyl flooring in both bedrooms. Large windows and expansive sliding glass doors fill the home with natural light and open to a spacious private balcony, perfect for relaxing or entertaining. the recently remodeled kitchen combines style and functionality with high-definition laminate countertops, wood cabinetry, and newer appliances, including a range, built-in microwave, dishwasher and refrigerator. A built-in desk area adds convenience for remote work or everyday organization. Investor Alert: this is a true turnkey opportunity in a community where inventory is limited. The condo comes with a long-term tenant already in place under a new one-year lease at $1,400/month, providing immediate income. With an estimated ROI of 9%+ at current list price, it's an excellent option to add to your portfolio or start your investment journey. Low-maintenance and easy to own, this is a rare chance to secure an income-producing property in the sought-after Three Kings Condo.

Location

Details

Type:
Residential
Parking:
Assigned
Year Built:
1972
Lot:
0.04 Acres
Heating:
Central / Electric
Price/sqft:
$118
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$125,000
$92K – $133K
Confidence Low
List vs. estimate
$10K above estimate
List $135,000 · +8.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$117
-11.0% vs. city median $132
Based on
10 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$1,703
2025
Pets
Not allowed
All facts and features
  • Flooring

    • Ceramic Tile

    • Luxury Vinyl

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Electric Water Heater

    • Exhaust Fan

    • Microwave

    • Range

    • Range Hood

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    • Open Floorplan

    • Solid Wood Cabinets

    • Split Bedroom

    • Thermostat

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • Assigned

    Property

    • Levels: One

    • Exterior Features: Balcony / Sidewalk / Sliding Doors / Storage

    Lot

    • Lot: 0.04 Acres

    Other Property Information

    • Parcel Number: 2812020300

    • Zoning: R3

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • BB/HS Internet Available

    • Cable Connected

    • Electricity Connected

    • Fiber Optics

    • Street Lights

    • Water Connected

  • Other financial information

    • Annual tax amount: $1,703

  • Source details

    • MLS ID: OM722500

    Other facts

    • Construction Materials: Block / Concrete

    • Foundation Details: Slab

    • Laundry Features: Common Area / Same Floor As Condo Unit

    • Lot Features: City Lot / Near Public Transit

    • Patio And Porch Features: Covered / Front Porch / Patio

    • Direction Faces: South

    • Architectural Style: Mediterranean

    • Living Area: 1148

    • Water Source: Public

    • Subdivision Name: THE THREE KINGS CONDOMINIUM

Private inquiry
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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: SOUTHERN CHARM REALTY OF CF