$198,900

1515 NE 55TH STREET, Ocala, FL 34479

3 beds |
1 bath |
1,035 sqft

Single-Family Home
Built in 1948
10,454sqft lot
—— car garage
$192/sqft
Listed 9 months ago

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.

Listing Status:: Active
Date Added:: November 3, 2025
Data Last Updated:: July 28, 2026 at 2:23AM
Listing Office:: EXP REALTY LLC : 888-883-8509
Listing Agent:: Elle Woolley : 818-808-6870
MLS ID:: OM712776

General: Ceiling Fans(s)Eat-in KitchenKitchen/Family Room ComboLiving Room/Dining Room ComboPrimary Bedroom Main Floor
Rooms: Bonus RoomDen/Library/OfficeInside Utility
Appliances: CooktopFreezerMicrowaveRefrigerator
Laundry: InsideLaundry ClosetWasher Hookup
Flooring: Vinyl
A/C: Central Air
Heating: CentralElectric

General: GardenOtherPrivate MailboxStorage
Style: Ranch
Other Structures: Shed(s)StorageDeck
Parking: DrivewayGround Level

Roofing: Metal
Windows: Blinds
General: AsbestosOtherOneCrawlspace

Road/Access: Asphalt
Originating MLS: Stellar MLS
County: Marion

Zoning: R1SEC 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 POB1511-001-006
Fencing: Wood

Utilities: Electricity ConnectedPrivateSewer ConnectedWater Connected
Water: PrivateWell
Sewer: Private Sewer

Source: Stellar MLS
Ownership: Fee Simple

This listing courtesy of Elle Woolley , EXP REALTY LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.