34 NW 21st Place, Ocala, FL 34475

Ocala
Local realty services provided by:ERA Advantage Realty, Inc.
34 NW 21st Place,Ocala, FL 34475
$475,000
Virtual Tour
  • - Beds
  • - Baths
  • 2,695 sq. ft.
  • Multi-family
  • Active
Listed by: tina white
Office: exp realty llc.
MLS#:TB8498558
Source:MFRMLS

Price summary

  • Price:$475,000
  • Price per sq. ft.:$176.25

About this home

Income-producing 4-unit multifamily property with strong cash flow and value-add potential in Ocala. This property features a desirable unit mix of two 2-bedroom/1-bath units and two 1-bedroom/1-bath units, offering flexibility and consistent rental demand. One unit has been renovated with updated kitchen, bathroom, and vinyl flooring, while the remaining units provide an excellent opportunity for future upgrades and increased rental income. Major updates include a NEW ROOF (2025) and ongoing maintenance, with landscaping serviced weekly. All units are currently rented, providing immediate income. Tenant-paid utilities include electricity, sewer, and trash, with owner only responsible for water (approximately $120/month), helping maximize net returns. Lease structure offers both stability and upside, with two long-term leases in place and additional opportunity to adjust rents as units turn. Section 8 tenants in place provide consistent and reliable income. NO HOA. Ideal for...

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Home facts

  • Year built:1981
  • Subdivision & Development:NORTH ROADS PARK
  • Listing ID #:TB8498558
  • Added:118 day(s) ago
  • Updated:August 13, 2026 at 07:38 PM

Rooms and interior

  • Living area:2,695 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1981
  • Building area:2,695 sq. ft.
  • Lot area:0.23 Acres
  • Construction Materials:Block
  • Foundation Description:Slab
  • Levels:1 Story

Utilities

  • Water:Public, Water Connected
  • Sewer:Septic Tank, Sewer Connected

Finances and disclosures

  • Price:$475,000
  • Price per sq. ft.:$176.25
  • Tax amount:$4,885 (2025)

Features and amenities

  • Laundry features:Inside
  • Amenities:Open Floorplan
  • Pool features:Public Pool
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