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$198,900

1515 55th Street

Ocala, FL 34479

Listing updated: June 18, 2026 at 6:08 PM ET

Active

Listing courtesy of Exp Realty Llc · Elle Woolley · MLS #OM712776 · Active · 888-883-8509

Beds

Bath

1,035

Sq Ft

0.24

Acres

1948

Built

◆In-law suite◆$192/sqft◆360° tour

Single Family Residence

Property type

1948

Year built

10,454 sqft

Lot size

$192

Price / sq ft

No HOA

HOA dues

194

Days on market

Flood zone

About this home

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.

Estimated monthly payment

Principal & interest$1,006

Property taxes$62

Home insurance (est.)$91

Down payment

20%

$39,780 downRate

6.5%

Term

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history194 days on market

Status: Active
May 9, 2026
Listed$220,000
Nov 3, 2025
Price reduced$198,900

Facts & features

Property type: Residential
Sub type: Single Family Residence
Status: Active
Days on market: 194
Subdivision: Ocala Terrace
County: Marion
Year built: 1948
Living area: 1,035 sq ft
Price/sq ft: $192
Lot size: 10,454 sq ft
Lot category: 0 to less than 1/4
Flood zone: X (12083C0530E)
Annual taxes: $745 (2024)
Parcel #: 1511-001-006
Zoning: R1
MLS #: OM712776

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Interior Details

Bedrooms: 3
Full bathrooms: 1
Flooring: Vinyl
Appliances: Cooktop, Freezer, Microwave, Refrigerator
Interior features: Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Primary Bedroom Main Floor
Laundry: Inside, Laundry Closet, Washer Hookup
Stories / Levels: One
Direction faces: South
In-law suite: Yes

Heating & Cooling

Heating: Central, Electric
Cooling: Central Air

Parking

Attached garage: No
Parking features: Driveway, Ground Level
Carport: Yes

HOA & Financial

Total monthly fees: $0/mo
Total annual fees: $0
CDD: No
Homestead exemption: Yes
Min lease term: No Minimum
Listing terms: Cash, Conventional, FHA, VA Loan
Ownership: Fee Simple
Available for lease: Yes
Lease restrictions: No

Exterior & Construction

Exterior features: Garden, Other, Private Mailbox, Storage
Construction materials: Asbestos, Other
Roof: Metal
Foundation: Crawlspace
Road surface: Asphalt

Utilities

Sewer: Private Sewer
Water source: Private, Well
Utilities: Electricity Connected, Private, Sewer Connected, Water Connected

Schools

ElementaryOcala Springs Elem. SchoolGreatSchools ↗

MiddleAHoward Middle SchoolGreatSchools ↗

High SchoolVanguard High SchoolGreatSchools ↗

Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.

Room Details

Room	Level	Dimensions
Primary Bedroom	First	15x10
Living Room	First	10x15
Kitchen	First	10x12

Listing Details

Listing date: 2025-10-27
On market date: 2025-11-03
Original list price: $220,000
Occupant type: Owner
MLS area: 34479 - Ocala
Listing AOR: Sarasota - Manatee
Status changed: 2026-05-09
Tax legal description: SEC 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 POB

Flood risk

Minimal riskFEMA Zone XPanel 12083C0530E

Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

Take 441 north to hwy 326 go right to jacksonville road go right 2 miles house is on right at 55 street.

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IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of June 18, 2026 at 6:08 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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