$399,000
829 3rd Street
Ocala, FL 34470
Listing updated: August 27, 2026 at 3:13 PM ET
Listing courtesy of Alpha Equity Realty & Management Inc · Tatuli Kotchlamazashvili · MLS #O6430712 · Active · 407-789-1002Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Income-producing LEGAL TRIPLEX in a high-demand rental pocket of Ocala 829 NE 3rd Street is currently producing $3,770 in total monthly rent, offering a compelling blend of immediate cash flow and long-term upside. Positioned just minutes from downtown, the property sits on a spacious, tree-lined lot that consistently attracts tenants seeking both convenience and a quiet residential setting. Each unit features functional layouts, supporting strong rental appeal and tenant retention. A dedicated on-site laundry area adds additional convenience and operational efficiency. With durable interior finishes and broad tenant appeal, the property is well-positioned to minimize turnover and support stable occupancy. For investors, the opportunity lies in rent optimization and continued market appreciation, with potential to increase returns through strategic management and incremental improvements. Whether you're looking for a cash-flowing asset today or a value-add play with upside, this triplex delivers a strong foundation for both income and growth.
Estimated monthly payment
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 history9 days on market
- Status: ActiveAug 18, 2026
- Listed$399,000Aug 18, 2026
- Price increased$399,000
Facts & features
- Property type
- Residential Income
- Sub type
- Triplex
- Status
- Active
- Days on market
- 9
- Subdivision
- Smith & Daughertys Add/City/O
- County
- Marion
- Year built
- 1938
- Living area
- 1,676 sq ft
- Price/sq ft
- $238
- Lot size
- 4,356 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- AE (12083C0509E)
- Annual taxes
- $2,072 (2025)
- Parcel #
- 2826-024-002-0
- Zoning
- R3
- MLS #
- O6430712
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Interior Details
- Bedrooms
- 4
- Interior features
- Built-in Features, Ceiling Fans(s)
- Laundry
- Laundry Room
- Stories / Levels
- One
Heating & Cooling
- Heating
- Electric
- Cooling
- Wall/Window Unit(s)
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Min lease term
- No Minimum
- Listing terms
- Cash, Conventional, Other
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- BUYER AND BUYER'S AGENT ARE RESPONSIBLE TO VERIFY LEASE RESTRICTIONS WITH THE HOA.
- Approval process
- BUYER AND BUYER'S AGENT ARE RESPONSIBLE TO VERIFY APPROVAL PROCESS WITH THE HOA.
Exterior & Construction
- Exterior features
- Fence
- Construction materials
- Frame
- Roof
- Shingle
- Foundation
- Concrete Perimeter
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Public
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Listing Details
- Listing date
- 2026-08-05
- On market date
- 2026-08-18
- Original list price
- $399,000
- Occupant type
- Tenant
- MLS area
- 34470 - Ocala
- Listing AOR
- Orlando Regional
- Status changed
- 2026-08-18
- Tax legal description
- SEC 17 TWP 15 RGE 22 PLAT BOOK E PAGE 008 SMITH & DAUGHERTY ADD OCALA E 53 FT OF LOT 24
Flood risk
FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
From E Silver Springs Blvd (SR-40): Head north on NE 8th Ave, turn right onto NE 8th St, then right onto NE 3rd St. Property is on the left.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
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 August 27, 2026 at 3:13 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.
All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.
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