About This Home

This 3-bedroom, 1-bathroom single family at 1515 NE 55TH Street in Ocala, FL is listed for $198,900 ($192 per sqft). Built in 1948, the home offers 1,035 sqft of living space on a 0.24 acres lot.

Key Features

  • Built in 1948
  • 0.24 acre lot

Property Details

1 story
1 full
1948

Amenities

A/C
Listing 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.

Monthly Cost Estimate

$1,064/mo

20% down · 6.5% · 30 years

Principal$144
Interest$862
Insurance$58

Estimates only. Actual payments may vary.

Location

1515 NE 55TH Street

Ocala, FL 34479

OCALA TERRACE

Features & Amenities

Interior Features

Ceiling Fans(s)Eat-in KitchenKitchen/Family Room ComboLiving Room/Dining Room ComboPrimary Bedroom Main Floor

Exterior Features

GardenPrivate MailboxStorage

Property Details

Flooring

Vinyl

Construction

Asbestos

Pool Features

Deck

Parking

Driveway

Heating

Electric (Heating)Central

Cooling

Central Air

Appliances

CooktopFreezerMicrowaveRefrigerator

Questions & Answers

This 3-bedroom, 1-bathroom single family at 1515 NE 55TH Street is listed at $198,900 ($192/sqft). The estimated monthly payment is $1,064 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1948, 0.24 acre lot. Interior Features: Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo. Exterior Features: Garden, Private Mailbox, Storage.

This property is listed by Elle Woolley and can be reached at 8188086870.

EW

Elle Woolley

Agent at EXP REALTY LLC

(818) 808-6870

Listed by EXP REALTY LLC · View on Broker Site

MLS# OM712776· Source: listhub· 278 days on market

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1515 NE 55TH Street, Ocala, FL 34479

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