721 SE 5th StreetOcala, FL, 34471
- Price per sqft
- $184
- Days on market
- 200
- Listed
- Apr 6
- Last reduction
- −$25,000
- Sep 24, 2026
About this property
RECENTLY IMPROVED PRICE! Located in Ocala’s Historic District and Golf Cart District, just 4 blocks from the Downtown Farm Market, this 2-story cottage is full of charm, character, and potential. The current floor plan configuration offers 3 bedrooms and 2 bathrooms, with the primary bedroom and both full baths on the first floor, plus 2 bedrooms and a bonus room upstairs. Original features include wood floors in many rooms, high ceilings, a fireplace in the formal living and dining area, and a double fireplace shared by the family room and primary bedroom. The cottage is positioned on the parcel with ample room for a future garage and/or pool. This home is ready for updates and restoration making it an exceptional opportunity for a buyer with vision to create a dream home in one of Ocala’s most sought-after historic neighborhoods.
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Projected rental revenue and ownership costs
Property details
- Property type
- Single Family Residence
- Street address
- 721 SE 5th Street
- City
- Ocala
- State
- FL
- ZIP code
- 34471
- Year built
- 1918
- New construction
- No
- Faces
- South
- Rooms
- 5
- Building stories
- 2
- Living area
- 2,032 sqft
- Total building area
- 2,167 sqft
- Levels
- Two
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Asking price reduced by $50,000 (11.8%) since first listed.
| Date | Event | Price | Change from previous recorded asking price |
|---|---|---|---|
| Price reducedMLS #OM722132 | $374,900Change: −11.8%−$50,000 | −11.8%−$50,000 | |
| Listed for saleMLS #OM722132 | $424,900 | Not applicable |
Location
