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$198,900
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Property 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.
Full Property Details
Full Property Details for 1515 NE 55th St
General
- Price: $198,900
- Taxes: $745 (2024)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: OM712776
- Updated: 6/18/2026
- Added to Site: 261 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 3
- Interior Features: Ceiling Fan(s), Eating Space In Kitchen, Kitchen and Family Room Combination, Living Room/Dining Room Combo, Primary Bedroom Main Floor
- Appliances: Cooktop, Freezer, Microwave, Refrigerator
- Furnishings: Unfurnished
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Inside, Laundry Closet, Washer Hookup
Exterior
- Exterior Features: Garden, Other, Private Mailbox, Storage
- Deck/Patio: Deck
- Porch/Patio/Deck: Deck
Parking
- Carports: Yes
- Carport: 1
- Carport Spaces: 1
- Covered Spaces: 1
- Parking Features: Driveway, Ground Level
Location
- Area: 34479 - Ocala
- County: Marion
- Development Name: 34479 - Ocala
- Subdivision: OCALA TERRACE
- Driving Directions: Take 441 north to hwy 326 go right to jacksonville road go right 2 miles house is on right at 55 street.
- Direction Faces: South
School Information
- Elementary School: Ocala Springs Elem. School
- Middle School: Howard Middle School
- High School: Vanguard High School
Community
- Community Name: 34479 - Ocala
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Private Sewer
- Water: Private, Well
- Utility Description: Electricity Connected, Private, Sewer Connected, Water Connected
Structural Information
- Architectural Info: Ranch
- Architectural Style: Ranch
- Exterior Const.: Asbestos, Other
- Roof: Metal
- Common Walls: Corner Unit
- Windows: Blinds
- Stories/Levels: One
- Square Feet: 1,035
- Sq. Ft. Source: Public Records
- Year Built: 1948
Additional Structures
- Other Structures: Shed(s), Storage
Lot Features
- Lot Size (Acres): 0.24
- Lot Size (Sq. Ft.): 10,454
- Lot Size: 10454
- Lot Dimensions: 81 x 131
- Frontage: Street Paved
- Street/Road Desc.: Paved, Asphalt
- Fencing (Description): Wood
Financial Considerations
- Tax Amount: $745.11
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- 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 Zone Info: X
- APN: 1511001006
- Property ID: 1511001006
- Block/Lot/Section: 1
Listed by Exp Realty Llc
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Schools
Schools serving 1515 NE 55th St
School District:Marion County School District
| Name | Grades | Distance |
|---|---|---|
Ocala Springs Elementary School 5757 Northeast 40th Avenue Road, Ocala, FL 34479 | PK-5 | 2.2 mi |
Howard Middle School 1655 Nw 10th St, Ocala, FL 34475 | 6-8 | 3.8 mi |
Vanguard High School 7 Northwest 28th Street, Ocala, FL 34475 | 9-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1515 NE 55th St
Date
Details
Price
Change
Source
6/18/2026
Price Reduced
$198,900
-5.24%
MLS
3/26/2026
Price Reduced
$209,900
-4.59%
MLS
11/03/2025
Listed
$220,000
30.95%
MLS
11/23/2021
Sold
$168,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1515 NE 55th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$961
29%
$59,333
3%
2024
$745
-8%
$57,661
-15%
2023
$814
-4%
$67,835
-6%
2022
$847
63%
$72,282
90%
2021
$521
—
$38,131
1%
2021
$521
4%
$37,605
2%
2019
$502
-38%
$36,760
26%
2018
$809
-19%
$29,106
10%
2017
$1,003
3%
$26,460
-2%
2016
$974
-5%
$26,885
-11%
2015
$1,023
3%
$30,197
1%
2014
$991
—
$29,805
-2%
2013
$995
—
$30,504
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1515 NE 55th St
1515 NE 55th Street, Ocala, FL 34479 (MLS# OM712776) is a Single Family property with 3 bedrooms and 1 full bathroom. 1515 NE 55th Street is currently listed for $198,900 and was received on November 03, 2025. Want to learn more about 1515 NE 55th Street? Do you have questions about finding other Single Family real estate for sale in Ocala? You can browse all Ocala real estate or contact a Coldwell Banker agent to request more information.

