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$360,000
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Property Description
Discover an opportunity to restore and reimagine this one-of-a-kind property on nearly 2 acres in SE Ocala. Featuring 4 bedrooms, 2.5 baths, and just over 3,000 square feet, this home offers space, character, and endless potential. The layout includes a large living room with fireplace, flex/office space, and a spacious kitchen with workstation and breakfast nook. The primary suite adjoins a tornado shelter for peace of mind. Recent mechanical updates include HVAC (April 2024) and water heater (May 2024). Most flooring, trim, and baseboards are in place, with extras available for finishing touches. Outside you'll find a pool and spa-the pool equipment is 2-3 years old and operational, while the tiled spa (seats 6-8) requires new equipment. Equestrians and hobbyists will appreciate the barn and kennel setup: a partially converted stall and tack room with plumbing and electric to a small shared septic, plus a concrete dog kennel with shingle roof, bell drain, water/electric, and 15-ft runs under chain-link covers. Roof replacement is needed, and the property is being sold as-is and currently uninsurable. With repairs and updates, this acreage estate could truly shine. Cash or renovation financing only.
Full Property Details
Full Property Details for 501 SE 55th Ave
General
- Sold For: $360,000
- Taxes: $2,431 (2024)
- Status: Closed
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: OM710890
- Added to Site: 102 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 3
- Interior Features: Eating Space In Kitchen, Open Floorplan, Other, Split Bedroom
- Fireplace: Yes
- Fireplace(s): Living Room
- Appliances: Dishwasher, Microwave, Range, Refrigerator
- Flooring: Carpet, Ceramic Tile, Laminate
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Inside
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: In Ground
Exterior
- Exterior Features: Courtyard, Dog Run, Private Mailbox, Sidewalk, Sliding Doors, Storage
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
Location
- Area: 34480 - Ocala
- County: Marion
- Development Name: 34480 - Ocala
- Subdivision: N/A
- Driving Directions: From Hwy 200, take SE 17th St east, right on SE 36th Ave, left on SE 24th St, then right on SE 55th Ave. Home is on the right.
- Direction Faces: West
Community
- Community Name: 34480 - Ocala
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Septic Tank, Other
- Water: Well
- Utility Description: Electricity Connected, Water Connected
Structural Information
- Exterior Const.: Block, Concrete, Stucco
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 2,310
- Sq. Ft. Source: Public Records
- Living Area: 2,310 Sq. Ft.
- Year Built: 1979
Lot Features
- Lot Size (Acres): 1.9
- Lot Size (Sq. Ft.): 82,764
- Lot Size: 1.9
- Street/Road Desc.: Paved
Financial Considerations
- Tax Amount: $2,431
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: SEC 13 TWP 15 RGE 22 N 297 FT OF N 1/2 OF W 1/2 OF W 1/2 OF SE 1/4 OF SE 1/4 EXC W 40 FT
- Flood Zone Info: X
- APN: 2741801003
- Property ID: 2741801003
Listed by Exp Realty Llc
Sold by Golden Ocala Real Estate Inc
Get Pre-Approved Today
Schools
Schools serving 501 SE 55th Ave
School District:Marion County School District
| Name | Grades | Distance |
|---|---|---|
Ward-Highlands Elementary School 537 Southeast 36th Avenue, Ocala, FL 34471 | PK-5 | 1.7 mi |
Fort King Middle School 545 Northeast 17th Avenue, Ocala, FL 34470 | 6-8 | 3.5 mi |
Forest High School 5000 Southeast Maricamp Road, Ocala, FL 34480 | 9-12 | 3.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 501 SE 55th Ave
Date
Details
Price
Change
Source
12/26/2025
Sold
$360,000
-7.67%
MLS
10/06/2025
Listed
$389,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
501 SE 55th Avenue, Ocala, FL 34480 (MLS# OM710890) is a Single Family property that was sold at $360,000 on December 26, 2025. Want to learn more about 501 SE 55th Avenue? 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.

