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$424,900 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 721 SE 5th St
General
- Price: $424,900
- Taxes: $5,554 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: OM722132
- Updated: Today (4/6/2026)
- Added to Site: Today
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 5
- Interior Features: Ceiling Fan(s), High Ceilings, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Thermostat, Walk-In Closet(s), Window Treatments
- Fireplace: Yes
- Fireplace(s): Family Room, Living Room, Master Bedroom
- Appliances: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
- Furnishings: Unfurnished
- Flooring: Carpet, Laminate, Tile, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
Exterior
- Exterior Features: Awning(s), Private Yard, Sidewalk
- Deck/Patio: Deck, Front Porch
- Porch/Patio/Deck: Deck, Front Porch
Parking
- Parking Features: Driveway, On Street
Location
- Area: 34471 - Ocala
- County: Marion
- Development Name: 34471 - Ocala
- Subdivision: CALDWELLS ADD
- Driving Directions: SE Fort King Street to South on SE Sanchez Avenue. Turn LEFT onto SE 5th ST. Look for sign on LEFT.
- Direction Faces: South
School Information
- Elementary School: Eighth Street Elem. School
- Middle School: Osceola Middle School
- High School: Forest High School
Community
- Community Name: 34471 - Ocala
- Community Features: Golf Carts OK, Park, Playground, Sidewalks, Tennis Court(s)
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: BB/HS Internet Available, Cable TV Available, Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
Structural Information
- Architectural Info: Cottage, Historical
- Architectural Style: Cottage, Historical
- Exterior Const.: Wood Frame, Wood Siding
- Roof: Shingle
- Windows: Wood Frames
- Stories/Levels: Two
- Square Feet: 2,032
- Sq. Ft. Source: Public Records
- Year Built: 1918
Additional Structures
- Other Structures: Storage
Lot Features
- Lot Size (Acres): 0.18
- Lot Size (Sq. Ft.): 7,841
- Lot Size: 7841
- Lot Dimensions: 70 x 115
- Frontage: Street Paved
- Street/Road Desc.: Paved, Asphalt
- Fencing (Description): Chain Link, Fenced, Other
Financial Considerations
- Tax Amount: $5,554.31
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: SEC 17 TWP 15 RGE 22 PLAT BOOK E PAGE 004 CALDWELLS ADD OCALA S 1/2 OF E 70 FT OF W 1/2 LOT 30 & SEE OR BK 3546-1758 FOR WEST BOUNDARY LINE AGREEMENT
- Flood Zone Info: X
- APN: 2820030005
- Property ID: 2820030005
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Schools
Schools serving 721 SE 5th St
School District:Marion County School District
| Name | Grades | Distance |
|---|---|---|
Eighth Street Elementary School 513 Southeast 8th Street, Ocala, FL 34471 | PK-5 | 0.2 mi |
Osceola Middle School, Ocala, FL 526 Southeast Tuscawilla Avenue, Ocala, FL 34471 | 6-8 | 0.2 mi |
Forest High School 5000 Southeast Maricamp Road, Ocala, FL 34480 | 9-12 | 4.9 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 721 SE 5th St
Date
Details
Price
Change
Source
4/06/2026
Listed
$424,900
553.69%
MLS
12/22/2000
Sold
$65,000
—
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 721 SE 5th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,554
6%
$269,276
10%
2024
$5,216
2%
$244,796
10%
2023
$5,115
26%
$222,542
-10%
2022
$4,057
11%
$247,206
25%
2021
$3,644
—
$198,450
11%
2021
$3,644
43%
$178,720
29%
2018
$2,544
10%
$138,181
10%
2017
$2,320
1%
$125,619
2%
2016
$2,302
-20%
$123,137
-19%
2019
$2,895
106%
$151,999
34%
2015
$1,403
9%
$113,092
1%
2014
$1,282
2%
$112,194
1%
2013
$1,262
—
$110,536
—
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 721 SE 5th St
721 SE 5th Street, Ocala, FL 34471 (MLS# OM722132) is a Single Family property with 4 bedrooms and 2 full bathrooms. 721 SE 5th Street is currently listed for $424,900 and was received on April 06, 2026. Want to learn more about 721 SE 5th 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.

