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$450,000
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Property Description
Income-producing opportunity in a high-demand rental pocket of Ocala - this well-maintained single-family residence at 829 NE 3rd Street is currently producing $3,675 in total monthly rent, offering a compelling blend of immediate cash flow and long-term upside. Positioned just minutes from downtown, the property sits on a spacious, tree-lined lot that consistently attracts tenants seeking both convenience and a quiet residential setting. Each unit features functional layouts with well-lit bedrooms, while the kitchens are upgraded with granite countertops, modern cabinetry, and stainless steel appliances, supporting strong rental appeal and tenant retention. A dedicated on-site laundry area adds additional convenience and operational efficiency. With durable interior finishes and broad tenant appeal, the property is well-positioned to minimize turnover and support stable occupancy. For investors, the opportunity lies in rent optimization and continued market appreciation, with potential to increase returns through strategic management and incremental improvements. Whether you're looking for a cash-flowing asset today or a value-add play with upside, this triplex delivers a strong foundation for both income and growth.
Full Property Details
Full Property Details for 829 NE 3rd St
General
- Price: $450,000
- Taxes: $2,072 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: O6399881
- Updated: 5/12/2026
- Added to Site: 19 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 8
- Interior Features: Ceiling Fan(s), Walk-In Closet(s)
- Appliances: Cooktop, Dryer, Microwave, Refrigerator, Washer
- Furnishings: Unfurnished
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Laundry Room
Exterior
- Exterior Features: Private Yard
Location
- Area: 34470 - Ocala
- County: Marion
- Development Name: 34470 - Ocala
- Subdivision: SMITH & DAUGHERTYS ADD/CITY/O
- Driving Directions: From E Silver Springs Blvd (SR-40): Head north on NE 8th Ave, turn right onto NE 8th St, then right onto NE 3rd St. Property is on the left.
- Direction Faces: Northeast
School Information
- Elementary School: Eighth Street Elem. School
- Middle School: Osceola Middle School
- High School: Vanguard High School
Community
- Community Name: 34470 - Ocala
- Pet Restrictions: BUYER AND BUYER'S AGENT ARE RESPONSIBLE TO VERIFY PET RESTRICTIONS WITH THE HOA.
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Wall Units / Window Unit
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Public
Structural Information
- Exterior Const.: Wood Frame
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 1,676
- Sq. Ft. Source: Public Records
- Year Built: 1938
Lot Features
- Lot Size (Acres): 0.1
- Lot Size (Sq. Ft.): 4,356
- Lot Size: 4356
- Lot Dimensions: 53 x 85
- Street/Road Desc.: Paved
Financial Considerations
- Tax Amount: $2,072.29
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: SEC 17 TWP 15 RGE 22 PLAT BOOK E PAGE 008 SMITH & DAUGHERTY ADD OCALA E 53 FT OF LOT 24
- Flood Zone Info: AE
- APN: 2826024002
- Property ID: 2826024002
Listed by Alpha Equity Realty & Management Inc
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Schools
Schools serving 829 NE 3rd St
School District:Marion County School District
| Name | Grades | Distance |
|---|---|---|
Wyomina Park Elementary School 511 Northeast 12th Avenue, Ocala, FL 34470 | PK-5 | 0.4 mi |
Fort King Middle School 545 Northeast 17th Avenue, Ocala, FL 34470 | 6-8 | 0.9 mi |
Vanguard High School 7 Northwest 28th Street, Ocala, FL 34475 | 9-12 | 1.9 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 829 NE 3rd St
Date
Details
Price
Change
Source
4/28/2026
Listed
$450,000
260%
MLS
7/18/2024
Sold
$125,000
—
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 829 NE 3rd St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,072
-2%
$99,675
59%
2024
$2,104
6%
$62,521
10%
2023
$1,981
56%
$56,837
-7%
2022
$1,271
-20%
$60,922
10%
2021
$1,598
—
$55,391
14%
2021
$1,598
140%
$48,493
32%
2018
$666
2%
$36,672
4%
2017
$650
1%
$35,175
2%
2016
$642
-27%
$34,360
-26%
2015
$877
22%
$46,192
19%
2019
$717
-5%
$38,821
-9%
2014
$756
-2%
$42,784
-1%
2013
$773
—
$43,400
—
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 829 NE 3rd St
829 NE 3rd Street, Ocala, FL 34470 (MLS# O6399881) is a Single Family property with 4 bedrooms and 3 full bathrooms. 829 NE 3rd Street is currently listed for $450,000 and was received on April 28, 2026. Want to learn more about 829 NE 3rd 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.

