Overview
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About this home
721 SE 5th St is a 1918-built home in Caldwells Add, Ocala. Inside you'll find 4 bedrooms, 2 bathrooms, and 2,032 square feet of living space. Listed at $374,900 (about $184/sqft), 204 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
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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The essentials
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Districts can re-zone, so verify directly with the district before relying on these.
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$374,900
$184 per sq ft
Beds and baths
4 beds, 2 baths
Size
2,032 sq ft
Time on market
204 days
Year built
1918
Monthly payment
About $2,605/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $5,554 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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