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34 NW 21ST PL,  OCALA, FL 34475

MLS# TB8498558.  0 beds.  0.0 baths.  Apartment.  Active

$4,885 in taxes (2025)

$475,000

 

Remarks:

Income-producing 4-unit multifamily property with strong cash flow and value-add potential in Ocala. This property features a desirable unit mix of two 2-bedroom/1-bath units and two 1-bedroom/1-bath units, offering flexibility and consistent rental demand. One unit has been renovated with updated kitchen, bathroom, and vinyl flooring, while the remaining units provide an excellent opportunity for future upgrades and increased rental income. Major updates include a NEW ROOF (2025) and ongoing maintenance, with landscaping serviced weekly. All units are currently rented, providing immediate income. Tenant-paid utilities include electricity, sewer, and trash, with owner only responsible for water (approximately $120/month), helping maximize net returns. Lease structure offers both stability and upside, with two long-term leases in place and additional opportunity to adjust rents as units turn. Section 8 tenants in place provide consistent and reliable income. NO HOA. Ideal for investors seeking a stabilized asset with immediate cash flow and the ability to further increase returns through strategic improvements.

Quick Info:

  • Listing is courtesy Of: EXP REALTY LLC ((888-883-8509))
  • Listing Agent: Tina White ((956-337-7160))
  • Days on yellowkey: New (0 days)
  • Property Type: Apartment
  • Baths: 0.0
  • Living Area Square Feet: 2695
  • Built 1981
  • Taxes: $4,885 (2025)
  • Garage Spaces: ()
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  • Fees: $0
  • Marion County
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  • Subdivision Name: NORTH ROADS PARK
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History:

DateListing TypeDays on yellowkeyMLS#EventPrice% Chg$/sqftSource
4/17/2026Sale1TB8498558listed for sale$475,000-MLS




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