$475,000
 $2,550 est/mo Sourced by Back At You

34 NW 21st Pl,OCALA, FL 34475

OCALA, FL 34475

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Description

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. Units #34 and #36 are currently vacant.

Details

MLS #TB8498558
Listing TypeFor Sale
Sub-TypeFor-sale
StatusActive
Year1981
Days On Site161
Listing Provided ByEXP REALTY LLC | Tina White

Features

SQ Feet2,695
ZoningR3
Acreage0.23

Taxes

Property4884

Area Information

StateFL
CountyMarion
CityOCALA
Zip Code34475
Area34475 Ocala
Community NameNORTH ROADS PARK
Listing VS Median (in NORTH ROADS PARK)
Price:
$475,000
low | high
Med:
$475,000
50% of Average
sqft:
2,695
low | high
Med:
2,695
50% of Average
$ / sqft:
$176
low | high
Med:
$176
50% of Average
On site:
161
low | high
Med:
161
100% of Average
Sourced by Back At You

Market Activity 34475

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 Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of September 25, 2026 at 12:50:04 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

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Learn More About This Property

StateFL
CountyMarion
CityOCALA
Zip Code34475
Area34475 Ocala
Community NameNORTH ROADS PARK
Listing VS Median (in NORTH ROADS PARK)
Price:
$475,000
low | high
Med:
$475,000
50% of Average
sqft:
2,695
low | high
Med:
2,695
50% of Average
$ / sqft:
$176
low | high
Med:
$176
50% of Average
On site:
161
low | high
Med:
161
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $356K - $593K
sqft: 2,000 - 3,000
Nearby Listings Property ImageNearby Listings Details
51 NW 21ST PL Property Photo 1
$409,000
51 Nw 21st Pl
Ocala, FL 34475
Listing Updated: July 22, 2026 at 10:13:16 AM PDT