Palm Terrace - 1824 SE 3RD AVENUE, Ocala, FL 34471, sold on 2023-06-20

Closed onJune 20, 2023
List Price$199,999
Selling Price$160,000
Beds3
Baths1.1
Square Feet1,670
Acre(s)0.45
SubdivisionPalm Terrace

Looking for a property with great possibility? Look no further than this three-bedroom, one-and-a-half-bathroom home located in a prime spot - just 5 minutes from downtown Ocala. While this home is in need of some TLC, its location and zoning more than make up for it. Not only is this property zoned R3 for single family dwellings, but it also allows for the possibility of multiple family dwellings along with numerous other permitted uses. Whether you're looking to renovate the existing home or build something entirely new, the choice is yours. Location would make for IDEAL Airbnb potential. The home itself sits on a generous corner lot that's just shy of half an acre in size, IN CITY LIMITS. With plenty of outdoor space to work with, you can let your imagination run wild and create the backyard oasis of your dreams. Inside, the home features three spacious bedrooms and a large living area with built in fireplace that's perfect for relaxing or entertaining friends & family. Extra den space, inside laundry room and double garage area are other highlights. Located within minutes to shopping, nightlife & hospitals, don't miss out on this rare opportunity to own a property in such a sought-after location with so much potential. Schedule a viewing today and see for yourself!