120 NE Sanchez AvenueOcala, FL 34470Sale Price: $420,000

  • Sale Price: $420,000
  • 98 Days Since Sale
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Federal 30-year interest rate: 6.86% last updated on May 22, 2025
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $440,000List Price
  • 0.17Acreage
  • 1,565Square Feet

Listing Tools

Nestled in the heart of OcalaaEUR(TM)s historic district, this charming turn-of-the-century home seamlessly blends historic character with modern convenience. This 2-bedroom, 2.5-bathroom gem boasts two master suites and has been newly renovated, with updated electric and plumbing, a new roof, and beautifully preserved original hardwood floors. The inviting covered front porch sets the stage for timeless charm. Step outside to discover a stunningly landscaped courtyard-style backyard featuring a covered side porch and patio, perfect for outdoor relaxation or entertaining. Adding even more value, a detached cottage offers a 1-bedroom, 1-bathroom studio apartment with its own kitchen, private entrance, parking, and yardaEUR”ideal for guests, extended family, or generating rental income. This property offers the unique ability to rent out the main home 2 different ways and the cottage separately or together, maximizing rental potential. Currently leased through March as a successful Airbnb, it has a proven track record of consistent rental income. Additionally, the front of the main house has a potential full-term lease at $2,500 per month, providing steady revenue for investors or homeowners looking to maximize the property's earning potential immediately. Situated on a desirable corner lot next to downtown Ocala, youaEUR(TM)ll enjoy convenient access to shops, grocery stores, pharmacies, and more. This amazing find is perfect for homeowners and investors alike. DonaEUR(TM)t miss this rare chance to own a property that combines historic charm with modern profitability, call today to schedule your own private tour!

Property Details of 120 NE Sanchez Avenue

Property Details

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Exterior Features

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Listed by SOUTHERN CHARM REALTY OF CF

Sold by STELLAR NON-MEMBER OFFICE

Based on information submitted to StellarMLS as of May 24, 2025 . All data is obtained from various sources and has not been, and will not be, verified by broker or StellarMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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