House for Sale
$240,000
3 bd · 2 ba · 1,527 sqft
OCALA, FL 34470 · MLS# OM729195 · Active · PALMERS ADD
Charming 1948 Home in the Heart of Downtown Ocala | Residential, Office, or Investment Opportunity Discover the perfect blend of historic charm and modern convenience with this beautifully maintained 3-bedroom, 2-bath home in the heart of Downtown Ocala. Situated on a 0.19-acre lot, this unique property is zoned RO (Residential Office), offering exceptional flexibility for a primary residence, professional office, live/work space, rental property, or potential mixed-use opportunity. Buyers should verify all intended uses with the appropriate local authority. A welcoming covered front porch sets the tone for this charming 1948 home. Inside, you'll find spacious living areas filled with natural light, exposed wood floors, and the timeless character that makes historic homes so inviting. Step outside to a fenced backyard with no rear neighbors, offering added privacy, along with a detached two-car garage that provides ample space for storage, a workshop, or hobbies. The exterior also features a covered utility and laundry area with a recently installed water heater, as well as a concrete accessibility ramp at the rear of the home for added convenience. Buyers should verify the property's suitability for their intended use. Location is everything, and this property delivers. Just steps from the Reilly Arts Center and minutes from Ocala's Historic Downtown Square, the North Magnolia Business District, hospitals, shopping, dining, parks, and major transportation corridors, you'll enjoy outstanding accessibility whether you're living, working, or investing. Investor and business owners will appreciate the property's location within a federally designated Qualified Opportunity Zone, which may provide potential tax advantages to eligible investors. Buyers should consult their tax and legal advisors regarding qualification and available benefits. The property is also located within the North Magnolia Community Redevelopment Area (CRA), where redevelopment incentives and improvement programs may be available for qualifying projects. All furnishings and personal property currently on-site—including furniture, rugs, lamps, wall décor, and other household items—may convey with an acceptable terms. Alternatively, the seller can have the property cleared prior to closing if preferred by the buyer. Whether you're searching for a charming historic home, professional office space, income-producing rental, investment property, or future redevelopment opportunity, this versatile Downtown Ocala property offers exceptional potential in one of the city's most desirable and rapidly growing locations. Schedule your private showing today.
School assignments are provided by the listing and should be independently verified.
Estimate only — actual rates, taxes and insurance vary. Not a loan offer or financial advice. Financing through Matthew Gromadzki, NMLS #2560919 · Innovative Mortgage Services, Inc., NMLS #250769.
926 NE 8TH AVENUE, OCALA, FL 34470 · See all Ocala homes for sale
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926 NE 8TH AVENUE is a single family home for sale in OCALA, FL 34470. This property was listed for sale on July 25, 2026 by PROFESSIONAL REALTY OF OCALA, it's currently listed at $185,000. This listing's school district is Marion Public Schools. Nearby schools include Wyomina Park Elementary School, Fort King Middle School and Vanguard High School. 926 NE 8TH AVENUE is a 3-bed, 2-bath, 1,267 sqft single family home built in 1948.