Single Family Residence at 1515 NE 55TH ST, OCALA
Single Family Residence at 1515 NE 55TH ST, OCALA, photo 2 of 17
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kitchen - 1515 NE 55TH ST, OCALA
living/family room - 1515 NE 55TH ST, OCALA
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Single Family Residence at 1515 NE 55TH ST, OCALA, photo 12 of 17
washer/dryer closet - 1515 NE 55TH ST, OCALA
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flex room - 1515 NE 55TH ST, OCALA
Potential studio/In-Law suite - 1515 NE 55TH ST, OCALA
17 photos

$198,900

1515 NE 55TH ST
OCALA, FL 34479
Listed by Elle Woolley · EXP REALTY LLC
Bedrooms
3
Bathrooms
1
Living area
1,035 sqft
Year built
1948

About this home

Country living meets convenience just minutes from Downtown Ocala! This unique property offers a rare opportunity to own a home with a separate detached studio/in-law suite—an increasingly hard-to-find feature with incredible potential for multi-generational living, guest accommodations, a home office, or future rental income. The secondary structure is ready for your finishing touches and already includes designated framing for a bathroom and kitchenette, giving you endless possibilities to customize the space to fit your needs. The main home has seen significant improvements, providing peace of mind for years to come, including a new well (2024), new A/C, ductwork, and heat pump (2022), and a beautiful metal roof (2022). The freshly landscaped, fenced yard creates a welcoming outdoor retreat perfect for entertaining, relaxing, or enjoying warm Florida evenings with family and friends. Previously operated as a successful Airbnb, the main home has a proven history of income-producing potential. Whether you’re searching for a primary residence, investment property, or a combination of both, this property offers exceptional flexibility and opportunity. Additional features include a spacious storage shed and a location that’s hard to beat—just 12 minutes from Downtown Ocala, an easy drive to the World Equestrian Center, and approximately 45 minutes to Gainesville via US-301. Enjoy the best of both worlds: peaceful country surroundings with convenient access to shopping, dining, healthcare, and everyday amenities. Opportunities like this don’t come along often—schedule your private showing today.

Property details

MLS #
MFROM712776
Property type
Single Family Residence
Subdivision
OCALA TERRACE
Status
Active
Days on market
194
On market date
November 3, 2025
Stories
N/A
Total bathrooms
1
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.24 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
OAKCREST ELEMENTARY SCHOOL
2.04 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
439
Student:teacher ratio
15.1:1
District
MARION
Middle
FORT KING MIDDLE SCHOOL
3.54 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,145
Student:teacher ratio
20.1:1
District
MARION
High
VANGUARD HIGH SCHOOL
2.19 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,596
Student:teacher ratio
23.1:1
District
MARION

Walkability

Blended score for OCALA's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

31
Car-dependent
out of 100
EPA National Walkability Index
6.2 / 20 -- Below average walkable

Market position

How this listing compares to current activity in OCALA, from live MLS data.

On the market 194 days -- 94 more days than OCALA's current average of 100 days.
For reference, the median list price across 4,934 active listings in OCALA right now is $249,900.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Adjust tax / insurance estimates
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Est. monthly payment
$1,348/mo
$39,780 down
$159,120 loan
Principal & interest$1,032
Property tax (est.)$166
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated June 18, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.