829 NE 3rd St

1,676 Sq. Ft.
$268 / Sq. Ft.
1,676
Sq. Ft.
$268
per Sq. Ft.

Description

Income-producing opportunity in a high-demand rental pocket of Ocala — this well-maintained triplex at 829 NE 3rd Street is currently producing $3,675 in total monthly rent, offering a compelling blend of immediate cash flow and long-term upside. Positioned just minutes from downtown, the property sits on a spacious, tree-lined lot that consistently attracts tenants seeking both convenience and a quiet residential setting. Each unit features functional layouts with well-lit bedrooms, while the kitchens...Income-producing opportunity in a high-demand rental pocket of Ocala — this well-maintained triplex at 829 NE 3rd Street is currently producing $3,675 in total monthly rent, offering a compelling blend of immediate cash flow and long-term upside. Positioned just minutes from downtown, the property sits on a spacious, tree-lined lot that consistently attracts tenants seeking both convenience and a quiet residential setting. Each unit features functional layouts with well-lit bedrooms, while the kitchens are upgraded with granite countertops, modern cabinetry, and stainless steel appliances, supporting strong rental appeal and tenant retention. A dedicated on-site laundry area adds additional convenience and operational efficiency. With durable interior finishes and broad tenant appeal, the property is well-positioned to minimize turnover and support stable occupancy. For investors, the opportunity lies in rent optimization and continued market appreciation, with potential to increase returns through strategic management and incremental improvements. Whether you're looking for a cash-flowing asset today or a value-add play with upside, this triplex delivers a strong foundation for both income and growth.
  1. Listed by Tatuli Kotchlamazashvili • Brokerage DRE #1066290 • ALPHA EQUITY REALTY & MANAGEMENT INC
    P: (646)-388-4766 C: (646)-388-4766 leasing@recfl.com

Property Details for 829 Northeast 3rd Street

Subdivision Name
SMITH & DAUGHERTYS ADD/CITY/O
Township
15S
Waterfront
No
Furnished
Unfurnished
LISTING UPDATED: 05/10/2026 02:02 AM

Property Details for 829 Northeast 3rd Street

StatusActive
MLS #O6406552
Days on Market1
Taxes$2,072 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1938
Lot Size0.10 AC / 4,356 SF
CountyMarion County

Location

Listing Courtesy of ALPHA EQUITY REALTY & MANAGEMENT INC
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Building Information for 829 Northeast 3rd Street

Stories1Year Built1938Building Size-Lot Size0.10 AC / 4,356 SF

Payment Calculator

$2,439 per month

30 year fixed, 6.46% Interest

Principal and Interest

$2,266

Property Taxes

$173

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 829 Northeast 3rd Street

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 1676.0
  • Building Area Units: Square Feet
  • Direction Faces: Northeast
  • Directions: From E Silver Springs Blvd (SR-40): Head north on NE 8th Ave, turn right onto NE 8th St, then right onto NE 3rd St. Property is on the left.
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 829
  • Street Direction Prefix: NE
  • Street Name: 3RD
  • Street Suffix: STREET
  • State: FL
  • City: OCALA
Parking
  • Carport: No
  • Garage: No
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: 0
  • Tax Book Number: E-008SMITH
  • Tax Legal Description: SEC 17 TWP 15 RGE 22 PLAT BOOK E PAGE 008 SMITH & DAUGHERTY ADD OCALA E 53 FT OF LOT 24
  • Tax Lot: 24
  • Tax Year: 2025
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Lot Size Dimensions: 53 x 85
  • Parcel Number: 2826024002
  • Total Acreage: 0 to less than 1/4
  • Water Access: No
  • Water Extras: No
  • Zoning: R3
  • Living Area: 1676
  • Lot Dimensions: 53 x 85
Property and Assessments
  • Year Built Numeric: 1938
  • Flood Zone Code: AE
  • Flood Zone Date: 04-19-2017
  • Flood Zone Panel: 12083C0509E
  • Homestead: No
  • New Construction: No
  • Public Survey Range: 22E
  • Public Survey Section: 17
Utilities
  • Sewer: Public Sewer
  • Utilities: Public
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame
  • Exterior Features: Private Yard
  • Foundation Details: Concrete Perimeter
  • Levels: One
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
  • Number Of Stories: 1
Interior Features
  • Bedrooms Total: 4
  • Bathrooms Full: 3
  • Appliances: Cooktop, Dryer, Microwave, Refrigerator, Washer
  • Cooling: Wall/Window Unit(s)
  • Fireplace: No
  • Flooring: Laminate
  • Heating: Wall Units / Window Unit
  • Interior Features: Ceiling Fan(s), Walk-In Closet(s)
  • Laundry Features: Laundry Room
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Room Count: 8.0
  • Water View: No
  • Bathrooms Half: 0
Rental
Rental Information
  • Currency Monthly Rent Amt: $3,675.00
  • Days Notice To Tenant If Not Ren: 90 days

Property History for 829 Northeast 3rd Street

DateEvent & SourcePriceAppreciation
May 9, 2026

Listed (Active)

MFRMLS #O6406552

$450,000
Apr 28, 2026

Listed (Active)

MFRMLS #O6400392

$450,000
Jul 22, 2024

Sold (Public Record)

Public Record #1537822875

$125,000
DateEvent & SourcePrice
05/09/2026

Listed (Active)

MFRMLS #O6406552

$450,000
04/28/2026

Listed (Active)

MFRMLS #O6400392

$450,000
07/22/2024

Sold (Public Record)

Public Record #1537822875

$125,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 829 Northeast 3rd Street

Taxable ValueLand$18,630Additions$81,045Total$99,675
Tax Record2025$2,072 ($173 / month)
Home Facts
Beds4Baths2Total Finished SqFt1,676 SqFtAbove Grade Finished SqFt1,676 SqFtStories1Lot Size4,356 SqFtStyleSingle Family ResidenceYear Built1938Year Renovated1994ZoningR3CountyMARIONAPN2826-024-002

Schools near 829 Northeast 3rd Street

This home is within Marion.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Wyomina Park Elementary School
PublicPK to 5

Fort King Middle School
Public6 to 8

Vanguard High School
Public9 to 12

Ina A.Colen Academy
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

829 Northeast 3rd Street is a single family home for sale in Ocala, FL 34470. This property was listed for sale on May 9, 2026 by ALPHA EQUITY REALTY & MANAGEMENT INC, it's currently listed at $450,000. It has been on the market for a total of 1 days and was last sold on July 22, 2024. This listing's school district is Marion. Nearby schools include Wyomina Park Elementary School, Fort King Middle School and Vanguard High School. 829 Northeast 3rd Street is a 4-bed, 3-bath, 1,676 sqft single family home built in 1938.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ALPHA EQUITY REALTY & MANAGEMENT INC

Based on information from one of the following Multiple Listing Services: Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.