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For sale
    • $374,900

    721 SE 5TH STREET, OCALA, FL 34471

    4beds
    2,032sqft
    : 
    $2,593/mo
    Get pre-qualified
    Single Family Residence
    Built in 1918
    7,841 Square Feet Lot
    $365,000 Zestimate®
    $184/sqft
    $-- HOA

    What's special

    High ceilings
    RECENTLY IMPROVED PRICE! Located in Ocala’s Historic District and Golf Cart District, just 4 blocks from the Downtown Farm Market, this 2-story cottage is full of charm, character, and potential. The current floor plan configuration offers 3 bedrooms and 2 bathrooms, with the primary bedroom and both full baths on the first floor, plus 2 bedrooms and a bonus room upstairs. Original features include wood floors in many rooms, high ceilings, a fireplace in the formal living and dining area, and a double fireplace shared by the family room and primary bedroom. The cottage is positioned on the parcel with ample room for a future garage and/or pool. This home is ready for updates and restoration making it an exceptional opportunity for a buyer with vision to create a dream home in one of Ocala’s most sought-after historic neighborhoods.
    12 days
    841
    83

    Zillow last checked:

    Listing updated:

    Listed by:

    Melissa Townsend 843-321-0819,

    IT'S ALL ABOUT YOU...REAL ESTA 352-304-5687

    Source: Stellar MLS,MLS#: OM722132MLS LogoOriginating MLS: Ocala - Marion

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Bonus Room
      Primary bedroom
      • Features: Walk-In Closet(s)
      • Level: First
      • Area: 217 Square Feet
      • Dimensions: 15.5x14
      Dining room
      • Level: First
      • Area: 92 Square Feet
      • Dimensions: 11.5x8
      Family room
      • Level: First
      • Area: 186 Square Feet
      • Dimensions: 12x15.5
      Kitchen
      • Level: First
      • Area: 166.63 Square Feet
      • Dimensions: 15.5x10.75
      Living room
      • Level: First
      • Area: 189.88 Square Feet
      • Dimensions: 15.5x12.25
      Heating
      • Central, Electric
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
      • Laundry: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
      Features
      • Ceiling Fan(s), High Ceilings, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Thermostat, Walk-In Closet(s)
      • Flooring: Carpet, Laminate, Tile, Hardwood
      • Windows: Window Treatments
      • Has fireplace: Yes
      • Fireplace features: Family Room, Living Room, Master Bedroom
      Interior area
      • Total structure area: 2,167
      • Total interior livable area: 2,032 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Driveway, On Street
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck, Front Porch
      • Exterior features: Awning(s), Private Yard, Sidewalk
      • Fencing: Chain Link,Fenced,Other
      Lot
      • Size: 7,841 Square Feet
      • Dimensions: 70 x 115
      • Features: Historic District, City Lot, Landscaped, Sidewalk
      • Residential vegetation: Mature Landscaping, Trees/Landscaped
      Details
      • Additional structures: Storage
      • Parcel number: 2820030005
      • Zoning: R3
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Cottage,Historical
      • Property subtype: Single Family Residence
      Materials
      • Wood Frame, Wood Siding
      • Foundation: Crawlspace, Pillar/Post/Pier
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1918

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: BB/HS Internet Available, Cable Available, Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Golf Carts OK, Park, Playground, Sidewalks, Tennis Court(s)
      • Pet fee: $0 monthly
      • Subdivision: CALDWELLS ADD
      HOA
      • Has HOA: No
      Location
      • Region: Ocala

      Financial & listing details

      • Price per square foot: $184/sqft
      • Tax assessed value: $360,349
      • Annual tax amount: $5,554
      • Date on market: 4/6/2026
      • Cumulative days on market: 190 days
      • Listing terms: Cash
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Paved, Asphalt

        Estimated market value

        $365,000

        $347,000 - $383,000

        $2,108/mo

        Price history

        DateEventPrice
        10/21/2026Listed for sale$374,900$184/sqft
        Source: Stellar MLS #OM722132 Report a problem
        10/1/2026Listing removed$374,900$184/sqft
        Source: Stellar MLS #OM722132 Report a problem
        9/24/2026Price change$374,900-6.3%$184/sqft
        Source: Stellar MLS #OM722132 Report a problem
        5/18/2026Price change$399,900-5.9%$197/sqft
        Source: Stellar MLS #OM722132 Report a problem
        4/6/2026Listed for sale$424,900+553.7%$209/sqft
        Source: Stellar MLS #OM722132 Report a problem
        12/22/2000Sold$65,000$32/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,554 +6.5%$269,276 +10%
        2024$5,216 +2%$244,796 +10%
        2023$5,115 +26.1%$222,542 +10%
        2022$4,057 +11.3%$202,311 +10%
        2021$3,644 +16.1%$183,919 +10%
        2020$3,138 +8.4%$167,199 +10%
        2019$2,895 $151,999 +6.5%
        2018$2,895 +24.8%$142,713 +13.6%
        2017$2,320 +65.4%$125,619 +2%
        2016$1,403 $123,137 +8.9%
        2015$1,403 +9.4%$113,092 +0.8%
        2014$1,282 +1.6%$112,194 +1.5%
        2013$1,262 -0.8%$110,536 +0.6%
        2012$1,272 -9%$109,898 -6.4%
        2011$1,398 +5%$117,465 +1.5%
        2010$1,332 +7.6%$115,729 +2.7%
        2009$1,238 +2.3%$112,686 +0.1%
        2008$1,209 -10.6%$112,575 +3%
        2007$1,352 -10.8%$109,296 +2.5%
        2006$1,516 +0.6%$106,632 +3%
        2005$1,508 $103,527 +3%
        2004$1,508 -5.8%$100,511 +1.8%
        2002$1,600 +0.5%$98,692 +37.2%
        2001$1,592 $71,911
        2000$1,592 $71,911
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 34471

        Getting around

        70 / 100
        Very Walkable
        29 / 100
        Some Transit
        54 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Eighth Street Elem. School
        • Middle: Osceola Middle School
        • High: Forest High School

        Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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