501 55th Avenue, OCALA, FL 34480

Discover an opportunity to restore and reimagine this one of a kind property on nearly 2 acres in SE Ocala. Featuring 4 bedrooms, 2.5 baths, and just over 3,000 square feet, this home offers space, character, and endless potential. The layout includes a large living room with fireplace, flex/office space, and a spacious kitchen with workstation and breakfast nook. The primary suite adjoins a tornado shelter for peace of mind. Recent mechanical updates include HVAC (April 2024) and water heater (May 2024). Most flooring, trim, and baseboards are in place, with extras available for finishing touches. Outside youll find a pool and spathe pool equipment is 23 years old and operational, while the tiled spa (seats 68) requires new equipment. Equestrians and hobbyists will appreciate the barn and kennel setup: a partially converted stall and tack room with plumbing and electric to a small shared septic, plus a concrete dog kennel with shingle roof, bell drain, water/electric, and 15 ft runs under chain link covers. Roof replacement is needed, and the property is being sold as is and currently uninsurable. With repairs and updates, this acreage estate could truly shine. Cash or renovation financing only.