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720 SE 3rd St, Ocala, FL, 34471

5beds
4baths
3,198sqft
$529,900
$166price/sqft
$4,329/moest. monthly cost
$173,160/yrincome needed

About This Home

HUGE PRICE REDUCTION!!! Ocala Historic District! Main House: 4 Br, 3 Ba. Guest House: 1 Br, 1 Ba, Full Kitchen. This beautifully preserved 1895 Victorian masterpiece invites you to step back into the Gilded Age, an era when quality, elegance, and craftsmanship were the standard, not the exception. The welcoming covered front porch with swing leads to a grand entry featuring an impressive, hand-crafted staircase, an ornate 29 ft. foyer, a Formal Parlor, and 1 full Bath, all highlighted by original hardwood floors and soaring ceilings. Beyond the foyer, the spacious Family Room flows seamlessly into the Dining Room, Kitchen, and Indoor Laundry Room, offering modern convenience while preserving timeless Victorian character. The main residence offers 2,606 sq. ft. The main level has a versatile Flex Room with closets that could make it a 4th bedroom. Upstairs, you’ll find 3 generously sized Bedrooms and 2 full Baths, including a stunning Primary Suite with a wood cathedral ceiling, an en suite Bath and a private spiral staircase to the ground floor. Step outside to a massive wooden deck and paver patio just off the back door, conveniently located near the garage/workshop. An exceptional bonus is the 592 sq.ft. Guesthouse featuring 1 Bedroom, 1 full Bath, a full Kitchen, and a Great Room, ideal for extended family, guests, or potential rental income. R3 zoning provides added flexibility for a variety of uses.  Main House HVAC 2023. Another Bonus: It's in the Golf Cart Zone as well as the Historic District.  Just a couple of blocks away from the Historic Downtown Square, Citizens' Circle and Farmers' Market.  Make your appointment today to see this rare beauty!

Getting Around

74
WalkingVery Walkable
30
TransitSome Transit
54
BikeBikeable

Schools

8/10
8/10
Osceola Middle SchoolGrades 6-80.2 mi
5/10
Forest High SchoolGrades 9-125.0 mi

Construction

Condition

  • Year built: 1895

Materials

  • Foundation: Crawlspace,Slab
  • Roof: Metal
  • Construction materials: Block,Wood Frame,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Victorian
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Electric Water Heater,Exhaust Fan,Freezer,Microwave,Range,Refrigerator,Washer
  • Laundry features: Electric Dryer Hookup,Inside,Laundry Room,Washer Hookup

Bedroom2

  • Features: Built-in Closet
  • Level: First
  • Area: 224
  • Dimensions: 14x16

Bedroom3

  • Features: Built-in Closet
  • Level: Second
  • Area: 225
  • Dimensions: 15x15

Bedroom4

  • Features: Built-in Closet
  • Level: Second
  • Area: 196
  • Dimensions: 14x14

Bedroom5

  • Features: Built-in Closet
  • Level: First
  • Area: 210
  • Dimensions: 14x15

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 4

Dining Room

  • Level: First
  • Area: 176
  • Dimensions: 11x16

Features

  • Ceiling Fan(s),Chair Rail,Crown Molding,Dry Bar,Eating Space In Kitchen,High Ceilings,PrimaryBedroom Upstairs,Solid Wood Cabinets,Thermostat,Walk-In Closet(s)
  • Window features: Window Treatments
  • Flooring: Engineered Hardwood,Hardwood
  • Fireplace features: Decorative,Family Room,Living Room,Masonry,Other Room
  • Fireplace: Yes

Foyer

  • Level: First
  • Area: 203
  • Dimensions: 7x29

Great Room

  • Features: Built-in Closet
  • Level: First
  • Area: 120
  • Dimensions: 10x12

Heating & Cooling

  • Heating features: Electric,Heat Pump
  • Cooling features: Central Air,Zoned

Interior Area

  • Total structure area: 3,859
  • Total interior livable area: 3,198 sqft

Kitchen

  • Level: First
  • Area: 80
  • Dimensions: 8x10

Kitchen

  • Features: Ceiling Fan(s),Kitchen Island,Pantry
  • Level: First
  • Area: 189
  • Dimensions: 9x21

Living Room

  • Features: Built-in Closet
  • Level: First
  • Area: 225
  • Dimensions: 15x15

Primary Bedroom

  • Features: Walk-In Closet(s)
  • Level: Second
  • Area: 192
  • Dimensions: 12x16

Utility Room

  • Level: First
  • Area: 42
  • Dimensions: 6x7

Property

Details

  • Parcel number: 2820029003
  • Zoning: R3
  • Special condition: None

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck,Front Porch
  • Exterior features: Private Entrance,Private Mailbox,Private Yard,Sidewalk,Storage
  • Fencing: Cross Fenced,Fenced,Wood
  • Residential vegetation: Mature Landscaping,Oak Trees,Trees/Landscaped

Lot

  • Lot size: 9,583 sqft
  • Features: Historic District,City Lot,Sidewalk
  • Lot size dimensions: 70 x 140

Parking

  • Total spaces: 1
  • Parking features: Driveway,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Hurricane
Lightning
Tornado
Cold Wave
Strong Wind

FEMA Declared Disasters in Marion County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,679$32,148
Home Insurance *$612$7,344
Property Taxes $717$8,604
Electricity $321$3,862
Total$4,329$51,948
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$148,422/yr
40% on housing$129,870/yr
45% on housing$115,440/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 16.1%
16.1%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 5.6%
5.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$166This listing

vs Other Active Listings

Avg $/sqft

ZIP 34471$213
Marion County$208

vs Homes Sold Last Month

Median $/sqft

ZIP 34471$177
Marion County$168

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-18Price change$599,900
2026-03-31Price change$629,900
2026-02-21Listed for sale$649,900
2023-07-21Sold$530,000
2023-06-14Pending sale$529,900
2023-06-02Listed for sale$529,900
2023-06-01Listing removed--
2023-05-16Listed for sale$575,000
2001-03-23Sold$135,000

For Sale by Agent

AgentMichael Thomas, Sr.
BrokerageCHARLES RUTENBERG REALTY ORLANDO

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