Under contract-accepting backup offers. Prime opportunity with a motivated seller. This property offers excellent proximity to Downtown Ocala and the North Magnolia Business District, making it ideal for a variety of future uses. The home features 3 bedrooms, 2 baths, a 1-car garage, and a workshop, along with valuable updates including a 2023 roof, new HVAC, refreshed bathrooms, and an updated kitchen with stainless steel appliances. Situated on an oversized .43-acre privately fenced lot with no rear neighbors, the setting provides added space and privacy. The property is zoned B4/Regional Business, offering flexibility for buyers exploring residential, business, or mixed-use possibilities in accordance with local regulations. Additional improvements include a front porch and a dedicated laundry room that expand the heated living area. Sold AS-IS, this property presents strong potential for investors, business owners, or anyone looking for a project with multiple avenues for value.