BACK ON MARKET - Buyer financing fell through! NOW VACANT. NEW PRICE - Listed below appraised value. Exceptional income-producing opportunity on 1.54 acres within Ocala city limits. This unique property offers multiple revenue streams and strong long-term potential. The main residence features 4 bedrooms, 2 bathrooms, plus a home office, with recent updates including a remodeled kitchen with granite countertops, stainless steel appliances, and tile backsplash. Major systems have been upgraded with a 2015 roof, solar-assisted 80-gallon water heater, and a high-efficiency 25 SEER Lennox HVAC system (2016), helping reduce operating costs. The detached garage/workshop with apartment adds significant value, featuring a two-bedroom unit with kitchenette, office space, and washer/dryer hookups-ideal for rental income, guest housing, or multi-generational use. The garage is plumbed for a bathroom and includes a solar power system with battery backup. Additional highlights include a gated, fully fenced lot, summer kitchen, and a partially wooded setting that enhances privacy and tenant appeal. With acreage inside city limits, flexible use options, and existing infrastructure for multiple living spaces, this property is well-suited for investors seeking rental income, house hacking, or future value-add potential. Home has been approved by city to convert to city water and sewer if future homeowner chooses.