Address
728 E Fort King STREET, OCALA, FL
Price
$ 950,000
Property Attributes
  • MLS#OM680013
  • TypeIncome
  • CountyMARION
  • CityOCALA
  • AreaOcala
  • NeighborhoodCaldwells Add
  • Zip34471
  • StyleQuadruplex
  • Year Built1891
  • Taxes$ 6950
  • Price$ 950,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4885
  • Lot Size0.33 Acres
Data Source:
Stellar MLS
Property Description

Unlock a prime income opportunity with this multiple-unit residence, perfectly positioned just four blocks from Ocala's bustling downtown square. Ideal for investors, this property offers immediate income with Airbnb units and tenants with move-in-ready units suitable for short-term or long-term rentals. All completely renovated, with multiple meters, one for each unit. This versatile property is also an excellent choice for multi-generational living or those seeking a unique living arrangement. With its strategic location in the heart of Ocala, tenants or residents can enjoy the vibrant downtown lifestyle and all the amenities it offers, making this a highly attractive rental option. Dating back to 1891, this historical gem has been meticulously preserved to retain its old-world charm while incorporating modern comforts. Each spacious unit is bathed in natural light and features upgraded appliances and well-thought-out layouts, ensuring maximum comfort and convenience for tenants. Situated in Ocala's historic district, golf cart access to this property offers residents easy access to a plethora of attractions, including trendy eateries, breweries, shops, and the charming oak-covered streets. Beyond the district, adventure awaits at Silver Springs State Park, and horse enthusiasts can enjoy the World Equestrian Center. This is a rare chance to own an income-generating property in one of Ocala's most sought-after locations. Don't miss out on this unique investment opportunity—schedule a viewing today and take the first step towards owning a piece of Ocala's rich history while reaping the benefits of contemporary living.

Price History
6/19/2024 Listed $950,000

General Features

Interior Features Built-in Features,Cathedral Ceiling(s),Coffered Ceiling(s),Primary Bedroom Main Floor,Split Bedroom,Stone Counters,Thermostat,Window Treatments
Sewer Public Sewer
Heating Electric
Cooling Central Air
Utilities Cable Connected,Electricity Connected,Fiber Optics,Natural Gas Connected,Sewer Connected,Water Connected
Roof Shingle
Appliances Dishwasher,Dryer,Range,Refrigerator,Washer
Exterior Features Fenced,Rain Gutters,Sidewalk
Zoning R3
Patio/Porch Features Front Porch
Security Features Fire Alarm,Smoke Detector(s),Touchless Entry
Construction Materials Wood Frame,Wood Siding
Pets Allowed Yes
Year Built 1891
Tenant Pays Electricity,Gas,Sewer,Water
Levels Two
Property SubType Quadruplex
Tax Year 2023
Percent Ownership Fee Simple
County Marion
New Construction No
Property Type Residential Income
HOA / Comm Assn No
Subdivision Name CALDWELLS ADD
Garage Y/N No
Status Active
Directions I-75 east on 10th street to South on Pine Ave to East on Silver Springs go Right on Wenona Ave to Right on E Fort King St property on your left
ModificationTimestamp 2024-06-22T18:05:16.613Z
City OCALA
Buyer Agent Compensation 3%
View Y/N No
Senior Community Y/N No
NumberOfUnitsTotal 4
MLS Area 34471 - Ocala
Lot Size Units Square Feet
Lot Size Square Feet 14375
Waterfront Y/N No
Carport Y/N No
Land Lease Y/N No
Tax Annual Amount 6950.04
Additional Parcels Y/N No
Lease Considered Y/N Yes
Virtual Tour https://tour.vht.com/434348898/728-e-fort-king-st-ocala-fl-34471/idxs
Days on Market 3
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Tax Lot 27
Legal Description SEC 17 TWP 15 RGE 22 PLAT BOOK E PAGE 004 CALDWELLS ADD OCALA W 1/2 OF E 1/2 & W 2 FT 4 1/2 IN. OF E 105 FT LOT 27 EXCEPT E 1/2 OF S 88 FT OF W 1/2 OF E 1/2 & W 2 FT 4 1/2 INCHES OF E 105 FT OF LOT 2
Minimum Lease No Minimum
Water Access Y/N No
Additional Rooms Den/Library/Office,Inside Utility
Water View Y/N No
Flood Zone Code X

Interior Features

Basement Crawl Space
Flooring Carpet,Hardwood
Furnished Y/N Partially
Fireplace Features Decorative
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Window Treatments
Fireplace Y/N Yes
Laundry Features Inside
LivingAreaSource Public Records

Exterior Features

Parking Features Driveway,Guest,Open
Lot Features Historic District,City Lot,Landscaped,Oversized Lot,Sidewalk
Water Source Public
Lot Size Area 14375
Foundation Details Crawlspace
Number of Buildings 1
Building Area Total 5339
Lot Size Acres 0.33
Road Surface Type Paved
Number of Separate Electric Meters 3
Road Frontage Type Street Paved
Open Parking Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 34471

Price
AVG $770K
$950K
Taxes
AVG $6,370
$6,950
Visits
AVG 243
16
Data Provided by Inside Real Estate®
Year Built
AVG 1931
1891

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