$320,000

Estimated payment $2,253/month

Total Views 112
3 Beds
1.5 Baths
1,686 Sq Ft
$190 Price per Sq Ft

Highlights

  • Family Room with Fireplace
  • Wood Flooring
  • Living Room
  • Eighth Street Elementary School Rated A-
  • No HOA
  • Laundry Room

About This Home

Discover a prime development opportunity in the heart of highly desirable Southeast Ocala! This expansive 0.56-acre lot, zoned R-3, presents a rare chance to create a multi-family residential project in a vibrant, sought-after community. Ideally situated, the property is perfect for investors or developers looking to capitalize on Ocala’s growing real estate market.
The existing house on the lot is ready for demolition, offering a blank canvas to build up to 10 multi-family units within the city limits of Ocala, subject to city approvals. The R-3 zoning allows for flexible development options, making this one of the best lots available for multi-family construction in the area. Its generous size and prime location on E Fort King St provide easy access to downtown Ocala, local amenities, schools, and major roadways, enhancing its appeal for future residents.
Don’t miss this exceptional opportunity to develop a high-demand property in one of Ocala’s most coveted neighborhoods. Act now to transform this lot into a thriving multi-family community!

Listing Agent

Rance Kay

CENTRAL FLORIDA REALTY Brokerage Phone: 352-427-9092 License #0114004 Listed on: 08/12/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,108

Year Built

  • Built in 1941

Lot Details

  • 0.56 Acre Lot
  • Lot Dimensions are 100x245
  • South Facing Home
  • Property is zoned R3

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,686 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Living Room
  • Wood Flooring
  • Crawl Space
  • Range
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Exterior Lighting

Schools

  • Eighth Street Elem. Elementary School
  • Osceola Middle School
  • Forest High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Bainbridge Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,108

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Frame
  • Fireplace: Yes
  • Living Area: 1686
  • Lot Size Acres: 0.56
  • New Construction: No
  • Year Built: 1941
  • Building Area Total: 1756
  • Lot Size Sq Ft: 24394
  • Directions to Property: Head south on NW 1st Ave toward W Silver Springs Blvd. Turn left onto E Silver Springs Blvd (SR 40). Continue on E Silver Springs Blvd for approximately 1.7 miles. Turn right onto E Fort King St. Proceed about 0.2 miles; 1807 E Fort King St will be on your right.
  • Status: Active
  • Street Direction: E
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 529793706
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 189.80
  • Total Acreage: 1/2 to less than 1
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 352-427-9092
  • Tax Year: 2024
  • Special Features: None

Interior Features

  • Fireplace Features: Family Room
  • Living Area Units: Square Feet
  • Flooring: Wood
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interior Amenities: Thermostat
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Crawlspace
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 1807
  • Living Area Meters: 156.63
  • Room Count: 3

Exterior Features

  • Direction Faces: South
  • Exterior Features: Lighting
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2008-08-28
  • Flood Zone Panel: 12083C0536D

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Available
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Room
  • Sewer: None
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Eighth Street Elem. School
  • High School: Forest High School
  • Middle Or Junior School: Osceola Middle School

Lot Info

  • Zoning: R3
  • Parcel Number: 28332-001-13
  • Additional Parcels: No
  • Lot Dimensions: 100x245
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 2266

Green Features

  • Green Verification Count: 0

Rental Info

  • Lease Restrictions YN: 0
  • Month To Month Or Weekly YN: 1

Tax Info

  • Tax Annual Amount: 6107.98
  • Tax Block: 1
  • Tax Book Number: D-069BAINBRI
  • Tax Lot: 3

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $6,031 $323,334 $132,000 $191,334
2022 $3,844 $192,618 $0 $0
2021 $3,384 $175,107 $88,000 $87,107
2020 $3,180 $173,908 $88,000 $85,908
2019 $2,707 $149,207 $66,000 $83,207
2018 $2,394 $131,757 $55,000 $76,757
2017 $2,267 $122,742 $49,000 $73,742
2016 $2,236 $119,605 $0 $0
2015 $2,864 $150,815 $0 $0
2014 $2,640 $149,321 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2025 08/12/25 For Sale $320,000 -- $190 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $800,000 --
Warranty Deed -- Attorney
Interfamily Deed Transfer -- Affiliated Title
Interfamily Deed Transfer -- Affiliated Title
Interfamily Deed Transfer -- Affiliated Title
Interfamily Deed Transfer -- Affiliated Title
Interfamily Deed Transfer -- Affiliated Title
Source: Public Records

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Source: Stellar MLS

MLS Number: OM707431

Stellar MLS

APN: 28332-001-13