tomo logo

$199,990

Beds
4
Baths
2.5
sq ft
1,662

504 SW Fort King St, Ocala, FL 34471

504 SW Fort King St

OCALA, FL 34471

  • <1 day on market
Turnkey Investment – Leased Until Oct 2025! Looking for a cash-flowing property with a long-term tenant in place? This spacious 4-bed, 2.5-bath + extra family room home is rented at $1,700/month until October 31, 2025, making it a perfect addition to your portfolio. - Prime Location for Strong Tenant Demand: Walkable to Starbucks, Ocala Downtown Market, Judicial & Marion County Clerks of Courts, Near Florida Ocala Hospital & Social Security Administration – perfect for professionals. Surrounded by shopping plazas & local businesses - Move-in Ready: New roof, updated electrical, new flooring, and freshly painted. High Occupancy Security: Tenant-occupied with stable rental income. Strong Appreciation: Desirable area with increasing property values - Instant Cash Flow – No Vacancy Worries! DM for lease details,

Details

Property type

Single Family Residence

Est. home value

$154,453

Lot size

6,534 sq ft

Price per sq ft

$121

Year built

1900

Annual property taxes

$1,963.67

HOA

No

Price History

02/23/2025
StellarMLS

StellarMLS #S5120745

Listed
$199,990
+66.66%
02/06/2023
StellarMLS

StellarMLS #O6040424

Sold
$120,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Newport Holdings Llc

Loan start date

January 2023

Original loan amount

$104,000

Est. remaining balance

Not provided

Interest rate

6.31%

Loan type

Commercial, 1 year

Seller

Roots Pm Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 02/23/2025 at 1:45 PM

Listing updated: 02/23/2025 at 12:15 PM

Listed by: Giancarlo Pimentel, TOP SAVING REALTY Phone #: (407) 846-0573

MLS: StellarMLS #S5120745

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