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743 E Fort King St, Ocala, FL 34471

$1,300,000
  • 7

    bed

  • 7

    bath

  • 4,277

    Sqft ($304/Sqft)

Multi-family for sale 10 days

About 743 E Fort King St

Property type Multi-family
Neighborhood
Year built 1891
HOA fee $0/month
Lot size 0.43 Acre
Parking 1 garage spaces
Property description
OWN A PIECE OF OCALA HISTORY—AND A TRULY DISTINCTIVE FOUR-UNIT INCOME PROPERTY IN ONE OF THE CITY'S MOST HISTORIC SETTINGS. Anchoring this remarkable offering is the historic Z.C. Chambliss House, an impressive three-story residence dating to 1891 and situated within Ocala's historic district. Its commanding architecture, expansive porches, soaring ceilings, stained-glass accents, rich woodwork, decorative fireplaces and period details reflect an era of Ocala's history that simply cannot be recreated in modern construction. Located along E Fort King Street in Ocala's historic district, the property is surrounded by the character and architectural heritage of one of the city's established historic areas while remaining exceptionally convenient to Downtown Ocala, restaurants, shopping, professional services and entertainment. The offering encompasses two parcels and two physical addresses—743 E Fort King Street and 42 SE Wenona Avenue—with four distinct rentable components. The centerpiece is the approximately 2,757-SF historic main residence offering 4 bedrooms and 3.5 baths. Currently vacant and offered for lease at $6,500 per month, the residence presents an exceptional opportunity for an owner-user or an investor seeking additional rental income. The main residence thoughtfully blends historic character with substantial updates. The renovated kitchen features 1¼-inch granite countertops, a large island, new sink, new garbage disposal and updated appliances. Bathrooms have been modernized with stone or marble finishes and new fixtures. Custom Pro Closet improvements enhance the home's closets and storage, while a dedicated rear-entry laundry/mudroom with washer and dryer adds everyday functionality. Three additional rentable spaces add to the property's versatility. A separate approximately 460-SF office/commercial building, connected to the main residence by a breezeway and presently occupied by Ocala Magazine, is rented at $2,000 per month and includes use of the property's one-car garage. A separate residential building contains an approximately 460-SF first-floor 1-bedroom/1-bath apartment, currently vacant and offered at $1,000 per month, and an approximately 600-SF second-floor 2-bedroom/1-bath apartment currently rented at $1,450 per month. Inviting outdoor areas include a 12' x 12' shade awning, mature landscaping and attractive grounds. This is not a typical four-unit property. It combines a historically significant residence, residential apartments, office/commercial space, existing rental income and an outstanding in-town location. The configuration provides considerable flexibility for an investor or owner-user while preserving the architectural presence and character that make the property truly distinctive. Situated on approximately 0.43 combined acres with off-street parking and convenient access to Downtown Ocala, this offering brings together history, architecture, location and income potential in a way rarely found in a single property. Whether envisioned as an investment, an owner-occupied income property, a professional/residential combination, or an opportunity to become the next steward of an extraordinary historic Ocala property, 743 E Fort King Street and 42 SE Wenona Avenue offer something genuinely different. Schedule a private showing and experience this remarkable property in person.
Listed by
Listing Agent - Anthony Kanaris PLLC
Listing Agent Contact: 352-515-0226
Listing Office - BRIDGE POINT BUSINESS REAL EST
Source: Stellar MLS mls logo
MLS#W7889567 • last updated 1 week ago
Movoto checked Stellar MLS for data 24 minutes ago
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Overview
Cooling/AC Central Air
Levels/Style Three Or More
Type Residential Income
Virtual Tour External Link
SubType Quadruplex
Status Active
MLS # W7889567
SqFt 4277
Lot Size (Acres) 0.43
Lot Size (SqFt) 18764
Property Tax 7411.32
Year Built 1891
Condition Completed
Interior
Total # Bathrooms 7
# Bedrooms 7
Interior Features Built-in Features, High Ceilings, PrimaryBedroom Upstairs, Solid Surface Counters, Solid Wood Cabinets, Walk-In Closet(s), Window Treatments
Exterior
Exterior Garden, Private Entrance, Sidewalk
Roof Metal, Shingle
Other Structures Other
# Garage Spaces 1
Amenities / Utilities
Utilities Desc Electricity Connected, Public, Sewer Connected, Water Connected
Sewer Public Sewer
Security Features Closed Circuit Camera(s)
Location
County Marion
Community Features Sidewalks
Subdivision SOL BENJAMIN'S SUBDIVISION / CALDWELLS ADDITION TO
APN 28363-003-06
Zoning RBH3
Multifamily Details
Financial Data Source Owner
Annual Gross Income 131400
Lot/ Land Details
Number Of Lots 2
Road Surface Type Paved
Additional Parcels Desc 28363-003-05
Road Responsibility Public Maintained Road
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8/10
5/10
Osceola Middle School
public Grades 6-8
Marion
3/10
Vanguard High School
public Grades 9-12
Marion
Source: GreatSchools.org © 2026. All rights reserved.

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