4040 E FORT KING STREET, Ocala, FL, 34470 | $317,400

This cottage-style residence features four bedrooms and two bathrooms, situated in a quaint area just off Fort King Street, encompassing nearly half an acre. Upon arrival, you are greeted by a spacious front porch adorned with large windows. Inside, to the right, a hallway leads to three sizable bedrooms, each equipped with open closets and ceiling fan/light fixtures, alongside a conveniently located guest bathroom. The owner's suite includes an updated en-suite bathroom with a view of the pool. The main living area offers a bright and spacious living room. The updated kitchen is equipped with a farmhouse sink, stainless steel appliances, and modern cabinetry, complemented by a cozy sitting area. Adjacent to the kitchen, an open laundry room and a large storage pantry also serves as the mechanical room. A sitting area with a wood-burning fireplace overlooks the pool and the fenced backyard. Notably, the spacious living areas and bedrooms feature luxury vinyl flooring. Step outside to discover your private backyard retreat, ideal for both entertainment and relaxation. The back patio and pool area are perfect for hosting gatherings with friends and family, allowing you to create your own personal paradise. Additional features include a two-car garage, a concrete pad behind the fence suitable for trailer parking, and a storage shed. The roof was replaced in 2022, and the gas hot water heater was updated in 2023. With its desirable proximity to downtown Ocala, municipal tennis courts, parks, schools, restaurants, and shopping, this home is certainly worthy of consideration.

Features

  • Rooms: 7
  • Bedrooms: 4
  • Baths: 2 full
  • Lot Size: 100 x 200
  • Laundry: Inside, Laundry Room
  • Year Built: 1973
  • Garage: 2-car Driveway
  • Heating: Heat Pump
  • Cooling: Central Air
  • Approx Sq. Feet: 2,064
  • Acreage: 0.46
  • Lot Size: 100 x 200
  • Est. Taxes: $3,970
  • Lot Desc: City Lot, Near Golf Course
  • Elem. School: Ward-Highlands Elem. School
  • Middle School: Fort King Middle School
  • High School: Forest High School
  • Pool: Gunite, In Ground
  • Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave, Range, Range Hood, Refrigerator
  • MLS#: OM695526
  • Days on Market: 59 days
  • Website: https://www.raveis.com
    /prop/OM695526/4040efortkingstreet_ocala_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 4/29/2025 9:36:20 PM)
Listing courtesy of NEXTHOME SALLY LOVE REAL ESTATE   Phone: 352-399-2010

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

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4040 E FORT KING STREET, Ocala, FL, 34470

$317,400

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $253,920 $253,920 $253,920
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.875% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.944% 7.025% 6.046%
Monthly Tax Payment $331 $331 $331
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,563 $1,668 $2,109
Total Monthly Payment $1,969 $2,074 $2,515

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.