Active

2950 SE 53rd Court

OCALA, FL 34480
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Bed 6

Bed

Bath 4

Bath

SqFt3,417

Sqft

Acres0.25

Acre(Lot)

11% CAP RATE. Investor opportunity in desirable Southeast Ocala! This quadplex consists of four 2-bedroom, 2-bathroom units generating approximately $5,443/month ($65,316 annually) at full occupancy. Currently, three units are leased with one recently vacated—offering immediate upside to place a new tenant at market rent or for potential owner-occupancy. Current rent roll: Apt A – $1,400/mo (lease through 03/31/2027) Apt B – $1,350/mo (renewed, Section 8) Apt C – $1,393/mo (Section 8) Apt D – $1,300/mo (recently vacated). Two units have been renovated with vinyl flooring, updated kitchens, and bathrooms, while two remain unrenovated with tile flooring, providing clear value-add potential to increase rents and returns. Each unit features a front porch, functional layouts, and stron g tenant appeal. Major improvements include a new roof (2025) and a new $25,000 driveway (Dec 2025). Landscaping is maintained weekly. HOA is $142.72/month and includes trash service. Tenants pay water and electric, helping keep operating expenses low. Conveniently located near shopping, dining, and major roadways, supporting consistent rental demand in Ocala’s growing market. Whether you're looking for a cash-flowing asset with upside or a value-add opportunity, this property delivers. Schedule your showing today!

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Detail Ic Property Details

Property Type : Residential Income

Price : $589,000

AD Id : 77669383

MLS Id : MFRTB8498918

Beds : 6

Lot Size : 0.25 Acre

Living Area Size : 3,417

Year Built : 1984

County : Marion

Subdivision: Greenfields 01

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Feature Features

  • Bedroom Information

    Total Bedroom: 6

    Bathroom Information

    Total Baths: 4

    Interior Features

    Ceiling Fans(s), Eat-in Kitchen Roof: Shingle Laundry Features: Inside

    Roofing Information

    Shingle
  • Flooring Information

    Construction Materials: Block
  • Heating & Cooling

    Heating: Central Cooling: Central Air WaterSource: Public

  • Building Information

    Year Built: 1984
  • Exterior Features

    Fence, Private Entrance Construction Materials: Block Foundation Details: Slab

  • Lot Information

    Lot Dimensions: 100x110 Lot Square Feet: 10890 Lot Acres: 0.25 Lot Size (SqMt): 1012

    Property Information

    Property Type: Residential Income Sub Type: Quadruplex

  • Listing Price Information

    Original List Price:$579000

  • Tax Information

    Tax Block: A Tax Book Number: W-029GREENFI Tax Lot: 12 Tax Legal Description: SEC 25 TWP 15 RGE 22 PLAT BOOK W PAGE 029 GREENFIELDS UNIT 1 BLK A LOT 12 Annual Tax: $7046.59 Tax Year: 2025 Parcel Number: 29698-001-12

  • Utility Information

    Electricity Connected, Sewer Connected, Water Connected Sewer: Septic Tank Water Source: Public
  • Location Information

    Subdivision: GREENFIELDS 01 City: OCALA Direction: Take Exit 341 ? State Road 484 (SR-484). Head east on SR-484. Turn left onto SE Baseline Rd (County Rd 35). Continue north for about 2–3 miles. Turn left onto SE 28th St. Turn right onto SE 55th Ave. Turn left onto SE 28th Ln. Arrive at the property (on your right).
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
5395 SE 30th Place #ALL.., Ocala, FL, 34480 $579,000 8 8 3,417 3,417 SqFt
5355 SE 29th Place, Ocala, FL, 34480 $579,000 8 8 3,417 3,417 SqFt
3050 SE 53rd Court, Ocala, FL, 34480 $549,900 8 8 3,417 3,417 SqFt
5080 SE 31st Street, Ocala, FL, 34480 $549,000 8 4 3,782 3,782 SqFt
5320 SE 28th Lane, Ocala, FL, 34480 $309,000 4 4 1,736 1,736 SqFt
4151 SE 22nd Avenue, Ocala, FL, 34480 $699,999 8 4 3,913 3,913 SqFt
4111 SE 22nd Avenue, Ocala, FL, 34480 $699,999 8 4 3,870 3,870 SqFt
2000 SE 40th Street Road, Ocala, FL, 34480 $564,000 8 4 3,233 3,233 SqFt
1820 SE 40th Street Road, Ocala, FL, 34480 $564,000 8 4 3,233 3,233 SqFt
15845 SW 33rd Avenue Road, Ocala, FL, 34480 $399,900 4 4 1,968 1,968 SqFt
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ByOwner last updated this listing 06/23/2026 @ 18:20

MLS: MFRMLS #TB8498918 LISTED BY: Tina White, EXP REALTY LLC 888-883-8509 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)

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