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2950 SE 53rd Court, Ocala, FL 34480

$589,000
  • 2950 SE 53rd Court, Ocala, FL 34480 Main Photo

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Active
BEDS0 BATHS SQUARE FEET3,417 MLS#TB8498918
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONGREENFIELDS 01

Property Description

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 strong 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!

2950 SE 53rd Court | MLS# TB8498918

This multi-family property located at 2950 SE 53rd Court, Ocala, FL 34480 is currently listed for sale with an asking price of $589,000. Search Ocala real estate on www.robbharrison.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.25 Acres
Roof Type: Shingle
Taxes: $7,046
Year Built: 1984

Amenities

Ceiling Fans(s)
Eat-in Kitchen
Fence
Private Entrance

Feature Descriptions

Annual Net Income: 50000.00
Days on Site: 40
Directions: 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 2â??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 r
Exterior: Block
Flood Zone Code: X
Foundation: Slab
HOA Fee: 142.72/ Monthly
HOA Y/N: Yes
Home Warranty Y/N: No
Lot Dimensions: 0.25
Other Equipment: Private Entrance
Ownership: Fee Simple
Pets Allowed: Yes
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Septic Tank
Showing Instructions: Combination Lock Box, ShowingTime
Special Sale Provisions: None
Utilities: Electricity Connected, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Zoning: R3

Listed By / Shown By

Listed By

Agency Name: EXP REALTY LLC
Agency Contact: 888-883-8509

Shown By

Agency Title: Robb Harrison Realty, Inc.
Agency Phone: 352-877-2790

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Estimated Payment

$ 4,222.42 per month $3,463.46 Principal & Interest $587.17 Property Tax $171.79 Homeowner's Insurance

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