2950 Se 53rd Court, Ocala, FL 34480
- $575,900
- 8
- BD
- 8
- BA
- 3,417
- SqFt
- List Price
- $575,900
- Status
- Active
- Days on Market
- 97
- Price Change
- ▼ $12,100 1783978989
- MLS#
- TB8498918
- Property Style
- Quadruplex
- Year Built
- 1984
- Bedrooms
- 8
- Bathrooms
- 8
- Living Area
- 3,417
- Lot Size
- 10,890
- Acres
- 0.25
- Total Acreage
- 1/4 to less than 1/2
- Legal Subdivision Name
- Greenfields 01
- MLS Area Major
- Ocala
Property Description
Seller offering up to $5,000 toward buyer's closing costs and/or prepaids with an acceptable offer. 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 34 (1/1): $1,150/month – Month-to-month (Section 8, planning to relocate) Apt 36 (1/1): – VACANT Apt 38 (2/1): $1,250/month – Lease ends 10/31/2026 Apt 40 (2/1): $1,300/month – Lease ends 10/31/2026 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!
/u.realgeeks.media/thenestgrouprealty/logo-combo.png){kind=logo}
Additional Information
- Taxes
- $7046
- Annual Gross Income
- 60600
- Hoa Fee
- $142
- HOA Payment Schedule
- Monthly
- Community Features
- No Deed Restriction
- Zoning
- R3
- Interior Layout
- Ceiling Fans(s), Eat-in Kitchen
- Interior Features
- Ceiling Fans(s), Eat-in Kitchen
- Utilities
- Electricity Connected, Sewer Connected, Water Connected
- Heating
- Central
- Air Conditioning
- Central Air
- Exterior Construction
- Block
- Exterior Features
- Fence, Private Entrance
- Roof
- Shingle
- Foundation
- Slab
- Pool
- No Pool
- Pets
- Allowed
- Flood Zone Code
- X
- Parcel ID
- 29698-001-12
- Legal Description
- SEC 25 TWP 15 RGE 22 PLAT BOOK W PAGE 029 GREENFIELDS UNIT 1 BLK A LOT 12
Listing courtesy of EXP REALTY LLC. 888-883-8509
Mortgage Calculator
StellarMLS is the source of this information via Internet Data Exchange Program. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. Data last updated on