2950 SE 53RD CT, Ocala, FL 34480
2950 SE 53RD CT, Ocala, FL 34480
2950 SE 53RD CT, Ocala, FL 34480
2950 SE 53RD CT, Ocala, FL 34480
2950 SE 53RD CT, Ocala, FL 34480
2950 SE 53RD CT, Ocala, FL 34480
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$ 589,000
Est. payment | /mo

3,417 SqFt


$ 589,000
Est. payment | /mo

3,417 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,417 sqft

Price per Sqft $172

Subdivision Greenfields 01

MLS Listing ID TB8498918

HOA Fees $142/mo

HOA Y/N Yes

Annual Recurring Fee 1712.64

Year Built 1984

Annual Tax Amount $7,046

Lot Size 10,890 Sqft

Acres 0.25

Lot Dimensions 100x110

Property Sub-Type Quadruplex

Source Stellar MLS

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!

Location

State FL

County Marion

Community Greenfields 01

Area 34480 - Ocala

Zoning R3

Interior

Interior Features Ceiling Fans(s), Eat-in Kitchen

Heating Central

Cooling Central Air

Fireplace false

Laundry Inside

Exterior

Exterior Feature Fence, Private Entrance

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Roof Type Shingle

Garage false

Private Pool No

Building

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Sewer Septic Tank

Water Public

Structure Type Block

New Construction false

Others

Pets Allowed Yes

Senior Community No

Ownership Fee Simple

Monthly Total Fees $142

Membership Fee Required Required

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8498918

Stellar MLS
Listed by Tina White EXP REALTY LLC

Schools and Properties Nearby

Take a Closer Look

2950 SE 53RD CT

My daughter and I decided to move to Summerville, SC from Kansas last year. We flew out to SC for a few days to look around and at this time, I didn't have a realtor yet. By chance, we stopped at an open house and met Angie!!! She was so nice and easy to talk with, almost like we had known each other for years! The next month, we flew back out and Angie had the day lined up with showings. She was great on pointing out the positives/negatives of each house. She wanted us to feel comfortable about our new home. Angie was extremely helpful with our long distance move. She was always available to answer any questions. We definitely made the right decision on Angie being our realtor!!! DeeAnna

DeeAnna McClendon

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