$299,000
5380 28th Court
Ocala, FL 34480
Listing updated: June 25, 2026 at 3:57 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
- PRICE IMPROVEMENT – NOW OFFERED AT $299,000 5380, 5420, 5431, & 5501 SE 28th Court, Ocala, FL Significant price adjustment reflecting current market conditions. This assembled four-parcel income-producing portfolio is now offered at $299,000, creating an attractive entry point for investors seeking immediate cash flow and long-term upside in one of Central Florida's fastest-growing markets. Exceptional opportunity to acquire four income-producing parcels (sold together – cannot be separated) in rapidly expanding Ocala. This offering is part of a larger 9-property **UPDATE 5 out of 9 STILL AVAILABLE** investment portfolio and consists of tenant-occupied mobile homes with documented rental history and established cash flow. Income is in place from day one, allowing an investor to step into an operational asset with immediate returns. With leases currently in place, the portfolio offers both short-term income continuity and long-term flexibility for future value enhancement at the buyer's discretion. Each parcel is individually positioned yet assembled to create scale, operational efficiency, and strategic leverage. The properties provide workforce housing in a corridor experiencing strong population growth, infrastructure expansion, and sustained rental demand driven by in-migration and employment growth. Ocala continues to benefit from major corporate and regional investment, including distribution facilities developed by nationally recognized operators such as FedEx and AutoZone. The internationally recognized World Equestrian Center—the largest equestrian complex in the United States—generates year-round tourism, seasonal residency, and ongoing housing demand. Strategic Central Florida Location: • Approx. 75 miles to Orlando International Airport • Approx. 1 hr 20 min to Daytona Beach • Approx. 1 hr 30 min to Clearwater Beach • Direct access to I-75 connecting Tampa, Orlando, and North Florida This central positioning enhances tenant appeal while reinforcing long-term land value fundamentals. Investment Highlights: • Price recently reduced to reflect current market conditions • Tenant-occupied with income in place • Multi-parcel assemblage increases flexibility and scale • Opportunity for phased improvements and rental optimization • Attractive hold-and-enhance or long-term land-bank strategy (buyer to verify zoning and land-use options) As Marion County continues to attract logistics, industrial, and tourism-related growth, assembled multi-parcel income opportunities remain limited. This portfolio provides immediate cash flow with built-in flexibility to execute a tailored improvement or redevelopment plan over time. All parcels in this listing convey together. Serious investors should take note of this newly adjusted pricing and evaluate the opportunity promptly. REF: TB8478427, TB8478180
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history125 days on market
- Status: ActiveFeb 20, 2026
- Listed$320,000Feb 20, 2026
- Price reduced$299,000
Facts & features
- Property type
- Residential Income
- Sub type
- Multi-Family 5+
- Status
- Active
- Days on market
- 125
- Subdivision
- Florida Orange Grove Lt 275
- County
- Marion
- Year built
- 1969
- Living area
- 2,966 sq ft
- Price/sq ft
- $101
- Lot size
- 48,788 sq ft
- Lot category
- 1 to less than 2
- Flood zone
- x
- Annual taxes
- $1,082 (2025)
- Parcel #
- 3582-275-002
- Zoning
- R4
- MLS #
- TB8478451
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Interior Details
- Bedrooms
- 10
- Interior features
- Ceiling Fans(s)
- Laundry
- Other
Heating & Cooling
- Heating
- Electric
- Cooling
- Mini-Split Unit(s)
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
Exterior & Construction
- Exterior features
- Fence
- Construction materials
- Metal Siding
- Roof
- Other
- Foundation
- Pillar/Post/Pier
- Road surface
- Dirt
Utilities
- Sewer
- Septic Tank
- Water source
- Well
- Utilities
- Electricity Connected
Community
- Pets allowed
- Cats OK, Dogs OK
Listing Details
- Listing date
- 2026-02-18
- On market date
- 2026-02-20
- Original list price
- $320,000
- MLS area
- 34480 - Ocala
- Listing AOR
- Orlando Regional
- Status changed
- 2026-02-20
- Tax legal description
- SEC 03 TWP 16 RGE 22 PLAT BOOK D PAGE 064 FLORIDA ORANGE GROVE CORP N 133 FT OF E 1/2 OF LOT 275
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
MLS Driving Directions (From I-75 North)-Take Exit 341 toward Belleview / County Road 484.-Turn right onto CR-484 East.-Continue approximately 3.5 miles.-Turn left onto SE 36th Avenue.-Continue north about 1 mile.-Turn right onto SE 54th Street.-Turn left onto SE 28th Court.-Property will be on the right-hand side.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively 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.
Based on information submitted to the MLS GRID as of June 25, 2026 at 3:57 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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