5380 28th Court, FL
Stellar MLS

$299,000

5380 28th Court

Ocala, FL 34480

Active
10
Beds
5
Baths
2,966
Sq Ft
1.12
Acres
1969
Built
1.12 acres$101/sqft360° tour
Multi-Family 5+

Property type

1969

Year built

48,788 sqft

Lot size

$101

Price / sq ft

No HOA

HOA dues

103

Days on market

x

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 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

Principal & interest$1,512
Property taxes$90
Home insurance (est.)$137

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 history103 days on market

  1. Status: Active
    Feb 20, 2026
  2. Listed$320,000
    Feb 20, 2026
  3. Price reduced$299,000

Virtual Tour

Facts & features

Property type
Residential Income
Sub type
Multi-Family 5+
Status
Active
Days on market
103
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

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 riskFEMA Zone X

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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MLS GRID

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 3, 2026 at 5:43 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.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA