$589,000
2950 53rd Court
Ocala, FL 34480
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
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!
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 history19 days on market
- Status: ActiveApr 22, 2026
- Listed$579,000Apr 22, 2026
- Price increased$589,000
Virtual Tour
Facts & features
- Property type
- Residential Income
- Sub type
- Quadruplex
- Status
- Active
- Days on market
- 19
- Subdivision
- Greenfields 01
- County
- Marion
- Year built
- 1984
- Living area
- 3,417 sq ft
- Price/sq ft
- $172
- Lot size
- 10,890 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- X (12083C0545D)
- Annual taxes
- $7,047 (2025)
- Parcel #
- 29698-001-12
- Zoning
- R3
- MLS #
- TB8498918
Interior Details
- Bedrooms
- 0
- Interior features
- Ceiling Fans(s), Eat-in Kitchen
- Laundry
- Inside
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
HOA & Financial
- HOA fee
- $143 / Monthly
- Monthly HOA
- $143/mo
- Total monthly fees
- $143/mo
- Total annual fees
- $1,713
- HOA name
- N/A
- CDD
- No
- Ownership
- Fee Simple
Exterior & Construction
- Exterior features
- Fence, Private Entrance
- Construction materials
- Block
- Roof
- Shingle
- Foundation
- Slab
- Road surface
- Asphalt
Utilities
- Sewer
- Septic Tank
- Water source
- Public
- Utilities
- Electricity Connected, Sewer Connected, Water Connected
Community
- Pets allowed
- Yes
Listing Details
- Listing date
- 2026-04-15
- On market date
- 2026-04-22
- Original list price
- $579,000
- MLS area
- 34480 - Ocala
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2026-04-22
- Tax legal description
- SEC 25 TWP 15 RGE 22 PLAT BOOK W PAGE 029 GREENFIELDS UNIT 1 BLK A LOT 12
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
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 2–3 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 right).
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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 May 11, 2026 at 11:40 AM 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