$589,000
2950 SE 53rd Court Ocala, FL 34480
For Sale MLS# TB8498918
3,417 sq ft Multi-family
Details for 2950 SE 53rd Court
MLS# TB8498918
Description for 2950 SE 53rd Court, Ocala, FL, 34480
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!
Listing Information
Property Type: Residential, Quadruplex
Status: Active
Lot Size: 0.25 Acres
Square Feet: 3,417 sq ft
Year Built: 1984
Construction: Block
Subdivision: Greenfields 01
Foundation: Slab
County: Marion
Additonal Room Information
Laundry: Inside
Interior Features
Additional Interior Features: Ceiling Fan(s), Eat-In Kitchen
Utilities
Water: Public
Sewer: Septic Tank
Other Utilities: Electricity Connected,Sewer Connected,Water Connected
Cooling: Ceiling Fan(s), Central Air
Heating: Central
Exterior / Lot Features
Roof: Shingle
Lot Dimensions: 100x110
Additional Exterior/Lot Features: Fence, Private Entrance
Community Features
Homeowners Association: Yes
HOA Dues: $143 / Monthly
Driving 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).
Financial Considerations
Tax/Property ID: 29698-001-12
Tax Amount: 7046.59
Tax Year: 2025
A broker reciprocity listing courtesy: EXP REALTY LLC
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 2950 SE 53rd Court
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 2950 SE 53rd Court
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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