2950 SE 53rd Ct Ocala, FL 34480
Silver Spring Shores NeighborhoodEstimated payment $3,800/month
Highlights
- Eat-In Kitchen
- Central Heating and Cooling System
- Fenced
- Forest High School Rated A-
- Ceiling Fan
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!
Listing Agent
EXP REALTY LLC Brokerage Phone: 888-883-8509 License #3435934 Listed on: 04/22/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,047
Year Built
- Built in 1984
Lot Details
- 10,890 Sq Ft Lot
- Lot Dimensions are 100x110
- Fenced
HOA Fees
- $143 Monthly HOA Fees
Home Design
- Quadruplex
- Slab Foundation
- Shingle Roof
- Block Exterior
Interior Spaces
- 3,417 Sq Ft Home
- Ceiling Fan
- Eat-In Kitchen
- Laundry in unit
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Legal Lot and Block 12 / A
- Assessor Parcel Number 29698-001-12
Community Details
Overview
- Greenfields 01 Subdivision
Pet Policy
- Pets Allowed
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,047 | $314,967 | -- | -- |
| 2024 | $5,799 | $286,334 | -- | -- |
| 2023 | $5,475 | $260,304 | $0 | $0 |
| 2022 | $4,907 | $236,640 | $20,000 | $216,640 |
| 2021 | $3,868 | $165,240 | $20,000 | $145,240 |
| 2020 | $3,571 | $151,470 | $20,000 | $131,470 |
| 2019 | $3,435 | $145,860 | $20,000 | $125,860 |
| 2018 | $3,022 | $117,300 | $20,000 | $97,300 |
| 2017 | $2,864 | $107,100 | $19,580 | $87,520 |
| 2016 | $2,803 | $107,100 | $0 | $0 |
| 2015 | $2,722 | $102,000 | $0 | $0 |
| 2014 | $2,385 | $85,272 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/22/2026 04/22/26 | For Sale | $579,000 | -- | $169 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $320,000 | Marion Lake Sumter Title Llc | |
| Quit Claim Deed | -- | Attorney | |
| Warranty Deed | $240,000 | Attorney | |
| Special Warranty Deed | $76,000 | Premium Title Services Inc | |
| Trustee Deed | $31,600 | Attorney | |
| Personal Reps Deed | -- | Attorney | |
| Corporate Deed | $255,000 | All American Land Title Insu | |
| Warranty Deed | $67,600 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $222,750 | New Conventional | |
| Previous Owner | $180,000 | New Conventional | |
| Previous Owner | $127,500 | Purchase Money Mortgage |
About the Listing Agent
Tina's Other Listings
Source: Stellar MLS
MLS Number: TB8498918
APN: 29698-001-12
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Ask me questions while you tour the home.