NOT LISTED FOR SALE

5131 SE 29th St Ocala, FL 34480

Silver Spring Shores Neighborhood

Estimated Value: $398,000 - $451,000

6 Beds
4 Baths
3,066 Sq Ft
$140/Sq Ft Est. Value

Sale Details

Date Sold: March 11, 2025

Last sale price $418,000 $136 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,864 / mo

55 Days on Market

Highlights

  • No HOA
  • Family Room Off Kitchen
  • Walk-In Closet
  • Forest High School Rated A-
  • Eat-In Kitchen
  • Central Heating and Cooling System

About This Home

As of March 2025

Discover an exceptional income producing investment opportunity in SE Ocala. Well-maintained quadplex with a newer roof completed in 2022, the units feature in-unit laundry, walk-in closets and a generous layout. Cosmetic updates will maximize the full potential of this asset. The building consists of two - 2 bed, 1 bath units and two 1 bed, 1 bath units, each with its own patio. Willing to sell in conjunction with MLS ID: TB8323850, TB8323862 & TB8323866.

Last Agent to Sell the Property

Kelsey Duncan

GRECO REAL ESTATE Brokerage Phone: 941-685-0449 License #3579696 Listed on: 11/23/2024

Last Buyer's Agent

Sergio Palmero

LIFESTYLE INTERNATIONAL REALTY License #3543056

LIFESTYLE INTERNATIONAL REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,529

Year Built

  • Built in 1980

Lot Details

  • 14,375 Sq Ft Lot

Home Design

  • Quadruplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,066 Sq Ft Home
  • Ceiling Fan
  • Family Room Off Kitchen
  • Eat-In Kitchen
  • Laundry in unit

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 4 Bathrooms

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • 4 Units
  • Whispering Sands Un 01 Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,529

Year Built

Built in 1980

Lot Details

0.33 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 3066
  • Lot Size Acres: 0.33
  • New Construction: No
  • Year Built: 1980
  • Lot Size Sq Ft: 14375
  • Status: Sold
  • Street Direction: SE
  • Ownership: Fee Simple
  • Escrow State: FL
  • RATIO Current Price By Calculate: 136.33
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • MFR_DockYN: 0
  • Attribution Contact: 941-685-0449
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Walk-In Closet(s)
  • Foundation Details: Slab
  • Total Bedrooms: 6
  • Living Area Meters: 284.84

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12083C0537D

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer, Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: R3
  • Parcel Number: 2972-001-004
  • Additional Parcels: No
  • Flood Zone Code: X

Multi Family

  • Number Of Units Total: 4
  • Total Num Buildings: 1
  • Unit Count: 4

Tax Info

  • Tax Annual Amount: 5529
  • Tax Block: A
  • Tax Book Number: T-028WHISPER
  • Tax Lot: 4

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2024
Closed on
Mar 7, 2025
Sold by
Bought by
Seller's Agent
Kelsey Duncan
GRECO REAL ESTATE
Buyer's Agent
Sergio Palmero
LIFESTYLE INTERNATIONAL REALTY
List Price
$425,000
Sold Price
$418,000
Premium/Discount to List
-$7,000
-1.65%
Views
8
Current Estimated Value
$429,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,333
Avg. Annual Appreciation
2.27%
Original Mortgage
$313,500
Interest Rate
0.0687%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2024
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,425,980
Interest Rate
0.0612%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2022
Sold by
Bought by

Purchase Details

Closed on
Dec 1, 2016
Bought by

Purchase Details

Closed on
Jul 28, 2015
Sold by
Bought by

Purchase Details

Closed on
Aug 26, 2013
Sold by
Bought by

Purchase Details

Closed on
Jun 14, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,500
Interest Rate
0.0612%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$418,000 Wesley Chapel Title
$1,340,000 None Listed On Document
$1,262,800 --
$100 --
-- Attorney
$302,900 Attorney
$135,000 --
$59,100 None Available
$249,200 Attorney
$109,700 Attorney
$235,000 Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $313,500
Closed $1,425,980
Closed $211,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/11/2025 03/11/25 Sold $418,000 -1.6% $136 / Sq Ft
01/17/2025 01/17/25 Pending -- -- --
01/06/2025 01/06/25 For Sale $425,000 +1.7% $139 / Sq Ft
11/23/2024 11/23/24 Off Market $418,000 -- --
11/23/2024 11/23/24 For Sale $425,000 0.0% $139 / Sq Ft
03/07/2022 03/07/22 Off Market $400 -- --
12/06/2013 12/06/13 Rented $400 -20.0% --
11/06/2013 11/06/13 Under Contract -- -- --
10/14/2013 10/14/13 For Rent $500 -- --
Source: Stellar MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,536 $294,780 $30,000 $264,780
2024 $5,768 $294,780 $25,000 $269,780
2023 $5,768 $277,440 $20,000 $257,440
2022 $3,799 $134,779 $0 $0
2021 $3,337 $146,880 $20,000 $126,880
2020 $3,124 $129,030 $20,000 $109,030
2019 $2,930 $112,200 $20,000 $92,200
2018 $2,617 $92,055 $20,000 $72,055
2017 $2,544 $87,210 $19,800 $67,410
2016 $2,373 $80,784 $0 $0
2015 $2,220 $71,808 $0 $0
2014 $2,170 $72,522 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2025

    Kelsey Duncan

    GRECO REAL ESTATE

    (813) 897-3877

    1 in this area

    4 Total Sales

    Kelsey Duncan
    Section Image
  • Sergio Palmero

    Buyer's Agent in 2025

    Sergio Palmero

    LIFESTYLE INTERNATIONAL REALTY

    (718) 915-8957

    1 in this area

    45 Total Sales

    Sergio Palmero
    Section Image

  • D

    Seller's Agent in 2013

    Dave Midgett

    OCALA LEASING REALTY LLC

    (352) 433-2214

    Dave Midgett
    Section Image
  • Marti Windfield

    Seller Co-Listing Agent in 2013

    Marti Windfield

    KELLER WILLIAMS CORNERSTONE RE

    (352) 342-1270

    3 in this area

    46 Total Sales

    Marti Windfield
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: TB8323693

Stellar MLS

APN: 2972-001-004

Florida Marion County Ocala 34480 Silver Spring Shores

5131 SE 29th St, Ocala, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS 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. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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