$579,000

5305 SE 28th Ln Unit ALL UNITS Ocala, FL 34480

Silver Spring Shores Neighborhood

Estimated payment $3,663/month

Total Views 585
-- Bed
-- Bath
3,472 Sq Ft
$167 Price per Sq Ft

Highlights

  • Tile Flooring
  • Forest High School Rated A-
  • Central Heating and Cooling System

About This Home

Turnkey Fully Renovated Quadplex in SE Ocala - Prime Investment Opportunity! Discover this meticulously updated quadplex in the heart of SE Ocala, perfect for investor OR a homeowner. Live in one and rent the other 3. Featuring (4) spacious 2-bedroom, 2-bath units, this property boasts modern upgrade quartz countertops, updated light fixtures, stainless steel appliances and a 2019 roof. Each unit has washer and dryer hookups and tenants supplies their own washer and dryers. Notable features: central AC and heat, 4 electric meters (City of Ocala), 4 water meters (Marion utilities) Tenants pay $41/month utility reimbursement for trash and septic maintenance There is a shared septic. Three units are tenant-occupied rent roll available upon request. One unit is currently vacant

Listing Agent

Maria Walden

Real Estate Connect LLC License #3331161 Listed on: 11/05/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,334

Year Built

  • Built in 1984

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,472 Sq Ft Home
  • 1-Story Property

Flooring

  • Tile
  • Vinyl

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2969800110

Community Details

Overview

  • 4 Units
  • Greenfields Subdivision

Building Details

  • Operating Expense $65,160
  • Net Operating Income $57,825

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,334

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: Follow US-301 S, then FL-35 N/SE Baseline Rd. Turn onto SE 28th St, then SE 55th Ave. Continue on SE 28th Ln, which turns slightly left and becomes SE 53rd Ct in Marion County.
  • Year Built: 1984
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Tile, Vinyl
  • Living Area: 3472.0

Exterior Features

  • Exterior Features: None
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No

Lot Info

  • Parcel #: 2969800110
  • Lot Size: East of US-1
  • Zoning Description: R3

Multi Family

  • Property Net Operating Income: 57825.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 65160.0

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 7334.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2024 $6,039 $312,120 $25,000 $287,120
2023 $5,786 $293,760 $20,000 $273,760
2022 $4,396 $181,764 $0 $0
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 $2,652 $93,799 $0 $0
2014 $2,385 $85,272 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2025 11/05/25 For Sale $579,000 -- $667 / Sq Ft
Source: BeachesMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,285,000 None Listed On Document
Warranty Deed $1,285,000 None Listed On Document
Warranty Deed $1,262,800 --
Interfamily Deed Transfer -- Attorney
Special Warranty Deed $135,000 --
Deed $132,200 --
Special Warranty Deed $132,000 Attorney
Trustee Deed $46,800 Attorney
Personal Reps Deed -- Attorney
Corporate Deed $255,000 All American Land Title Insu
Warranty Deed $67,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $750,000 Credit Line Revolving
Closed $750,000 Credit Line Revolving
Previous Owner $127,500 Purchase Money Mortgage
Source: Public Records

Source: BeachesMLS

MLS Number: R11138322

BeachesMLS

APN: 29698-001-10