$320,000

Estimated payment $1,773/month

Total Views 2,811
10 Beds
5 Baths
2,966 Sq Ft
$108 Price per Sq Ft

Highlights

  • Popular Property
  • 1.12 Acre Lot
  • Ceiling Fan
  • Forest High School Rated A-
  • No HOA
  • Dogs and Cats Allowed

About This Home

5380, 5420, 5431, & 5501 SE 28th Court - Exceptional opportunity to acquire four income-producing parcels (sold together – cannot be separated) in rapidly expanding Ocala. This offering is part of a larger 9-property investment portfolio and consists of tenant-occupied mobile homes with documented rental history and established cash flow. Income is in place from day one, allowing an investor to step into an operational asset with immediate returns. With leases currently in place, the portfolio offers both short-term income continuity and long-term flexibility for future value enhancement at the buyer’s discretion. Each parcel is individually positioned yet assembled to create scale, operational efficiency, and strategic leverage. The properties provide workforce housing in a corridor experiencing strong population growth, infrastructure expansion, and sustained rental demand driven by in-migration and employment growth. Ocala continues to benefit from major corporate and regional investment, including new distribution facilities developed by nationally recognized operators such as FedEx and AutoZone. The internationally recognized World Equestrian Center — the largest equestrian complex in the United States — generates year-round tourism, seasonal residency, and ongoing housing demand. Strategic Central Florida Location:
• Approx. 75 miles to Orlando International Airport
• Approx. 1 hr 20 min to Daytona Beach
• Approx. 1 hr 30 min to Clearwater Beach
• Direct access to I-75 connecting Tampa, Orlando, and North Florida
This central positioning enhances tenant appeal while reinforcing long-term land value fundamentals. Investment Highlights:
• Tenant-occupied with income in place
• Multi-parcel assemblage increases flexibility
• Opportunity for phased improvements and rental optimization
• Attractive hold-and-enhance or long-term land-bank strategy (buyer to verify zoning and land-use options) As Marion County continues to attract logistics, industrial, and tourism-related growth, assembled multi-parcel income opportunities remain limited. This portfolio provides immediate cash flow with built-in flexibility to execute a tailored improvement or redevelopment plan over time. All parcels in this listing convey together. Serious investors and developers should evaluate this opportunity promptly.
REF: TB8478427 , TB8478180

Listing Agent

Brian Lynch

LPT REALTY, LLC Brokerage Phone: 877-366-2213 License #3543723 Listed on: 02/20/2026

LPT REALTY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,082

Year Built

  • Built in 1969

Lot Details

  • 1.12 Acre Lot
  • Lot Dimensions are 133x82
  • Dirt Road
  • Fenced
  • Additional Parcels

Home Design

  • Pillar, Post or Pier Foundation
  • Metal Siding

Interior Spaces

  • 2,966 Sq Ft Home
  • Ceiling Fan

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Bathrooms

Utilities

  • Mini Split Air Conditioners
  • Heating Available
  • Well
  • Septic Tank

Listing and Financial Details

  • Legal Lot and Block 275 / D-064fl
  • Assessor Parcel Number 3582-275-002

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 4 Units
  • Florida Orange Grove Lt 275 Subdivision

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,082

Year Built

Built in 1969

Lot Details

1.12 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family 5+
  • Construction Materials: Metal Siding
  • Fireplace: No
  • Living Area: 2966
  • Lot Size Acres: 1.12
  • New Construction: No
  • Year Built: 1969
  • Lot Size Sq Ft: 48788
  • Number Of Lots: 4
  • Status: Active
  • Street Direction: SE
  • Ownership: Fee Simple
  • Escrow City: Tampa
  • Escrow State: FL
  • Escrow Street Name: West Cleveland
  • RATIO Current Price By Calculate: 107.89
  • Total Acreage: 1 to less than 2
  • Water Access YN: 0
  • Attribution Contact: 877-366-2213
  • Tax Year: 2025
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ceiling Fans(s)
  • Foundation Details: Pillar/Post/Pier
  • Total Bedrooms: 10
  • Living Area Meters: 275.55

Exterior Features

  • Exterior Features: Fence
  • Roof: Other
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Dirt
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Electricity Connected
  • Cooling: Mini-Split Unit(s)
  • Heating: Electric
  • Laundry Features: Other
  • Sewer: Septic Tank
  • Water Source: Well

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: R4
  • Parcel Number: 3582-275-002
  • Additional Parcels: Yes
  • Lot Dimensions: 133x82
  • Flood Zone Code: x

Rental Info

  • Pets Allowed: Cats OK, Dogs OK
  • Lease Restrictions YN: 0

Multi Family

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

Tax Info

  • Tax Annual Amount: 1081.54
  • Tax Block: D-064fl
  • Tax Book Number: D-064FLORIDA
  • Tax Lot: 275

Map

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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
2025 $1,082 $36,977 $12,801 $24,176
2024 $751 $18,472 -- --
2023 $751 $16,793 -- --
2022 $601 $15,266 $0 $0
2021 $559 $18,260 $10,241 $8,019
2020 $561 $19,874 $12,289 $7,585
2019 $529 $16,441 $10,241 $6,200
2018 $490 $13,997 $8,193 $5,804
2017 $477 $13,213 $8,193 $5,020
2016 $450 $8,616 $0 $0
2015 $413 $7,833 $0 $0
2014 $395 $7,121 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/20/2026 02/20/26 For Sale $320,000 +764.9% $108 / Sq Ft
05/22/2025 05/22/25 Sold $37,000 -7.5% $54 / Sq Ft View Prior Sale
05/02/2025 05/02/25 Pending -- -- --
05/02/2025 05/02/25 For Sale $40,000 -- $58 / Sq Ft
Source: Stellar MLS

Source: Stellar MLS

MLS Number: TB8478451

Stellar MLS
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