• $589,000List Price
  • ActiveStatus
  • 42Number of Photos
  • 29.158803Latitude
  • 2950 SE 53rd CourtAddress
  • SE 53rd CourtStreet
  • OcalaTown
  • FLState
  • 34480Zip
  • MarionCounty
  • Residential IncomeProperty Type
  • TB8498918MLS Number
  • 3,417Square Feet
  • 1984Year Built
  • 0.25Acreage

Listing Tools

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!

Location

Listings courtesy of StellarMLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of May 15, 2026 8:06 PM EDT. 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. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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