


2950 SE 53RD COURTOCALA, FL 34480
Multi-Family · 6 Beds · 3,417 Sq. ft. | 0.25 Acres2950 SE 53RD COURT Overview
- Time on Site:
- 69 days
- Visits:
- 0
11% CAP RATE. 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. Seller incentive of up to $5,000 toward buyer closing costs/prepaids with an acceptable offer. 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!
2950 SE 53RD COURT Facts & Features
- Type Multi-Family
- Sq. ft. 3,417
- Price/Sq.ft. $172
- Lot 0.25 Acres
Details
General
Association/HOA
- Association Fee: 142.72
- Association Fee Frequency: Monthly
- Association Name: N/A
- Association: Yes
Income/Expenses
- Gross Income: 60600
Building Information
- New Construction: No
- Year Built: 1984
Location/Region
- Country: US
- County Or Parish: Marion
- MLS Area Major: 34480 - Ocala
- Subdivision Name: GREENFIELDS 01
- Township: 15S
Tax Information
- Tax Annual Amount: 7046.59
- Tax Year: 2025
General Information
- Ownership: Fee Simple
- Parcel Number: 29698-001-12
- Pets Allowed: Yes
- Property Sub Type: Quadruplex
- Property Type: Residential Income
- Senior Community: No
- Special Listing Conditions: None
- Zoning: R3
Interior
Parking Information
- Garage: No
Beds/Baths
- Bathrooms Total: 4
- Bedrooms Total: 6
Building Interior
- Building Area Units: Square Feet
General Information
- Cooling: Central Air
- Fireplace: No
- Foundation Details: Slab
- Heating: Central
- Interior Features: Ceiling Fans(s),Eat-in Kitchen
- Laundry Features: Inside
- Living Area: 3417
- Living Area Source: Public Records
- Living Area Units: Square Feet
- Other Equipment: Private Entrance
Exterior
Lot Information
- Additional Parcels: No
- Lot Size Acres: 0.25
- Lot Size Dimensions: 100x110
- Lot Size Square Feet: 10890
- Road Surface Type: Asphalt
- Water Source: Public
Waterfront/View
- Waterfront: No
Building Exterior/Construction
- Construction Materials: Block
- Roof: Shingle
General Information
- Carport: No
- Exterior Features: Fence,Private Entrance
- Pool Private: No
- Sewer: Septic Tank
- Utilities: Electricity Connected,Sewer Connected,Water Connected
2950 SE 53RD COURT Neighborhood
Community
34480 (OCALA) Demographics
Schools
School data unavailable, School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.2950 SE 53RD COURT Monthly Cost
2950 SE 53RD COURT Market Data
Based on the last 30 days in this zip code
2950 SE 53RD COURT History
| Date | Value | Agent |
|---|---|---|
| 6/23/2026Source: My Florida Regional MLS | $588,000 -0.2% |
|
| 5/11/2026Source: My Florida Regional MLS | $589,000 1.7% |
|
| 4/22/2026Source: My Florida Regional MLS | April 22, 2026 |

















































