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2950 SE 53rd Ct, Ocala, FL, 34480

--beds
0baths
3,417sqft
$589,000
$172price/sqft
$4,858/moest. monthly cost
$194,320/yrincome needed

About This Home

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!

Getting Around

10
WalkingCar-Dependent
19
TransitMinimal Transit
29
BikeSomewhat Bikeable

Schools

7/10
8/10
Osceola Middle SchoolGrades 6-84.7 mi
5/10
Forest High SchoolGrades 9-121.5 mi

Construction

Condition

  • Year built: 1984

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Block

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex,Multi Family

Interior

Appliances

  • Laundry features: Inside

Features

  • Ceiling Fan(s),Eating Space In Kitchen

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 3,417 sqft

Property

Details

  • Parcel number: 2969800112
  • Zoning: R3
  • Special condition: None

Features

  • Exterior features: Private Entrance
  • Fencing: Fenced

Lot

  • Lot size: 0.25 Acres
  • Lot size dimensions: 100 x 110