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5845 SE 31st Ave, Ocala, FL, 34480

12beds
7baths
2,136sqft
$320,000
$150price/sqft
$2,299/moest. monthly cost
$91,960/yrincome needed

About This Home

5845, 5825, 5865, & 5895 SE 31st Ave - 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 , TB8478451

Getting Around

2
WalkingCar-Dependent
0
TransitNo Nearby Transit
24
BikeSomewhat Bikeable

Schools

6/10
7/10
Belleview Middle SchoolGrades 6-84.1 mi
5/10
Forest High SchoolGrades 9-121.8 mi

Construction

Condition

  • Year built: 1972

Materials

  • Foundation: Pillar/Post/Pier
  • Roof: Other
  • Construction materials: Metal Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Laundry features: Electric Dryer Hookup,Washer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 12
  • Bathrooms: 7

Features

  • Primary Bedroom Main Floor
  • Window features: Window Treatments

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Ductless

Interior Area

  • Total interior livable area: 2,136 sqft

Property

Details

  • Parcel number: 3582192001
  • Zoning: R4
  • Special condition: None

Features

  • Exterior features: Private Yard
  • Fencing: Fenced

Lot

  • Lot size: 1.75 Acres

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Hurricane
Lightning
Tornado
Cold Wave
Inland Flooding
Strong Wind
Wildfire

FEMA Declared Disasters in Marion County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,618$19,416
Home Insurance *$303$3,636
Property Taxes $164$1,968
Electricity $214$2,579
Total$2,299$27,588
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$78,822/yr
40% on housing$68,970/yr
45% on housing$61,306/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 16.1%
16.1%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 5.6%
5.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$150This listing

vs Other Active Listings

Avg $/sqft

ZIP 34480$217
Marion County$208

vs Homes Sold Last Month

Median $/sqft

ZIP 34480$173
Marion County$168

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-02-20Listed for sale$320,000

For Sale by Agent

AgentBrian Lynch
BrokerageLPT REALTY, LLC

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