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Sold on 01/17/2025
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5131 SE 29th St, Ocala, FL 34480

$395,000

Last sold 01/17/2025 for $418K

  • —

    bed

  • —

    bath

  • 3,066

    Sqft ($136/Sqft)

Multi-family not for sale
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About 5131 SE 29th St

Property type Multi-family
Neighborhood
Year built 1980
HOA fee $0/month
Lot size 0.33 Acre
Movoto estimate
Rental estimate
Property description
Discover an exceptional income producing investment opportunity in SE Ocala. Well-maintained quadplex with a newer roof completed in 2022, the units feature in-unit laundry, walk-in closets and a generous layout. Cosmetic updates will maximize the full potential of this asset. The building consists of two - 2 bed, 1 bath units and two 1 bed, 1 bath units, each with its own patio. Willing to sell in conjunction with MLS ID: TB8323850, TB8323862 & TB8323866.
Listed by
Listing Agent - Kelsey Duncan
Listing Agent Contact: 941-685-0449
Listing Office - GRECO REAL ESTATE
Source: Stellar MLS mls logo
MLS#TB8323693 • last updated 1 year ago
Movoto checked Stellar MLS for data 14 minutes ago
Overview
Cooling/AC Central Air
Heating Central
Type Residential Income
Virtual Tour N/A
SubType Quadruplex
Status Sold
MLS # TB8323693
SqFt 3066
Lot Size (Acres) 0.33
Lot Size (SqFt) 14375
Property Tax 5529
Year Built 1980
Interior
Laundry Inside
Interior Features Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Walk-In Closet(s)
Exterior
Exterior Other
Roof Shingle
Foundation Slab
Amenities / Utilities
Utilities Desc Public
Location
County Marion
Subdivision WHISPERING SANDS UN 1
APN 2972-001-004
Zoning R3
Multifamily Details
Total # of Units 4
Lot/ Land Details
Road Surface Type Asphalt
$395K
Range: $300K-$489K
Last 30 days 
Rental est.: $1,088/month
Gross rent multiplier: 32.0
  • Nov 2024
    mls logo MLS # TB8323693
  • Nov 21, 2024 Listed
    $425,000
  • Year Property taxes Tax assessment
  • 2025
    $6,536 +13.3%
    $294,780
  • 2024
    $5,768 +4.3%
    $294,780 +6.25%
  • 2023
    $5,529 +45.6%
    $277,440 +30.77%
  • 2022
    $3,799 +13.8%
    $212,160 +44.44%
  • 2021
    $3,337 +6.8%
    $146,880 +13.83%
  • 2020
    $3,124 +6.6%
    $129,030 +15.0%
  • 2019
    $2,930 +15.2%
    $112,200 +21.88%
  • 2018
    $2,544
    $92,055 +5.56%
  • 2017
    $2,544 +14.6%
    $87,210 +7.95%
  • 2016
    $2,220
    $80,784 +12.5%
  • 2015
    $2,220
    $71,808
  • 5131 SE 29th St
    $418K
  • Southeast Ocala
    $419K
  • 34480
    $330K -8% y/y
  • Ocala
    $301K 0% y/y
No chart available
Statistics calculated by Movoto

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5/10
Maplewood Elementary School
public Grades PK, K-5
Marion
5/10
Osceola Middle School
public Grades 6-8
Marion
5/10
Forest High School
public Grades 9-12
Marion
Source: GreatSchools.org © 2026. All rights reserved.

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