Movoto Real Estate

5380 SE 28th Ct, Ocala, FL 34480

  • $299,000

  • 10

    bed

  • 5

    bath

  • 2,966

    Sqft ($101/Sqft)

Multi-family for sale 136 days
$21K price drop
19 homes bought nearby with Movoto recently

About 5380 SE 28th Ct

Property type Multi-family
Neighborhood
Year built 1969
HOA fee $0/month
Lot size 1.12 Acre
Property description
- PRICE IMPROVEMENT – NOW OFFERED AT $299,000 5380, 5420, 5431, & 5501 SE 28th Court, Ocala, FL Significant price adjustment reflecting current market conditions. This assembled four-parcel income-producing portfolio is now offered at $299,000, creating an attractive entry point for investors seeking immediate cash flow and long-term upside in one of Central Florida's fastest-growing markets. 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 **UPDATE 5 out of 9 STILL AVAILABLE** 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 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: • Price recently reduced to reflect current market conditions • Tenant-occupied with income in place • Multi-parcel assemblage increases flexibility and scale • 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 should take note of this newly adjusted pricing and evaluate the opportunity promptly. REF: TB8478427, TB8478180
Listed by
Listing Agent - Brian Lynch
Listing Agent Contact: 877-366-2213
Listing Office - LPT REALTY, LLC
Source: Stellar MLS mls logo
MLS#TB8478451 • last updated 1 week ago
Movoto checked Stellar MLS for data 11 minutes ago
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Overview
Cooling/AC Mini-Split Unit(s)
Heating Electric
Type Residential Income
Virtual Tour External Link
SubType Multi-Family 5+
Status Active
MLS # TB8478451
SqFt 2966
Lot Size (Acres) 1.12
Lot Size (SqFt) 48788
Property Tax 1081.54
Year Built 1969
Interior
Total # Bathrooms 5
# Bedrooms 10
Laundry Other
Interior Features Ceiling Fans(s)
Exterior
Exterior Fence
Roof Other
Construction Metal Siding
Foundation Pillar/Post/Pier
Amenities / Utilities
Utilities Desc Electricity Connected
Sewer Septic Tank
Location
County Marion
Subdivision FLORIDA ORANGE GROVE LT 275
APN 3582-275-002
Zoning R4
Directions MLS Driving Directions (From I-75 North)-Take Exit 341 Toward Belleview / County Road 484.-Turn Right Onto CR-484 East.-Continue Approximately 3.5 Miles.-Turn Left Onto SE 36th Avenue.-Continue North About 1 Mile.-Turn Right Onto SE 54th Street.-Turn Left Onto SE 28th Court.-Property Will Be On The Right-hand Side.
Multifamily Details
Total # of Units 4
Lot/ Land Details
Number Of Lots 4
Road Surface Type Dirt
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3/10
Shady Hill Elementary School
public Grades PK, K-5
Marion
4/10
5/10
Forest High School
public Grades 9-12
Marion
Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • FL
  • Marion County
  • Ocala
  • 34480
  • 5380 SE 28th Ct

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