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Sold on 07/26/2024
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5440 SE 29th Pl, Ocala, FL 34480

$508,000

Last sold 07/26/2024 for $440K

  • —

    bed

  • —

    bath

  • 3,417

    Sqft ($129/Sqft)

Multi-family not for sale
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About 5440 SE 29th Pl

Property type Multi-family
Neighborhood
Year built 1984
HOA fee $47/month
Lot size 0.25 Acre
Movoto estimate
Rental estimate
Property description
Discover this exceptional investment opportunity in SE Ocala with this income-producing quadplex! Each of the four spacious units feature 2 bedrooms and 2 bathrooms, making it ideal for renters seeking comfort and convenience. Key updates ensure low maintenance and added value include a new roof installed in 2022, a newly replaced septic system, and updated plumbing. These modernizations not only enhance the properties appeal but also provide peace of mind. Situated close to local amenities, schools, and parks, this quadplex offers easy access to everything SE Ocala has to offer. Don't miss out on this opportunity that combines a great location, with significant upgrades. Call for your showing and make this exceptional property yours!
Listed by
Listing Agent - Tyler Stump
Listing Agent Contact: 352-433-4275
Listing Office - RESOLUTE REAL ESTATE LLC
Source: Stellar MLS mls logo
MLS#OM681465 • last updated 1 year ago
Movoto checked Stellar MLS for data 18 minutes ago
Overview
Cooling/AC Central Air
Heating Electric
Type Residential Income
Virtual Tour N/A
SubType Quadruplex
Status Sold
MLS # OM681465
SqFt 3417
Lot Size (Acres) 0.25
Lot Size (SqFt) 10890
Property Tax 4913.46
Year Built 1984
HOA Name Rebecca McCray
HOA Fee 47, Monthly
Interior
Laundry Inside
Interior Features Ceiling Fans(s), Other
Exterior
Exterior Other
Roof Shingle
Foundation Slab
Amenities / Utilities
Utilities Desc Electricity Connected
Sewer Septic Tank
Location
County Marion
Subdivision GREENFIELDS 1
APN 29698-004-14
Zoning R3
Multifamily Details
Total # of Units 4
Lot/ Land Details
Road Surface Type Paved
$508K
Range: $421K-$594K
Last 30 days 
Rental est.: $1,088/month
Gross rent multiplier: 33.7
  • Sep 2024
    Public Records
  • Sep 30, 2024 Sold
    $440,000
  • Sep 2024
    mls logo MLS # OM681465
  • Sep 13, 2024 Sold
    $440,000 (+0.2%)
  • Jul 27, 2024 Pending
    —
  • Jul 24, 2024 Listed
    —
  • Jul 7, 2024 Pending
    —
  • Jul 3, 2024 Listed
    $439,000 (-27.3%)
  • Feb 2018
    Public Records
  • Feb 2, 2018 Sold
    $604,000 (+352.4%)
  • Feb 2016
    Public Records
  • Feb 4, 2016 Sold
    $133,500 (+7.2%)
  • Jan 2014
    Public Records
  • Jan 30, 2014 Sold
    $124,500 (-53.0%)
  • Jun 2007
    Public Records
  • Jun 15, 2007 Sold
    $264,800
  • Year Property taxes Tax assessment
  • 2025
    $7,334 +41.5%
    $346,800 +57.68%
  • 2024
    $5,181 +5.5%
    $219,934 -7.06%
  • 2023
    $4,913 +11.8%
    $236,640
  • 2022
    $4,396 +13.6%
    $236,640 +43.21%
  • 2021
    $3,868 +5.6%
    $165,240 +9.09%
  • 2020
    $3,661 +1.8%
    $151,470 +3.85%
  • 2019
    $3,595 +25.5%
    $145,860 +24.35%
  • 2018
    $2,864
    $117,300 +9.52%
  • 2017
    $2,864 +5.2%
    $107,100
  • 2016
    $2,722
    $107,100 +5.0%
  • 2015
    $2,722
    $102,000
  • 5440 SE 29th Pl
    $440K
  • 34480 - Ocala
    —
  • 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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