To schedule a showing of 2950 SE 53rd Court, Ocala, Florida, Call David Shippey at 863-521-4517 TODAY!

$589,000 Increase +$10,000
2950 SE 53rd Court
Ocala, FL 34480
  • 6Beds
  • 4.00Total Baths
  • 0 Full, 0 HalfBaths
  • 3,417SqFt
  • 1984Year Built
  • 0.25Acres
  • MLS# TB8498918
  • Income
  • Quadruplex
  • Active

  • Approx Time on Market1 month, 23 days
  • Area34480 - Ocala
  • CountyMarion
  • Subdivision Greenfields 01

Overview

11% CAP RATE. 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 vacatedoffering 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 Ocalas 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!



Agriculture / Farm

Association Fees / Info

Pets Allowed:  Yes

Hoa Frequency Rate:  142.72

Association:  Yes

Hoa Fees Frequency:  Monthly

Bathroom Info

Total Baths:  4.00

Building Info

Roof:  Shingle

Buyer Compensation

Exterior Features

Exterior Features:  Fence, PrivateEntrance

Fees / Restrictions

Financial

Gross Income:  60,600

Original Price:  $579,000

Garage / Parking

Green / Env Info

Interior Features

Laundry Features:  Inside

Interior Features:  CeilingFans, EatInKitchen

Lot Info

Direction Remarks:  Take Exit 341 ? State Road 484 (SR-484).Head east on SR-484.Turn left onto SE Baseline Rd (County Rd 35).Continue north for about 2-3 miles.Turn left onto SE 28th St.Turn right onto SE 55th Ave.Turn left onto SE 28th Ln.Arrive at the property (on your right).

Lot Size Units:  Acres

Lot Size Acres:  0.25

Lot Sqft:  10,890

Est Lotsize:  100x110

Misc

Other

Special Conditions:  None

Other Rooms Info

Property Info

Section:  25

Class Type:  Quadruplex

Property Sub Type:  Quadruplex

Construction Materials:  Block

Foundation:  Slab

Human Modified:  Yes

Sqft Info

Sqft:  3,417

Living Area Units:  SquareFeet

Living Area Source:  PublicRecords

Tax Info

Tax Year:  2,025

Tax Lot:  12

Tax Legal Description:  SEC 25 TWP 15 RGE 22 PLAT BOOK W PAGE 029 GREENFIELDS UNIT 1 BLK A LOT 12

Tax Block:  A

Tax Annual Amount:  7046.59

Tax Book Number:  W-029GREENFI

Unit Info

Total Actual Rent:  5,050

Utilities / Hvac

Heating:  Central

Water Source:  Public

Sewer:  SepticTank

Cool System:  CentralAir, CeilingFans

Cooling:  Yes

Heating:  Yes

Utilities:  ElectricityConnected, SewerConnected, WaterConnected

Waterfront / Water

Directions

Take Exit 341 ? State Road 484 (SR-484).Head east on SR-484.Turn left onto SE Baseline Rd (County Rd 35).Continue north for about 2-3 miles.Turn left onto SE 28th St.Turn right onto SE 55th Ave.Turn left onto SE 28th Ln.Arrive at the property (on your right).

This listing courtesy of Exp Realty Llc 

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Price & Status History (on davidshippey.com since Sun, Apr 19th 2026)
  • Original Price: $579,000
  • Current Price: $589,000
  • Price Increased: $10,000
Date ChangedFromTo
05/11/2026$579,000 $589,000 Increase by $10,000

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If you have any questions on 2950 SE 53rd Court, Ocala, Florida, please call David Shippey at 863-521-4517.


MLS# TB8498918 located at 2950 SE 53rd Court, Ocala, Florida is brought to you by David Shippey REALTOR®

2950 SE 53rd Court, Ocala, Florida has 6 Beds, 0 Full Bath, and 0 Half Bath.
The MLS Number for 2950 SE 53rd Court, Ocala, Florida is TB8498918.
The price for 2950 SE 53rd Court, Ocala, Florida is $589,000.
The status of 2950 SE 53rd Court, Ocala, Florida is Active.
The subdivision of 2950 SE 53rd Court, Ocala, Florida is Greenfields 01.
The home located at 2950 SE 53rd Court, Ocala, Florida was built in 2026.