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5380 SE 28TH COURT

For Sale
$299,000

BTC: 4.67187500

ETH: 166.11111111

-$21K (2026/06/03)
103 days
10 bds
2,966 sqft

Overview

- 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 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

Location

Florida OCALA 34480 For Sale

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1969
Lot:
1.12 Acres
Heating:
Electric
Price/sqft:
$101
Cooling:
Mini-Split Unit(s)
HOA:
No Data

Highlights

Annual tax
$1,081
2025
Pets
Allowed
All facts and features
  • Heating

    • Electric

    Cooling

    • Mini-Split Unit(s)

    Other interior features

    • Ceiling Fan(s)

    Bedrooms and bathrooms

    • Bedrooms: 10

  • Property

    • Exterior Features: Fenced

    Lot

    • Lot: 1.12 Acres

    Other Property Information

    • Parcel Number: 3582275002

    • Zoning: R4

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Multi Family (5+)

  • Utility

    • Electricity Connected

  • Other financial information

    • Annual tax amount: $1,082

  • Source details

    • MLS ID: TB8478451

    Other facts

    • Construction Materials: Metal Siding

    • Foundation Details: Pillar/Post/Pier

    • Laundry Features: Other

    • Living Area: 2966

    • Water Source: Well

    • Lot Size Dimensions: 133 x 82

    • Subdivision Name: FLORIDA ORANGE GROVE LT 275

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: LPT REALTY, LLC