Pending
5390 SE 29TH PL
OCALA FL, 34480
$600,000
$175.59 per sqft
Pending
3,417 sqft
Multi-family
Built in 1985
Welcome to an exceptional investment opportunity in a prime location of Ocala! This fully renovated quadplex features four identical 2-bedroom, 2-bathroom units, each thoughtfully designed with quality finishes and modern upgrades. Each unit boasts a spacious layout, contemporary kitchens with stainless steel appliances, stylish bathrooms, and in-unit laundry. All four units are currently occupied with tenants on one-year leases, ensuring immediate income for the next owner. Investors will be impressed by the financial performance of this property, offering a remarkable monthly rental income of $5,700 and an annual income of $68,400. Operating expenses are minimal, with landscaping at $60 per month, trash removal at $50 per month, and a low HOA fee of $45 per month. This turnkey property provides excellent cash flow and significant long-term appreciation potential. To respect tenant privacy, tours will be conducted only during the inspection period with a signed contract. Preapproval or proof of funds is required. Don't miss the opportunity to own this profitable and low-maintenance investment in a highly desirable area!
TB8334767
MLSⓇ ID
January 4, 2025
Listed
January 12, 2025
Updated
Map
5390 SE 29TH PL
OCALA FL, 34480
Interior Features
Interior Features
Other
Laundry Description
Other
Fireplace
No
Cooling
Yes
Cooling Description
Other
Heating
Yes
Heating Description
Other
Exterior/Building Features
Lot Size
0.25 Acres
Exterior Features
Other
Roof
Other
Sewer
Other
Other Property Details
Area Name
34480 - Ocala
Taxes
$5,400
Tax Frequency
Annually
Days on Market
7
Association Fee
$45
Association Fee Frequency
Monthly
Garage
No
View
No
County
Marion
Municipality
15S
Water Source
See Remarks
Pool
No
Zoning
R3
Listing History
Date | Event | Price |
---|---|---|
1/12/2025 | Pending | — |
Listed by HOMECOIN.COM
Listing Contact: 888-400-2513
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Data last updated 1/12/2025, 4:39 PM UTC