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2950 SE 53rd Court, Ocala, FL 34480

Ocala
Local realty services provided by:CENTURY 21 Myers Realty
2950 SE 53rd Court,Ocala, FL 34480
$589,000
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  • 6 Beds
  • 4 Baths
  • 3,417 sq. ft.
  • Multi-family
  • Active
Listed by:
Office: exp realty llc.
MLS#:TB8498918
Source:MFRMLS

Price summary

  • Price:$589,000
  • Price per sq. ft.:$172.37
  • Monthly HOA dues:$142

About this home

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 vacated—offering 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...

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Home facts

  • Year built:1984
  • Listing ID #:TB8498918
  • Added:49 day(s) ago
  • Updated:June 10, 2026 at 02:53 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:4
  • Dining Description:Eat In Kitchen
  • Kitchen Description:Eat-in Kitchen
  • Living area:3,417 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1984
  • Building area:3,417 sq. ft.
  • Lot area:0.25 Acres
  • Construction Materials:Block
  • Exterior Features:Fence
  • Foundation Description:Slab
  • Levels:1 Story

Utilities

  • Water:Public, Water Connected
  • Sewer:Septic Tank, Sewer Connected

Finances and disclosures

  • Price:$589,000
  • Price per sq. ft.:$172.37
  • Tax amount:$7,047 (2025)

Features and amenities

  • Laundry features:Inside
  • Amenities:Ceiling Fans(s), Eat-in Kitchen
  • Pool features:Public Pool
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