


STELLAR as distributed by MLS GRID / Century 21 Be3 / Tina White - Contact: 888-883-8509 2950 SE 53rd Court Ocala, FL 34480
Description
TB8498918
$7,047(2025)
0.25 acres
Multifamily
1984
Marion County
Listed By
STELLAR
Last checked Apr 23 2026 at 10:04 PM EDT
- Ceiling Fans(s)
- Eat-In Kitchen
- Greenfields 01
- Foundation: Slab
- Central
- Central Air
- Dues: $143/Monthly
- Block
- Roof: Shingle
- Utilities: Water Connected, Water Source: Public, Electricity Connected, Sewer Connected
- Sewer: Public Sewer
- 3,417 sqft
Estimated Monthly Mortgage Payment
*Based on Fixed Interest Rate withe a 30 year term, principal and interest only
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 Ocala’s 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!