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2950 SE 53RD Court

Ocala, FL 34480
  • $589,000
  • STATUS: Active
  • ON SITE: 18 Days
  • MLS #: TB8498918
UPDATED: 78 min ago
$589,000
  • 0
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,417
    SQFT
  • $172
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1984
County:
Area:

School Ratings & Info

Description

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 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!

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© 2026 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2026-05-11T15:47:27.313.
www.bairdrealtygroup.com/homes/175657974
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2950 SE 53RD Court Ocala, FL 34480

  • Price: $589,000
  • Status: Active
  • On Site: 18 Days
  • Updated: 78 min ago
  • MLS #: TB8498918
0
Beds
0
Baths
0
½ Baths
0.25
Acres
3,417
SQFT
$172
$/SQFT
1984
Built
Neighborhood:
Greenfields 01
County:
Marion
Area:
Ocala
Property Description
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 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!
Exterior Features

Carport Yn No Construction Materials Block Exterior Features FencedPrivate Entrance Foundation Details Slab Lot Size Dimensions 100 x 110 Pool Private Yn No Road Surface Type Asphalt Roof Shingle Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Cooling Central Air Cooling YN Yes Fireplace Yn No Heating Central Heating YN Yes Interior Features Ceiling Fan(s)Eating Space In Kitchen Laundry Features Inside Sewer Septic Tank Water Source Public

Property Features

Annual Net Income 50000 Association Fee 142.72 Association Fee Frequency Monthly Association Fee Monthly Amount 142.72 Association Fee Requirement Required Association Yn Yes Cdd Yn No Down Payment Resource Yes Flood Zone Code X Garage Yn No New Construction Yn No Ownership Fee Simple Pets Allowed Yes Property Sub Type Quadruplex Senior Community Yn No Special Listing Conditions None Tax Annual Amount 7046.59 Total Annual Fees 1712.64 Total Monthly Fees 142.72 Utilities Electricity ConnectedSewer ConnectedWater Connected Zoning R3


Listing information © 2026 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of EXP REALTY LLC: 888-883-8509.



© 2026 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2026-05-11T15:47:27.313.
 
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Baird Realty Group
6695 Gulf Boulevard
St. Pete Beach FL, 33706