Property
ActiveResidential
1/42
$588,000

2950 SE 53RD COURT

Ocala, FL 34480
6
Beds
4
Baths
3,417
SqFt
0.25
Acres
STELLAR
#TB8498918
Updated: Jul 2, 2026, 5:38pm

Property Description

Seller offering up to $5,000 toward buyer's closing costs and/or prepaids with an acceptable offer. 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 34 (1/1): $1,150/month – Month-to-month (Section 8, planning to relocate)
Apt 36 (1/1): – VACANT
Apt 38 (2/1): $1,250/month – Lease ends 10/31/2026
Apt 40 (2/1): $1,300/month – Lease ends 10/31/2026


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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Property Details

Interior
Cooling
Central Air
Heating
Central
Interior Features
Ceiling Fan(s)Eating Space In Kitchen
Laundry Features
Inside
Living Area
3417
Construction
Building Area Units
Square Feet
Construction Materials
Block
Foundation Details
Slab
Living Area Source
Public Records
Living Area Units
Square Feet
Roof
Shingle
Year Built
1984
Site & Exterior
Exterior Features
FencedPrivate Entrance
Flood Zone Code
X
I D X Participation
Yes
Lot Size Acres
0.25
Lot Size Area
10890
Lot Size Dimensions
100 x 110
Lot Size Square Feet
10890
Lot Size Units
Square Feet
Public Survey Range
22E
Public Survey Section
25
Road Surface Type
Asphalt
Sewer
Septic Tank
Total Acreage
1/4 to less than 1/2
Utilities
Electricity ConnectedSewer ConnectedWater Connected
Water Source
Public
Zoning
R3
Financials
Association Fee
142.72
Association Fee Frequency
Monthly
Calculated List Price By Calculated Sq Ft
172.08
Contract Status Change Date
2026-04-22
Current Price
588000
Feed Types
BBO
Monthly H O A Amount
142.72
Owner Name
CARLOS HUMBERTO ARIAS
Ownership
Fee Simple
Parcel Number
2969800112
Public Survey Township
15S
Tax Annual Amount
7046.59
Tax Block
A
Tax Book Number
W-029GREENFI
Tax Legal Description
SEC 25 TWP 15 RGE 22 PLAT BOOK W PAGE 029 GREENFIELDS UNIT 1 BLK A LOT 12
Tax Lot
12
Tax Year
2025
Total Actual Rent
5050
Total Annual Fees
1712.64
Total Monthly Fees
142.72

Neighborhood & Lifestyle

Community & Association
Association Fee Requirement
Required
M L S Area Major
34480 - Ocala
Pets Allowed
Yes
Subdivision Name
GREENFIELDS 01
WalkScore™
Walk Score
Car-Dependent
10
Bike Score
Somewhat Bikeable
29
Listing provided courtesy of STELLAR via IDX. Updated: Jul 2, 2026, 5:38pm.
Tina White

Listing Agent

EXP REALTY LLC

Call Agent