Property
ActiveIncome
1/6
$299,000

5380 SE 28TH COURT

Ocala, FL 34480
10
Beds
5
Baths
2,966
SqFt
1.12
Acres
STELLAR
#TB8478451
Updated: Jun 25, 2026, 6:38pm

Property Description

- PRICE IMPROVEMENT – NOW OFFERED AT $299,000

5380, 5420, 5431, & 5501 SE 28th Court, Ocala, FL

Significant price adjustment reflecting current market conditions. This assembled four-parcel income-producing portfolio is now offered at $299,000, creating an attractive entry point for investors seeking immediate cash flow and long-term upside in one of Central Florida's fastest-growing markets.

Exceptional opportunity to acquire four income-producing parcels (sold together – cannot be separated) in rapidly expanding Ocala. This offering is part of a larger 9-property **UPDATE 5 out of 9 STILL AVAILABLE** investment portfolio and consists of tenant-occupied mobile homes with documented rental history and established cash flow. Income is in place from day one, allowing an investor to step into an operational asset with immediate returns.

With leases currently in place, the portfolio offers both short-term income continuity and long-term flexibility for future value enhancement at the buyer's discretion. Each parcel is individually positioned yet assembled to create scale, operational efficiency, and strategic leverage.

The properties provide workforce housing in a corridor experiencing strong population growth, infrastructure expansion, and sustained rental demand driven by in-migration and employment growth. Ocala continues to benefit from major corporate and regional investment, including distribution facilities developed by nationally recognized operators such as FedEx and AutoZone. The internationally recognized World Equestrian Center—the largest equestrian complex in the United States—generates year-round tourism, seasonal residency, and ongoing housing demand.

Strategic Central Florida Location:
• Approx. 75 miles to Orlando International Airport
• Approx. 1 hr 20 min to Daytona Beach
• Approx. 1 hr 30 min to Clearwater Beach
• Direct access to I-75 connecting Tampa, Orlando, and North Florida

This central positioning enhances tenant appeal while reinforcing long-term land value fundamentals.

Investment Highlights:
• Price recently reduced to reflect current market conditions
• Tenant-occupied with income in place
• Multi-parcel assemblage increases flexibility and scale
• Opportunity for phased improvements and rental optimization
• Attractive hold-and-enhance or long-term land-bank strategy (buyer to verify zoning and land-use options)

As Marion County continues to attract logistics, industrial, and tourism-related growth, assembled multi-parcel income opportunities remain limited. This portfolio provides immediate cash flow with built-in flexibility to execute a tailored improvement or redevelopment plan over time.

All parcels in this listing convey together. Serious investors should take note of this newly adjusted pricing and evaluate the opportunity promptly.

REF: TB8478427, TB8478180
Launch 3D Virtual Tour
Opens in a new window

Property Details

Interior
Cooling
Mini-Split Unit(s)
Heating
Electric
Interior Features
Ceiling Fan(s)
Laundry Features
Other
Living Area
2966
Construction
Building Area Units
Square Feet
Construction Materials
Metal Siding
Foundation Details
Pillar/Post/Pier
Living Area Source
Public Records
Living Area Units
Square Feet
Number Of Units Total
4
Roof
Other
Year Built
1969
Site & Exterior
Exterior Features
Fenced
Flood Zone Code
x
I D X Participation
Yes
Lot Size Acres
1.12
Lot Size Area
1.12
Lot Size Dimensions
133 x 82
Lot Size Square Feet
48788
Lot Size Units
Acres
Number Of Lots
4
Public Survey Range
22E
Public Survey Section
03
Road Surface Type
Dirt
Sewer
Septic Tank
Total Acreage
1 to less than 2
Utilities
Electricity Connected
Water Source
Well
Zoning
R4
Financials
Additional Parcels
Yes
Additional Parcels Description
3582-275-003, 3582-274-005, 3582-274-006
Calculated List Price By Calculated Sq Ft
100.81
Contract Status Change Date
2026-02-20
Current Price
299000
Feed Types
BBO
Lease Considered
Yes
Owner Name
OWNER ON RECORD
Ownership
Fee Simple
Parcel Number
3582275002
Public Survey Township
16S
Tax Annual Amount
1081.54
Tax Block
D-064fl
Tax Book Number
D-064FLORIDA
Tax Legal Description
SEC 03 TWP 16 RGE 22 PLAT BOOK D PAGE 064 FLORIDA ORANGE GROVE CORP N 133 FT OF E 1/2 OF LOT 275
Tax Lot
275
Tax Year
2025

Neighborhood & Lifestyle

Community & Association
M L S Area Major
34480 - Ocala
Pets Allowed
Cats OKDogs OK
Subdivision Name
FLORIDA ORANGE GROVE LT 275
Listing provided courtesy of STELLAR via IDX. Updated: Jun 25, 2026, 6:38pm.
Brian Lynch

Listing Agent

LPT REALTY, LLC

Call Agent