


5380 SE 28TH COURTOCALA, FL 34480
Multi-Family · 10 Beds · 2,966 Sq. ft. | 1.12 Acres5380 SE 28TH COURT Overview
- Time on Site:
- 130 days
- Visits:
- 1
- 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
5380 SE 28TH COURT Facts & Features
- Type Multi-Family
- Sq. ft. 2,966
- Price/Sq.ft. $101
- Lot 1.12 Acres
Details
General
Association/HOA
- Association: No
Building Information
- New Construction: No
- Year Built: 1969
Location/Region
- Country: US
- County Or Parish: Marion
- MLS Area Major: 34480 - Ocala
- Subdivision Name: FLORIDA ORANGE GROVE LT 275
- Township: 16S
Tax Information
- Tax Annual Amount: 1081.54
- Tax Year: 2025
General Information
- Listing Terms: Cash,Conventional
- Ownership: Fee Simple
- Parcel Number: 3582-275-002
- Pets Allowed: Cats OK,Dogs OK
- Property Sub Type: Multi-Family 5+
- Property Type: Residential Income
- Senior Community: No
- Special Listing Conditions: None
- Zoning: R4
Interior
Parking Information
- Garage: No
Beds/Baths
- Bathrooms Total: 5
- Bedrooms Total: 10
Building Interior
- Building Area Units: Square Feet
General Information
- Cooling: Mini-Split Unit(s)
- Fireplace: No
- Foundation Details: Pillar/Post/Pier
- Heating: Electric
- Interior Features: Ceiling Fans(s)
- Laundry Features: Other
- Living Area: 2966
- Living Area Source: Public Records
- Living Area Units: Square Feet
Exterior
Lot Information
- Additional Parcels Description: 3582-275-003, 3582-274-005, 3582-274-006
- Additional Parcels: Yes
- Lot Size Acres: 1.12
- Lot Size Dimensions: 133x82
- Lot Size Square Feet: 48788
- Number Of Lots: 4
- Road Surface Type: Dirt
- Water Source: Well
Waterfront/View
- Waterfront: No
Building Exterior/Construction
- Construction Materials: Metal Siding
- Roof: Other
General Information
- Carport: No
- Exterior Features: Fence
- Number Of Units Total: 4
- Pool Private: No
- Sewer: Septic Tank
- Utilities: Electricity Connected
5380 SE 28TH COURT Neighborhood
Community
34480 (OCALA) Demographics
Schools
School data unavailable, School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.5380 SE 28TH COURT Monthly Cost
5380 SE 28TH COURT Market Data
Based on the last 30 days in this zip code
5380 SE 28TH COURT History
| Date | Value | Agent |
|---|---|---|
| 6/3/2026Source: My Florida Regional MLS | $299,000 -6.6% |
|
| 2/20/2026Source: My Florida Regional MLS | February 20, 2026 |
|
| 5/29/2025Source: My Florida Regional MLS | Sold |
|
| 5/2/2025Source: My Florida Regional MLS | Pending |
|
| 5/2/2025Source: My Florida Regional MLS | May 02, 2025 |












