Homes for sale - 5390 SE 29TH PL, Ocala, FL 34480

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Karisa Newman

LPT Realty

karisa.newman@lptrealty.com +1(386) 216-4521

$ 600,000

Est. payment | -/mo

3,417 SqFt

Save

$ 600,000

Est. payment | -/mo

Save

3,417 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 3,417 sqft

Price per Sqft $175

Subdivision Greenfields Un #1

MLS Listing ID TB8334767

Construction Status Completed

HOA Fees $45/mo

HOA Y/N Yes

Originating Board Stellar MLS

Annual Recurring Fee 540.0

Year Built 1985

Annual Tax Amount $5,400

Lot Size 10,890 Sqft

Acres 0.25

Lot Dimensions 100x110

Property Sub-Type Quadruplex

Property Description

Welcome to an exceptional investment opportunity in a prime location of Ocala! This fully renovated quadplex features four identical 2-bedroom, 2-bathroom units, each thoughtfully designed with quality finishes and modern upgrades. Each unit boasts a spacious layout, contemporary kitchens with stainless steel appliances, stylish bathrooms, and in-unit laundry. All four units are currently occupied with tenants on one-year leases, ensuring immediate income for the next owner. Investors will be impressed by the financial performance of this property, offering a remarkable monthly rental income of $5,700 and an annual income of $68,400. Operating expenses are minimal, with landscaping at $60 per month, trash removal at $50 per month, and a low HOA fee of $45 per month. This turnkey property provides excellent cash flow and significant long-term appreciation potential. To respect tenant privacy, tours will be conducted only during the inspection period with a signed contract. Preapproval or proof of funds is required. Don't miss the opportunity to own this profitable and low-maintenance investment in a highly desirable area!

Location

State FL

County Marion

Community Greenfields Un #1

Zoning R3

Interior

Interior Features Other

Heating Other

Cooling Other

Fireplace false

Laundry Other

Exterior

Exterior Feature Other

Utilities Available Other

Roof Type Other

Garage false

Private Pool No

Building

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Sewer Other

Water See Remarks

Structure Type Concrete

New Construction false

Construction Status Completed

Others

Pets Allowed Yes

Senior Community No

Ownership Fee Simple

Monthly Total Fees $45

Acceptable Financing Cash, Conventional, FHA, VA Loan

Membership Fee Required Required

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition None

Listed by HOMECOIN.COM

"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(386) 216-4521

karisa.newman@lptrealty.com

5390 SE 29TH PL Ocala, FL 34480