5380 SE 28TH COURT OCALA FL 34480 MLS #TB8478451

5380 SE 28TH COURT
OCALA, FL, 34480
$299,000
10 Beds
5 Baths
2,966 SqFt
1.12 Acres
Add
MLS #TB8478451 image #0
– 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

Property Details

Price:
$299,000
MLS #:
TB8478451
Status:
Active
Beds:
10
Baths:
5
Type:
Multi Family
Subtype:
Multi Family (5+)
Subdivision:
FLORIDA ORANGE GROVE LT 275
Neighborhood:
34480ocala
Listed Date:
Feb 20, 2026
Finished Sq Ft:
2,966
Lot Size:
48,788 sqft / 1.12 acres (approx)
Year Built:
1969
Units:
4
34480 – Ocala34480ocalaFlorida Orange Grove Lt 275

Ask a Question

See this Listing

Send
  

Schools

Interior

Cooling
Mini-Split Unit(s)
Heating
Electric
Interior Features
Ceiling Fan(s)
Laundry Features
Other

Exterior

Construction Materials
Metal Siding
Exterior Features
Fenced
Roof
Other

Financial

Tax Year
2025
Taxes
$1,082

Map

Community

Subdivisions in OCALA

Market Summary

Current real estate data for Multi Family in OCALA as of Jul 21, 2026
38
Multi Family Listed
92
Avg DOM
174
Avg $ / SqFt
$484,824
Avg List Price

Property Summary

    Located in the FLORIDA ORANGE GROVE LT 275 subdivision, 5380 SE 28TH COURT OCALA FL is a Multi Family for sale in OCALA, FL, 34480. It is listed for $299,000 To schedule a showing of MLS#tb8478451 at 5380 SE 28TH COURT in OCALA, FL, contact your CENTURY 21 Carioti agent at 2392986550.

Similar Listings Nearby

broker reciprocity
MLS# OM727366broker reciprocity
4100 SE 21ST COURT
OCALA, FL

$264,000

1.2 miles away

5380 SE 28TH COURT
OCALA, FL