Residential Income for Sale: 5390 SE 29TH PLACE, OCALA, FL 34480

$600,000
$600,000
5390 SE 29TH PLACE, OCALA, FL 34480
$600,000
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Price:
$600,000

Type Residential Income
Total Living Area 3,417 sqft
Lot Size 0.25 acres
Year Built 1985
Assoc Fee $45
Assoc Fee Paid Monthly
Taxes Paid $5,400

City OCALA
Area 34480 - Ocala
County Marion
Subdivision GREENFIELDS UN #1

MLS TB8334767
Status Active
DOM 5 days
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!

Lot & Building Features

Assoc Fee $45
Assoc Fee Paid Monthly
Construction Concrete
Cooling Other
Heating Other
Interior Decor Other
Sewer Other
Tax Year 2023
Taxes Paid $5,400
Water See Remarks
Lot Dimensions 100x110 ft

Price History of 5390 29TH PLACE, OCALA, FL

Date Name Price Difference
12/31/1969 Listing Price $600,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 5390 29TH PLACE, OCALA, FL

Location Map Street View
Photo of Sherri McNeely
Office
1201 6th Ave W
Bradenton, FL 34205
888-804-9992
Listed by HOMECOIN.COM, Jonathan Minerick
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0.9%
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5390 29TH PLACE (MLS #TB8334767) is a residential income listing located in OCALA, FL. This is a residential income listing with a lot of 10,890 sqft (or 0.25 acres). This property was listed on 01/04/2025 and has been priced for sale at $600,000.

Nearby zip codes are 32526, 34470, 34471, 34472 and 34491. This property neighbors other cities such as Bellview and Summerfield.

Stellar MLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: HOMECOIN.COM