$600,000 for Sale

5390 se 29th place , ocala, FL 34480

Beds 0 Baths 0 3,417 Sqft 0.25 Acres 1 of 13
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!
General Information
Sale Price: $600,000
Price/SqFt: $176
Status: Active
MLS#: TB8334767
City: ocala
Post Office: ocala
County: Marion
Subdivision: greenfields un #1
Acres: 0.25
Lot Dimensions: 100 x 110
Bedrooms:0
Bathrooms:0
House Size: 3,417 sq.ft.
Acreage: 0.25 est.
Year Built: 1985
Property Type: Quadruplex
Style:
Features & Room Sizes
Paved Road:  Other
Garage:  No
Construction:  Concrete
Exterior Misc:  Other
Basement:  No
Foundation :  Slab
Cooling:  Other
Heating:  Other
Waste:  Other
Watersource:  See Remarks
Tax, Fees & Legal
Est. Summer Taxes:  $0
Est. Winter Taxes:  $5,400
HOA fees:  45
HOA fees Period:  Monthly
Legal Description:  SEC 25 TWP 15 RGE 22 PLAT BOOK W PAGE 029 GREENFIELDS UNIT 1 BLK D LOT 12


Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Jonathan Minerick of HOMECOIN.COM, Phone: 888-400-2513
(941) 815-1898 Call Shelley Faria for more information about this property.

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Shelley Faria
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This Home located at
5390 se 29th place, ocala FL 34480
is currently for sale priced at $600,000 and was listed on January, 04, 2025 and has been on the market for 3 days.

5390 se 29th place has 0 bedrooms, 0 bathrooms, and approximately 3,417 square feet. and has a lot size of 100 x 110 with 0.25 acres and was built in 1985. 5390 se 29th place is in the 34480 ZIP Code area of ocala.

If you have any question about this property or any others, please don't hesitate to contact me.