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2950 SE 53rd Ct
For Sale $589,000 ($172.37 per Sq Ft)
$589,000 ($172.37 per Sq Ft)
- Unknown Bedrooms
- Unknown Bathrooms
- 3,417 Sq Ft
- 10,890 Sq Ft
Description
Investor opportunity in desirable Southeast Ocala! This quadplex consists of four 2-bedroom, 2-bathroom units generating approximately $5,443/month ($65,316 annually) at full occupancy. Currently, three units are leased with one recently vacated—offering immediate upside to place a new tenant at market rent or for potential owner-occupancy.
Current rent roll:
Apt A – $1,400/mo (lease through 03/31/2027)
Apt B – $1,350/mo (renewed, Section 8)
Apt C – $1,393/mo (Section 8)
Apt D – $1,300/mo (recently vacated).
Two units have been renovated with vinyl flooring, updated kitchens, and bathrooms, while two remain unrenovated with tile flooring, providing clear value-add potential to increase rents and returns. Each unit features a front porch, functional layouts, and strong tenant appeal.
Major improvements include a new roof (2025) and a new $25,000 driveway (Dec 2025). Landscaping is maintained weekly. HOA is $142.72/month and includes trash service. Tenants pay water and electric, helping keep operating expenses low.
Conveniently located near shopping, dining, and major roadways, supporting consistent rental demand in Ocala’s growing market. Whether you're looking for a cash-flowing asset with upside or a value-add opportunity, this property delivers. Schedule your showing today!
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $589,000 |
| Property Type | Fourplex (4-units) |
| Usable Sqft | 3,417 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1984 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $142.72 |
| Association Name: | N/A |
| Association Amenities: | Unknown |
| APN # | 2969800112 |
| MLS # | TB8498918 |
| Property ID | 300533232 |
| Lot Sqft | 10,890 |
| Zoning | R3 |
| Days on Market | 43 |
| Original List Price | $579,000 |
| Date Updated | May 11, 2026 |
| Date Created | April 15, 2026 |
Listing Provided By
Tina White an agent of . Lic #3435934
© 2026 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of May 11, 2026 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.
Robert Crawford
REAL ESTATE AGENT