About This Home

This 10-bedroom, 5-bathroom residential multi family at 5380 SE 28TH Court in Ocala, FL is listed for $299,000 ($101 per sqft). Built in 1969, the home offers 2,966 sqft of living space on a 1.12 acres lot.

Key Features

  • Built in 1969
  • 1.12 acre lot

Property Details

5 full
1969
Listing Description

- 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

Monthly Cost Estimate

$1,599/mo

20% down · 6.5% · 30 years

Principal$216
Interest$1,296
Insurance$87

Estimates only. Actual payments may vary.

Location

5380 SE 28TH Court

Ocala, FL 34480

FLORIDA ORANGE GROVE LT 275

Features & Amenities

Interior Features

Ceiling Fans(s)

Exterior Features

Fence

Property Details

Construction

Metal Siding

Heating

Electric (Heating)

Questions & Answers

This 10-bedroom, 5-bathroom residential multi family at 5380 SE 28TH Court is listed at $299,000 ($101/sqft). The estimated monthly payment is $1,599 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1969, 1.12 acre lot. Interior Features: Ceiling Fans(s). Exterior Features: Fence.

This property is listed by Brian Lynch and can be reached at 2673122889.

BL

Brian Lynch

Agent at LPT Realty, LLC.

(267) 312-2889
Agent website

Listed by LPT Realty, LLC. · Broker phone: (877) 366-2213 · View on Broker Site · Broker website

MLS# TB8478451· Source: Stellar MLS· 217 days on PropertySimple

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5380 SE 28TH Court, Ocala, FL 34480

Open this listing in: