# 5380 SE 28TH Court, Ocala, FL 34480 > **TL;DR:** 10bd/5ba residential multi family, $299,000 ($101/sqft), built 1969, 2,966 sqft. Est. $1,599/mo. Listed 227 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $299,000 | | Price/sqft | $101 | | Bedrooms | 10 | | Bathrooms | 5 full | | Square Feet | 2,966 | | Year Built | 1969 | | Lot Size | 48,787 sqft (1.12 acres) | | Property Type | Residential Multi Family (Other) | | Status | Active | | Days on Market | 227 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $1,512 | | Estimated Insurance | $87 | | **Total** | **$1,599** | ## Property Highlights - Built in 1969 - 1.12 acre lot ## Description ### Agent 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 ## Location - **Address:** 5380 SE 28TH Court, Ocala, FL 34480 - **County:** Marion - **Neighborhood:** FLORIDA ORANGE GROVE LT 275 - **Coordinates:** 29.133173, -82.098037 - **Google Maps:** https://www.google.com/maps?q=29.133173,-82.098037 ## Virtual Tour & Media - **Video Tour:** https://www.propertypanorama.com/instaview/stellar/TB8478451 ## Listing Agent - **Name:** Brian Lynch - **Brokerage:** LPT Realty, LLC. - **Phone:** 2673122889 - **Broker Phone:** (877) 366-2213 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/5380-SE-28th-Ct_Ocala_FL_34480_M65027-47575?f=listhub&s=MFRMLSFL&m=TB8478451&c=propsimple) ## Photos ![5380 SE 28TH Court - Photo 1](http://lh.rdcpix.com/da2b19566a7fb8313c6eeb0c44ca2216l-f1783684864r.jpg) ![5380 SE 28TH Court - Photo 2](http://lh.rdcpix.com/da2b19566a7fb8313c6eeb0c44ca2216l-f3796907376r.jpg) ![5380 SE 28TH Court - Photo 3](http://lh.rdcpix.com/da2b19566a7fb8313c6eeb0c44ca2216l-f1649503748r.jpg) ![5380 SE 28TH Court - Photo 4](http://lh.rdcpix.com/da2b19566a7fb8313c6eeb0c44ca2216l-f2871759257r.jpg) ![5380 SE 28TH Court - Photo 5](http://lh.rdcpix.com/da2b19566a7fb8313c6eeb0c44ca2216l-f3423758596r.jpg) ![5380 SE 28TH Court - Photo 6](http://lh.rdcpix.com/da2b19566a7fb8313c6eeb0c44ca2216l-f391191459r.jpg) --- **MLS#:** TB8478451 | **Updated:** 2026-09-29 **Source:** listhub *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.* [View on PropertySimple](https://www.propertysimple.ai/listing/5380-se-28th-court-ocala-fl-34480-b8478451) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/5380-se-28th-court-ocala-fl-34480-b8478451#listing", "url": "https://www.propertysimple.ai/listing/5380-se-28th-court-ocala-fl-34480-b8478451", "name": "5380 SE 28TH Court, Ocala, FL 34480", "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. 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