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Multi family home for sale at 5380 SE 28th Court, Ocala, FL 34480 | MLS# TB8478451 | Listing updated on 2026-08-12
Photo 1 of Multi family home for sale at 5380 SE 28th Court, Ocala, FL 34480 | MLS# TB8478451 | Listing updated on 2026-08-12
Photo 2 of Multi family home for sale at 5380 SE 28th Court, Ocala, FL 34480 | MLS# TB8478451 | Listing updated on 2026-08-12
Photo 3 of Multi family home for sale at 5380 SE 28th Court, Ocala, FL 34480 | MLS# TB8478451 | Listing updated on 2026-08-12
Photo 4 of Multi family home for sale at 5380 SE 28th Court, Ocala, FL 34480 | MLS# TB8478451 | Listing updated on 2026-08-12
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$299,000

Monthly Est:$1,488

  • Beds Icon10 Beds
  • Beds Icon
    5 Baths
  • Beds Icon2,966sqft

5380 SE 28th Court, Ocala, FL 34480

$1,488/moEst:

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  • Multi Family

  • Built in 1969

  • $-- HOA

  • 1.12 acres lot

  • $101/sq.ft

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 h
omes 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

  • Houzeo last checked: 13 minutes ago
  • Listing updated: August 12, 2026 at 9:14 pm
  • Listing Provided by: Brian Lynch (267) 312-2889 | LPT REALTY, LLC (877) 366-2213
  • Source: Stellar MLS-FL as distributed by MLS GRID | MLS#: TB8478451 Stellar MLS-FL as distributed by MLS GRID

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Marion County

  • City

    Ocala

  • Neighborhood

    --

  • Year Built

    1969

  • HOA Fees

    -

  • Finished Area

    2,966 sqft

  • Lot Size

    1.12 acres lot

  • Basement Area

    - sqft

  • MLS Name

    Stellar MLS

  • MLS Number

    TB8478451

  • MLS Status

    Active

  • Days on Market

    262

  • Cumulative Days on Market

    173

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 10

    Bathrooms: 5

Interior

  • Heating

    Electric

  • Cooling

    Mini Split Unit(s)

  • Sewer

    Septic Tank

  • Exterior Features

    Fence

  • Interior Features

    Ceiling Fans(s)

Construction

  • Year Built

    Year Built: 1969

  • Home type

    Multi Family

  • Roof

    Other

  • Foundation Details

    Pillar/post/pier

  • Construction Materials

    Metal Siding

Utilities & Energy

  • Laundry Features

    Other

  • Utilities

    Electricity Connected

  • Water Source

    Well

Other Features

  • Subdivision Name

    Florida Orange Grove Lt 275

Price History

DateEventPrice

06/03/2026

Source: mls_logoStellar MLS-FL #MFRTB8478451

Price Decreased

$299,000 -6.56%

$101/sqft

02/20/2026

Source: mls_logoStellar MLS-FL #MFRTB8478451

Listed for Sale

$320,000 +7.02%

$108/sqft

02/20/2026

Source: mls_logoStellar MLS-FL #MFRTB8478451

Off Market

$299,000

$101/sqft

02/20/2026

Source: mls_logoStellar MLS-FL #MFRTB8478451

Listed for Sale

$299,000 -6.56%

$101/sqft

02/20/2026

Source: mls_logoStellar MLS-FL #MFRTB8478451

Price Increased

$320,000 +764.86%

$108/sqft

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Nearby Homes

Based on information from Stellar MLS® through Nov 10, 2026, 08:30AM as submitted to and distributed by MLS GRID. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. © 2026 Stellar MLS. All Rights Reserved.

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