Address
5390 SE 29th PLACE, OCALA, FL
Price
$ 575,000
Property Attributes
- MLS#T3536644
- TypeIncome
- CountyMARION
- CityOCALA
- AreaOcala
- NeighborhoodGreenfields Un #1
- Zip34480
- StyleQuadruplex
- Year Built1985
- Taxes$ 5400
- Price$ 575,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage3417
- Lot Size0.25 Acres
Data Source:
Stellar MLS
Property Description
Welcome to this exceptional investment opportunity in a prime location! This fully renovated and updated property features four identical 2-bedroom, 2-bathroom units, each designed with meticulous attention to detail. One unit has been intentionally left vacant to facilitate easy showings, allowing potential buyers to experience the high-quality finishes and modern amenities firsthand. Remaining units will be shown one under contract. Each unit boasts a spacious layout, contemporary kitchen with stainless steel appliances, stylish bathrooms, and in-unit laundry. The tenants, all on one-year leases, enjoy the comfort and convenience these beautifully upgraded homes provide. Investors will be thrilled with the financial prospects of this property. With an impressive monthly rental income of $5,700 and average rents of $1,450 per unit, this property promises steady cash flow and a high return on investment. Operating expenses are kept low, further enhancing the property's profitability. Don't miss out on this turnkey investment in a sought-after area, offering both immediate income and long-term appreciation potential.
| Price History | |
|---|---|
| 6/25/2024 | Listed $575,000 |
General Features
| Interior Features | Other |
|---|---|
| Sewer | Other |
| Heating | Central |
| Cooling | Central Air |
| Utilities | Other |
| Roof | Other |
| Exterior Features | Other |
| Zoning | R3 |
| HOA | 45 |
| Construction Materials | Concrete |
| Pets Allowed | Yes |
| Year Built | 1985 |
| Property SubType | Quadruplex |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Assoc Fee Paid Per | Monthly |
| County | Marion |
| New Construction | No |
| Property Type | Residential Income |
| HOA / Comm Assn | Yes |
| Subdivision Name | GREENFIELDS UN #1 |
| Garage Y/N | No |
| Status | Active |
| Directions | From SE 28th St,south on SE 55th Ave,west on 29th Pl |
| ModificationTimestamp | 2024-06-26T10:47:35.100Z |
| City | OCALA |
| Buyer Agent Compensation | 3% |
| Association Name | -- |
| View Y/N | No |
| Senior Community Y/N | No |
| NumberOfUnitsTotal | 4 |
| MLS Area | 34480 - Ocala |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 10890 |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Land Lease Y/N | No |
| Tax Annual Amount | 5400 |
| Property Condition | Completed |
| Ok to Lease | 12 Months |
| Additional Parcels Y/N | No |
| Days on Market | 1 |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Tax Lot | 12 |
| Total Actual Rent | 5700 |
| Legal Description | SEC 25 TWP 15 RGE 22 PLAT BOOK W PAGE 029 GREENFIELDS UNIT 1 BLK D LOT 12 |
| Water Access Y/N | No |
| Monthly HOA Amount | 45 |
| Water View Y/N | No |
| Flood Zone Code | x |
Interior Features
| Air Conditioning Y/N | Yes |
|---|---|
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Laundry Features | Other |
| LivingAreaSource | Public Records |
Exterior Features
| Water Source | Public |
|---|---|
| Lot Size Area | 10890 |
| Foundation Details | Slab |
| Number of Buildings | 1 |
| Lot Dimensions | 100 x 110 |
| Lot Size Acres | 0.25 |
| Road Surface Type | Other |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Income Average in 34480
Price
Taxes
Visits
Year Built
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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.
Updated on June 29, 2024 3:06 AM UTC
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© 2024 Florida Gulf Coast MLS (FGCMLS) Information deemed reliable, but not guaranteed. The IDX data relating to real estate for sale on this web site comes in part from the Florida Gulf Coast Multiple Listing Service. 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. Information is deemed reliable but not guaranteed.
