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About this home
5380 SE 28th CT is a 1969-built home in Florida Orange Grove Lt 275, Ocala. Inside you'll find 10 bedrooms, 5 bathrooms, and 2,966 square feet of living space. Listed at $299,000 (about $101/sqft), 173 days on market. Flood zone x - outside the FEMA high-risk areas, which keeps insurance manageable.
- 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
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Quick answers.
Price
$299,000
$101 per sq ft
Beds and baths
10 beds, 5 baths
Size
2,966 sq ft
Time on market
233 days
Year built
1969
Monthly payment
About $1,799/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $1,082 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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