5390 SE 29th PLACE, OCALA, FL 34480 | MLS# TB8334767 | Mamba Realty

OCALA, FL 34480 5390 SE 29th PLACE

5390 SE 29th PLACE OCALA, FL - Image 15390 SE 29th PLACE OCALA, FL - Image 25390 SE 29th PLACE OCALA, FL - Image 3
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Presented By: HOMECOIN.COM with 888-400-2513. - 888-400-2513
  • MLS# TB8334767
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  • SQFT • 3,417

Home Details

Welcome to an exceptional investment opportunity in a prime location of Ocala! This fully renovated quadplex features four identical 2-bedroom, 2-bathroom units, each thoughtfully designed with quality finishes and modern upgrades. Each unit boasts a spacious layout, contemporary kitchens with stainless steel appliances, stylish bathrooms, and in-unit laundry. All four units are currently occupied with tenants on one-year leases, ensuring immediate income for the next owner. Investors will be impressed by the financial performance of this property, offering a remarkable monthly rental income of $5,700 and an annual income of $68,400. Operating expenses are minimal, with landscaping at $60 per month, trash removal at $50 per month, and a low HOA fee of $45 per month. This turnkey property provides excellent cash flow and significant long-term appreciation potential. To respect tenant privacy, tours will be conducted only during the inspection period with a signed contract. Preapproval or proof of funds is required. Don’t miss the opportunity to own this profitable and low-maintenance investment in a highly desirable area!
Presented By: HOMECOIN.COM with 888-400-2513. - 888-400-2513

Interior Features for 5390 SE 29th PLACE

Bedrooms

Total Bedrooms

Bathrooms

Total Baths

Other Interior Features

LivingAreaSourcepublic records
Air Conditioning Y/NYes
Fireplace Y/NNo
Heating Y/NYes
Laundry Featuresother

General for 5390 SE 29th PLACE

Additional Parcels Y/NNo
Assoc Fee Paid Permonthly
Association Name--
Building Area Unitssquare feet
Carport Y/NNo
Cityocala
Construction Materialsconcrete
Coolingother
Countymarion
Directionsfrom se 28th st, south on se 55th ave, west on 29th pl
Exterior Featuresother
FULLfee simple
Flood Zone Codex
Flood Zone Code XY
Garage Y/NNo
Gross Income684
HOAYes
HOA Fee$45
Heatingother
Interior Featuresother
Land Lease Y/NNo
Legal Descriptionsec 25 twp 15 rge 22 plat book w page 029 greenfields unit 1 blk d lot 12
Listing Termscash, conventional, fha, va loan
Living Area Unitssquare feet
Lot Size Square Feet10890
Lot Size Unitssquare feet
MLS Area34480 - ocala
ModificationTimestamp2025-01-09t15:35:33.717z
Monthly HOA Amount45
New ConstructionNo
NumberOfUnitsTotal4
Occupancy Typetenant
Ok to Lease12 months
Pets Allowedyes
Property Conditioncompleted
Property Subtypequadruplex
Property Typeresidential income
Roofother
Senior Community Y/NNo
Sewerother
Standard Statusactive
Statusactive
Subdivision Namegreenfields un #1
Tax Annual Amount5400
Tax Lot12
Tax Year2023
Total Actual Rent5700
Utilitiesother
Water Access Y/NNo
Water View Y/NNo
Waterfront Y/NNo
Year Built1985
Zoningr3

Exterior for 5390 SE 29th PLACE

Building Area Total3865
Foundation Detailsslab
Lot Dimensions100 x 110
Lot Size Acres0.25
Lot Size Area10890
Number of Buildings1
Private PoolNo
Road Surface Typeother
Water Sourcesee remarks

Additional Details

Price History

Jehad Bader

Broker
Price $600,000
MLS#TB8334767
Property Type Income
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