5390 SE 29th Place
OCALA, FL 34480
- – beds
- – baths
- 3,417 sqft
- 10,890 sqft lot
- $168 per sqft
- 1985 build
- – on site
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.
Last checked:
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Last updated Jun 26, 2024
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MLS# T3536644 —
The Building
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Year Built:1985
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New Construction:false
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Construction Materials:Concrete
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Roof:Other
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Foundation Details:Slab
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# of Buildings:1
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Building Area Units:Square Feet
Interior
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Interior Features:Other
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Fireplace:false
Room Dimensions
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Living Area:3417
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Living Area Units:Square Feet
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Living Area Source:Public Records
Location
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Directions:From SE 28th St, south on SE 55th Ave, west on 29th Pl
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Latitude:29.15833
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Longitude:-82.059825
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Coordinates:-82.059825, 29.15833
The Property
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Parcel Number:2969800412
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Property Type:Residential Income
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Property Subtype:Quadruplex
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Property Condition:Completed
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Lot Size Acres:0.25
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Lot Size Area:10890
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Lot Size SqFt:10890
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Lot Size Dimensions:100 x 110
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Lot Size Units:Square Feet
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Total Acres:1/4 to less than 1/2
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Zoning:R3
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View:false
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Exterior Features:Other
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Water Source:Public
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Road Surface Type:Other
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Flood Zone Code:x
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Additional Parcels:false
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (888) 400-2513
- Office phone:
- (888) 400-2513
Taxes
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Tax Year:2023
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Tax Lot:12
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Tax Block:D
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Tax Legal Description:SEC 25 TWP 15 RGE 22 PLAT BOOK W PAGE 029 GREENFIELDS UNIT 1 BLK D LOT 12
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Tax Book Number:W-029GREENFI
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Tax Annual Amount:5400
The Listing
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Special Listing Conditions:None
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Buyer's Brokerage Compensation:3%
Heating & Cooling
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Heating:Central
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Heating:true
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Cooling:Central Air
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Cooling:true
Utilities
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Utilities:Other
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Sewer:Other
Appliances
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Laundry Features:Other
The Community
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Subdivision Name:GREENFIELDS UN #1
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Senior Community:false
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Water View:false
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Water Access:false
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Waterfront:false
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Pool Private:false
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Pets Allowed:Yes
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Association:true
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Association Fee:45
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Association Fee Frequency:Monthly
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Association Fee Requirement:Required
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Monthly HOA Amount:45
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Ownership:Fee Simple
Parking
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Garage:false
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Carport:false
Extra Units
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# of Units Total:4
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/25/24
Jun 25, 2024
|
Listed / Active | STELLAR_MLS | $575,000 |