$299,000
Original price: $320,000
- 10 Beds
- 5 Baths
- 2,966 sqft (on 1.12 acres)
5380 SE 28TH COURT, Ocala, FL 34480
Est. Mortgage $2,035/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 1969
1.12 acre lot
$101/sqft
Local Information
-- mins to
About this House
- 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
Last check for updates: about 14 hours ago
Listing Provided by: Brian Lynch, (267) 312-2889
LPT REALTY, LLC, (877) 366-2213
Originating MLS: Orlando Regional
Source: Stellar MLS, MLS#TB8478451

Also Listed on Stellar MLS.
IDX information is provided exclusively for 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. Some IDX listings have been excluded from this website.
Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511
Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511
Home Details for 5380 SE 28TH COURT
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Beds & Baths Number of Bedrooms: 10Number of Bathrooms: 5 |
Dimensions and Layout Living Area: 2966 Square Feet |
Appliances & Utilities Utilities: Electricity ConnectedLaundry: Other |
Heating & Cooling Heating: ElectricHas CoolingAir Conditioning: DuctlessHas HeatingHeating Fuel: Electric |
Fireplace & Spa No Fireplace |
Gas & Electric Has Electric on Property |
View No View |
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Exterior Home Features Roof: OtherFencing: FencedFoundation: Pillar/Post/PierNo Private Pool |
Parking & Garage No CarportNo Garage |
Frontage Road Surface Type: DirtNot on Waterfront |
Water & Sewer Sewer: Septic Tank |
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Cumulative Days on Market: 173Days on Market: 180+ |
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Year Built Year Built: 1969 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: Metal SidingNot a New ConstructionHas Additional Parcels |
Property Information Parcel Number: 3582275002Additional Parcels Description: 3582-275-003, 3582-274-005, 3582-274-006 |
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Price List Price: $299,000Price Per Sqft: $101 |
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MLS Status: Active |
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Direction & Address City: OCALACommunity: FLORIDA ORANGE GROVE LT 275 |
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Listing Agent Listing ID: TB8478451 |
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Not Senior Community |
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Association for this Listing: Orlando RegionalNo HOAHOA Fee: No HOA Fee |
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Lot Area: 1.12 Acres |
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Special Conditions: None |
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Listing Terms: Cash, Conventional |
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Business Information Ownership: Fee Simple |
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Mls Number: TB8478451Showing Advance Notice: 24Showing Requirements: 24 Hour Notice, Appointment Only, Call Listing Agent, Do Not Contact Tenants, LockboxUniversal Property Id: US-12083-N-3582275002-R-N |
Around this home
What Locals Say about Ocala
At least 1455 Trulia users voted on each feature.
88 % Say car is needed
82 % Say parking is easy
82 % Say yards are well-kept
78 % Say it's dog friendly
73 % Say there's holiday spirit
69 % Say it's quiet
56 % Say kids play outside
51 % Say people would walk alone at night
50 % Say there's wildlife
50 % Say they plan to stay for at least 5 years
48 % Say neighbors are friendly
39 % Say streets are well-lit
36 % Say there are sidewalks
36 % Say it's walkable to grocery stores
28 % Say it's walkable to restaurants
24 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Ocala
Last updated July 2026
Avg. sale price
$261K
$6.65KMoM
Sale-to-List Price
97.6%
0.2%MoM
Price per sq ft
$161
$0MoM
Available listings
2459
58MoM
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.17 | Multi-Family Home | $445,000 | 01/22/26 | 8 | 4 | 3,227 | |
1.45 | Multi-Family Home | $415,000 | 02/19/26 | 8 | 5 | 3,233 | |
1.07 | Multi-Family Home | $360,000 | 09/18/25 | 2 | 1 | 3,168 | |
1.27 | Multi-Family Home | $300,000 | 10/14/25 | 4 | 2 | 2,052 | |
1.67 | Multi-Family Home | $575,000 | 11/24/25 | 15 | 7 | 5,486 | |
2.63 | Multi-Family Home | $436,000 | 03/31/26 | 6 | 4 | 3,066 | |
2.82 | Multi-Family Home | $602,000 | 02/06/26 | 8 | 8 | 3,902 | |
2.64 | Multi-Family Home | $545,000 | 04/20/26 | 8 | 8 | 3,782 | |
2.72 | Multi-Family Home | $600,000 | 09/22/25 | 8 | 8 | 3,888 | |
2.76 | Multi-Family Home | $600,000 | 09/22/25 | 8 | 8 | 3,888 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.03 | $30,900 | 2 | 1 | 672 | Off Market | |
0.06 | $32,100 | 3 | 2 | 920 | Off Market | |
0.08 | $32,100 | 2 | 1 | 720 | Off Market | |
0.09 | $263,400 | 3 | 2 | 1,703 | Off Market | |
0.12 | $79,000 | 2 | 2 | 1,309 | For Sale | |
0.12 | - | - | - | - | Off Market | |
0.12 | - | - | - | - | Off Market | |
0.12 | $165,000 | 2 | 1 | 1,376 | Recently Sold | |
0.14 | - | - | - | - | Off Market | |
0.17 | $229,900 | 3 | 2 | 1,477 | For Sale | |
0.19 | - | - | - | - | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jun 3, 2026 Source: Stellar MLS #TB8478451 | PriceChange | $299,000 Price decreased by 7% |
Feb 20, 2026 Source: Stellar MLS #TB8478451 | Listed For Sale | $320,000 |
May 22, 2025 Source: Stellar MLS #OM700751 | Sold | $37,000 |
May 2, 2025 Source: Stellar MLS #OM700751 | Pending | $40,000 |
May 2, 2025 Source: Stellar MLS #OM700751 | Listed For Sale | $40,000 |
Oct 3, 2014 Source: Agent Provided | ListingRemoved | $19,999 |
Jun 14, 2014 Source: Agent Provided | PriceChange | $19,999 Price decreased by 5% |
Mar 14, 2014 Source: Agent Provided | Listed For Sale | $21,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $1,082 | $36,977 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Brian Lynch, LPT REALTY, LLC, (877) 366-2213
Agent Phone: (267) 312-2889

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Frequently asked questions about 5380 SE 28TH COURT
- What is the estimated monthly payment for 5380 SE 28TH COURT?Based on a $299,000 list price with 20% down at today's rates, the estimated monthly payment for 5380 SE 28TH COURT in Ocala, FL is approximately $2,052 (about $1,573 principal & interest, $404 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 5380 SE 28TH COURT compare to homes in Ocala?5380 SE 28TH COURT in Ocala, FL is listed at $299,000, about 15% above the $261K median sale price in Ocala.
- What do residents say about Ocala?Residents describe Ocala, FL as easy to park in, well-kept, and dog-friendly. Most residents say you need a car. See homes for sale in Ocala, FL.
- What are the closest schools to 5380 SE 28TH COURT?The closest schools to 5380 SE 28TH COURT in Ocala, FL are Belleview Middle School (rated 7/10), Forest High School (rated 5/10), Shady Hill Elementary School (Pre-K, rated 6/10).
- Does 5380 SE 28TH COURT have air conditioning?Yes, 5380 SE 28TH COURT in Ocala, FL has air conditioning.
- Does 5380 SE 28TH COURT have laundry facilities?Yes, 5380 SE 28TH COURT in Ocala, FL has laundry facilities.
5380 SE 28TH COURT, Ocala, FL 34480 is a 10 bedroom, 5 bathroom, 2,966 sqft multi-family built in 1969. This property is currently available for sale and was listed by Stellar MLS on Feb 20, 2026. The MLS # for this home is MLS# TB8478451.

