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$639,000
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Property Description
**PRICE REDUCED**Opportunity Awaits** Calling All Investor's** This True 4-plex is an amazing investment property.. Centrally located in the heart of Ocala this property sits in the Citrus Park subdivision; a quiet community just south of Downtown Ocala. It is a true turnkey Gem grossing a whopping 9% annual Cap rate with plenty of room to grow. All 4 units are rented with great tenant's and the property is currently bringing in $5,050.00 a month and $60,600.00 annually.. There are a few long term tenants, which is alway great to have and all tenants pay on time.. The Owner has spared no expenses towards upgrading the property, Upgrades include a new Roof in 2023, 4 bathrooms were totally upgraded including new shower fixture controller's, sinks faucets and mirrors.. 2 new kitchen's with shaker cabinet's, counters and sink's plus new plumbing and P-traps in the 2 upgraded kitchen's. Also the owner put in new privacy fences and fresh paint.. All four unit's have there own privacy fence and dividers giving your tenant's a homie feel. Also each unit has it's own washer/dryer hook-up's; each tenant provide's there own W/D. All units have been well maintained by the landlord there are currently no repairs needed.. Don't miss out on this opportunity to add this Amazing property to your porfolio call now...
Full Property Details
Full Property Details for 3950 SE 17th Ct
General
- Price: $639,000
- Taxes: $6,743 (2024)
- Status: Active
- Type: Multi-Family
- Source: MidFloridaRegionalMLS
- MLS ID: OM707646
- Updated: 10/16/2025
- Added to Site: 160 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Interior Features: Other
Rooms
Bathrooms
- Total Bathrooms: 20
Bedrooms
- Total Bedrooms: 32
Other Rooms
- Laundry: Washer Hookup
Exterior
- Exterior Features: Fenced
Location
- Area: 34480 - Ocala
- County: Marion
- Development Name: 34480 - Ocala
- Subdivision: CITRUS PARK
- Driving Directions: TAKE US 301 SOUTH OF DOWNTOWN OCALA TO SE WEIR AVE TURN LEFT THEN MAKE YOUR FIRST RIGHT ONTO SE 38TH STREET THEN TURN RIGHT ONTO SE 17TH COURT TO PROPERTY ON THE RIGHT..
Community
- Community Name: 34480 - Ocala
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Connected, Public, Water - Multiple Meters, Water Connected
Structural Information
- # Buildings: 1
- Exterior Const.: Block
- Roof: Shingle
- Square Feet: 3,233
- Sq. Ft. Source: Public Records
- Year Built: 1981
Lot Features
- Lot Size (Acres): 0.27
- Lot Size (Sq. Ft.): 11,761
- Lot Size: 11761
- Lot Dimensions: 100 x 120
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $6,743.33
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: SEC 33 TWP 15 RGE 22 PLAT BOOK S PAGE 014 CITRUS PARK BLK A LOT 4
- Flood Zone Info: x
- APN: 3120001004
- Property ID: 3120001004
- Block/Lot/Section: A
Listed by Mr Realty Of Florida Llc
Get Pre-Approved Today
Schools
Schools serving 3950 SE 17th Ct
School District:Marion County School District
| Name | Grades | Distance |
|---|---|---|
South Ocala Elementary School 1430 Southeast 24th Road, Ocala, FL 34471 | PK-5 | 0.9 mi |
Osceola Middle School, Ocala, FL 526 Southeast Tuscawilla Avenue, Ocala, FL 34471 | 6-8 | 2.6 mi |
Forest High School 5000 Southeast Maricamp Road, Ocala, FL 34480 | 9-12 | 3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3950 SE 17th Ct
Date
Details
Price
Change
Source
10/16/2025
Price Reduced
$639,000
-5.33%
MLS
8/14/2025
Listed
$675,000
22.73%
MLS
9/27/2023
Sold
$550,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3950 SE 17th Ct
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,743
20%
$312,120
59%
2023
$5,624
13%
$196,783
-2%
2022
$4,974
5%
$199,920
17%
2021
$4,730
—
$171,360
8%
2021
$4,730
20%
$159,120
30%
2018
$3,954
5%
$122,186
10%
2017
$3,781
4%
$111,078
10%
2016
$3,645
41%
$100,980
10%
2015
$2,582
-39%
$91,800
-32%
2019
$4,250
70%
$134,405
46%
2014
$2,503
8%
$91,800
12%
2013
$2,326
—
$81,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3950 SE 17th Ct
3950 SE 17th Court, Ocala, FL 34480 (MLS# OM707646) is a Multi-Family property with 4 units containing 32 bedrooms and 0 full bathrooms. 3950 SE 17th Court is currently listed for $639,000 and was received on August 14, 2025. Want to learn more about 3950 SE 17th Court? Do you have questions about finding other Multi-Family real estate for sale in Ocala? You can browse all Ocala real estate or contact a Coldwell Banker agent to request more information.

