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$320,000 Just Listed
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Property Description
5380, 5420, 5431, & 5501 SE 28th Court - Exceptional opportunity to acquire four income-producing parcels (sold together - cannot be separated) in rapidly growing Ocala. This offering is part of a larger 9-property investment portfolio and consists of a mix of manufactured/mobile homes, all tenant occupied with documented rental history and consistent cash flow. Immediate income is in place from day one, making this an ideal acquisition for investors seeking stabilized returns with long-term upside. Each parcel is individually positioned yet assembled for maximum leverage and scale. The properties provide workforce housing in a market experiencing strong population growth, expanding logistics infrastructure, and continued economic diversification. Rental demand in this corridor remains resilient due to job creation and in-migration from higher-cost states. Ocala's expansion is supported by significant corporate investment. Major national operators such as FedEx and AutoZone have developed new warehouse and distribution facilities in the area, reinforcing employment stability and long-term rental demand. Additionally, the internationally recognized World Equestrian Center, the largest equestrian complex in the United States, drives year-round tourism, hospitality growth, and seasonal residency - all contributing to housing demand across price points. Strategic Central Florida Location: "¢ Approx. 75 miles (±1 hr 15 min) to Orlando International Airport "¢ Approx. 1 hr 20 min to Daytona Beach (Atlantic Coast) "¢ Approx. 1 hr 30 min to Clearwater Beach (Gulf Coast) "¢ Convenient access to I-75 connecting Tampa, Orlando, and North Florida This central positioning enhances tenant appeal while also strengthening long-term land value fundamentals. Investment & Development Potential: "¢ Stabilized cash-flow asset "¢ Four-parcel assemblage increases redevelopment flexibility "¢ Attractive land-bank strategy in a growth corridor "¢ Opportunity to enhance rents or reposition over time (buyer to verify zoning and land-use possibilities) As Marion County continues to attract industrial, logistics, and tourism-related development, assembled multi-parcel opportunities become increasingly scarce. This offering allows an investor to capture present income while maintaining optionality for future redevelopment or density optimization. Properties of this scale - with occupancy in place and corporate-backed regional growth - represent a compelling strong cash flow, appreciation potential, and strategic positioning in one of Central Florida's fastest-evolving markets. All parcels convey together. Serious investors and developers should evaluate this opportunity promptly. REF: TB8478427 , TB8478180
Full Property Details
Full Property Details for 5380 SE 28th Ct
General
- Price: $320,000
- Taxes: $1,081 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: TB8478451
- Updated: 2/20/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Ceiling Fan(s)
Rooms
Bathrooms
- Total Bathrooms: 5
Bedrooms
- Total Bedrooms: 10
Other Rooms
- Laundry: Other
Exterior
- Exterior Features: Fenced
Location
- Area: 34480 - Ocala
- County: Marion
- Development Name: 34480 - Ocala
- Subdivision: FLORIDA ORANGE GROVE LT 275
- Driving Directions: MLS Driving Directions (From I-75 North)-Take Exit 341 toward Belleview / County Road 484.-Turn right onto CR-484 East.-Continue approximately 3.5 miles.-Turn left onto SE 36th Avenue.-Continue north about 1 mile.-Turn right onto SE 54th Street.-Turn left onto SE 28th Court.-Property will be on the right-hand side.
Community
- Community Name: 34480 - Ocala
Heating & Cooling
- Cooling Type: Mini-Split Unit(s)
- Heating Type: Electric
Utilities
- Sewer: Septic Tank
- Water: Well
- Utility Description: Electricity Connected
Structural Information
- # Buildings: 4
- Exterior Const.: Metal Siding
- Roof: Other
- Square Feet: 2,966
- Sq. Ft. Source: Public Records
- Year Built: 1969
Lot Features
- Lot Size (Acres): 1.12
- Lot Size (Sq. Ft.): 48,788
- Lot Size: 1.12
- Lot Dimensions: 133 x 82
- Street/Road Desc.: Dirt
Financial Considerations
- Tax Amount: $1,081.54
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: SEC 03 TWP 16 RGE 22 PLAT BOOK D PAGE 064 FLORIDA ORANGE GROVE CORP N 133 FT OF E 1/2 OF LOT 275
- Flood Zone Info: x
- APN: 3582275002
- Property ID: 3582275002
- Block/Lot/Section: D-064fl
Listed by Lpt Realty, Llc
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Schools
Schools serving 5380 SE 28th Ct
School District:Marion County School District
| Name | Grades | Distance |
|---|---|---|
Shady Hill Elementary School 5959 South Magnolia Avenue, Ocala, FL 34471 | PK-5 | 2.3 mi |
Belleview Middle School 10500 Southeast 36th Avenue, Belleview, FL 34420 | 6-8 | 4.5 mi |
Forest High School 5000 Southeast Maricamp Road, Ocala, FL 34480 | 9-12 | 1.9 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 5380 SE 28th Ct
Date
Details
Price
Change
Source
2/20/2026
Listed
$320,000
764.86%
MLS
5/21/2025
Sold
$37,000
—
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 5380 SE 28th Ct
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,082
44%
$36,977
100%
2024
$751
19%
$18,472
10%
2023
$633
5%
$16,793
-30%
2022
$601
8%
$24,046
32%
2021
$559
—
$18,260
-8%
2021
$559
6%
$19,874
73%
2019
$529
8%
$11,469
10%
2018
$490
3%
$10,426
10%
2017
$477
6%
$9,478
10%
2016
$450
9%
$8,616
10%
2015
$413
5%
$7,833
10%
2014
$395
7%
$7,121
10%
2013
$369
—
$6,474
—
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 5380 SE 28th Ct
5380 SE 28th Court, Ocala, FL 34480 (MLS# TB8478451) is a Single Family property with 10 bedrooms and 0 full bathrooms. 5380 SE 28th Court is currently listed for $320,000 and was received on February 20, 2026. Want to learn more about 5380 SE 28th Court? Do you have questions about finding other Single Family real estate for sale in Ocala? You can browse all Ocala real estate or contact a Coldwell Banker agent to request more information.

