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$320,000
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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 expanding Ocala. This offering is part of a larger 9-property 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 new 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: "¢ Tenant-occupied with income in place "¢ Multi-parcel assemblage increases flexibility "¢ 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 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: 3/2/2026
- Added to Site: 47 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 ATTOM Data Solutions 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.

