5380 Front SE 28th - 5380 SE 28TH CT, OCALA
5380 SE 28th - 5380 SE 28TH CT, OCALA
5420 SE 28th - 5380 SE 28TH CT, OCALA
5431 SE 28th - 5380 SE 28TH CT, OCALA
5501 SE 28th - 5380 SE 28TH CT, OCALA
5501 SE 28th - 5380 SE 28TH CT, OCALA
6 photos

$299,000

5380 SE 28TH CT
OCALA, FL 34480
Listed by Brian Lynch · LPT REALTY, LLC
Bedrooms
10
Bathrooms
N/A
Living area
2,966 sqft
Year built
1969

About this home

- 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

Property details

MLS #
MFRTB8478451
Property type
Multi-Family 5+
Subdivision
FLORIDA ORANGE GROVE LT 275
Status
Active
Days on market
173
On market date
February 20, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
1.12 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
SHADY HILL ELEMENTARY SCHOOL
2.27 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
606
Student:teacher ratio
16.4:1
District
MARION
MiddleCharter
OCALI CHARTER MIDDLE SCHOOL
2.09 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
201
Student:teacher ratio
15.5:1
District
MARION
High
FOREST HIGH SCHOOL
2.03 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
2,181
Student:teacher ratio
21.8:1
District
MARION

Walkability

Blended score for OCALA's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

31
Car-dependent
out of 100
EPA National Walkability Index
7.2 / 20 -- Below average walkable
Nearby-amenity density
23 / 100
Restaurants & cafes1
Grocery stores1
Parks0
Schools3
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in OCALA, from live MLS data.

On the market 173 days -- 73 more days than OCALA's current average of 100 days.
For reference, the median list price across 4,625 active listings in OCALA right now is $250,000.

Mortgage calculator

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Est. monthly payment
$1,951/mo
$59,800 down
$239,200 loan
Principal & interest$1,551
Property tax (est.)$249
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated August 12, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.