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Quadplex With 2022 Roof
For Sale
$425,000
Pending

5131 SE 29TH STREET, Ocala, FL 34480

Four residential units include in-unit laundry, walk-in closets, spacious layouts, and individual patios.

Property Size3,066 SF
Days on Market646

Property Features for 5131 SE 29TH STREET

General Information

Standard status Pending
Size 3,066 SF
Property subtype Multi Family

Property Condition

Severity Repairs Needed
Evidence Cosmetic updates

Units

Unit Mix 2 x 2BR/1BA, 2 x 1BR/1BA
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $5,529

Amenities

in-unit laundry
walk-in closets
patio

Building Details

Year Built 1980
Buildings 1
Listing Agency: GRECO REAL ESTATE
Listed By: Kelsey Duncan · License #3579696
Source: Exitrealty
Added: Nov 23, 2024 Changed: Aug 30 Last Checked: Aug 31 at 1:56PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of GRECO REAL ESTATE

Investment Insights

Based on property information with market context.

Located in SE Ocala, this 3,066-square-foot quadplex contains four residential units within a building constructed in 1980. The unit mix includes two two-bedroom, one-bath residences and two one-bedroom, one-bath residences. Each unit has its own patio, along with in-unit laundry and walk-in closets.

A roof replacement was completed in 2022. The property offers a combination of functional unit features and varied bedroom configurations within a single multifamily asset. Cosmetic updates are identified as an opportunity for further improvement.

Key Highlights

  • 3,066‑square‑foot quadplex in SE Ocala
  • Unit mix includes two 2 bed, 1 bath units and two 1 bed, 1 bath units
  • Roof completed in 2022

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Dental Office Building Supply Daycare Center Big Box & Wholesale Store Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

188
Businesses Nearby

Demographics for 34480, FL

21,709
Population
9,864
Households
2.2
Avg Household Size
40
Median Age
28%
College-Educated
93%
High-School Grad
35.2 sq mi
ZIP Area
617
Density / Sq Mi
$75,334
Median Household Income
$40,953
Median Earnings
$1,238
Median Rent
$248,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four residential units include in-unit laundry, walk-in closets, spacious layouts, and individual patios.
Where is this quadplex located?
The property is located at 5131 SE 29TH STREET Ocala, FL.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 3,066‑square‑foot quadplex in SE Ocala; Unit mix includes two 2 bed, 1 bath units and two 1 bed, 1 bath units; Roof completed in 2022
More about this property
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