Updated HVAC
For Sale
$539,500
3050 SE 53RD, Ocala, FL 34480
Occupied four-unit property with renovated systems and consistent two-bedroom layouts.
Property Size3,417 SF
Days on Market55
Property Features for 3050 SE 53RD
General Information
Standard status
Active
Size
3,417 SF
Property subtype
Investment
Units
Unit Mix
4 x 2BR/2BA
Multifamily Units
4
Additional Details
Public Transit
No
Taxes and HOA fees
Annual Taxes
$4,811
Amenities
washer/dryer hookups
Building Details
Building Size
3,417 SF
Year Built
1985
Units
4
Listed By:
Paul Jayabalan Vincent
(813) 300-9177
Source:
Elliman
Added: Aug 18
Changed: Oct 4
Last Checked: Oct 11 at 6:11AM
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 Paul Jayabalan Vincent
Investment Insights
Based on property information with market context.
This occupied quadplex contains four units, each arranged with two bedrooms and two bathrooms. Interior finishes include Luxury Vinyl Plank flooring throughout, while washer and dryer hookups are provided in every unit. Tenants pay their own utilities, supporting a straightforward operating structure.
Major property improvements include a metal roof installed in 2022 and updated HVAC systems serving all four units. The property is located at 3050 SE 53RD in Ocala, with access to shopping, schools, dining, and the downtown area. WalkScore is 13, BikeScore is 29, and TransitScore is 0.
Major property improvements include a metal roof installed in 2022 and updated HVAC systems serving all four units. The property is located at 3050 SE 53RD in Ocala, with access to shopping, schools, dining, and the downtown area. WalkScore is 13, BikeScore is 29, and TransitScore is 0.
Key Highlights
- Four‑unit quadplex with all units occupied
- Each unit offers 2 bedrooms and 2 bathrooms
- Metal roof installed in 2022
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,659
Cap Rate
9.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$993,180
$993.2K
Cap Rate 7%
$709,414
$709.4K
Cap Rate 9%
$551,767
$551.8K
Market Conditions
NOI Build-Up for 3,417 SF
Gross rent
$96.4K $28.20/SF
− Vacancy
−$6.1K −$1.78/SF
EGI
$90.3K $26.42/SF
− OpEx
−$40.6K −$11.89/SF
NOI
$49.7K $14.53/SF
Area
Marion County, FL
Vacancy
6.30%
Lease Rate
$28.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$993,180
Cap Rate 7%
$709,414
Cap Rate 9%
$551,767
Alternative Uses
Best Use
Apartment 5plus
$709.4K
$620.7K – $827.7K
NOI $49,659 @ 7.0% cap · market cap 9.20%
Second Best
Multifamily LT 5
$705.5K
$617.3K – $823.1K
NOI $49,385 @ 7.0% cap · market cap 9.15%
Theoretical Best
Office A
$1.87M
$1.63M – $2.18M
NOI $130,616 @ 7.0% cap · market cap 24.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
9
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Occupied four-unit property with renovated systems and consistent two-bedroom layouts.
Where is this quadplex located?
The property is located at 3050 SE 53RD Ocala, FL.
What is the asking price?
The asking price for this property is $539,500.
What are key features of this property?
This property features: Four‑unit quadplex with all units occupied; Each unit offers 2 bedrooms and 2 bathrooms; Metal roof installed in 2022
