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Turnkey Four-Unit Multifamily

3990 SE 17TH COURT, Ocala, FL 34480

For Sale
$499,000
Pending

Turnkey four-unit property with two occupied units and two vacant units ready for lease-up.

Property Size3,233 SF
Lot Size0.28 Acres
Days on Market119

Property Features for 3990 SE 17TH COURT

General Information

Standard status Pending
Size 3,233 SF
Lot size 0.28 Acres
Property subtype Quadruplex

Additional Details

Business Included Yes
Multifamily Units 4

Building Details

Year Built 1982
Listing Agency: SAFETYNET REALTY
Listed By: Lorena Hernandez · License FL #3437234
Source: Endlesssummerrealty
Added: Jul 15 Changed: Nov 8 Last Checked: Nov 8 at 6:09AM

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 SAFETYNET REALTY

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Investment Insights

Based on property information with market context.

This turnkey four-unit investment property offers immediate rental income with two occupied units and two additional vacant units ready for lease-up. The opportunity includes current tenant occupancy while new residents can be added to complete stabilization across all four units.

Located in Southeast Ocala at 3990 SE 17TH COURT, the property sits on a 0.28-acre lot and totals 3,233 square feet. Based on projected full occupancy, the property is described as capable of approximately $4,950 in monthly rental income once all four units are leased.

Key Highlights

  • Four‑unit multifamily property built in 1982
  • Southeast Ocala location on a 0.28‑acre lot
  • Two occupied units and two vacant units ready for lease‑up

Property Analytics

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Lease Details

4
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

366
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Quadplexes in Ocala, FL

$168 Jul
$169 Aug
$163 Sep
$163 Oct

Properties on Market for Quadplexes in Ocala

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Turnkey four-unit property with two occupied units and two vacant units ready for lease-up.
Where is this quadplex located?
The property is located at 3990 SE 17TH COURT Ocala, FL.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Four‑unit multifamily property built in 1982; Southeast Ocala location on a 0.28‑acre lot; Two occupied units and two vacant units ready for lease‑up
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