Two-Unit Duplex
5320 SE 28th Ln Ocala, FL 34480
For Sale
Contact for pricing
Duplex offers two 2-bedroom, 2-bath units with washer and dryer hookups and shared septic.
Property Size1,736 SF
Price / SF$177
Days on Market95
Property Features for 5320 SE 28th Ln
General Information
- Standard status
- Active
- Size
- 1,736 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1984
Listing Agency:
Walden & Co Realty
(561) 644-2353
Listed By:
Maria Walden · License #FL3331161
Source:
Crexi
Added: Apr 23
Changed: Jul 22
Last Checked: Jul 23 at 11:30AM
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 Walden & Co Realty
Investment Insights
Based on property information with market context.
This duplex features two separate 2-bedroom, 2-bath units. Unit 5330 includes modern upgrades such as quartz countertops, updated light fixtures, and stainless steel appliances. Unit 5320 is move-in ready or can be updated to suit a new owner’s preferences.
Each unit includes washer and dryer hookups, and tenants supply their own washer and dryers. The property has central A/C and heat, with separate electric meters and water meters. There are 2 electric meters through the City of Ocala and 2 water meters through Marion utilities, and the duplex uses a shared septic system. Tenants pay a monthly utility reimbursement for trash and septic maintenance. A rent roll is available upon request.
Each unit includes washer and dryer hookups, and tenants supply their own washer and dryers. The property has central A/C and heat, with separate electric meters and water meters. There are 2 electric meters through the City of Ocala and 2 water meters through Marion utilities, and the duplex uses a shared septic system. Tenants pay a monthly utility reimbursement for trash and septic maintenance. A rent roll is available upon request.
Key Highlights
- Duplex built in 1984 with two 2‑bedroom, 2‑bath units
- Each unit includes washer and dryer hookups, and tenants supply their own washer and dryers
- 2 electric meters (City of Ocala) and 2 water meters (Marion utilities)
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $49.0k | $28.20 |
| − Vacancy | −$3.1k | −$1.78 |
| EGI | $45.9k | $26.42 |
| − OpEx | −$20.6k | −$11.89 |
| NOI | $25.2k | $14.53 |
1,736 SF · lease $28.20/SF/yr · vacancy 6.30% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$360.4K
$315.4K – $420.5K
NOI $25,229 @ 7.0% cap · market cap 8.16%
Second Best
Multifamily LT 5
$358.4K
$313.6K – $418.2K
NOI $25,090 @ 7.0% cap · market cap 8.12%
Theoretical Best
Office A
$948.0K
$829.5K – $1.11M
NOI $66,359 @ 7.0% cap · market cap 21.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Duplex offers two 2-bedroom, 2-bath units with washer and dryer hookups and shared septic.
Where is this duplex located?
The property is located at 5320 SE 28th Ln Ocala, FL.
What is the asking price?
The asking price for this property is $309,000.
What are key features of this property?
This property features: Duplex built in 1984 with two 2‑bedroom, 2‑bath units; Each unit includes washer and dryer hookups, and tenants supply their own washer and dryers; 2 electric meters (City of Ocala) and 2 water meters (Marion utilities)
