506 NE 28TH AVE Ocala, FL 34470
4 Beds
4 Baths
2,100 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,100 sqft
Price per Sqft $219
Subdivision French Estate
MLS Listing ID O6362268
Bedrooms 4
HOA Y/N No
Year Built 1979
Annual Tax Amount $4,345
Lot Size 0.360 Acres
Acres 0.36
Lot Dimensions 125x125
Property Sub-Type Quadruplex
Source Stellar MLS
Property Description
This property delivers immediate stability and long-term value with a strong annual net income of $50,400. Every unit is already rented, making this a true turnkey, income-producing asset from day one.
The building sits on a well-maintained lot with solid construction and practical updates that help reduce ongoing maintenance and support consistent occupancy. Whether you're growing your portfolio or searching for your next reliable cash-flow generator, this asset checks the important boxes: condition, stability, and performance.
Opportunities like this are rare — a refreshed quadruplex with proven income and zero vacancy. The work is done; the returns are already in motion.
Location
State FL
County Marion
Community French Estate
Area 34470 - Ocala
Zoning R3
Interior
Interior Features Ceiling Fans(s)
Heating None
Cooling Wall/Window Unit(s)
Fireplace false
Laundry None
Exterior
Exterior Feature Other
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Roof Type Metal
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block,Stucco
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, Other, VA Loan
Listing Terms Cash, Conventional, FHA, Other, VA Loan
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6362268
NEARBY SCHOOL & BUSINESS
- 7
Eighth Street Elementary School
Public | KG - 5
- 6
Ward-Highlands Elementary School
Public | PK - 5
- 5
Maplewood Elementary School
Public | PK - 5
- 4
South Ocala Elementary School
Public | PK - 5
- 2
Evergreen Elementary School
Public | PK - 5
- 1
Wyomina Park Elementary School
Public | PK - 5
- 1
Oakcrest Elementary School
Public | PK - 5
- 0
Graceway Academy
Private | PK - 5
- 0
The Cornerstone School
Private | PK - 8
- 0
Arc Birth-22
Public | PK - 12
- 0
St John Lutheran School
Private | PK - 12
- 0
Ocala Christian Academy
Private | PK - 12
- 0
The Reading Clinic
Private | 1 - 7
- 0
Blessed Trinity School
Private | KG - 8
- 0
Student Services/Ese
Public | PK - 12
- 0
Marion Virtual Instruction Program
Public | KG - 12
- 0
Marion Virtual Franchise
Public | KG - 12
- 0
Kingdom Christian Academy/Precious Children Preschool
Private | PK - 12
- 0
Kingdom Christian Academy Precious Childr
Private | PK - 12
- 0
Marion Elearning
Public | KG - 5
- 7
Osceola Middle School
Public | 6 - 8
- 4
Fort King Middle School
Public | 6 - 8
- 1
Hillcrest
Public | 6 - 12
- 0
Silver River Mentoring and Instruction
Public | 6 - 12
- 0
Pace Center for Girls, Inc.
Public | 6 - 12
- 0
New Horizon Academy
Private | 6 - 12
- 5
Vanguard High School
Public | 9 - 12
- 1
Francis Marion Military Academy
Public | 9 - 12
- 0
Marion Technical Institute
Public | 9 - 12