Residential Property - Single Family Residence in Ocala
Listing Price: $475,000 (Mortgage Calculator →)
Description of Property
4 Homes - 1 Great Price and Location! 5-Acre Income-Producing Farmstead in NE Ocala – 4521 NE 28 Avenue, Ocala, FL 34479 4 Homes | Pool | Barns | Paddocks | Agricultural Zoning | Rental Income Opportunity meets versatility with this 5-acre multi-residence property located in the highly desirable NE Ocala area, just minutes from shopping, dining, and everyday conveniences. Whether you're looking for an income-producing investment, multi-family living, or a mini farm setup, this property offers incredible potential. The main residence is a solid 1962 concrete block home featuring 2 bedrooms, 1 bathroom, and 1,296 sq ft of living space. Inside, you’ll find a wood-burning stone fireplace, oak cabinetry with Formica countertops, all appliances included, and a convenient inside laundry area. A 19’x10’ screened porch overlooks the in-ground pool and a unique covered outdoor smoker pit, perfect for entertaining. Step outside and you’ll discover extensive improvements ideal for work, storage, or agricultural use. A massive 70’x34’ pole barn includes an open area with concrete slab, ideal for equipment storage or mechanical work. Additionally, a shed row with 6 stalls and workshop areas supports livestock or hobby farm use, complemented by three fenced paddocks. The property also includes three manufactured homes currently generating $2,750/month in rental income, offering immediate cash flow: Rental 1: 1992 MH, 4BR/2BA, 1,771 sq ft Rental 2 & 3: 1980 MHs, each 2BR/1BA, 784 sq ft Zoned Agricultural, this property is well-suited for horses or livestock or farming. While the homes could benefit from some updating, they are priced accordingly, making this a prime value-add opportunity. Located in the heart of NE Ocala, you’re close to everything while still enjoying the space and freedom of acreage living. Endless possibilities—live, rent, farm, or invest. Schedule your private showing today!
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
Width: Double Wide
City: Ocala
County: Marion
Subdivision: Na
Bedrooms: 2
Bathrooms: 1
Sq. Ft. Gross: 1,636
Sq. Ft. Living Area: 1,296
Cost per (heated) sqare foot: $367
Year built: 1962
Annual Tax: $6,002
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: Refrigerator
Flooring: Laminate
Pool & Waterfront Info
Private Pool: Yes
Pool Features: In Ground
Exterior & Construction
Construction: Block
Foundation: Slab
Roof: Shingle
Exterior Features: Sliding Doors
Floors Total: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Electric
Patio & Porch Features: Screened
View: Trees/Woods
Fencing: Wood
Sewer: Septic Tank
Water Source: Well
Lot Information
Lot Features: Zoned for Horses
Lot Size (acres): 5
Lot Size (sq. ft.): 217,800 square feet
Lot Dimensions: 330 x 660
Front Exposure: West
Legal Description & Other Information
Financing Available: Conventional
Parcel Number: 1585200300
Zoning: A1
Tax Legal Desc.: SEC 34 TWP 14 RGE 22 W 1/2 OF SW 1/4 OF NE 1/4 OF NW 1/4
Section: 34
Range: 22E
Listing courtesy of ROUNTREE REALTY CORP.. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.