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OCALA, FL 34470 506 NE 28TH AVENUE

506 NE 28TH AVENUE OCALA, FL - Image 1506 NE 28TH AVENUE OCALA, FL - Image 2506 NE 28TH AVENUE OCALA, FL - Image 3
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Presented By: SAFETYNET REALTY with 317-603-8743. - 317-603-8743
  • MLS# O6362268
  • 11/26/2025
  • Request Tour
  • Request Info
  • Beds • 16
  • Baths • 16
  • SQFT • 2,100

Home Details

Discover an exceptional investment opportunity with this fully leased quadruplex, offering four clean and inviting 1-bedroom, 1-bath units. Each residence has been refreshed with light updates, giving the interiors a bright, tidy feel that tenants love— and investors appreciate. 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.
Presented By: SAFETYNET REALTY with 317-603-8743. - 317-603-8743

Interior Features for 506 NE 28TH AVENUE

Bedrooms

Total Bedrooms16

Bathrooms

Total Baths16

Other Interior Features

LivingAreaSourceappraiser
Air Conditioning Y/NYes
Fireplace Y/NNo
Heating Y/NNo
Interior Amenitiesceiling fan(s)
Laundry Featuresnone

General for 506 NE 28TH AVENUE

Additional Parcels Y/NNo
Building Area Unitssquare feet
Carport Y/NNo
Cityocala
Construction Materialsblock, stucco
Coolingwall/window unit(s)
Countymarion
Directionshead east on silver springs blvd, turn left onto ne 36th ave, then right onto ne 28th ave and follow it south to 506.
Flood Zone Codex*
Flood Zone Code XY
Garage Y/NNo
HOANo
Heatingnone
Land Lease Y/NNo
Legal Descriptionsec 15 twp 15 rge 22 plat book c page 034 french estates blk b lots 22.23.24.25.26
Listing Termscash, conventional, fha, other, va loan
Living Area Unitssquare feet
Lot Size Square Feet15682
Lot Size Unitssquare feet
MLS Area34470 - ocala
New ConstructionNo
Number Of Units Total4
Occupancy Typetenant
Ownershipfee simple
Property Subtypequadruplex
Property Typeresidential income
Roofmetal
Senior Community Y/NNo
Sewerpublic sewer
Standard Statusactive
Statusactive
Subdivision Namefrench estate
Tax Annual Amount4345.96
Tax Lot22
Tax Year2024
Utilitieselectricity connected, sewer connected, water connected
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1979
Zoningr3

Exterior for 506 NE 28TH AVENUE

Building Area Total2160
Exterior Amenitiesother
Foundation Detailsslab
Lot Dimensions125 x 125
Lot Size Acres0.36
Lot Size Area15682
Number of Buildings1
Private PoolNo
Road Surface Typeasphalt, concrete
Water Sourcepublic
Waterfront Y/NNo

Additional Details

Price History

Steven Silcock

Broker Owner
Price $475,000
MLS#O6362268
List Date 11/26/2025
Property Type Income
Phone 407.574.0218
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Request Info
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