506 NE 28th Avenue, Ocala, FL 34470

Local realty services provided by:Better Homes and Gardens Real Estate Thomas Group
506 NE 28th Avenue,Ocala, FL 34470
$475,000
  • 16 Beds
  • 16 Baths
  • 2,100 sq. ft.
  • Multi-family
  • Active
Listed by: lorena hernandez, avihai sela
Office: safetynet realty
MLS#:O6362268
Source:MFRMLS

Price summary

  • Price:$475,000
  • Price per sq. ft.:$219.91

About this home

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.

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Home facts

  • Year built:1979
  • Listing ID #:O6362268
  • Added:1 day(s) ago
  • Updated:November 26, 2025 at 10:07 PM

Rooms and interior

  • Bedrooms:16
  • Total bathrooms:16
  • Living area:2,100 sq. ft.

Heating and cooling

  • Cooling:Wall/Window Unit(s)

Structure and exterior

  • Roof:Metal
  • Year built:1979
  • Building area:2,100 sq. ft.
  • Lot area:0.36 Acres

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$475,000
  • Price per sq. ft.:$219.91
  • Tax amount:$4,346 (2024)
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