5121 Southeast 29th Street

Ocala, FL 34480

$390,000
Last Sold Price
6
Beds
3,066 Sq. Ft.
$127 / Sq. Ft.
3,066
Sq. Ft.
$127
per Sq. Ft.

Description

Investor Opportunity Quadplex in the fast-growing Ocala market. Owner has 6 quadruplexes for sale individually or as a package in this development. This unit has (2) 2/2 and (2) 1/1. Laundry hookup inside and private fenced patios outside. All units are rented on one year lease terms with long term tenants occupying most of the units. There is a waiting list for these units. All the units are professionally managed, and rents are paid on time. The new owner may keep the management company in place...Investor Opportunity Quadplex in the fast-growing Ocala market. Owner has 6 quadruplexes for sale individually or as a package in this development. This unit has (2) 2/2 and (2) 1/1. Laundry hookup inside and private fenced patios outside. All units are rented on one year lease terms with long term tenants occupying most of the units. There is a waiting list for these units. All the units are professionally managed, and rents are paid on time. The new owner may keep the management company in place for an easy transition. This property has been updated through the years, the roof was replaced in 2021.
  1. Listed by Greg DeNardis • SELLSTATE NEXT GENERATION REAL

Property Details for 5121 Southeast 29th Street

Subdivision Name
WHISPERING SANDS UN 01
Township
15S
Waterfront
No

Location

Listing Courtesy of SELLSTATE NEXT GENERATION REAL

Sold By KELLER WILLIAMS CORNERSTONE RE

Add your commute
LISTING UPDATED: 09/23/2022 08:35 AM

Property Details for 5121 Southeast 29th Street

StatusSold
MLS #OM640399
Days on Market88
Taxes$3,337 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1980
Lot Size0.33 AC / 14,375 SF
CountyMarion County

Location

Listing Courtesy of SELLSTATE NEXT GENERATION REAL

Sold By KELLER WILLIAMS CORNERSTONE RE

Add your commute

Building Information for 5121 Southeast 29th Street

Stories-Residences4Year Built1980Building Size-Lot Size0.33 AC / 14,375 SF

Payment Calculator

$2,406 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,128

Property Taxes

$278

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5121 Southeast 29th Street

Summary
Location and General Information
  • Building Area Units: Square Feet
  • Directions: South on se 52nd ave, T/R on se 29th to property on right
  • Mls Major Change Type: Sold
  • Major Change Type: Closed
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 5121
  • Street Direction Prefix: SE
  • Street Name: 29TH
  • Street Suffix: STREET
  • State: FL
  • City: OCALA
Parking
  • Carport: No
  • Garage: No
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: A
  • Tax Book Number: T-028
  • Tax Legal Description: SEC 25 TWP 15 RGE 22 PLAT BOOK T PAGE 028 WHISPERING SANDS UNIT 1 BLK A LOT 5
  • Tax Lot: 5
  • Tax Year: 2021
Property
Lot Information
  • Additional Parcels: No
  • Lot Size Dimensions: 100x145
  • Parcel Number: 2972-001-005
  • Total Acreage: 1/4 to less than 1/2
  • Total Num Buildings: 1
  • Water Access: No
  • Water Extras: No
  • Zoning: R3
  • Living Area: 3066
  • Lot Dimensions: 100x145
Property and Assessments
  • Year Built Numeric: 1980
  • Flood Zone Code: x
  • New Construction: No
  • Public Survey Range: 22E
  • Public Survey Section: 25
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Stucco
  • Exterior Features: Sidewalk, Sliding Doors
  • Foundation Details: Slab
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 6
  • Cooling: Central Air
  • Fireplace: No
  • Heating: Central
  • Interior Features: Kitchen/Family Room Combo, Thermostat
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Net Income: $.00
  • Unit Count: 4
Unit 1
  • Unit Type Baths Total 1: 1
  • Unit Type Beds Total 1: 1
  • Unit Type Pro Forma 1: 575
  • Unit Type Type 1: 1 Bed/1 Bath
Unit 2
  • Unit Type Baths Total 2: 1
  • Unit Type Beds Total 2: 1
  • Unit Type Pro Forma 2: 600
  • Unit Type Type 2: 1 Bed/1 Bath
Unit 3
  • Unit Type Baths Total 3: 1
  • Unit Type Beds Total 3: 2
  • Unit Type Pro Forma 3: 750
  • Unit Type Type 3: 2 Bed/1 Bath
Unit 4
  • Unit Type Baths Total 4: 1
  • Unit Type Beds Total 4: 2
  • Unit Type Pro Forma 4: 580
  • Unit Type Type 4: 2 Bed/1 Bath

Property History for 5121 Southeast 29th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5121 Southeast 29th Street

Taxable ValueLand$20,000Additions$257,440Total$277,440
Tax Record2023$5,529 ($461 / month)
Home Facts
Baths4Total Finished SqFt3,066 SqFtAbove Grade Finished SqFt3,066 SqFtStories1Lot Size14,375 SqFtStyleQuadraplexYear Built1980Year Renovated2007ZoningR3CountyMARIONAPN2972-001-005

Schools near 5121 Southeast 29th Street

This home is within Marion.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Maplewood Elementary School
PublicPK to 5

Osceola Middle School
Public6 to 8

Forest High School
Public9 to 12

Silver River Mentoring And Instruction
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of SELLSTATE NEXT GENERATION REAL

Based on information from one of the following Multiple Listing Services: Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.