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506 NE 28TH AVENUE - OCALA, FL - 16bd/16ba - $475,000

506 NE 28TH AVENUEOCALA, FL 34470

Active4 views0 saves
$475,000
Investimate®$498,750
16beds
16baths
2,160sqft
1979built
5days on market
0.36acre lot

Financial Information

Property Tax

$4,345.96 (2024)

Key Details

Property Type

Residential Income

Property Subtype

Quadruplex

Garage

N/A

Lot Size

0.36 acres

Price per sqft

$220

Cooling

Wall/Window Unit(s)

Heating

None

Days on Market

5 days

Year Built

1979

Subdivision

FRENCH ESTATE

Property Features

Price History

DateEventPriceChangeSource
11/26/2025Listed$475,000MLS
11/26/2025Back on Market$475,000+$0(+0.0%)MLS

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.

About 506 NE 28TH AVENUE, OCALA

This 16 bedroom, 16 bathroom property located at 506 NE 28TH AVENUE in OCALA, FL 34470 is currently available. The home features 2,160 square feet of living space and was built in 1979.

Explore more homes for sale in OCALA, FL or search for properties in the 34470 zip code.

Looking for properties near 506 NE 28TH AVENUE? Browse OCALA real estate listings or view properties in 34470.

Frequently Asked Questions About 506 NE 28TH AVENUE

What is the price of 506 NE 28TH AVENUE?

The current list price for 506 NE 28TH AVENUE is $475,000.

How many bedrooms and bathrooms does 506 NE 28TH AVENUE have?

506 NE 28TH AVENUE has 16 bedrooms and 16 bathrooms, with 2,160 square feet of living space.

What is the address of this property in OCALA, FL?

The property address is 506 NE 28TH AVENUE, OCALA, FL 34470.

When was 506 NE 28TH AVENUE built?

506 NE 28TH AVENUE was built in 1979.

What is the MLS number for 506 NE 28TH AVENUE?

The MLS listing ID for 506 NE 28TH AVENUE is O6362268.

Price
$475,000