Available Now! NEW ROOF AUGUST 2024 and RECENT DRAINFIELD. 8.6% actual capitalization rate. This high income producing quadruplex is located in the popular SE area of town. This quadruplex features four 2/2 units. The nearby amenities such as schools, groceries, shopping centers, and restaurants create a high rental rate. This translates into a very profitable opportunity for any new owner. Each unit is outfitted with its separately metered electric and interior laundry. Overall the high rental rates, brand new roof, newer drain field, and ease of management make this a very lucrative opportunity. Property is currently professionally managed. T-12 Cash flow statement attached. Please inquire today. All units individually metered for water and for electric.
Sold for $465,000
$465,000
3005 SE 55th Ave, Ocala, FL 34480
2beds
2baths
3,417sqft
Quadruplex, Multi Family
Built in 1984
-- sqft lot
$435,000 Zestimate®
$136/sqft
$1,214 Estimated rent
Home value
$435,000
$383,000 - $492,000
$1,214/mo
Zestimate® history
Owner options
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$1,214/mo
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$1,214/mo
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$3,190/mo
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Zillow last checked:
Listing updated:
Listed by:
Bradley Busch 352-274-0909,
BUSCH REALTY 352-690-1909
Bought with:
Andrew Cutrona, 3501140
BLUE PEAK REALTY LLC
Source: Stellar MLS,MLS#: OM684438
Originating MLS: Ocala - Marion
Originating MLS: Ocala - Marion
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Heating
- Electric
Cooling
- Central Air
Appliances
- Laundry: Inside
Features
- Other
- Flooring: Tile
- Has fireplace: No
Interior area
- Total interior livable area: 3,417 sqft
Property
Features
- Exterior features: Other
Lot
- Size: 0.25 Acres
- Dimensions: 100 x 110
Details
- Parcel number: 2969800204
- Zoning: R3
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Block, Wood Frame, Wood Siding
- Foundation: Block
- Roof: Shingle
Condition
- New construction: No
- Year built: 1984
Utilities & green energy
- Sewer: Aerobic Septic
- Water: Public
- Utilities for property: BB/HS Internet Available, Cable Connected, Electricity Connected
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: GREENFIELDS UN 01
HOA
- Has HOA: Yes
- HOA fee: $55 monthly
- HOA name: OF RECORD
Location
- Region: Ocala
Financial & listing details
- Price per square foot: $136/sqft
- Tax assessed value: $312,120
- Annual tax amount: $5,785
- Date on market: 8/22/2024
- Cumulative days on market: 33 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Lease term: 12 Months
- Total actual rent: 4600
- Tenant pays: Electricity, Water
- Electric utility on property: Yes
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 11/4/2024 | Sold | $465,000-3.5%$136/sqft |
Source:  Stellar MLS #OM684438 Report a problem | ||
| 9/25/2024 | Pending sale | $482,000$141/sqft |
Source: Stellar MLS #OM684438 Report a problem | ||
| 9/18/2024 | Price change | $482,000-3.6%$141/sqft |
Source: Stellar MLS #OM684438 Report a problem | ||
| 8/22/2024 | Listed for sale | $499,900+164.5%$146/sqft |
Source: Stellar MLS #OM684438 Report a problem | ||
| 9/26/2018 | Sold | $189,000+45.4%$55/sqft |
Source: Public Record Report a problem | ||
| 2/10/2003 | Sold | $130,000+25%$38/sqft |
Source: Public Record Report a problem | ||
| 8/7/2001 | Sold | $104,000$30/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,039 +4.4% | $312,120 +6.3% |
| 2023 | $5,786 +31.6% | $293,760 +61.6% |
| 2022 | $4,396 +13.6% | $181,764 +10% |
| 2021 | $3,868 +5.6% | $165,240 +9.1% |
| 2020 | $3,661 +1.8% | $151,470 +3.8% |
| 2019 | $3,595 | $145,860 +24.3% |
| 2018 | $3,595 +25.5% | $117,300 +9.5% |
| 2017 | $2,864 +8% | $107,100 +3.8% |
| 2016 | $2,652 | $103,179 +10% |
| 2015 | $2,652 +11.2% | $93,799 +10% |
| 2014 | $2,385 +6.8% | $85,272 +10% |
| 2013 | $2,232 -0.4% | $77,520 -1.3% |
| 2012 | $2,242 -20.8% | $78,540 -32.5% |
| 2011 | $2,830 -9.3% | $116,280 -14.3% |
| 2010 | $3,121 -13.1% | $135,660 -20.8% |
| 2009 | $3,589 -12.9% | $171,360 -18.8% |
| 2008 | $4,123 +0.5% | $211,140 |
| 2007 | $4,102 -3.1% | $211,140 +5.9% |
| 2006 | $4,235 +46.1% | $199,410 +47% |
| 2005 | $2,898 | $135,660 +14.4% |
| 2004 | $2,898 +38% | $118,575 +36.8% |
| 2002 | $2,100 +11.9% | $86,700 +11.8% |
| 2001 | $1,876 | $77,520 |
| 2000 | $1,876 | $77,520 |
Find assessor info on the county website
Neighborhood: 34480
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Nearby schools
GreatSchools rating
- 7/10Maplewood Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 8/10Osceola Middle SchoolGrades: 6-8Distance: 4.9 mi
- 5/10Forest High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Maplewood Elementary School-M
- Middle: Osceola Middle School
- High: Forest High School
Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$435,000
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$435,000
- Florida
- Marion County
- Ocala
- 34480
- 3005 SE 55th Ave
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