4 Beds
2 Baths
1,296 SqFt
4 Beds
2 Baths
1,296 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi-Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 1,296 sqft
Price per Sqft $66
Subdivision Florida Orange Grove Corp
MLS Listing ID TB8478427
Bedrooms 4
HOA Y/N No
Year Built 1970
Annual Tax Amount $1,340
Lot Size 0.360 Acres
Acres 0.36
Lot Dimensions 82x190
Property Sub-Type Multi-Family 5+
Source Stellar MLS
Property Description
5651 SE 33rd Ct, Ocala, FL
Significant price adjustment reflecting current market conditions. This income-producing property is now offered at $85,999, creating an attractive entry point for investors seeking immediate cash flow and long-term upside in one of Central Florida's fastest-growing markets.
5651 SE 33rd Ct is part of a larger 9-property investment portfolio and presents an opportunity to acquire a tenant-occupied asset with established rental income already in place. Investors can benefit from immediate cash flow while maintaining flexibility to enhance value over time at their discretion.
This property provides workforce housing in a market experiencing strong population growth, expanding logistics infrastructure, and continued economic diversification. Rental demand in this corridor remains resilient due to job creation, in-migration from higher-cost states, and continued investment throughout Marion County.
Seller has adjusted pricing across the portfolio to align with current market conditions and create compelling value opportunities for investors seeking cash flow, land ownership, and future appreciation potential.
Ocala's expansion continues to be supported by significant corporate investment. Major national operators such as FedEx and AutoZone have developed warehouse and distribution facilities in the area, reinforcing employment stability and long-term housing demand. Additionally, the internationally recognized World Equestrian Center—the largest equestrian complex in the United States—drives year-round tourism, hospitality growth, and seasonal residency, further supporting rental demand across the region.
Strategic Central Florida Location:
• Approx. 75 miles (±1 hr 15 min) to Orlando International Airport
• Approx. 1 hr 20 min to Daytona Beach (Atlantic Coast)
• Approx. 1 hr 30 min to Clearwater Beach (Gulf Coast)
• Convenient access to I-75 connecting Tampa, Orlando, and North Florida
This central positioning enhances tenant appeal while strengthening long-term land value fundamentals.
Investment Highlights:
• Newly adjusted price reflecting current market conditions
• Tenant-occupied with income in place
• Opportunity to purchase individually or alongside additional portfolio assets
• Attractive hold-and-enhance or long-term land-bank strategy
• Potential for future rent optimization or repositioning (buyer to verify zoning and land-use possibilities)
As Marion County continues to attract industrial, logistics, and tourism-related growth, income-producing properties with occupancy in place remain in demand. This offering allows an investor to capture present income while maintaining flexibility for future appreciation and strategic growth.
Now offered at $85,999, this property represents one of the most accessible investment opportunities within the portfolio. Serious investors should evaluate this newly adjusted pricing opportunity promptly.
REF: TB8478180, TB8478451
Location
State FL
County Marion
Community Florida Orange Grove Corp
Area 34480 - Ocala
Zoning R4
Interior
Interior Features Ceiling Fans(s)
Heating Electric
Cooling Mini-Split Unit(s)
Fireplace false
Laundry Other
Exterior
Exterior Feature Fence
Utilities Available Electricity Connected
Roof Type Metal,Other
Garage false
Private Pool No
Building
Foundation Pillar/Post/Pier
Lot Size Range 1/4 to less than 1/2
Sewer Septic Tank
Water Well
Structure Type Metal Siding,Other
New Construction false
Others
Pets Allowed Cats OK, Dogs OK
Senior Community No
Ownership Co-op
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
Schools and Properties Nearby
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