UPDATED:
11/03/2024 05:31 AM
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Pending
Purchase Type For Sale
Square Footage 759 sqft
Price per Sqft $78
Subdivision Smith Lake Village
MLS Listing ID G5085260
Bedrooms 1
Full Baths 1
HOA Y/N No
Originating Board Stellar MLS
Year Built 1966
Annual Tax Amount $754
Lot Size 0.290 Acres
Acres 0.29
Lot Dimensions 100x125
Property Description
This charming 1-bedroom, 1-bathroom property in Belleview, FL, offers an excellent investment opportunity with a current tenant in place paying $650 per month, providing an attractive 11% cap rate! The home features a good-sized porch, perfect for relaxing outdoors, and includes a convenient storage space. The well-maintained property ensures low maintenance costs, making it an ideal choice for investors looking for a hassle-free addition to their portfolio. Located in a desirable area, this property combines affordability with strong rental income, offering a steady cash flow and great potential for long-term growth. Don’t miss out on this fantastic investment!
**Key Features:**
- 1 Bedroom / 1 Bathroom
- Good-Sized Porch
- Additional Storage Space
- Tenant in Place ($650/month)
- 11% Cap Rate
- Low Maintenance
- Ideal Location in Belleview, FL
**Contact us today to schedule a viewing or for more information!**
Location
State FL
County Marion
Community Smith Lake Village
Zoning R4
Interior
Interior Features Ceiling Fans(s)
Heating Central, Electric
Cooling Central Air
Flooring Carpet, Ceramic Tile, Laminate
Fireplace false
Appliance Electric Water Heater, Range, Range Hood, Refrigerator
Laundry None
Exterior
Exterior Feature Private Mailbox
Utilities Available BB/HS Internet Available, Electricity Connected
Roof Type Roof Over
Garage false
Private Pool No
Building
Story 1
Entry Level One
Foundation Crawlspace
Lot Size Range 1/4 to less than 1/2
Sewer Septic Tank
Water Well
Structure Type Other
New Construction false
Schools
Elementary Schools Emerald Shores Elem. School
Middle Schools Lake Weir Middle School
High Schools Lake Weir High School
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
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