Address
11651 SE 71st Terrace ROAD, BELLEVIEW, FL
Price
$ 599,999
Property Attributes
  • MLS#OM669662
  • TypeCommercial
  • CountyMARION
  • CityBELLEVIEW
  • AreaBelleview
  • NeighborhoodLake Weir Gardens
  • Zip34420
  • StyleMulti Family
  • Year Built1979
  • Taxes$ 4287
  • Price$ 599,999
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3994
  • Lot Size0.36 Acres
Data Source:
Stellar MLS
Property Description

Great investment opportunity includes two rental properties being sold together. The first is a quadplex that has four 2-bedroom, 1-bath units, and the second parcel has an additional single stand-alone 2-bedroom, 1-bath unit (with garage) on the adjoining parcel for a total of 5 rental opportunities. Units #1 - #4 are rented at $715 ea. The single-family unit is rented at $850. The units are located on the south side of Belleview, not far from 441. New roof on both buildings in April of 2020. New AC systems in all units (March 2023) and two new water heaters in units 2 and 3 (October 2023). A new well pump was installed in 2023. The price is firm and both units are being sold together. Potential buyers are welcome to drive by the two parcels. Inside showing will only be scheduled after the property is under contract during the due diligence phase and proof of funds has been provided.

Price History
12/19/2023 Listed $599,999

General Features

Cooling Central Air
Zoning B1
Construction Materials Block
Year Built 1979
Levels One
Property SubType Multi Family
Tax Year 2023
Percent Ownership Corporation
County Marion
New Construction No
Property Type Commercial Sale
Subdivision Name LAKE WEIR GARDENS
Facing Direction Southwest
Status Active
Directions From US Hwy 441 in Belleview go West on SE Hwy 25A for 1/4 mile and turn right on SE 71st Terrace Road. The property is 300 ft on the left.
City BELLEVIEW
Buyer Agent Compensation 3%
MLS Area 34420 - Belleview
Lot Size Square Feet 15682
Waterfront Y/N No
Street Name 71st Terrace
Listing Terms Cash,Conventional
Tax Annual Amount 4287
Public Remarks Great investment opportunity includes two rental properties being sold together. The first is a quadplex that has four 2-bedroom,1-bath units,and the second parcel has an additional single stand-alon
Days on Market 105
Standard Status Active
Tax Lot 6
Legal Description SEC 32 TWP 16 RGE 23 PLAT BOOK H PAGE 068 LAKE WEIR GARDENS BLK 7 S 1/2 OF LOT 6
Water Access Y/N No
Water View Y/N No

Interior Features

Air Conditioning Y/N Yes
Street Suffix ROAD
LivingAreaSource Public Records
Living Area Units Square Feet

Exterior Features

Lot Size Area 15682
Foundation Details Slab
Number of Buildings 2
Building Area Total 3994
Lot Size Acres 0.36
Road Surface Type Paved
Lot Size Units Square Feet
Road Frontage Type City Street

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 34420

Price
AVG $940K
$600K
Taxes
AVG $4,508
$4,287
Visits
AVG 270
223
Data Provided by Inside Real Estate®
Year Built
AVG 1978
1979

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