$520,000
$499,900
4.0%For more information regarding the value of a property, please contact us for a free consultation.
1086 HIBISCUS CT Tavares, FL 32778
8,216 SqFt
Key Details
Sold Price $520,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 8,216 sqft
Price per Sqft $63
Subdivision Tavares Camps
MLS Listing ID G5040851
Sold Date 05/13/21
Construction Status No Contingency
HOA Y/N No
Year Built 1965
Annual Tax Amount $6,431
Lot Size 1.110 Acres
Acres 1.11
Lot Dimensions 401x160x455x160
Property Description
A GREAT OPPORTUNITY IN THE CITY OF TAVARES! 14 UNIT CONCRETE BLOCK RENTAL COMPLEX. THERE ARE 4 DUPLEXES AND ONE 6 PLEX. ALL UNITS ARE 2 BEDROOM, 1 BATH WITH CITY WATER & SEWER. PROFESSIONALLY MANAGED WITH A GROSS MONTHLY INCOME OF $7,990. LOCATED IN A GROWING AREA OF NEW SINGLE FAMILY RESIDENTIAL DEVELOPMENT RIGHT NEXT DOOR AND ACROSS THE STREET. MAKING THIS A GREAT REHAB INVESTMENT TO INCREASE YOUR NET RETURN. LOCATED CLOSE TO SUMMERALL PARK AND DOWNTOWN TAVARES, THE SEAPLANE CITY.
Location
State FL
County Lake
Community Tavares Camps
Zoning RMF-3
Interior
Heating Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Flooring Ceramic Tile
Fireplace false
Appliance Electric Water Heater, Range, Refrigerator
Exterior
Exterior Feature Other
Utilities Available BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Water Available
Waterfront false
Roof Type Built-Up
Garage false
Private Pool No
Building
Lot Description City Limits, Near Marina, Near Public Transit, Oversized Lot, Paved
Entry Level One
Foundation Crawlspace
Lot Size Range 1 to less than 2
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Construction Status No Contingency
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with ERA GRIZZARD REAL ESTATE