**Investor Alert, RARE GEM!** It's time to quit your day job! This cash cow is fully occupied, renovated, and turn-key ready! Generating an average gross turn-key income of $4,583 per month!!** That's an annual yield of 11.58%! This property has a 12-month LEASE in place with each tenant and has current property management in place. All YOU have to do is collect a check each month. All of the units have individual meter boxes and individual service panels already in place! Located right off popular Hwy 50, near lots of shopping, restaurants, and the CIVIC Center, AND only about 40 min away from Disney World and even closer to Clermont! Move fast as this ideal investment property will not last long!
Sold for $420,000
$420,000
53 Bluff Lake Rd, Mascotte, FL 34753
10beds
5baths
4,764sqft
Multi Family
Built in 1979
-- sqft lot
$522,400 Zestimate®
$88/sqft
$1,599 Estimated rent
Home value
$522,400
$470,000 - $585,000
$1,599/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: December 15, 2023 at 02:02pm
Listing Provided by:
David Sandow 863-409-7529,
ALL COUNTY POLK PROPERTY MANAG 863-510-5965,
Timothy Trimbath 863-944-1519,
ALL COUNTY POLK PROPERTY MANAG
Bought with:
David Sandow, 3579667
ALL COUNTY POLK PROPERTY MANAG
Timothy Trimbath, 3300848
ALL COUNTY POLK PROPERTY MANAG
Source: Stellar MLS,MLS#: L4939743
Originating MLS: Lakeland
Originating MLS: Lakeland
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 5
Heating
- Wall Units / Window Unit
Cooling
- Wall/Window Unit(s)
Features
- Ceiling Fan(s)
- Has fireplace: No
Interior area
- Total structure area: 5,460
- Total interior livable area: 4,764 sqft
Property
Features
- Exterior features: Lighting
Lot
- Size: 0.32 Acres
- Dimensions: 58 x 238
Details
- Parcel number: 142224000200003300
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Block, Stucco
- Foundation: Slab
- Roof: Metal
Condition
- New construction: No
- Year built: 1979
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Phone Available, Sewer Available, Sewer Connected, Water - Multiple Meters, Water Available, Water Connected
Community & neighborhood
Location
- Region: Mascotte
- Subdivision: ACREAGE & UNREC
HOA & financial
HOA
- Has HOA: No
Other fees
- Pet fee: $0 monthly
Other financial information
- Total actual rent: 0
Other
Other facts
- Ownership: Sole Proprietor
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 12/15/2023 | Sold | $420,000-11.6%$88/sqft |
Source:  Stellar MLS #L4939743 Report a problem | ||
| 9/29/2023 | Pending sale | $475,000$100/sqft |
Source: Stellar MLS #L4939743 Report a problem | ||
| 9/26/2023 | Listed for sale | $475,000+11.8%$100/sqft |
Source: Stellar MLS #L4939743 Report a problem | ||
| 7/7/2021 | Sold | $425,000+6.3%$89/sqft |
Source: Stellar MLS #L4917415 Report a problem | ||
| 10/7/2020 | Listing removed | $399,900$84/sqft |
Source: ALL COUNTY POLK PROPERTY MANAG #L4917415 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 34753
Nearby schools
GreatSchools rating
- 2/10Groveland Elementary SchoolGrades: PK-5Distance: 2.8 mi
- 4/10Gray Middle SchoolGrades: 6-8Distance: 2.2 mi
- 4/10South Lake High SchoolGrades: 9-12Distance: 4.1 mi
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Estimated market value
$522,400