Under contract-accepting backup offers. 4-unit apartment complex situated on scenic Red Beach lakefront property. The building consists of concrete block construction with previous 2/1 home coupled with additional adjacent 3 units currently all being rented month to month. Property is well-maintained with a new septic system for front two units. All units could be updated to achieve upside potential lakefront rental rates. Alternatively to renting/ come live in your own park like setting with majestic oaks on Red Beach Lake while renting out the 3 adjacent units with tenants paying for your investment & providing potential profit $ returns! This property is currently leased. Please Do Not Disturb the Tenants!
MLS# | L4949442 |
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Listing Type | For Sale |
Style | Mixed Use |
Sub-Type | For-sale |
Status | Pending |
Year | 1950 |
Days On Site | 32 |
Listing Provided By | ADVANTAGE REALTY 1 | Gregory Karlson |
SQ Feet | 3,212 |
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Story(s) | 1 |
Zoning | B2 |
Acreage | 0.54 |
State | FL |
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County | Highlands |
City | SEBRING |
Zip Code | 33876 |
Area | 33876 Sebring |
Community Name | DESOTO CITY TOWN OF SEC 22 |
Listing VS Median (in DESOTO CITY TOWN OF SEC 22) | |
Price: $449,900 low | high Med: $449,900 SqFt: 3,212 low | high Med: 3,212 $ / SqFt: $140 low | high Med: $140 On Site: 32 low | high Med: 32.000000 |