Waterfront
Address
Not Disclosed Dade City, FL
Price
$ 739,000
Property Attributes
  • MLS#E2400113
  • TypeIncome
  • CountyPASCO
  • CityDade City
  • AreaDade City-Ridge Manor
  • Zip33523
  • StyleQuadruplex
  • Year Built1965
  • Taxes2974
  • Price$ 739,000
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage4352
  • Lot Size2.97 Acres
Listing Provided Courtesy Of:
ELITE BROKERS, LLC
Property Description

THE POSSIBILITIES ARE ENDLESS!!! Own this beautiful 4 unit apartment complex with 8 bedrooms on Lake Iola. These apartments would make great vacation rentals or short term rental units. Property has been well maintained for 20+ years with the current owners. All apartments are super clean with newer carpets, laminate flooring and appliances. Front units have a screen enclosure and screen/vinyl window enclosed porch on the rear units. The owners former unit features a large open kitchen with plenty of cabinets, large rectangle living room and plenty of closet space all done in earth tones. There is a huge detached two car/two story garage with a Rec room having a partial kitchen & full bathroom. This space can be turned into a managers office, banquet room, game room etc. The owner has also added an extra large partially covered concrete entertaining area with railing overlooking the lake, fire pit and barbecue. Property also has a Laundry room and work/storage shed in the back. Lake Iola is a private lake and is one of three ski-able lakes in Pasco county. Imagine coming home and being able to walk out your front door ready to ski, fish, kayak, paddle board, swim or just relax in your lounge chair soaking up the sun. Then in the evening enjoy a cocktail in the Jacuzzi and watch the colorful sky as the sun sets on the lake. All this, while your tenants pay your mortgage for you.

Price History
5/8/2018 Listed $860,000
10/4/2018 5% - $820,000
2/8/2019 3% - $799,900
4/8/2019 1% - $798,900
4/8/2019 2% - $789,900
8/21/2019 7% - $739,000

General Features

Flooring Carpet, Ceramic Tile
Garage Y/N Yes
Homestead Yes
Levels Two
MLS Area 33523 - Dade City/Ridge Manor
Pets Allowed Yes
Property SubType Quadruplex
Property Type Residential Income
Special Listing Conditions None
Status Active
Terms Cash, Conventional
Total Num Buildings 3
Total Units 4
Township 24
Water Body Name LAKE IOLA
Year Built 1965
Zoning C2

Interior Features

Additional Rooms Florida Room
Appliances Dishwasher, Range, Range Hood, Refrigerator
Cooling Central Air
Heating Central
Interior Features Ceiling Fans(s), Walk-In Closet(s)
Laundry Features Laundry Room
Living Area 4352.00
Unit Count 4
Utilities Electricity Connected, Street Lights

Exterior Features

Building Area Total 6312.00
Construction Materials Block
Exterior Features Balcony, Fenced, Lighting, Sidewalk, Storage
Garage Spaces 2
Lot Dimensions 1285x113
Lot Features Gentle Sloping, In County
Lot Size Acres 2.97
Lot Size Square Feet 129500
Other Structures Guest House, Shed(s), Storage, Workshop
Parking Features Boat
Patio/Porch Features Covered, Deck, Front Porch, Patio, Porch, Rear Porch, Screened
Roof Membrane
Sewer Septic Tank
View Water
Water Access Type Lake
Water Access Y/N Yes
Water Extras Boat Ramp - Private, Dock - Wood, Skiing Allowed
Water Extras Yn Yes
Water Frontage Feet Lake 113
Water View Lake
Water View Y/N Yes
Waterfront Features Lake
Waterfront Feet Total 113
Waterfront Y/N Yes

Amenities

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

Property vs Zip Code Average in 33523

Price
AVG $620K
$740K
Taxes
AVG $1,690
$2,974
Visits
AVG 563
780
Year Built
AVG 1968
1965

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