Minneola, FL 34715,236 RIDGECREST LOOP
Minneola, FL 34715,236 RIDGECREST LOOP
Minneola, FL 34715,236 RIDGECREST LOOP
Minneola, FL 34715,236 RIDGECREST LOOP
Minneola, FL 34715,236 RIDGECREST LOOP
Minneola, FL 34715,236 RIDGECREST LOOP
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$390,000

$565,000

31.0%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

1,961 SqFt


SOLD DATE : 09/29/2022

Key Details

Sold Price $390,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,961 sqft

Price per Sqft $198

Subdivision Minneola Ridgecrest

MLS Listing ID G5054996

Sold Date 09/29/22

Construction Status Appraisal,Financing

HOA Y/N No

Originating Board Stellar MLS

Year Built 2002

Annual Tax Amount $2,817

Lot Size 10,890 Sqft

Acres 0.25

Lot Dimensions 79x139

Property Description

Build your investment portfolio as most high dollar items have been recently replaced.. BRAND NEW ROOF AS OF JANUARY 2022. New septic system as of October 2021. New front lawn sod and irrigation system as of April 2022. This worry-free investment is located in the rapidly growing highly sought after City of Minneola. Literally just a few minutes from the following: Shopping, Dining, Breweries, Schools, Banks, Splash Pad, Beach, Lake, Basketball Court, Playground, Walking Trail, Boat Ramp, and Waterfront Park which hosts a variety of events throughout the year. It's like having amenities of an expensive HOA, but without the fees. Additionally, with the newly built turnpike exit in Minneola, commuting won't be an issue! One unit is currently being leased until July 2022 and the other until September 2022. With the market value rents being $1,900-2,100 for each unit. This brings the potential total gross income to $3,800-4,200/month, or $45,600- 50,400/year. Whether your exit plan is to hold for a few years, then sell, or make this a long term investment. This income producing property in a PRIME location is sure to meet your investment needs. With very few income properties on the market, and very few properties available in the area, NOW is the time to jump on this opportunity and claim your piece of the pie! Call today to set up your private showing. Do not disturb tenants! Showings by Appointment ONLY!

Location

State FL

County Lake

Community Minneola Ridgecrest

Zoning RMF-1

Interior

Interior Features Ceiling Fans(s), Living Room/Dining Room Combo

Heating Central

Cooling Central Air

Fireplace false

Exterior

Exterior Feature Other

Garage Spaces 2.0

Utilities Available Electricity Available, Public, Water Available

Roof Type Shingle

Attached Garage true

Garage true

Private Pool No

Building

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Sewer Septic Tank

Water Public

Structure Type Block

New Construction false

Construction Status Appraisal,Financing

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, VA Loan

Listing Terms Cash, Conventional, VA Loan

Special Listing Condition None

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Stellar MLS
Listed by OPTIMA ONE REALTY, INC.
Bought with OPTIMA ONE REALTY, INC.
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