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$ 139,000
Est. payment | /mo
0.56 Acres Lot
$ 139,000
Est. payment | /mo
0.56 Acres Lot
Key Details
Property Type Multi-Family, Multi Unit, Duplex/Multi Unit Lot
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID CC852253
HOA Y/N No
Annual Tax Amount $465
Lot Size 0.560 Acres
Acres 0.56
Property Sub-Type Multi Family
Source Citrus
Property Description
Attention investors and developers. The county allows up to 12 units, up to three stories, making this a highly attractive multifamily development opportunity. City water and sewer will be required.
Strong rental demand in the area. Average rents for 2-bedroom, 2-bath units are approximately $1,500 per month. At full capacity, 12 units could generate around $18,000 per month, or approximately $216,000 annually in gross rental income.
Excellent potential for cash flow and long-term appreciation in a growing market. Ideal project for investors seeking high-return multifamily development.
Strong rental demand in the area. Average rents for 2-bedroom, 2-bath units are approximately $1,500 per month. At full capacity, 12 units could generate around $18,000 per month, or approximately $216,000 annually in gross rental income.
Excellent potential for cash flow and long-term appreciation in a growing market. Ideal project for investors seeking high-return multifamily development.
Location
State FL
County Marion
Zoning PD
Exterior
View Y/N No
Water Access No
Attached Garage false
Garage false
Building
Lot Description Wooded
Lot Size Range 1/2 to less than 1
Sewer Public Sewer
Water Public
Others
Acceptable Financing Cash
Listing Terms Cash
© 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by Cristina Osorio Norena EXP REALTY LLC
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