$59,000
$69,900
15.6%For more information regarding the value of a property, please contact us for a free consultation.
10,018 Sqft Lot
SOLD DATE : 09/26/2024
Key Details
Sold Price $59,000
Property Type Vacant Land
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Citrus Spgs Unit 01
MLS Listing ID O6233014
Sold Date 09/26/24
HOA Y/N No
Originating Board Stellar MLS
Annual Tax Amount $571
Lot Size 10,018 Sqft
Acres 0.23
Lot Dimensions 80X125
Property Description
Multifamily Zoning: Perfect for constructing a duplex, this lot offers exceptional investment potential. Ideal for generating rental income or accommodating multiple families.
Gentle Topography: The lot is level with the street, simplifying the construction process and reducing overall costs.
Water Connection: Convenient access to water connections, ensuring an easy setup for your building project.
Well-Developed Area: Located in a thriving neighborhood with established infrastructure and amenities.
Investment Advantages:
Dual-Unit Opportunity: Building a duplex allows for multiple rental streams or the option to live in one unit while renting out the other, maximizing your return on investment.
High Demand: Multifamily properties often have strong rental demand, providing stable and potentially higher rental income compared to single-family homes.
Future Appreciation: Investing in multifamily properties in a growing area like Citrus Springs can lead to significant long-term appreciation and increased property value.
Community Amenities:
No HOA Fees: Enjoy the freedom to design and manage your property without restrictive rules or additional costs.
Recreational Facilities: Nearby tennis courts, playgrounds, and a golf course support an active lifestyle.
Accessibility and Location:
Major Highways: Quick access via US-41 and FL-40, making it easy to reach surrounding areas.
Urban Centers: Close proximity to Tampa, Orlando, beaches, and natural parks for a variety of entertainment and leisure options.
Distances to Tourist Attractions:
Gulf of Mexico Beaches: Just an hour’s drive to stunning beaches, perfect for weekend getaways.
Rainbow Springs State Park: Only 20 minutes away, offering beautiful natural springs and outdoor adventures.
Seize this unique opportunity to own a prime piece of multifamily real estate in Citrus Springs! Benefit from the flexibility of a duplex investment, enjoying both immediate rental income and long-term property appreciation.
Location
State FL
County Citrus
Community Citrus Spgs Unit 01
Zoning PDR
Exterior
Utilities Available Water Available
Building
Lot Size Range 0 to less than 1/4
Sewer Septic Needed
Water Public
Others
Ownership Fee Simple
Special Listing Condition None
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Bought with EXP REALTY LLC
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