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5723 E Harbor Drive - Shady Oak Resort, Fruitland Park, FL

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5723 E Harbor Drive - Shady Oak Resort

Fruitland Park, FL 34731-4911 - Lake County MF Submarket

Property Type:Multi-Family Number of Units:8 Status:Existing Year Built:1958
Stories:1 Building Size:6,000 SF Land Area:2.9 AC (126,324 SF)
For Sale Price:$699,000 Price/Unit:$87,375.00 Cap Rate:- GRM:-


Sale Notes:
Just reduced by $50,000. Owner says sell!

YOUR WATERFRONT PARADISE FOUND - INCOME PRODUCING PROPERTY/INVESTMENT ON THE HARRIS CHAIN OF LAKES!!! Thinking of retiring in Florida? This is perfect for you! Live in the main house and watch the maney roll in from the additional rental units on site! 8 Unit family compound on Lake Griffin with endless water views/access, great grandfather oaks draped in spanish moss, and some of the best freshwater fishing in Florida. Boat all the way to the Atlantic Ocean from here!!! Park like setting with approx 2.9 acres & has 310'+/- ft on the lake with 2 covered docks and numerous boat slips. All units are in impeccable turn-key condition, fully remodeled/furnished, and very tastefully decorated for that relaxed Old Florida feel. *BONUS*-There are 4 Duplex Lots for additional dwellings included in asking price! Property is an assemblage of 7 parcels total.

Morris Realty & Investments, Inc
Scott Strem
(352) 435-4663

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