1210 State Road 17 - Apartments FOR SALE


Dundee, FL 33838
$849,500 USD
407-463-6952
1210 State Road 17, Dundee, FL for Sale
$849,500 USD
Apartments - FOR SALE
1/4
null | Request Cap Rate

1210 State Road 17
Dundee, FL 33838


OVERVIEW

Rare waterfront multifamily investment opportunity in Dundee, Florida. Located along Scenic Highway, this 9-unit property sits on just over one acre with beautiful waterfront views and strong income potential. Utilities are currently paid by ownership and include two electric meters, one water meter, and one gas meter, with the ability to add up to seven additional electric meters, creating significant potential to increase value by separately metering units in the future. The spacious parcel and desirable waterfront setting add long-term appeal for both tenants and investors. Located in a convenient Central Florida location with easy access to surrounding communities, this property presents a compelling opportunity to expand or enhance an existing multifamily portfolio. Seller financing available with approximately 25% down, offering additional flexibility for qualified buyers.

FOR SALE DETAILS

PRICE

$849,500 USD

PRICE/SF

$193 USD /SF

# OF UNITS

9

PRICE/UNIT

$94,389

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lake Josephine Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1947

PARKING SPACES

14

LAND DETAILS

LAND ACRES

1.32 AC

LAND SF

57,499 SF

ZONING

RES

APN/PARCEL ID

27-28-27-835520-000054

ASK ABOUT THIS PROPERTY

Brent MorseCENTURY 21 Myers RealtyMore Info
407-463-6952

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Brent MorseCENTURY 21 Myers RealtyMore Info
407-463-6952

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.