Address: 129 NE Coach Anders Ln Lake City, FL 32055
County: Columbia County
Parcel ID: 00-00-00-11229-000
Building size: 864 sqft
Land size: 0.53 acre
Zoning: CI
Layout: 1 SFR
Sewer: Connected
Water: City Water. Connected
Electric: Connected
Road Access: Yes
Flood Zone: No
Wetlands: No
Opportunity zone: True
Existing single-family home may remain residential.
Once converted to commercial use, it cannot revert to residential.
Commercial options:
- Convert the home into office/business space, or
- Demolish and build a commercial building.
Any commercial project must comply with Florida Building Code and City requirements.
Residential Renovations:
Interior and exterior renovations are permitted.
No expansion of the existing building footprint or square footage is allowed.
Investment Highlights
Rent Info:
Potential Gross Rent: $1,180/month
Potential NOI: $12,162
Asking price: $64,000 with OWNER FINANCING option
Down Payment: $24,000 (due at closing)
Note: $40,000
Payments to Seller: $4,000/month
Amortization period: 10 months
To be paid in ten consecutive monthly principal-only payments of $4,000 each, with no interest.
Showing property visits by appointment only.
Call\ Text to schedule
Disclaimer: Acre Expert LLC is a team of real estate developers and investors. We buy, sell, and hold properties for investment purposes.
We are not licensed real estate brokers. This property is being marketed based on our equitable interest via an assignable contract or as the property owner.
All Information provided is preliminary and subject to change. Acre Expert LLC makes no guarantees regarding accuracy, lease terms, or financials. The buyer must conduct independent due diligence and verify all details.