$1,166,000 • living size area 4134 sqft
** prime investment opportunity – 8 units + portfolio option ** introducing a fully renovated 8-unit income-producing property located on a large corner lot in eagle lake. the property consists of 7 apartment units and 1 detached single-family home, offering versatile rental options for steady cash flow. built with a combination of concrete block and wood frame, this property underwent a complete renovation with a new roof in 2022, all new electrical, all new plumbing (cpvc & pex), luxury vinyl plank (lvp) flooring, new appliances, countertops, tankless 30-gallon water heaters, and fresh interior/exterior paint. every system and finish has been modernized to minimize maintenance and maximize return. this property has a proven rental history, leasing quickly due to its quality updates and prime location. investors will also appreciate the opportunity to purchase it as part of a larger portfolio consisting of three additional single-family homes, totaling 11 units across 4 parcels. with rents in eagle lake increasing over 300 p ercent in the last decade and the current average rent hovering around $2,000, this property presents a rare chance to secure a total $100,000 noi at a 6.25 cap rate for 11 units. other properties included in the optional portfolio: 52nd n 4th st (adjacent to subject property), 650 n 8th st, and 652 n jackson st. don’t miss this exceptional opportunity to expand or establish your rental portfolio in one of central florida’s fastest-growing rental markets.Multi Family - for Sale
19 W EAGLE, EAGLE LAKE, FL 33839Asking Price$1,166,000
- Living 4134sqft
- Lot size 13586sqft
- Taxes: Register to see
- Year Built 1932
-
Days on market:
62 day(s) Original Price:
$1,166,000-
Price per sqft:
$282.05 Tax Legal Description:
EAGLE LAKE PB 1 PG 12 TIER 4 BLK 4 LOT 3 S 50 FT & 4 LESS R/W FOR SR 555Tax Year:
2024-
MLS:
TB8424613 -
Property Type:
Multi Family -
Parking:
6 to 12 Spaces
Construction Type:
Wood FrameRoof:
ShingleCooling Description:
Mini-Split Unit(s)Floor Description:
Luxury VinylEquipment/Appliances:
DishwasherMicrowaveRefrigeratorDryerWasherSpecial Listing Conditions:
NoneLot Features:
Corner Lot