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Gelfand Realty Miami Properties - Multi Family

420 S PALMETTO, LEESBURG, FL 34748

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Multi Family - LEESBURG KNOTTS

420 S PALMETTO, LEESBURG, FL 34748

Sold Price$525,000 Asking Price$580,000

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  • Days on market:

    276 day(s)
  • Original Price:

    $650,000
  • Price per sqft:

    $116.19
  • Tax Legal Description:

    LEESBURG, KNOTT'S SUB FROM SW COR OF LOT 59 RUN N ALONG W LINE OF SAID LOT 59 A DIST OF 17 FT TO A POINT ON N R/W LINE OF DOZIER AVE & PT A, THENCE RUN N ALONG W LINE OF SAID LOT 59 A DIST OF 10 FT FOR POB, RUN SE'LY ALONG A STRAIGHT LINE TO A POINT ON N LINE OF SAID DOZIER AVE THAT IS 10 FT E OF PT A, CONT E ALONG N R/W LINE 49 FT, N 165 FT, W 59 FT TO E LINE OF PALMETTO ST, S ALONG E LINE OF PALMETTO ST A DIST OF 155 FT TO POB, BEING PART OF LOTS 52, 55, 56, 59 PB 1 PG 74 ORB 4868 PGS 1176 117 9
  • Tax Year:

    2017
  • Property Type:

    Multi Family
  • Construction Type:

    Block
  • Cooling Description:

    Central Air
  • Heating Description:

    Central
  • Floor Description:

    CarpetCeramic Tile
  • Exterior Features:

    Other
  • Special Listing Conditions:

    None

Description

$580,000 • living size area 4992 sqft

Gardenview apartments is a 100% occupied,two-story, 7 unit building constructed in 1965.the building is a total of 4,992 square feet on a 0.22 acre parcel. the building contains (6) 1 bed/1 bath apartment units (650 sf) and (1) 2 bed/ 2bath apartment (1050 sf). the construction type is concrete block. each unit has central ac, with a mix of tile, vinyl and carpet flooring.gardenview is within walking distance of bustling downtown leesburg, beacon college, leesburg regional medical center, venetian gardens park,bus lines and many other amenities.recent upgrades: new exterior paint, new bathroom & kitchen in unit 7, new kitchen cabinets in unit 3 and plumbing/electrical upgrades throughout the property. * significantly below market rent and allowable section 8 rents provides opportunity for upside.

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