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1909 PRINGLE COVE UNIT 1909 & 1913

Multi-family Recently Sold
$395,000

BTC: 6.58333333

ETH: 226.23138603

Sold on: 2021-08-13
7 days
0 room(s)
2,386 sqft

Overview

Amazing income-producing property! Spacious duplex totaling 2,386 sqft sits on a quiet cul-de-sac in highly desirable Seminole County. Both sides completely remodeled in 2016. Each unit boasts granite countertops, stainless steel appliances, new cherrywood cabinets, bathroom fixtures, large windows, and tasteful tile throughout. Roof new in 2016. Fence and AC new in 2019. The property appraiser’s website is out of date since the remodel. The 1909 side (left unit) features 2 bedrooms/1 bath, with an additional storage room, 1-car garage, and separate laundry room which leads out to a privately fenced backyard. The 1913 side (right unit) is 3/2.5 with a split floor plan, 2 bedrooms and a full bath upstairs, and a master bedroom with an en suite full bathroom downstairs. Additional half-bath for guests in the front hall. This unit also showcases a separate laundry room, eat-in kitchen, matching blinds throughout, and a spacious living/dining room area leading out to a second, privately fenced backyard. Plenty of parking space. Both sides currently leased with excellent long-term tenants. 1909 unit leased through August 2022. 1913 unit lease will be up 30 September 2021, and tenants desire to renew the lease. Zero vacancies or late payments in 3 years of current ownership. No HOA fees. Well and septic. This must-see property is convenient to both Lake Mary and Longwood and situated less than 1 mile from Lake Mary High School and the Lake Mary YMCA. Units currently gross $30,240 annually with potential to produce much more. A rare turnkey investment property, priced to sell as is.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1980
Lot:
0.27 Acres
Heating:
Central
Price/sqft:
$161
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$414,900
$356K – $577K
Confidence Low
List vs. estimate
$29K below estimate
List $385,000 · -7.2%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$161
-34.8% vs. city median $247
Based on
13 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$3,354
2020
Garage
1 car garage
All facts and features
  • Flooring

    • Ceramic Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Range

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    • Primary Bedroom Main Floor

    • Vaulted Ceiling(s)

  • Property

    • Exterior Features: Fenced / Sliding Doors

    Lot

    • Lot: 0.27 Acres

    Other Property Information

    • Parcel Number: 2020305030A00004A

    • Zoning: R-2

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • BB/HS Internet Available

    • Electricity Connected

    • Phone Available

  • Other financial information

    • Annual tax amount: $3,354

  • Source details

    • MLS ID: O5955714

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Slab

    • Laundry Features: Inside

    • Garage Spaces: 1

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 2386

    • Water Source: Well

    • Lot Size Dimensions: 113 x 103

    • Subdivision Name: OAK ARBOR

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: FAVORITE BROKER REAL ESTATE