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241 E SEMINOLE AVENUE

Multi-family Recently Sold
$750,000

BTC: 10.74323874

ETH: 305.80416301

Sold on: 2023-07-03
22 days
10 bds
7,865 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

GREAT OPPORTUNITY TO PURCHASE a value-add Apartment Complex in one of the fastest growing markets in the heart of Central Florida. The GRAND FLORIDIAN apartment complex houses 10 units with desirable layouts and are of comfortable sizes. The apartments offer original hardwood flooring, with a living room, dining room, kitchen, bedroom and full bathroom. The property has laundry facilities and its own private parking lot. The convenience of this in-town location is suitable for walking or biking on quiet streets and numerous sidewalks that lead to city parks, lakes and sports fields. It’s an enjoyable location to Historic Downtown Lake Wales, library, restaurants and shops. This is a grand investment property to consider adding to your monetary portfolio with continual long-term rent income or to consider a different avenue as, Vacation Rental Operator for winter residents and/or short-term destination retreat. Seller will entertain a combined purchase with 21-unit complex just minutes away at the Court of Seven Chimneys on Park Avenue. (No seller financing no assumable mortgage)

Location

Facts and features

Type:
Residential Income
Parking:
Driveway / Guest / Open / Oversized
Year Built:
1930
Lot:
0.37 Acres
Heating:
Wall Units / Window Unit
Price/sqft:
$114
Cooling:
Wall/Window Unit(s)
HOA:
No Data
All facts and features
  • Flooring

    • Laminate

    • Hardwood

    Heating

    • Wall Units / Window Unit

    Cooling

    • Wall/Window Unit(s)

    Appliances

    • Electric Water Heater

    • Range

    • Range Hood

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    • Solid Wood Cabinets

    Bedrooms and bathrooms

    • Bedrooms: 10

  • Parking

    • Driveway

    • Guest

    • Open

    • Oversized

    Property

    • Exterior Features: Lighting / Sidewalk

    Lot

    • Lot: 0.37 Acres

    Other Property Information

    • Parcel Number: 273002909610010040

    • Zoning: R-3

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Multi Family

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Electricity Connected

    • Public

    • Sewer Connected

    • Street Lights

    • Water Connected

  • Other financial information

    • Annual tax amount: $9,730

  • Source details

    • MLS ID: K4902068

    Other facts

    • Construction Materials: Concrete / Stucco

    • Foundation Details: Crawlspace

    • Laundry Features: Outside

    • Lot Features: Corner Lot / City Lot / Level / Near Public Transit / Oversized Lot / Sidewalk

    • Patio And Porch Features: Covered

    • Living Area: 7865

    • Water Source: Public

    • Lot Size Dimensions: 132 x 121

    • Subdivision Name: ALTA VISTA

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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 ©2024-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: 1513 REALTY LLC