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5010, 5040, 5080, & 5120 S BARKER POINT

Commercial For Sale
$650,000

BTC: 7.68139920

ETH: 245.28301887

48 days
0 room(s)
3,880 sqft

Overview

5010, 5040, 5080 & 5120 S Barker Point in rapidly growing Citrus County, FL presents a compelling multifamily investment opportunity.? Offered at $650,000, this attractive 4-unit portfolio (five property parcels total including the well site) delivers a strong 9.78% cap rate with 100% occupancy and NOI of $63,555.? Situated on approximately 2.29 acres, the property consists of four adjacent, renovated 3-bedroom, 2-bath homes totaling 3,880 square feet.? Each residence features a durable steel roof, fenced half-acre-plus parcels, and recent updates that support tenant appeal and operational ease.? Located in an X flood zone, this income-producing asset offers investors both stability and upside through a well-maintained, fully leased portfolio.? The property is conveniently positioned just 10–15 minutes from shopping, medical offices, parks, and the Suncoast Parkway, enhancing accessibility for tenants and supporting long-term occupancy.? This is an ideal opportunity to acquire a truly turnkey residential income property with immediate cash flow in the desirable Lecanto submarket.?

Location

Details

Type:
Commercial Sale
Parking:
Over 30 Spaces
Year Built:
1982
Lot:
2.29 Acres
Heating:
No Data
Price/sqft:
$168
Cooling:
Central Air / Mini-Split Unit(s) / Wall/Window Unit(s)
HOA:
No Data

Highlights

Annual tax
$4,775
2025
All facts and features
  • Cooling

    • Central Air

    • Mini-Split Unit(s)

    • Wall/Window Unit(s)

  • Parking

    • Over 30 Spaces

    Property

    • Levels: One

    Lot

    • Lot: 2.29 Acres

    Other Property Information

    • Parcel Number: 18E19S280020000C0013E

    • Zoning: RURMH

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Multi Family (5+)

  • Other financial information

    • Annual tax amount: $4,776

  • Source details

    • MLS ID: OM730607

    Other facts

    • Construction Materials: Metal Siding / Wood Frame

    • Foundation Details: Pillar/Post/Pier

    • Lot Features: Oversized Lot

    • Direction Faces: East

    • Other Structures: Other / Storage

    • Living Area: 3880

    • Water Source: Well

    • Lot Size Dimensions: 149 x 163

    • Subdivision Name: LEISURE ACRES UNIT 02

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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: KELLER WILLIAMS REALTY - ELITE PARTNERS II