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0000 NE 55TH AVE & NE 35TH Street

Silver Springs, FL 34488
  • $499,500
  • STATUS: Active
  • ON SITE: 75 Days
  • MLS #: OM629709
UPDATED: 32 min ago
$499,500
  • 0
    BEDS
  • 0.31
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,100
    SQFT
  • $238
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2022
County:

School Information

Elementary School:
Middle School:
High School:

Description

Pre-Construction. To be built. Investment opportunity!!! Projected Cap Rate of 6.5%! Quadraplex with each unit having 1 bedroom 1 bathroom. There are 2 quads available. They can be purchased together or individually. Pictures are renderings and for marketing purposes. Quads are part of the Community Redevelopment Act and as such will adhere to the Florida Vernacular Style. Expected rent is $900 a door. Projected rental proforma is an estimate and it is recommended that the buyer does their own due diligence. Projected rental proforma is as follows: Monthly rental for 1 Quad - $3,600. Expenses - $880. Simple Annual NOI $32,640.

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© 2022 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2022-01-16T16:40:35.583.
www.burwellrealtors.com/homes/122939670
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0000 NE 55TH AVE & NE 35TH Street Silver Springs, FL 34488

  • Price: $499,500
  • Status: Active
  • On Site: 75 Days
  • Updated: 32 min ago
  • MLS #: OM629709
0
Beds
0
Baths
0
½ Baths
0.31
Acres
2,100
SQFT
$238
$/SQFT
2022
Built
Neighborhood:
Oaklawn
County:
Marion
Area:
Silver Springs
Elementary School:
Ocala Springs Elem. School
Middle School:
Fort King Middle School
High School:
Vanguard High School
Property Description
Pre-Construction. To be built. Investment opportunity!!! Projected Cap Rate of 6.5%! Quadraplex with each unit having 1 bedroom 1 bathroom. There are 2 quads available. They can be purchased together or individually. Pictures are renderings and for marketing purposes. Quads are part of the Community Redevelopment Act and as such will adhere to the Florida Vernacular Style. Expected rent is $900 a door. Projected rental proforma is an estimate and it is recommended that the buyer does their own due diligence. Projected rental proforma is as follows: Monthly rental for 1 Quad - $3,600. Expenses - $880. Simple Annual NOI $32,640.
Exterior Features

Carport Yn No Construction Materials Block Covered Spaces 0 Exterior Features Other Foundation Details Slab Open Parking YN No Pool Private Yn No Road Surface Type Asphalt Roof Metal Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Appliances DishwasherDisposalDryerMicrowaveRangeRefrigeratorWasher Cooling Central Air Cooling YN Yes Fireplace Yn No Flooring TileVinyl Heating Central Heating YN Yes Interior Features Ceiling Fans(S)Other Laundry Features Inside Levels One Sewer Public Sewer Water Source Public

Property Features

Annual Expenses 10560 Annual Net Income 32640 Association Approval Required Yn No Association Yn No Cdd Yn No DPR No Est Annual Market Income 43200 Flood Zone Code X Garage Yn No Homestead Yn No Lease Considered YN Yes Lease Restrictions YN No Lease Term 12 Months Minimum Lease No Minimum New Construction Yn Yes Ownership Fee Simple Projected Completion Date 3/31/2022 4:00:00 AM Property Condition Pre-Construction Property Sub Type Quadruplex Required Remarks Pre-Construction. To Be Built. Senior Community Yn No Special Listing Conditions None Tax Annual Amount 294.75 Total Annual Fees 0 Total Monthly Fees 0 Utilities Cable ConnectedElectricity ConnectedSewer ConnectedWater Connected Yrs Of Owner Prior To Leasing Re No Zoning R3


Listing information © 2022 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of Sellstate Next Generation Real.



© 2022 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2022-01-16T16:40:35.583.
 
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