David Shippey
863.521.4517

12120 SE 53rd Terrace Road UNIT All Units Belleview Florida | Home for Sale

To schedule a showing of 12120 SE 53rd Terrace Road UNIT All Units, Belleview, Florida, Call David Shippey at 863-521-4517 TODAY!

$1,950,000 | 27 beds | N/A full baths | N/A half baths | 11,898 sqft

$1,950,000 Reduced -$75,000
12120 SE 53rd Terrace Road UNIT All Units
Belleview, FL 34420
  • 27Beds
  • 15.00Total Baths
  • 0 Full, 0 HalfBaths
  • 11,898SqFt
  • 1984Year Built
  • 1.87Acres
  • MLS# OM660307
  • Income
  • MultiFamily
  • Active

  • Approx Time on Market1 year, 5 days
  • Area34420 - Belleview
  • CountyMarion
  • SubdivisionN/a

Overview

Investment opportunity to acquire 15 units (6 duplexes and 1 triplex) on one parcel, in the strong rental market of Belleview FL, in southern Marion County. The unit mix consists of 12 2/1's, and 3 1/1's. Located between Ocala, and the Villages, Belleview has become an emerging rental market for its proximity to one of the fastest growing developments in the Country, The Villages ""Florida's Friendliest Hometown"". This is a value-add opportunity with current rents well below market.



Agriculture / Farm

Grazing Permits Blm:  ,No,

Grazing Permits Forest Service:  ,No,

Grazing Permits Private:  ,No,

Horse:  No

Association Fees / Info

Senior Community:  No

Association:  ,No,

Bathroom Info

Total Baths:  15.00

Building Info

Roof:  Shingle

Buyer Compensation

Exterior Features

Pool Private:  No

Exterior Features:  Other

Fees / Restrictions

Financial

Gross Income:  144,960

Expense Tenant:  Electricity

Original Price:  $2,095,000

Garage / Parking

Open Parking:  No

Attached Garage:  No

Garage:  No

Carport:  No

Green / Env Info

Irrigation Water Rights:  ,No,

Interior Features

Fireplace:  No

Floors:  Carpet, Laminate, Tile

Levels:  One

Spa:  No

Laundry Features:  Outside

Interior Features:  Other

Lot Info

Direction Remarks:  From Ocala, take 441 south to right on Hwy 484 (at the Wawa), to left on SE 53rd Ter Rd. Property is on the right.

Lot Size Units:  Acres

Lot Size Acres:  1.87

Lot Sqft:  81,457

Misc

Other

Special Conditions:  None

Other Rooms Info

Basement:  No

Property Info

Habitable Residence:  ,No,

Section:  01

Class Type:  MultiFamily

Property Sub Type:  MultiFamily

Property Attached:  No

New Construction:  No

Construction Materials:  Block

Stories:  1

Mobile Home Remains:  ,No,

Foundation:  Slab

Home Warranty:  ,No,

Human Modified:  Yes

Sqft Info

Sqft:  11,898

Living Area Units:  SquareFeet

Living Area Source:  PublicRecords

Tax Info

Tax Year:  2,022

Tax Lot:  2

Tax Legal Description:  SEC 01 TWP 17 RGE 22PLAT BOOK A PAGE 015BELLEVIEWBLK 89 A PT OF LOTS 2.3 BEING MORE PARTICULARLY DESC AS: Lengthy Legal in Office

Tax Block:  89

Tax Annual Amount:  14728

Tax Book Number:  A-015

Unit Info

Rent Controlled:  No

Total Units:  15

Unit:  All Units

Utilities / Hvac

Electric On Property:  ,No,

Heating:  Central

Water Source:  Public, MultipleMeters

Sewer:  PublicSewer

Cool System:  CentralAir

Cooling:  Yes

Heating:  Yes

Utilities:  ElectricityConnected, SewerConnected

Waterfront / Water

Waterfront:  No

View:  No

Directions

From Ocala, take 441 south to right on Hwy 484 (at the Wawa), to left on SE 53rd Ter Rd. Property is on the right.

This listing courtesy of Coldwell Banker Ellison Realty O 

Mortgage Calculator

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Price & Status History (on davidshippey.com since Tue, Jun 27th 2023)
  • Original Price: $2,095,000
  • Current Price: $1,950,000
  • Price Reduced: $145,000
Date ChangedFromTo
05/15/2024$2,025,000 $1,950,000 Reduced by $75,000
12/22/2023$2,095,000 $2,025,000 Reduced by $70,000

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If you have any questions on 12120 SE 53rd Terrace Road UNIT All Units, Belleview, Florida, please call David Shippey at 863-521-4517.


MLS# OM660307 located at 12120 SE 53rd Terrace Road UNIT All Units, Belleview, Florida is brought to you by David Shippey REALTOR®

12120 SE 53rd Terrace Road UNIT All Units, Belleview, Florida has 27 Beds, 0 Full Bath, and 0 Half Bath.
The MLS Number for 12120 SE 53rd Terrace Road UNIT All Units, Belleview, Florida is OM660307.
The price for 12120 SE 53rd Terrace Road UNIT All Units, Belleview, Florida is $1,950,000.
The status of 12120 SE 53rd Terrace Road UNIT All Units, Belleview, Florida is Active.
The subdivision of 12120 SE 53rd Terrace Road UNIT All Units, Belleview, Florida is N/a.
The home located at 12120 SE 53rd Terrace Road UNIT All Units, Belleview, Florida was built in 2024.

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