11651 SE 71st Terrace ROAD Belleview, FL $ 599,999
11651 SE 71st Terrace ROAD
$ 599,999
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11651 SE 71st Terrace ROAD

Belleview, FL, 34420
$ 599,999
Baths0.0 Sq 3,994

Monthly Estimate*

$ 4,191

11651 SE 71st Terrace ROAD, Belleview, FL 34420 - Image 1
11651 SE 71st Terrace ROAD, Belleview, FL 34420 - Image 2
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11651 SE 71st Terrace ROAD, Belleview, FL 34420 - Image 5
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11651 SE 71st Terrace ROAD, Belleview, FL 34420 - Image 8
11651 SE 71st Terrace ROAD, Belleview, FL 34420 - Image 9
Studio

Commercial Property for sale in Belleview, FL

for $599,999. This 3,994 square foot building was built in 1979 on a lot size of 0.36.

Great investment opportunity includes two rental properties being sold together. The first is a quadplex that has four 2-bedroom, 1-bath units, and the second parcel has an additional single stand-alone 2-bedroom, 1-bath unit (with garage) on the adjoining parcel for a total of 5 rental opportunities. Units #1 - #4 are rented at $715 ea. The single-family unit is rented at $850. The units are located on the south side of Belleview, not far from 441. New roof on both buildings in April of 2020. New AC systems in all units (March 2023) and two new water heaters in units 2 and 3 (October 2023). A new well pump was installed in 2023. The price is firm and both units are being sold together. Potential buyers are welcome to drive by the two parcels. Inside showing will only be scheduled after the property is under contract during the due diligence phase and proof of funds has been provided.

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Commercial Active

Price

$ 599,999

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 4,287

Style

Multi Family

Lot Size

0.36

Year Built

1979

Town/City

Belleview

County/Region

Marion

MLS | Web ID

OM669662

Features
General
Cooling Central Air
Zoning B1
Construction Materials Block
Year Built 1979
Levels One
Property SubType Multi Family
Tax Year 2023
Percent Ownership Corporation
County Marion
New Construction No
Property Type Commercial Sale
Subdivision Name LAKE WEIR GARDENS
Facing Direction Southwest
Status Active
Directions From US Hwy 441 in Belleview go West on SE Hwy 25A for 1/4 mile and turn right on SE 71st Terrace Road. The property is 300 ft on the left.
City BELLEVIEW
Buyer Agent Compensation 3%
MLS Area 34420 - Belleview
Lot Size Square Feet 15682
Waterfront Y/N No
Street Name 71st Terrace
Listing Terms Cash Conventional
Tax Annual Amount 4287
Public Remarks Great investment opportunity includes two rental properties being sold together. The first is a quadplex that has four 2-bedroom 1-bath units and the second parcel has an additional single stand-alon
Days on Market 105
Standard Status Active
Tax Lot 6
Legal Description SEC 32 TWP 16 RGE 23 PLAT BOOK H PAGE 068 LAKE WEIR GARDENS BLK 7 S 1/2 OF LOT 6
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Exterior
Lot Size Area 15682
Foundation Details Slab
Number of Buildings 2
Building Area Total 3994
Lot Size Acres 0.36
Road Surface Type Paved
Lot Size Units Square Feet
Road Frontage Type City Street
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Interior
Air Conditioning Y/N Yes
Street Suffix ROAD
Total Baths 0
Living Area Units Square Feet
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* Excluded Features
List By
Boyd Real Estate Llc

Broker

Erin@erinfreel.com

Email

Affordability Calculator

$4,548
Per Month
92%
8%
0%
Monthly Principal & Interest
$4,191
Monthly Property Taxes
$357
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
266288 Elementary School
265661 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/19/2023$599,999 Listed Price

Map


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11651 SE 71st Terrace ROAD, Belleview, FL, 34420 is a Commercial Property for sale at $599,999 with 3,994 sqft and a lot size of 0.36. 11651 SE 71st Terrace ROAD is a studio with 0.0 baths and was built in 1979. The property's zip code is 34420 which is in Belleview, FL