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150-221 SE SUNDIAL Place Lake City, FL $ 10,200,000
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150-221 SE SUNDIAL Place
$ 10,200,000
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150-221 SE SUNDIAL Place

Lake City, FL, 32025
$ 10,200,000
Bedrooms-- Baths-- Sq 51,190

Monthly Estimate*

$ 62,803

​

Commercial Property for sale in Lake City, FL

for $10,200,000. This 51,190 square foot building was built in 1986 on a lot size of 6.63.

Introducing Sundial Apartments - a 107-unit multifamily investment opportunity strategically positioned in the heart of Lake City, known as the ''Crossroads of Florida'' due to its exceptional connectivity via I-10 & I-75. This well-performing asset offers investors stable in-place income, strong historical occupancy, and immediate upside potential through rental growth. Current occupancy stands at an impressive 96%. Property offers 62 studio/efficiency units (400 sq ft), 37 standard 1BR units (550 sq ft), and 8 larger 1BR units (750 sq ft). Sundial presents a compelling value-add opportunity with current lease rates estimated to be approximately 10% below comparable properties. New ownership has the opportunity to implement strategic rent increases while maintaining strong occupancy, creating immediate potential for revenue growth and enhanced cash flow.

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Commercial Active

Price

$ 10,200,000

Property Type

Commercial

Taxes

$ 0

Style

Multi Family

Lot Size

6.63

Year Built

1986

Town/City

Lake City

County/Region

Columbia

MLS | Web ID

2146262
Features
Exterior
Parking Features Parking Lot
Lot Features Cleared
Lot Size Area 6.63
Spa N
Lot Size Acres 6.63
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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General
Year Built 1986
Property Subtype Multi Family
Parcel Number 17-4S-17-08437-000
Building Name Sundial Apartments
County Columbia
New Construction 0 None
Property Type Commercial Sale
HOA N
Attached Garage N
Status Active
Directions From Jacksonville travel west on I-10 to I-75 North.
City Lake City
Senior Community Y/N N
Number Of Units Total 107
MLS Area 803-Columbia-Southeast
Lot Size Units Acres
Lot Size Square Feet 288802.8
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor 803-Columbia-Southeast
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Private Pool Y/N None
Water Body Access Y/N None
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Interior
Total Stories 2
Basement (Y/N) N
Total Baths 0
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Internal Only
Street Number 1 150221
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* Excluded Features
List By
Iron Valley Real Estate North Florida

Broker

emoses@michaelsongroup.com

Email

Affordability Calculator

$62,803
Per Month
100%
0%
0%
Monthly Principal & Interest
$62,803
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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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Nearby
308105 Elementary School
308138 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
5/20/2026$10,200,000 Listed Price

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150-221 SE SUNDIAL Place, Lake City, FL, 32025 is a Commercial Property for sale at $10,200,000 with 51,190 sqft and a lot size of 6.63. 150-221 SE SUNDIAL Place was built in 1986. The property's zip code is 32025 which is in Lake City, FL

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