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Key Details
Sold Price $950,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 14,182 sqft
Price per Sqft $66
Subdivision Acreage
MLS Listing ID C7454897
Sold Date 06/09/22
Bedrooms 18
Full Baths 6
HOA Y/N No
Year Built 1982
Annual Tax Amount $12,675
Lot Size 19.700 Acres
Acres 19.7
Property Description
INCOME PRODUCING PROPERTY which currently has an annual estimated net income of $96,000. This unique property consists of 19.7 acres. It is zoned Residential Estate (RE) but has a special exception to allow use as a rooming house. The property includes 2 houses, both with almost 3000 SF under air. The first has 8 bedrooms and 3 baths, and the second has 10 bedrooms, 3 baths and an in-ground swimming pool. Both houses are used as boarding houses with steady tenancy. There is a 6120 SF warehouse which is divided into independent storage units plus a small apartment renting for $1200 monthly. As per seller, both houses had roof replacements last year and the pool was resurfaced. Located about 3 miles from I-75 and 2 miles from US 17, access to major transportation arteries makes this property an excellent candidate for other income producing possibilities. Of course, if you’re looking for a lovely lakefront estate offering the solitude and tranquility of acreage, these homes can be remodeled and returned to their former use as single family dwellings. The possibilities are endless and opportunities like this do not come along often!
Location
State FL
County Charlotte
Community Acreage
Zoning RE1
Interior
Interior Features Ceiling Fans(s), Other
Heating Central
Cooling Central Air
Flooring Ceramic Tile
Fireplaces Type Wood Burning
Fireplace true
Appliance Dryer, Electric Water Heater, Range, Refrigerator, Washer
Exterior
Exterior Feature Storage
Utilities Available Electricity Connected, Phone Available
Waterfront false
View Y/N 1
Water Access 1
Water Access Desc Lake
Roof Type Shingle
Garage false
Private Pool Yes
Building
Story 1
Entry Level One
Foundation Slab
Lot Size Range 10 to less than 20
Sewer Septic Tank
Water Canal/Lake For Irrigation
Structure Type Block
New Construction false
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None
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Bought with REAL RE GROUP LLC