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Key Details
Sold Price $769,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,482 sqft
Price per Sqft $140
Subdivision Sleepy Lagoon Sub
MLS Listing ID U8159796
Sold Date 06/03/22
Construction Status Inspections,Other Contract Contingencies
HOA Y/N No
Year Built 1966
Annual Tax Amount $5,305
Lot Size 0.780 Acres
Acres 0.78
Property Description
Here is the property you’ve been waiting for! A true cash cow with a duplex on the waterfront with 4 standing mobile homes and space for one more! 450 feet of total water frontage and just a quick boat ride out to the beautiful waters of the Gulf of Mexico, this is a true value add deal with lots of room for rent increases and adding extra value by adding another mobile or using that spot as an RV rental. The duplex is an upstairs/downstairs and has a recently maintained elevator that takes you upstairs. Once up you will be amazed at this place, wonderful views all around and spacious living space, 3 bedrooms & 3 full bathrooms, large living room & dining room with laminate floors and vaulted ceilings and also another room that is currently an office but can be what you need and a laundry room. The kitchen is very large with an island, pantry, and nice appliances and has a large casual dining area. There are 2 doors out to the wrap-around porch, you will see how nice the views are and you can watch the boats go by or look at the amazing wildlife, dolphins, manatees swimming by and lots of beautiful birds! The master bedroom is a nice size and has a fully remodeled bathroom with 2 vanities/sinks with granite counters, looks great! The second bedroom is also a good size with ample closets and the other full bathroom is conveniently next to it. Take the stairs or the elevator down to the unit downstairs and the beautiful in-ground pool with screened enclosure, outdoor shower, and a half bath poolside! It’s the perfect place to jump in after a day out on the water! The downstairs unit is all tiled, has a newer kitchen with granite counters and a large living area. 2 bedrooms (1 has no closet) and lots of outdoor space, a covered patio by the canal. The windows downstairs have been replaced, new roof 2019, new A/C system 2020, 2 newer mini-split A/C units downstairs, a 1 car garage for great storage options & 2 floating docks for your vessels, one wood and the other composite. Other than the gorgeous duplex there are the 4 mobile homes (all 2 bed 1 bath except 1 is 2 bed 1 ½ bath) that are currently in place & fully rented and room for one more or there are RV hookups so you can use the additional space as an RV rental, your choice! There is room on the canal if the new owner wanted to add more docks for mobiles and make more rent! Make an appointment to see this great value property today. Please do not disturb any of the tenants, must make an appointment to view. Mobile homes will not be available to see interiors unless under contract.
Location
State FL
County Pasco
Community Sleepy Lagoon Sub
Zoning RMH
Interior
Interior Features Cathedral Ceiling(s), Ceiling Fans(s), Elevator
Heating Central, Electric, Wall Units / Window Unit
Cooling Central Air, Wall/Window Unit(s)
Fireplace false
Exterior
Exterior Feature Lighting
Garage Spaces 1.0
Pool In Ground, Screen Enclosure
Utilities Available Electricity Connected, Public, Sewer Connected, Water Connected
Waterfront Description Canal - Saltwater
View Y/N 1
Water Access 1
Water Access Desc Canal - Saltwater
View Water
Roof Type Metal, Shingle
Porch Covered, Deck, Wrap Around
Attached Garage true
Garage true
Private Pool Yes
Building
Lot Description FloodZone
Foundation Crawlspace, Slab
Lot Size Range 1/2 to less than 1
Sewer Public Sewer
Water Public
Structure Type Block, Metal Frame, Metal Siding
New Construction false
Construction Status Inspections,Other Contract Contingencies
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
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Bought with EXP REALTY, LLC