Active

$589,500

Features:
  • 6 Bedrooms
  • 6 Bathrooms
  • 2974 sq ft
Overview
  • ID: MFRO6367698
  • Bedrooms: 6
  • Bathrooms: 6
  • Size: 2974 sq ft
Property Details
Remarks
[Price Improvement] Turnkey Triplex investment opportunity in Minneola. This property is an excellent investment in the heart of Minneola, offering tremendous potential for an investor looking to generate steady rental income. Currently operating with month-to-month tenants, offering flexibility for the next owner to adjust rents to market value or restructure leases. This property presents an excellent opportunity for investors seeking immediate cash flow with room for income growth. Two of the units are 2 bed/2 bath, and one unit is 2 bed/1 ½ bath. Open floor plan includes living room, dining area and kitchen. Each unit has a separate, spacious laundry room. Sliding glass doors lead to private back porch. Each unit has its own utility meters and outdoor storage room. All A/C units replaced within the last 5 years. All hot water tanks replaced within the last 3 years. New roof replaced 2 years ago. Septic cleaned in 2025. Excellent location close to schools, shopping areas, downtown Clermont and major highways. Not too many of these opportunities come around often! Property for sale in As-Is condition. No HOA.
Financial Considerations
Price:
$589,500
HOA Fee:
N/A
Tax Amount:
$5180.62
Price per SqFt:
$198.22
Tax Legal Description:
MINNEOLA RIDGECREST SUB LOT 28 PB 27 PG 41 ORB 1901 PG 155
Exterior Features
Lot Size:
11737
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
Open
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
6
Bathrooms:
6
Heating:
Central, Electric
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
Ceramic Tile
Levels:
N/A
Additional Features
Property Sub Type:
Triplex
Style:
N/A
Year Built:
1988
Construction Type:
Block, Vinyl Siding, Frame
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Sliding Doors, Storage
Additional Features 2:
N/A
Map
  • Address
    209 RIDGECREST LOOP
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