BELLEVIEW, FL 34420 11613 SE 57TH AVENUE

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Presented By: PLATINUM HOMES AND LAND REALTY with 352-565-7555. - 352-620-0207
  • MLS# OM695746
  • 02/24/2025
  • Request Tour
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  • Beds • 8
  • Baths • 8
  • SQFT • 4,128

Home Details

An absolutely gorgeous and beautiful property consisting or 2 separate side by side custom built quads with individual parcel numbers. Great income property. Priced to sell. This is a two in one property sale. Seller is willing to sell each quad under separate contract in order for the Buyer to qualify for HUD, FHA, or a VA loan, but both buildings must be sold jointly at the same time. This is a wonderful 55+ community, with a very close nit elderly tenant population. Most all tenants have been residents since 2018 after the apartments were completely renovated. Currently all tenants are over 62 years of age with single occupancy. As such, possibility of converting to 62+ community. All units, total of 8, were completely gutted and refurbished in late 2017 to mid 2018. New roofs on both buildings with 40 year - 150 MPH, GAF shingles installed by Big D Roofing (commercial grade roofing contractor). All new porcelain PEI Grade 4 tile, all new appliances, all new high efficiency central air conditioning and heating systems (still under warranty), all new water heaters, all new water and electric fixtures, switches and outlets.... Units are solidly built with concrete block and stucco walls around the entire building and all concrete block walls in between all apartments inside the building, making them super solid buildings with minimal to no noise transfer between apartments. Very quiet area that is located on a dead end street with local traffic only. In the middle of the City of Belleview, and close to all the shopping. Majestic old growth Live Oak trees and Southern Yellow Pine trees on the property. A great investment opportunity and income property without any of the issues and headaches that come with a rental property and uncooperating tenants. All tenants are retired and always pay on the 3rd of the month. Never late rents. The complex was originally custom built with the highest grade of construction and material by the initial owners for retirement income purposes. Which included such things as installing high end fixtures made by Kohler.... The current owner is the second owner of the property, and has continued the renovation and upkeep of the properties with the best quality materials, such as installing high performance Rheem water heaters and high efficiency Goodman A/C systems and low flush American Standard toilets.... The property continues to be almost like new construction. All units have their own individual water and electric meters which are paid for by the tenants. The only expense by the owner is for lawn maintenance. Current owner is selling due to retirement. At the current sale price, the high CAP rate on this property makes it an ideal investment without the headaches coming from undesirable tenants, and with a great return on investment.
Presented By: PLATINUM HOMES AND LAND REALTY with 352-565-7555. - 352-620-0207

Interior Features for 11613 SE 57TH AVENUE

Bedrooms

Total Bedrooms8

Bathrooms

Total Baths8

Other Interior Features

LivingAreaSourcepublic records
Air Conditioning Y/NYes
Fireplace Y/NNo
Flooringporcelain tile
Heating Y/NYes
Interior Amenitiesliving room/dining room combo, open floorplan, primary bedroom main floor, solid surface counters, thermostat
Laundry Featuresnone
Window Featuresaluminum frames, blinds

General for 11613 SE 57TH AVENUE

Additional Parcels Description37462-004-03
Additional Parcels Y/NYes
Applianceselectric water heater, range, range hood, refrigerator
Building Area Unitssquare feet
Carport Y/NNo
Citybelleview
Construction Materialsblock, stone, stucco
Coolingcentral air
Countymarion
Directionsfrom highway 441/301 in belleview, go west on hwy 484, wawa gas station is on north/right side and cvs is on south/left side of intersection on 484; go for 1/4 mile on 484 west then make left or go sou
Elementary Schoolbelleview elementary school
Flood Zone Codex
Flood Zone Code XY
Garage Y/NNo
HOANo
Heatingelectric
High Schoolbelleview high school
Land Lease Y/NNo
Lease Considered Y/NYes
Legal Descriptionsec 36 twp 16 rge 22 plat book f page 103 law s sub blk d lot 2 and 3
Levelsone
Listing Termscash, conventional, fha, va loan
Living Area Unitssquare feet
Lot Size Square Feet31363
Lot Size Unitssquare feet
MLS Area34420 - belleview
Middle/Junior High Schoolbelleview middle school
Minimum Lease1-2 years
ModificationTimestamp2025-04-11t13:33:37.477z
New ConstructionNo
Number Of Units Total8
Occupancy Typetenant
Other Structuresother
Ownershipfee simple
Pet Size Limitvery small (under 15 lbs.)
Pets Allowedcats ok, dogs ok
Possessionclose of escrow
Property Attached Y/NNo
Property Conditioncompleted
Property Subtypequadruplex
Property Typeresidential income
Roofshingle
Security Featuressmoke detector(s)
Senior Community Y/NYes
Sewerpublic sewer
Standard Statusactive
Statusactive
Subdivision Namelaws sub
Tax Annual Amount4146.64
Tax Lot2, 3
Tax Year2024
Tenant Payselectricity, sewer, trash collection, water
Utilitiescable connected, electricity connected, fire hydrant, phone available, public, sewer connected, street lights, water - multiple meters, water connected
Viewcity, trees/woods
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Waterfront Y/NNo
Year Built1978
Zoningr3

Exterior for 11613 SE 57TH AVENUE

Exterior Amenitiescourtyard, lighting, private mailbox
Foundation Detailsstem wall
Lot Dimensions210 x 144
Lot Featurescity lot, landscaped, street dead-end
Lot Size Acres0.72
Lot Size Area31363
Number of Buildings2
Number of Lots2
Number of Separate Electric Meters8
Number of Separate Water Meters8
Open Parking Y/NYes
Parking Featuresground level, guest, off street, open
Private PoolNo
Road Frontage Typestreet dead-end, street paved
Road Responsibilitypublic maintained road
Road Surface Typepaved, asphalt, concrete
Water Sourcepublic

Additional Details

Price History

Schools

Middle School Belleview Middle School
Elementary School Belleview Elementary School
High School Belleview High School

Andre LaFountain

Realtor / Coach
Price $850,000
MLS#OM695746
List Date 02/24/2025
Property Type Income
Phone 518.569.7173
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