5010, 5040, 5080, & 5120 S Barker Point, Lecanto, FL 34461
- $650,000
- 3,880
- SqFt
- List Price
- $650,000
- Status
- Active
- Days on Market
- 43
- MLS#
- OM730607
- Property Style
- Multi-Family 5+
- Year Built
- 1982
- Living Area
- 3,880
- Lot Size
- 26,202
- Acres
- 2.29
- Total Acreage
- 2 to less than 5
- Legal Subdivision Name
- Leisure Acres Unit 02
- MLS Area Major
- Lecanto
Property Description
5010, 5040, 5080 & 5120 S Barker Point in rapidly growing Citrus County, FL presents a compelling multifamily investment opportunity.? Offered at $650,000, this attractive 4-unit portfolio (five property parcels total including the well site) delivers a strong 9.78% cap rate with 100% occupancy and NOI of $63,555.? Situated on approximately 2.29 acres, the property consists of four adjacent, renovated 3-bedroom, 2-bath homes totaling 3,880 square feet.? Each residence features a durable steel roof, fenced half-acre-plus parcels, and recent updates that support tenant appeal and operational ease.? Located in an X flood zone, this income-producing asset offers investors both stability and upside through a well-maintained, fully leased portfolio.? The property is conveniently positioned just 10–15 minutes from shopping, medical offices, parks, and the Suncoast Parkway, enhancing accessibility for tenants and supporting long-term occupancy.? This is an ideal opportunity to acquire a truly turnkey residential income property with immediate cash flow in the desirable Lecanto submarket.?
Additional Information
- Taxes
- $4775
- Annual Gross Income
- 72480
- Location
- Oversized Lot
- Community Features
- No Deed Restriction
- Property Description
- One Story
- Zoning
- RURMH
- Air Conditioning
- Central Air, Mini-Split Unit(s), Wall/Window Unit(s)
- Exterior Construction
- Metal Siding, Frame
- Foundation
- Pillar/Post/Pier
- Pool
- No Pool
- Garage Features
- Over 30 Spaces
- Flood Zone Code
- X
- Parcel ID
- 18E-19S-28-0020-000C0-013E
- Legal Description
- LEISURE ACRES UNIT 2 PB 5 PG 67 PCL E: N 150 FT OF LOT 13 BLK C LESS E 170 FT & EASM IN OR BK 1055 PG 940 & DESC IN OR BK 1362 PG 368
Listing courtesy of KELLER WILLIAMS REALTY - ELITE PARTNERS II. 352-419-0200
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