4375 E Archer Ln

$399,900
Price
Beds
Baths
5,580 Sq. Ft.
$72 / Sq. Ft.
5,580
Sq. Ft.
$72
per Sq. Ft.

Description

Investor alert! CAP RATE of OVER 8%! This offering includes seven parcels with manufactured homes and all seven are occupied with tenants. Seller has financial documentation available. Properties are conveniently located between Brooksville and Inverness. Call today for more information!Investor alert! CAP RATE of OVER 8%! This offering includes seven parcels with manufactured homes and all seven are occupied with tenants. Seller has financial documentation available. Properties are conveniently located between Brooksville and Inverness. Call today for more information!
  1. Listed by Louis Newman • KELLER WILLIAMS REALTY-ELITE P

Property Details for 4375 East Archer Lane

Subdivision Name
HUNTERS ESTATES 3RD ADD
Township
19S
Waterfront
No
LISTING UPDATED: 01/31/2025 11:45 AM

Property Details for 4375 East Archer Lane

StatusActive
MLS #OM693781
Days on Market338
Taxes$4,411 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial Sale / Multi-Family
Year Built1973
Lot Size1.59 AC / 69,197 SF
CountyCitrus County

Location

Listing Courtesy of KELLER WILLIAMS REALTY-ELITE P, Louis Newman
Add your commute

Building Information for 4375 East Archer Lane

Stories1Residences-Year Built1973Building Size-Lot Size1.59 AC / 69,197 SF

Payment Calculator

$2,344 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,976

Property Taxes

$368

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4375 East Archer Lane

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 5580.0
  • Building Area Units: Square Feet
  • Directions: From Pleasant Grove Rd, turn onto E. Trail 10. Then turn right onto S. Ember Terrace. Then turn onto E. Archer Lane. Multiple properties nearby.
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Road Frontage Type: Private Road
  • Unit Number: No
  • Street Number: 4375
  • Street Direction Prefix: E
  • Street Name: ARCHER
  • Street Suffix: LANE
  • State: FL
  • City: INVERNESS
Taxes and HOA Information
  • Condo Environment: No
  • Tax Block: 3B000
  • Tax Book Number: 0
  • Tax Legal Description: HUNTERS ESTS 3RD ADD UNREC SUB LOTS 35 :COM NE COR SE1/4 OF SW1/4 SEC 25-19-19 TH S 0DEG 43M 30S E AL E LN OF SW1/4 SEC 25 DIST 726.28FT TH S 89DEG 46M 50S W 120FT POB TH CONT S 89DEG 46M 50S W 60FT TH S 0DEG 43M 30S E 140FT TH N 89DEG 46M 50S E 60FT TH N 0DEG 43M 30S E 140FT POB & 36 :COM NE COR OF SE1/4 OF SW1/4 SEC 25-19-19 E TH S 0DEG 43M 30S E AL E LN SW1/4 SD SEC 25 DIST 726.28FT TH S 89DEG 46M 50S W 60FT TO POB TH CONT S 89DEG 46M 50S W 60FT TH S 0DEG 43M 30S E 140FT TH N 89DEG 46M 50S E 60FT TH N 0DEG 43M 30S W 140FT POB IN OR BK 889 PG 2029 OR BK 2113 PG 683 OR BK 2147 PG 2161
  • Tax Lot: 35
  • Tax Year: 2024
Virtual Tour
Property
Lot Information
  • Additional Parcels Description: 1696887, 1941911, 2990597, 1696780, 1696852, 1696861
  • Additional Parcels: Yes
  • Parcel Number: 1696879
  • Total Acreage: 1 to less than 2
  • Total Num Buildings: 7
  • Water Access: No
  • Water Extras: No
  • Zoning: RURMH
  • Living Area: 5580
Property and Assessments
  • Year Built Numeric: 1973
  • Flood Zone Code: x
  • Net Operating Income: $32,199
  • New Construction: No
  • Number Of Lots: 7
  • Public Survey Range: 19E
  • Public Survey Section: 25
  • Dock YN: No
Utilities
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Water Connected
  • Water Source: See Remarks, Well
Interior and Exterior Features
Exterior Features
  • Construction Materials: Other
  • Foundation Details: Other
  • Levels: One
  • Pool: None
  • Pool Private: No
  • Waterfront Feet Total: 0
  • Number Of Stories: 1
Interior Features
  • Cooling: Other
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Expenses: $4,411
  • Annual Income Type: Actual
  • Gross Scheduled Income: $43,080

Property History for 4375 East Archer Lane

DateEvent & SourcePriceAppreciation
Jan 19, 2025

Listed (Active)

MFRMLS #OM693781

$399,900
Jul 26, 2007

Sold (Public Record)

Public Record #223548596

$37,500
DateEvent & SourcePrice
01/19/2025

Listed (Active)

MFRMLS #OM693781

$399,900
07/26/2007

Sold (Public Record)

Public Record #223548596

$37,500

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4375 East Archer Lane

Taxable ValueLand$9,000Additions$65,648Total$74,648
Tax Record2025$938 ($78 / month)
Home Facts
Baths2Total Finished SqFt1,104 SqFtAbove Grade Finished SqFt1,104 SqFtStories1Lot Size16,901 SqFtStyleMobile / Manufactured HomeYear Built1973ZoningRURMH RURAL RCountyCITRUSAPN19E-19S-25-3B000-035.0

Schools near 4375 East Archer Lane

This home is within Citrus.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 11 to 12
Rating
School
Distance
Pleasant Grove Elementary School
PublicPK to 5

Inverness Middle School
Public6 to 8

Citrus High School
Public9 to 12

Withlacoochee Technical Institute
Public11 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

4375 East Archer Lane is a multi-family home for sale in Inverness, FL 34452. This property was listed for sale on January 19, 2025 by KELLER WILLIAMS REALTY-ELITE P, it's currently listed at $399,900. It has been on the market for a total of 338 days and was last sold on July 26, 2007. This listing's school district is Citrus. Nearby schools include Pleasant Grove Elementary School, Inverness Middle School and Citrus High School. 4375 East Archer Lane is a 0-bed, 0-bath, 5,580 sqft multi-family home built in 1973.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KELLER WILLIAMS REALTY-ELITE P, Louis Newman

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 01/31/2025 11:45 AM