4950 Southeast 111th Lane

Belleview, FL 34420

$375,000
Price
Beds
2,065 Sq. Ft.
$182 / Sq. Ft.
2,065
Sq. Ft.
$182
per Sq. Ft.

Description

Situated on 1.5 acre parcel sits this triplex, fully occupied with tenants, and waiting for you to take advantage of this great income producing opportunity. Property is on a well and septic. All septic's have been pumped in 2020, and unit #3 has had a new drain field installed and they have their own septic. Unit #3 also has hookups available for washer and dryer. Each unit has a covered front patio. Centrally located between Ocala and Summerfield/the Villages. Close to everything! Don't miss out!Situated on 1.5 acre parcel sits this triplex, fully occupied with tenants, and waiting for you to take advantage of this great income producing opportunity. Property is on a well and septic. All septic's have been pumped in 2020, and unit #3 has had a new drain field installed and they have their own septic. Unit #3 also has hookups available for washer and dryer. Each unit has a covered front patio. Centrally located between Ocala and Summerfield/the Villages. Close to everything! Don't miss out!
  1. Listed by Ashley Sexton • CRYSTAL SNOOK REAL ESTATE

Property Details for 4950 Southeast 111th Lane

Subdivision Name
HOME NON-SUB
Township
16
Waterfront
No

Location

Listing Courtesy of CRYSTAL SNOOK REAL ESTATE
Add your commute
LISTING UPDATED: 05/01/2024 07:04 PM

Property Details for 4950 Southeast 111th Lane

StatusActive
MLS #OM666184
Days on Market204
Taxes$2,990 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1985
Lot Size1.50 AC / 65,340 SF
CountyMarion County

Location

Listing Courtesy of CRYSTAL SNOOK REAL ESTATE
Add your commute

Building Information for 4950 Southeast 111th Lane

Stories-Residences3Year Built1985Building Size-Lot Size1.50 AC / 65,340 SF

Payment Calculator

$2,296 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,047

Property Taxes

$249

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4950 Southeast 111th Lane

Summary
Location and General Information
  • Building Area Units: Square Feet
  • Directions: US-301 S-T/R onto SE 55th Avenue Rd-T/R and follow to SE 111th Ln
  • Mls Major Change Type: Price Decrease
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 4950
  • Street Direction Prefix: SE
  • Street Name: 111TH
  • Street Suffix: LANE
  • State: FL
  • City: BELLEVIEW
Parking
  • Carport: No
  • Garage: No
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: 0
  • Tax Book Number: E-45
  • Tax Legal Description: SEC 36 TWP 16 RGE 22 COM AT THE NW COR OF SEC 36 TH S 00-14-45 E 1329.48 FT TH N 89-45-23 E 1120.72 FT TO THE POB TH CONT S 89-45-23 E 202.71 FT TH N 00-37-43 E 322.37 FT TH S 89-45-23 W 202.71 FT TH S 00-37-43 W 322.37 FT TO THE POB RESERVING THE NO RTH 20 FT FOR A PRESCRIPTIVE EASEMENT
  • Tax Lot: 6
  • Tax Year: 2022
Property
Lot Information
  • Additional Parcels: No
  • Lot Size Dimensions: 205x317
  • Parcel Number: 37400-006-03
  • Total Acreage: 1 to less than 2
  • Total Num Buildings: 1
  • Water Access: No
  • Water Extras: No
  • Zoning: B2
  • Living Area: 2065
  • Lot Dimensions: 205x317
Property and Assessments
  • Year Built Numeric: 1985
  • Flood Zone Code: X
  • Flood Zone Date: 08-28-2008
  • Flood Zone Panel: 12083C0737D
  • Homestead: No
  • New Construction: No
  • Public Survey Range: 22
  • Public Survey Section: 36
Utilities
  • Sewer: Septic Tank
  • Utilities: Electricity Connected
  • Water Source: Well
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Concrete, Stucco
  • Exterior Features: Lighting, Rain Gutters, Sidewalk
  • Foundation Details: Slab
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 0
  • Cooling: Wall/Window Unit(s)
  • Fireplace: No
  • Heating: Wall Units / Window Unit
  • Interior Features: Other
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Net Income: $18,360.00
  • Gross Income: $24,360
  • Unit Count: 3
Unit 1
  • Unit Type Baths Total 1: 1
  • Unit Type Beds Total 1: 1
  • Unit Type Garage Attached 1: No
  • Unit Type Garage Spaces 1: 0
  • Unit Type Number Of Units Occupied 1: 2
  • Unit Type Pro Forma 1: 900
  • Unit Type Type 1: 1 Bed/1 Bath
Unit 2
  • Unit Type Baths Total 2: 1
  • Unit Type Beds Total 2: 1
  • Unit Type Garage Attached 2: No
  • Unit Type Garage Spaces 2: 0
  • Unit Type Number Of Units Occupied 2: 1
  • Unit Type Pro Forma 2: 900
  • Unit Type Type 2: 1 Bed/1 Bath
Unit 3
  • Unit Type Baths Total 3: 1
  • Unit Type Beds Total 3: 2
  • Unit Type Garage Attached 3: No
  • Unit Type Garage Spaces 3: 0
  • Unit Type Number Of Units Occupied 3: 1
  • Unit Type Pro Forma 3: 1100
  • Unit Type Type 3: 2 Bed/1 Bath
Rental
Rental Information
  • Tenant Pays: Electricity, Trash Collection

Property History for 4950 Southeast 111th Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 4950 Southeast 111th Lane

Taxable ValueLand$65,340Additions$72,986Total$138,326
Tax Record2023$3,356 ($280 / month)
Home Facts
Baths3Total Finished SqFt2,065 SqFtAbove Grade Finished SqFt2,065 SqFtStories1Lot Size65,340 SqFtStyleTriplexYear Built1985Year Renovated2002ZoningB2CountyMARIONAPN37400-006-03

Schools near 4950 Southeast 111th Lane

This home is within Marion.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Belleview Elementary School
PublicPK to 5

Belleview Middle School
Public6 to 8

Belleview High School
Public9 to 12

Francis Marion Military Academy
Charter9 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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

4950 Southeast 111th Lane is a multi-family home for sale in Belleview, FL 34420. This property was listed for sale on October 11, 2023 by CRYSTAL SNOOK REAL ESTATE, it's currently listed at $375,000. It has been on the market for a total of 204 days and was last sold on December 16, 2011. This listing's school district is Marion. Nearby schools include Belleview Elementary School, Belleview Middle School and Belleview High School. 4950 Southeast 111th Lane is a 0-bed, 0-bath, 2,065 sqft multi-family home built in 1985.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of CRYSTAL SNOOK REAL ESTATE

Based on information from one of the following Multiple Listing Services: Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.