$1,145,000 10637 Lithia Pinecrest Road Lithia, FL

MLS: A4215524   Type: Single Family   County: Hillsborough   City: Lithia   Neighborhood: Zzz | Unplatted   Zip: 33547   Style: Single Family Residence   # Rooms: 14    Stories: 1   Taxes: $6,825

Mortgage $5,376 /mo

Beds

Baths

Half Baths

Sqr Footage

Acres

Built

10

5

0

4,468

5

1974

Motivated Sellers! Updated, 16 Beds MONEY MAKING ALF operated by The Same Owner for 23 Years. Reliable Annual Income Received is Approximately 25% Below Market Rent (Market Rent Increase Would Generate Over 22% Cap Rate.) This Well Established ALF Sits on 5 Commercial Acres (Can Modify Existing Building to 24 Beds.) Can Expand beyond 24 Beds (on 5 Acres Commercial Property) and Could be Perfect to Include Lucrative Memory Care Units. Seller Will Also Consider an Attractive Lease with Two Acres. In Addition, Seller Has a Fully Operating Recently Renovated, Profitable 6 Beds ALF Available(nearby) on 1 Commercial Acre for Only an Additional $325,000. A Great Opportunity to Include Lucrative Memory Care Units. Sold Separately or Package Deal. Seller is Religious and Under Charges Some of the Residents as a Way of Giving Back to the Community. If New Residents Were Charged the Going Rate, it Would Increase the Bottom Line Significantly! The Seller and Her Team Would be Willing to Stay up to a Year to Help With the Transition. The Sellers are Committed to Helping New Buyers Succeed and Will be Available to Help Throughout the Transition. The ALF's are located in Hillsborough County. According to the 2010 census, population was 1,229,226, making it the fourth most populous county in Florida. Please call or email If you are interested in further information about this golden opportunity. dimensions approximate, buyers to verify. Information deemed reliable but not guaranteed.

Elementary School

Middle School

High School

Click Here
Distance: N/A Miles
Click Here
Distance: N/A Miles
Click Here
Distance: N/A Miles

Price History

4/5/2018 Listed $1,145,000

Accessibility Customized Wheelchair Accessible, Handicap Modified
Garage Y/N 0
Homestead No
MLS Area 33547 - Lithia
Property SubType Single Family Residence
Property Type Residential
Security Features Fire Sprinkler System, Smoke Detector(s)
Senior Community Y/N 0
Subdivision ZZZ | UNPLATTED
Township 29
Utilities Cable Connected
Zoning AR
Zoning Compatible Yn Yes

Interior Features

Additional Rooms Attic
Appliances Dishwasher, Dryer, Exhaust Fan, Freezer, Microwave, Microwave Hood, Oven, Range, Range Hood, Refrigerator, Washer
Cooling Central Air
Fireplace Y/N 1
Floor Number 1
Flooring Laminate
Furnished Y/N Furnished
Heating Central
Interior Features Attic, Ceiling Fans(s), Furnished, Window Treatments
Window Features Blinds, Window Treatments

Exterior Features

Carport Y/N 0
Construction Materials Block
Exterior Features Fenced, Outdoor Grill
Foundation Slab
Lot Size Acres 5.00
Lot Size Square Feet 4468
Other Structures Shed(s)
Parking Features Boat, Guest, None, Open
Patio/Porch Features Covered, Deck, Patio, Porch
Private Pool Y/N 0
Roof Shingle
Vegetation Mature Landscaping, Trees/Landscaped
Water Access Y/N No
Water Extras Yn No
Water View Yn No
Waterfront Feet Total 0
Waterfront Y/N 0

Property Schools



Direct Link:

http://www.floridapropertytours.com/property/24-A4215524-10637-Lithia-Pinecrest-Road-Lithia-FL-33547

Gallery (2 photos)

Ask Your Agent a Question

Property vs Zip Code Avg (33547)

Price 1.14M Avg 514K

Sqr Feet 4,468 Avg 3,115

Cost / Sqr Ft $256 Avg $165

Taxes $6,825 Avg $6,017

Acres 5 Avg 1.26

Visits 60 Avg 141

Days on Site 51 Avg 78

Ask How to Finance this Property

Download Our Mobile App

Download Millions Mapped

Listing Provided Courtesy Of: GLOBAL NETWORK REALTY & ASSOC.




Back to Search

Chat is Now Online! Ask Away!

In the Neighborhood

Find Your Home's Value Instantly

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

Blake Real Estate
2695 Sunset Point Road
Clearwater, FL
727-378-9794
866-496-4063

Other Locations