$874,000 Not Disclosed Dade City, FL

MLS: E2201798   Type: Single Family   County: Pasco   City: Dade City   Area: Dade City-ridge Manor   Zip: 33523   Style: Single Family Home   # Rooms: 3    Stories: 2   Taxes: $2,551

Mortgage $4,103 /mo



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THE POSSIBILITIES ARE ENDLESS!!! Own this beautiful 4 unit apartment complex with 8 bedrooms on Lake Iola. These apartments would make great vacation rentals or short term rental units. Property has been well maintained for 20+ years with the current owners. All apartments are super clean with newer carpets, laminate flooring and appliances. Front units have a screen enclosure and screen/vinyl window enclosed porch on the rear units. The owners former unit features a large open kitchen with plenty of cabinets, large rectangle living room and plenty of closet space all done in earth tones. There is a huge detached two car/two story garage with a Rec room having a partial kitchen & full bathroom. This space can be turned into a managers office, banquet room, game room etc. The owner has also added an extra large partially covered concrete entertaining area with railing overlooking the lake, fire pit and barbecue. Property also has a Laundry room and work/storage shed in the back. Lake Iola is a private lake and is one of three ski-able lakes in Pasco county. Imagine coming home and being able to walk out your front door ready to ski, fish, kayak, paddle board, swim or just relax in your lounge chair soaking up the sun. Then in the evening enjoy a cocktail in the Jacuzzi and watch the colorful sky as the sun sets on the lake. All this, while your tenants pay your mortgage for you.

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Price History

7/9/2015 Listed $997,000
3/1/2016 2% - $979,000
12/5/2016 7% - $919,000
3/27/2017 3% - $899,000
6/19/2017 3% - $875,000
1/19/2018 1% - $874,000

Financing Available Cash, Conventional
Homestead Yes
Housing For Older Persons N/A
Location Hilly, In County
Lot Number 0000
MLS Area Dade City/Ridge Manor
New Construction Y/N No
Property Description Two Story
Realtor Info Sold As-Is
Special Sale None
Taxes 2551
Utilities Cable Available, County Water, Street Lights
Water Access Y/N Yes
Zoning C2

Interior Features

A/C Central
Appliances Included Dishwasher, Dryer, Range, Range Hood, Refrigerator, Washer
Fireplace Yn No
Floor Covering Carpet, Ceramic Tile
Heating Central
Interior Features Ceiling Fan(S), Walk In Closet
Pets Allowed Yes
Room Count 3

Exterior Features

Exterior Construction Block
Exterior Features Balcony/Sun Deck, Detached In-Law Suite, Detached Workshop, Fenced, Outdoor Lights, Parking - Rv/Boat, Patio/Porch/Deck Covered, Patio/Porch/Deck Screened, Rental Apartment, Storage
Foundation Slab
Garage Carport 2 Car Garage
Garage Features Detached
Lot Sq Ft 129500
Pool None
Property Style Single Family Home
Roof Membrane
Water Access Type Lake
Water Extras Boat Ramp - Private, Skiing Allowed
Water Extras Yn Yes
Water Frontage Lake
Water Frontage Yn Yes
Water Name LAKE IOLA
Water View Lake
Water View Yn Yes
Waterfront Feet 114

Property Schools

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Property vs Zip Code Avg (33523)

Price 874K Avg 387K

Sqr Feet 4,352 Avg 2,172

Cost / Sqr Ft $201 Avg $178

Taxes $2,551 Avg $2,641

Acres 2.97 Avg 5.96

Visits 258 Avg 36

Days on Site 983 Avg 137

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Listing Provided Courtesy Of: ELITE BROKERS LLC

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Location & Address

Blake Real Estate
2695 Sunset Point Road
Clearwater, FL

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