16940 SE 101st Avenue ROAD Summerfield, FL $ 350,000
16940 SE 101st Avenue ROAD
$ 350,000
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16940 SE 101st Avenue ROAD

Summerfield, FL, 34491
$ 350,000
Baths0.0 Sq 2,016

Monthly Estimate*

$ 2,326

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View a Virtual Tour
Studio

Multi-Family Home for sale in Summerfield, FL

for $350,000. This 2,016 square foot home was built in 2020 on a lot size of 0.3.

Investors! 4 year old income producing duplex. 2 bed/2 bath units with oversized individually fenced in back yards for both units. Landscaped from porch area beautifully landscaped. Driveway can accommodate 2 vehicles per side. Each unit on its own well and septic. Located on a corner lot, this property is close to shopping, the villages, Belleview, and Ocala. There is no HOA or deed restrictions. 1 unit currently leased month to month at an under priced rate of 1k/month. Anticipated rent for each unit is 1400/month.

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Multi-Family Pending

Price

$ 350,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,885

Style

Duplex

Lot Size

0.3

Year Built

2020

Town/City

Summerfield

County/Region

Marion

MLS | Web ID

OM672865

Features
General
Interior Features Solid Wood Cabinets Thermostat
Sewer Septic Tank
Heating Electric
Cooling Central Air
Utilities Cable Available Electricity Connected
Roof Shingle
Exterior Features Fenced Rain Gutters
Zoning R4
Construction Materials Block Concrete
Year Built 2020
Tenant Pays Electricity
Property SubType Duplex
Tax Year 2023
Percent Ownership Fee Simple
Gross Income 33600
County Marion
New Construction No
Property Type Residential Income
HOA / Comm Assn No
Subdivision Name ORANGE BLOSSOM HILLS UN #16
Garage Y/N No
Status Pending
Directions Heading south on 441: make a slight right onto SE 167th Place road and take the 2nd left on SE 101st Ave Road. Last property on the right before passing SE 169th Lane. GPS/google maps takes you to pr
High School Belleview High School
City SUMMERFIELD
Buyer Agent Compensation 2.5%
View Y/N No
Senior Community Y/N No
NumberOfUnitsTotal 2
MLS Area 34491 - Summerfield
Lot Size Units Square Feet
Lot Size Square Feet 13068
Waterfront Y/N No
Carport Y/N No
Street Name 101st Avenue
Elementary School Stanton-Weirsdale Elem. School
Property Attached Y/N Yes
Land Lease Y/N No
Tax Annual Amount 3885.18
Middle/Junior High School Lake Weir Middle School
Additional Parcels Y/N No
Virtual Tour https://www.propertypanorama.com/instaview/stellar/OM672865
Days on Market 103
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Pending
Tax Lot 15
Legal Description SEC 26 TWP 17 RGE 23 PLAT BOOK K PAGE 003 ORANGE BLOSSOM HILLS UNIT 16 BLK 3 LOT 15
Water Access Y/N No
Water View Y/N No
Flood Zone Code X
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Exterior
Water Source Well
Lot Size Area 13068
Foundation Details Slab
Number of Buildings 1
Building Area Total 2184
Lot Dimensions 105 x 125
Street Suffix ROAD
Lot Size Acres 0.3
Road Surface Type Asphalt Paved
Number of Separate Electric Meters 2
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Interior
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Blinds
Fireplace Y/N No
Laundry Features In Kitchen Inside
Total Bedrooms 0
Total Baths 0
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* Excluded Features
List By
Xcellence Realty

Broker

alexfigueroarealtor@gmail.com

Email

Affordability Calculator

$2,650
Per Month
88%
12%
0%
Monthly Principal & Interest
$2,326
Monthly Property Taxes
$324
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3927597 Elementary School
3324870 Middle School
Belleview High School High School
Pricing History
DatePricePrice ChangeDescription
4/24/2024$350,000 -7.89% Price Down
4/5/2024$380,000 -3.80% Price Down
3/6/2024$395,000 -5.93% Price Down
2/14/2024$419,900 Listed Price

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16940 SE 101st Avenue ROAD, Summerfield, FL, 34491 is a Multi-Family Home for sale at $350,000 with 2,016 sqft and a lot size of 0.3. 16940 SE 101st Avenue ROAD is a studio with 0.0 baths and was built in 2020. The property's zip code is 34491 which is in Summerfield, FL