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12120 SE 53rd Terrace ROAD #All Units Belleview, FL $ 1,950,000
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$ 1,950,000 Get more info
12120 SE 53rd Terrace ROAD #All Units
$ 1,950,000
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12120 SE 53rd Terrace ROAD #All Units

Belleview, FL, 34420
$ 1,950,000
Bedrooms27 Baths15.0 Sq 11,898

Monthly Estimate*

$ 12,960

12120 SE 53rd Terrace ROAD #All Units, Belleview, FL 34420 - Image 1
12120 SE 53rd Terrace ROAD #All Units, Belleview, FL 34420 - Image 2
12120 SE 53rd Terrace ROAD #All Units, Belleview, FL 34420 - Image 3
12120 SE 53rd Terrace ROAD #All Units, Belleview, FL 34420 - Image 4
12120 SE 53rd Terrace ROAD #All Units, Belleview, FL 34420 - Image 5
12120 SE 53rd Terrace ROAD #All Units, Belleview, FL 34420 - Image 6
12120 SE 53rd Terrace ROAD #All Units, Belleview, FL 34420 - Image 7
12120 SE 53rd Terrace ROAD #All Units, Belleview, FL 34420 - Image 8
12120 SE 53rd Terrace ROAD #All Units, Belleview, FL 34420 - Image 9
12120 SE 53rd Terrace ROAD #All Units, Belleview, FL 34420 - Image 10
12120 SE 53rd Terrace ROAD #All Units, Belleview, FL 34420 - Image 11
12120 SE 53rd Terrace ROAD #All Units, Belleview, FL 34420 - Image 12
12120 SE 53rd Terrace ROAD #All Units, Belleview, FL 34420 - Image 13
12120 SE 53rd Terrace ROAD #All Units, Belleview, FL 34420 - Image 14
12120 SE 53rd Terrace ROAD #All Units, Belleview, FL 34420 - Image 15
12120 SE 53rd Terrace ROAD #All Units, Belleview, FL 34420 - Image 16
12120 SE 53rd Terrace ROAD #All Units, Belleview, FL 34420 - Image 17
12120 SE 53rd Terrace ROAD #All Units, Belleview, FL 34420 - Image 18
12120 SE 53rd Terrace ROAD #All Units, Belleview, FL 34420 - Image 19
12120 SE 53rd Terrace ROAD #All Units, Belleview, FL 34420 - Image 20

Multi-Family Home for sale in Belleview, FL

for $1,950,000 with 27 bedrooms and 15 full baths. This 11,898 square foot home was built in 1984 on a lot size of 1.87.

Investment opportunity to acquire 15 units (6 duplexes and 1 triplex) on one parcel, in the strong rental market of Belleview FL, in southern Marion County. The unit mix consists of 12 2/1's, and 3 1/1's. Located between Ocala, and the Villages, Belleview has become an emerging rental market for its proximity to one of the fastest growing developments in the Country, The Villages "Florida's Friendliest Hometown". This is a value-add opportunity with current rents well below market.

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Multi-Family Active

Price

$ 1,950,000

Bedrooms

27

Full Bath

15

Property Type

Multi-Family

Taxes

$ 14,728

Style

Multi Family

Lot Size

1.87

Year Built

1984

Town/City

Belleview

County/Region

Marion

MLS | Web ID

OM660307
Features
General
Interior Features Other
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Connected Sewer Connected Water - Multiple Meters
Roof Shingle
Exterior Features Other
Zoning R3
Construction Materials Block
Year Built 1984
Levels One
Unit Number All Units
Property SubType Multi Family
Tax Year 2022
Percent Ownership Fee Simple
County Marion
New Construction No
Property Type Residential Income
HOA / Comm Assn No
Subdivision Name N/A
Garage Y/N No
Status Active
Directions From Ocala take 441 south to right on Hwy 484 (at the Wawa) to left on SE 53rd Ter Rd. Property is on the right.
City BELLEVIEW
Buyer Agent Compensation 2.5%
Senior Community Y/N No
Total Units 15
MLS Area 34420 - Belleview
Lot Size Square Feet 81457
Private Pool No
Waterfront Y/N No
Carport Y/N No
Street Name 53rd Terrace
Tax Annual Amount 14728
Public Remarks Investment opportunity to acquire 15 units (6 duplexes and 1 triplex) on one parcel in the strong rental market of Belleview FL in southern Marion County. The unit mix consists of 12 2/1's and 3 1/1
Ok to Lease 12 Months
Days on Market 323
Standard Status Active
Tax Lot 2
Legal Description SEC 01 TWP 17 RGE 22 PLAT BOOK A PAGE 015 BELLEVIEW BLK 89 A PT OF LOTS 2.3 BEING MORE PARTICULARLY DESC AS: Lengthy Legal in Office
Water Access Y/N No
Water View Y/N No
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Interior
Flooring Carpet Laminate Tile
Furnished Y/N Unfurnished
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix ROAD
Laundry Features Outside
Total Bedrooms 27
Total Baths 15
Living Area Units Square Feet
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Exterior
Water Source Public
Lot Size Area 1.87
Foundation Details Slab
Number of Buildings 7
Lot Size Acres 1.87
Road Surface Type Paved
Lot Size Units Acres
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* Excluded Features
List By
Coldwell Banker Ellison Realty O

Broker

cswor@ellisonrealty.com

Email

Affordability Calculator

$14,188
Per Month
91%
9%
0%
Monthly Principal & Interest
$12,960
Monthly Property Taxes
$1,227
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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Nearby
266288 Elementary School
265661 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/15/2024$1,950,000 -3.70% Price Down
11/13/2023$2,025,000 -3.34% Price Down
6/27/2023$2,095,000 Listed Price

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12120 SE 53rd Terrace ROAD #All Units, Belleview, FL, 34420 is a Multi-Family Home for sale at $1,950,000 with 11,898 sqft and a lot size of 1.87. 12120 SE 53rd Terrace ROAD #All Units has 27 bedrooms, 15.0 baths, and was built in 1984. The property's zip code is 34420 which is in Belleview, FL

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