NOT LISTED FOR SALE

1207 N Tiger Point Lecanto, FL 34461

Lecanto Neighborhood
4 Beds
4 Baths
6,600 Sq Ft
0.94 Acres

Last Sold May 16, 2019

Last sale price $410,000 $62 Per Sq Ft

249 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • Central Air
  • Landscaped with Trees
  • Sliding Doors
  • Level Lot

About This Home

As of May 2019

Multi-Family investment opportunity in the heart of Citrus County. This package of three duplexes was built between 2004-2005 and offers 6 units at 1,100 Sq.Ft. each with 2 bedrooms and 2 baths. Operating at 100% occupancy! These apartments are in excellent condition and have a great rental history long sustainable tenancies.

Last Agent to Sell the Property

Elias Kirallah

Century 21 J.W.Morton R.E. License #3123414 Listed on: 08/10/2018

Century 21 J.W.Morton R.E.

Last Buyer's Agent

Out of Area Non Member

Various Associations in Florida

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,241

Year Built

  • Built in 2004

Lot Details

  • 0.94 Acre Lot
  • Property fronts a county road
  • Level Lot
  • Landscaped with Trees

Parking

  • Shared Driveway

Home Design

  • Duplex
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 6,600 Sq Ft Home
  • 1-Story Property
  • Sliding Doors

Kitchen

  • Electric Cooktop
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Utilities

  • Central Air

Community Details

Overview

  • No Home Owners Association
  • 6 Units
  • Forest Hills Subdivision

Building Details

  • Operating Expense $13,511
  • Gross Income $50,400
  • Net Operating Income $36,889

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,241

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Architectural Style: One Story
  • CapRate: 0.09
  • Carport Y N: No
  • Directions: From W Gulf To Lake Hwy to Rt on N Van Nortwick Dr to Rt on Safari Lane to Rt on N Tiger Point Duplex on the Left. Take Right on W Safari Ln from Tiger to Right on Lion Club end of the road on left.
  • Garage Yn: No
  • Unit Levels: One
  • Lot Size Acres: 0.94
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Prop. Type: Residential Income
  • Road Frontage Type: County Road
  • Building Stories: 1
  • Subdivision Name: Forest Hills
  • Year Built: 2004
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Cooktop, Refrigerator
  • Door Features: Sliding Doors
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Sliding Glass Door(s)
  • Living Area: 6600.0

Exterior Features

  • Construction Type: Stucco
  • Exterior Features: Concrete Driveway
  • Foundation Details: Block
  • Lot Features: Flat, Trees
  • Pool Features: None
  • Roof: Asphalt, Shingle
  • Waterfront: No

Garage/Parking

  • Parking Features: Concrete, Driveway, Shared Driveway

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 40946.0
  • Zoning: MDR
  • ResoLotSizeUnits: Acres

Multi Family

  • Annual Gross Income: 50400.0
  • Property Net Operating Income: 36889.22
  • Number Of Units Total: 6
  • Annual Operating Expense: 13510.78

Tax Info

  • Tax Annual Amount: 5240.77
  • Tax Year: 2017
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2019 05/16/19 Sold $410,000 -18.0% $62 / Sq Ft
04/16/2019 04/16/19 Pending -- -- --
08/10/2018 08/10/18 For Sale $500,000 -- $76 / Sq Ft
Source: REALTORS® Association of Citrus County

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,688 $203,270 $12,000 $191,270
2024 $2,517 $176,000 $12,000 $164,000
2023 $2,517 $139,849 $0 $0
2022 $2,167 $135,260 $9,900 $125,360
2021 $1,954 $118,480 $9,900 $108,580
2020 $1,735 $105,070 $9,900 $95,170
2019 $1,751 $104,680 $9,350 $95,330
2018 $1,681 $104,290 $9,350 $94,940
2017 $1,747 $106,260 $9,350 $96,910
2016 $1,804 $105,790 $9,350 $96,440
2015 $1,838 $105,130 $9,350 $95,780
2014 $1,894 $104,853 $11,103 $93,750
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2019

    Elias Kirallah

    Century 21 J.W.Morton R.E.

    (352) 400-2635

    6 in this area

    103 Total Sales

    Elias Kirallah
    Section Image

  • O

    Buyer's Agent in 2019

    Out of Area Non Member

    Various Associations in Florida

See All Agents

Map

Source: REALTORS® Association of Citrus County

MLS Number: 775886

REALTORS® Association of Citrus County

APN: 30-18S-18E-3C030-007.0

Florida Citrus County Lecanto 34461 Lecanto

1207 N Tiger Point, Lecanto, FL

Not Listed for Sale

MultiFamily

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