$260,000
SOLD OCT 1, 2024

1303 S Border Ave Unit A & B Inverness, FL 34452

-- Bed
-- Bath
1,630 Sq Ft
9,670 Sq Ft Lot

Recently Sold

$160 Per Sq Ft

21% Below List Price

51 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Combination Dining and Living Room
  • Covered patio or porch
  • Central Heating and Cooling System
  • High Speed Internet

About This Home

As of October 2024

An incredible TURNKEY investment opportunity within the City of Inverness. This duplex has long term tenants with strong references promising instant cashflow. Each unit has two bedrooms and one bathroom. Property is currently on well and septic and neighboring other multifamily properties. Recent updates include an AC change out in 2018 and a reroof in 2022. Property also has a small side and back yard along with an attached parking lot for tenants. LOCATION LOCATION LOCATION. Conveniently located minutes from down town inverness for all your needs, entertainments, and opportunities. This is a solid unit with a steady production history. Also see listing OM682796 for two adjacent lot purchases.

Last Agent to Sell the Property

Michael Buteau, Jr

LPT REALTY, LLC Brokerage Phone: 877-366-2213 License #3529115 Listed on: 07/26/2024

LPT REALTY, LLC

Last Buyer's Agent

Lynn Harris

ERA AMERICAN SUNCOAST REALTY License #3435328

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,382

Year Built

  • Built in 1984

Lot Details

  • 9,670 Sq Ft Lot
  • Lot Dimensions are 75x129

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,630 Sq Ft Home
  • Combination Dining and Living Room
  • Convection Oven
  • Laundry in unit

Flooring

  • Carpet
  • Tile

Parking

  • Ground Level Parking
  • Open Parking

Outdoor Features

  • Covered patio or porch
  • Private Mailbox

Schools

  • Pleasant Grove Elementary School
  • Inverness Middle School
  • Citrus High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 1,762 Sq Ft Building
  • Inverness Village Unit 03 Subdivision

Building Details

  • Operating Expense $5,160
  • Gross Income $26,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,382

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 1630
  • Lot Size Acres: 0.22
  • New Construction: No
  • Year Built: 1984
  • Building Area Total: 1762
  • Lot Size Sq Ft: 9670
  • Tenant Pays: Electricity, Trash Collection
  • Directions to Property: From East Gulf to Lake Hwy turn right on Crystal Blvd; then follow into curve of S Border Ave; property is on left.
  • Status: Sold
  • Street Direction: S
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Escrow City: Lecanto
  • Escrow Postal Code: 34465
  • Escrow State: FL
  • Escrow Street Name: W Woodview Ln
  • Escrow Street Number: 2704
  • List Office Head Office Key Nume: 524162049
  • RATIO Current Price By Calculate: 159.51
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Attribution Contact: 877-366-2213
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Interior Amenities: Living Room/Dining Room Combo, Ninguno
  • Appliances Included: Convection Oven, Refrigerator
  • Foundation Details: Slab
  • Levels: One
  • Street Number Modifier: 1303
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 151.43

Exterior Features

  • Exterior Features: Other, Private Mailbox
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Ground Level, Open

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Pleasant Grove Elementary School
  • High School: Citrus High School
  • Middle Or Junior School: Inverness Middle School

Lot Info

  • Zoning: LD
  • Parcel Number: 19E-19S-13-0030-00050-0010
  • Additional Parcels: No
  • Lot Dimensions: 75x129
  • Flood Zone Code: X, AE
  • Homestead YN: 0
  • Lot Size Square Meters: 898

Green Features

  • Green Verification Count: 0

Rental Info

  • Total Actual Rent: 2200
  • Lease Restrictions YN: 0
  • Terms Of Lease: Other

Multi Family

  • Gross Income: 26400
  • Number Of Units Total: 2
  • Total Num Buildings: 1
  • Unit Count: 2
  • Total Monthly Expenses: 430

Tax Info

  • Tax Annual Amount: 2382.48
  • Tax Block: 5
  • Tax Book Number: 6-26
  • Tax Lot: 1

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2024 10/01/24 Sold $260,000 -13.0% $160 / Sq Ft
09/17/2024 09/17/24 Pending -- -- --
09/10/2024 09/10/24 Price Changed $299,000 -9.1% $183 / Sq Ft
07/27/2024 07/27/24 For Sale $329,000 -- $202 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: OM682926

Stellar MLS