$659,000
SOLD FEB 20, 2025
9 Beds
6 Baths
3,047 Sq Ft
0.3 Acres

Recently Sold

$216 Per Sq Ft

14 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • No HOA
  • Ceiling Fan
  • Frank E. Brigham Academy Rated 9+
  • Central Heating and Cooling System
  • Dogs and Cats Allowed

About This Home

As of February 2025

This centrally located quadplex is available and an excellent opportunity for investors looking for a strong cash flow or a savvy buyer looking to occupy one unit while renting out the others. With a strong occupancy history and low vacancy rate, it offers reliable cash flow potential. The property features four well-maintained units with a new roof in 2021. Unit A is a spacious 3-bedroom, 2-bath with a new water heater and updated kitchen and bathrooms. Unit B is a 3-bedroom, 1.5-bath with a new HVAC system (2023) and updated kitchen and bathrooms. Unit C is a 1-bedroom, 1-bath with an updated bathroom, while Unit D is a 2-bedroom, 1-bath with a new water heater (2023) and updated kitchen and bathrooms. All units have newer flooring, and the building’s roof was replaced in 2021. HVAC units were replaced in 2014 and 2021, ensuring comfort and efficiency. For convenience, each unit has separately metered electric and water services. Whether you’re looking to expand your investment portfolio or live in one unit while generating rental income from the others, this quadplex is a great option with strong rental demand in the area. TENANT OCCUPIED. PLEASE DO NOT DISTURB.

Last Agent to Sell the Property

Terry Connors

THE SHOP REAL ESTATE CO. Brokerage Phone: 727-593-7777 License #3323771 Listed on: 01/17/2025

Last Buyer's Agent

Billy Fisher

ROBERT SLACK LLC License #3540263

ROBERT SLACK LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,691

Year Built

  • Built in 1973

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 109x120

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 3,047 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Laundry in unit

Kitchen

  • <<convectionOvenToken>>
  • Cooktop<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Primary Bedroom on Main
  • 6 Bathrooms

Parking

  • Common or Shared Parking
  • Ground Level Parking
  • Driveway
  • Off-Street Parking

Schools

  • John Snively Elementary School
  • Denison Middle School
  • Winter Haven Senior High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Terrace Gardens Subdivision

Pet Policy

  • Dogs and Cats Allowed

Building Details

  • Gross Income $68,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,691

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Block, Brick
  • Fireplace: No
  • Living Area: 3047
  • Lot Size Acres: 0.3
  • New Construction: No
  • Year Built: 1973
  • Lease Term: Twelve Months
  • Lot Size Sq Ft: 12881
  • Directions to Property: Take US-17 toward Cypress Garden Blvd. Head east on Cypress Gardens Blvd. Turn right onto 3rd St SE. Turn right onto 3rd Ct SE and destination will be on your left.
  • Status: Sold
  • Street Post Direction: SE
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 541104198
  • RATIO Current Price By Calculate: 216.28
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • Attribution Contact: 727-593-7777
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ceiling Fans(s), Primary Bedroom Main Floor, Thermostat
  • Appliances Included: Convection Oven, Cooktop, Dishwasher, Microwave, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 9
  • Levels: One
  • Window Features: Blinds
  • Street Number Modifier: 1804
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 283.08

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Disclosures: Other Disclosures
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Common, Driveway, Ground Level, Off Street

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Individually Metered: Electric,Water

Condo/Co-op/Association

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

Fee Information

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

Schools

  • Elementary School: John Snively Elem
  • High School: Winter Haven Senior
  • Middle Or Junior School: Denison Middle

Lot Info

  • Zoning: R-4
  • Parcel Number: 26-28-33-658200-000320
  • Additional Parcels: No
  • Lot Dimensions: 109x120
  • Flood Zone Code: X
  • Lot Size Square Meters: 1197

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Cats OK, Dogs OK
  • Lease Restrictions YN: 0

Multi Family

  • Gross Income: 68700
  • Number Of Units Total: 4
  • Total Num Buildings: 1
  • Unit Count: 4

Tax Info

  • Tax Annual Amount: 5691.36
  • Tax Book Number: 46-46
  • Tax Lot: 32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2025
Closed on
Feb 20, 2025
Sold by
Trust No 1804-3 and Wh Property Llc
Bought by
Gms Investment Property Llc
Seller's Agent
Terry Connors
THE SHOP REAL ESTATE CO.
Buyer's Agent
Billy Fisher
ROBERT SLACK LLC
List Price
$659,000
Sold Price
$659,000
Views
27

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.75%

Purchase Details

Closed on
Feb 28, 2022
Sold by
Rajendra Desai Neel
Bought by
Wh Property Llc

Purchase Details

Listed on
Aug 18, 2021
Closed on
Sep 30, 2021
Sold by
Wright Carole R
Bought by
Desai Neel Rajendra
Seller's Agent
Steve Lockhart
LOCKHART & ASSOCIATES INC
Buyer's Agent
Terry Connors
THE SHOP REAL ESTATE CO.
List Price
$339,900
Sold Price
$375,000
Premium/Discount to List
$35,100
10.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.13%
Original Mortgage
$281,250
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2001
Sold by
Jones Carolyn E
Bought by
Wright Carole R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
7.02%
Source: Public Records

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Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $659,000 Title Agency
Warranty Deed -- None Listed On Document
Warranty Deed $375,000 The Title Station Inc
Warranty Deed $152,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $281,250 New Conventional
Previous Owner $114,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/04/2025 07/04/25 For Rent $1,400 0.0% --
02/20/2025 02/20/25 Sold $659,000 0.0% $216 / Sq Ft
01/31/2025 01/31/25 Pending -- -- --
01/17/2025 01/17/25 For Sale $659,000 0.0% $216 / Sq Ft
07/01/2023 07/01/23 Rented $1,295 0.0% --
06/30/2023 06/30/23 Under Contract -- -- --
06/29/2023 06/29/23 For Rent $1,295 0.0% --
09/30/2021 09/30/21 Sold $375,000 +10.3% $123 / Sq Ft
08/20/2021 08/20/21 Pending -- -- --
08/18/2021 08/18/21 For Sale $339,900 -- $112 / Sq Ft
Source: Stellar MLS

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
2023 $5,691 $306,155 $42,000 $264,155
2022 $5,336 $283,283 $35,000 $248,283
2021 $2,929 $87,931 $0 $0
2020 $2,572 $79,937 $30,444 $49,493
2018 $2,549 $84,501 $30,444 $54,057
2017 $2,528 $83,610 $0 $0
2016 $2,418 $80,772 $0 $0
2015 $1,226 $78,454 $0 $0
2014 $540 $74,605 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: TB8336973

Stellar MLS

APN: 26-28-33-658200-000320