NOT LISTED FOR SALE
2 Beds
3 Baths
3,098 Sq Ft
8,789 Sq Ft Lot

Sale Details

Date Sold: January 27, 2023

Last sale price $820,000 $265 Per Sq Ft

2 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Maintained Community

About This Home

As of January 2023

Huge Upside Potential of 11 Affordable Apartments near Downtown Winter Park! Current Occupancy is 8 out of 11 units. 3 1bedroom Units and 8 Efficiency Type Units. 7.98% Proforma Cap at Market Rents. Priced at only $77,272 per unit! Landlord provides Electric, Water, Septic and Gas. Investment package available. Please do not disturb tenants.

Last Agent to Sell the Property

Jesse Tortorice

Spectrum, Inc. License #3031729 Listed on: 11/11/2022

Last Buyer's Agent

Jesse Tortorice

Spectrum, Inc. License #3031729 Listed on: 11/11/2022

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,021

Year Built

  • Built in 1945

Lot Details

  • 8,789 Sq Ft Lot

Home Design

  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 3,098 Sq Ft Home
  • 2-Story Property
  • Electric Range

Flooring

  • Laminate
  • Tile

Utilities

  • Cooling System Mounted To A Wall/Window
  • Septic Tank

Community Details

  • No Home Owners Association
  • 11 Units
  • Maintained Community

Listing and Financial Details

  • The owner pays for electricity, gas, grounds care, insurance, management, repairs, sewer, taxes, water
  • Assessor Parcel Number 12 22 29 8272 03 110

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,021

Year Built

Built in 1945

Lot Details

8,789 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1945
  • Reso Property Sub Type: Multi Family
  • Reso Association Amenities: Management - Off Site
  • ResoSpecialListingConditions: Standard
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Location Tax and Legal Parcel Number2: 12 22 29 8272 03 110
  • Location Tax and Legal Tax Annual Amount: 10020.8
  • Location Tax and Legal Tax Year2: 2022
  • General Property Information Living Area2: 3098.0
  • General Property Information Building Area Total3: 3182.0
  • General Property Information Lot Size Acres: 0.2
  • General Property Information Lot Size Square Feet2: 8789.0
  • General Property Information Waterfront YN: No
  • Appliances Refrigerators: Yes
  • Flooring Laminate: Yes
  • Flooring Tile: Yes
  • Levels Two: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • General Property Information Number Of Units Total2: 11.0
  • Utilities Electricity Available: Yes
  • Cooling WallWindow Unit(s): Yes
  • Owner Pays:Sewer2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Laminate, Tile
  • Appliances: Electric Range, Refrigerator
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Range: Yes

Exterior Features

  • Pool Features: None
  • Acres: 0.2
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Cooling: Wall/Window Unit(s)
  • Utilities: Electricity Available, Water Available
  • Cooling Y N: Yes
  • Water Source: Public
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Size Sq Ft: 8789.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 12 22 29 8272 03 110
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Electricity, Gas, Grounds Care, Insurance, Management, Repairs, Sewer, Taxes, Water

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 10020.8

Multi Family

  • Number Of Units Total: 11

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2022
Closed on
Jan 26, 2023
Sold by
Bought by
Seller's Agent
Jesse Tortorice
Spectrum, Inc.
Buyer's Agent
Jesse Tortorice
Spectrum, Inc.
List Price
$850,000
Sold Price
$820,000
Premium/Discount to List
-$30,000
-3.53%
Views
164

Purchase Details

Closed on
Oct 17, 2008
Sold by
Bought by

Purchase Details

Closed on
Oct 14, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
5.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 20, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
5.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 26, 2002
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$820,000 Sunbelt Title Agency
$565,000 First Advantage Title Partne
$550,000 Sentry Title Company
-- Sentry Title Company
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $440,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/27/2023 01/27/23 Sold $820,000 -3.5% $265 / Sq Ft
11/14/2022 11/14/22 Pending -- -- --
11/11/2022 11/11/22 For Sale $850,000 -- $274 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $12,542 $766,743 $625,923 $140,820
2025 $12,542 $779,713 $625,923 $153,790
2024 $11,022 $738,387 $596,117 $142,270
2023 $11,022 $728,712 $596,117 $132,595
2022 $10,021 $656,589 $540,696 $115,893
2021 $9,173 $580,093 $509,850 $70,243
2020 $8,764 $580,093 $509,850 $70,243
2019 $8,640 $555,684 $495,000 $60,684
2018 $7,923 $500,417 $275,000 $225,417
2017 $7,613 $498,569 $169,950 $328,619
2016 $9,288 $453,987 $165,000 $288,987
2015 $6,607 $362,883 $165,000 $197,883
2014 $6,118 $320,046 $165,000 $155,046
Source: Public Records

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Map

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 950398

Space Coast MLS (Space Coast Association of REALTORS®)
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