NOT LISTED FOR SALE

198 Broad St Brooksville, FL 34604

1 Bed
1 Bath
8,025 Sq Ft
2.14 Acres

Last Sold December 31, 2021

Last sale price $600,000 $75 Per Sq Ft

38 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

About This Home

As of December 2021

INCOME-PRODUCING, 16 unit, multi-family property on over 2 acres with split zoning (C1 and R1A) . C1 zoning directly on US 41 (Broad Street) where the 4 efficiency apartments are located (approximately 75 feet of C1 on US 41 and C1 on the south of the of the property. Property is made up of 6 lots (each is 60 x 260). Property has a total of 360 feet of road frontage on US 41. Daily Traffic Count = 15,300 (and growing!!). Property is made up of 4 apartments, 6 single family homes, and 6 mobile homes. The value is in the land, its location, and its zoning. The income producing units are the plus. Call to schedule a showing. P&L report from Jan-October 2021...from seller shows $40,000+ net income prior to property taxes. 4 units not rented during this time, so potential is there: office manager's house (manages property in exchange for free rent), another house to maintenance man who was not doing his job and was evicted so house can be rented), two of the mobiles (need some work before they can be rented). Owner will finance with $200,000 down, 6% interest, amortized at 15 years, with a 4 year balloon.

Last Agent to Sell the Property

Kimberly Pye

HOME LAND REAL ESTATE INC License #3315876 Listed on: 10/25/2021

Last Buyer's Agent

Darrell Nunnelley

VINTAGE REALTY GROUP LLC License #433979

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,154

Year Built

  • Built in 1945

Lot Details

  • 2.14 Acre Lot

Parking

  • 2 Carport Spaces

Home Design

  • Slab Foundation
  • Steel Frame
  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof
  • Block Exterior

Interior Spaces

  • 8,025 Sq Ft Home
  • Crawl Space

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Propane
  • Well
  • Septic Tank

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 16 Units
  • 10,089 Sq Ft Building
  • Masaryktown Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,154

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Construction Materials: Block, Metal Frame, Wood Frame
  • Fireplace: No
  • Living Area: 8025
  • Lot Size Acres: 2.14
  • New Construction: No
  • Year Built: 1945
  • Building Area Total: 10089
  • Lot Size Sq Ft: 93156
  • Directions to Property: From County Line Road between Pasco and Hernando counties, drive North on US 42 (Broad Street). Property is on the right.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/W7839339?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/W7839339?w=Customer
  • Total Acreage: 2 to less than 5
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.9375
  • Price per Sq Ft: 74.77
  • Close to Original List Price Ratio: 0.9375
  • Ratio: Current Price\Building Area Total: 59.47
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Other
  • Foundation Details: Crawlspace, Slab
  • Levels: One
  • Street Number Modifier: 198
  • Number Of Buildings: 13

Exterior Features

  • Exterior Features: Other
  • Roof: Metal, Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Lead Paint

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected, Propane
  • Cooling: Wall/Window Unit(s)
  • Heating: Wall Units / Window Unit
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

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

Lot Info

  • Zoning: C1 R1A MH
  • Parcel Number: R36-223-18-2690-0150-0030
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: Owner determines leasing restrictions. Not intended for nightly rentals.

Multi Family

  • Number Of Units Total: 16

Tax Info

  • Tax Annual Amount: 10153.8
  • Tax Block: 15
  • Tax Book Number: 3-40
  • Tax Lot: 3

Range of Values:

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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 Change Sq Ft Price
12/31/2021 12/31/21 Sold $600,000 -6.3% $75 / Sq Ft
11/28/2021 11/28/21 Pending -- -- --
11/18/2021 11/18/21 For Sale $640,000 0.0% $80 / Sq Ft
10/28/2021 10/28/21 Pending -- -- --
10/21/2021 10/21/21 For Sale $640,000 -- $80 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kimberly Pye

    Seller's Agent in 2021

    Kimberly Pye

    HOME LAND REAL ESTATE INC

    (352) 397-8514

    686 Total Sales

    Kimberly Pye
    Section Image
  • Darrell Nunnelley

    Buyer's Agent in 2021

    Darrell Nunnelley

    VINTAGE REALTY GROUP LLC

    (407) 467-8069

    119 Total Sales

    Darrell Nunnelley
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: W7839339

Stellar MLS

APN: R36-223-18-2690-0150-0030

Florida Hernando County Brooksville 34604

198 Broad St, Brooksville, FL

This home is located at 198 Broad St, Brooksville, FL 34604 since 25 October 2021. This property was built in 1945. 198 Broad St is a home located in Hernando County with nearby schools including Moton Elementary School, Hernando High School, and D. S. Parrott Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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