NOT LISTED FOR SALE

208 S Belleview Way Inverness, FL 34450

-- Bed
-- Bath
6,080 Sq Ft
0.53 Acres

Last Sold April 08, 2024

Last sale price $615,000 $101 Per Sq Ft

16 Days on Market

Highlights

  • No HOA
  • Courtyard
  • Ceramic Tile Flooring
  • Cooling System Mounted To A Wall/Window
  • Shed
  • Rectangular Lot

About This Home

As of April 2024

Discover an investment opportunity in Point O' Woods! This property features two quadraplexes with a total of 8 units, each offering two bedrooms, one bathroom, and convenient laundry hookups. With tenants responsible for electric bills and the owner covering water expenses, it ensures a streamlined investment. Situated across from the esteemed Point O' Woods Golf Club, and surrounded by attractions like downtown Inverness, The Chain of Lakes, Withlacoochee River, boat ramps, I75, and The Withlacoochee Forest, this investment promises both financial returns and a prime location for future growth.

Last Agent to Sell the Property

David Ivory

RE/MAX Realty One License #3109873 Listed on: 01/29/2024

RE/MAX Realty One

Last Buyer's Agent

Orlando Regional Member

Orlando Regional Realtor Association Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,588

Year Built

  • Built in 1969

Lot Details

  • 0.53 Acre Lot
  • Rectangular Lot
  • Level Lot

Home Design

  • 6,080 Sq Ft Home
  • Quadruplex
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Concrete Block And Stucco Construction

Kitchen

  • Electric Oven
  • Electric Range

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Courtyard
  • Shed

Schools

  • Inverness Primary Elementary School
  • Inverness Middle School
  • Citrus High School

Utilities

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

Community Details

Overview

  • No Home Owners Association
  • 8 Units
  • Point O Woods Subdivision

Building Details

  • Operating Expense $15,949
  • Gross Income $69,120
  • Net Operating Income $53,171

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,588

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Architectural Style: Fourplex
  • CapRate: 0.09
  • Directions: Hwy 44 to left on Gospel Island Rd to right on Golf Harbor Path to right on Belle View Way. Property on right. Sign sign.
  • Lot Size Acres: 0.53
  • New Construction: No
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Prop. Type: Residential Income
  • Road Surface Type: Paved
  • Subdivision Name: Point O Woods
  • Year Built: 1969
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Appliances: Electric Oven, Electric Range, Refrigerator
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 6080.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Block, Concrete
  • Exterior Features: Courtyard, Paved Driveway
  • Foundation Details: Block
  • Lot Features: Flat, Rectangular
  • Other Structures: Shed(s)
  • Pool Features: None
  • Roof: Asphalt, Shingle
  • Waterfront: No

Garage/Parking

  • Parking Features: Driveway, Paved

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: Septic Tank

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Inverness Primary
  • High School: Citrus High
  • Middle Or Junior School: Inverness Middle

Lot Info

  • Lot Size Sq Ft: 23024.0
  • Zoning: CLR
  • ResoLotSizeUnits: Acres

Multi Family

  • Annual Gross Income: 69120.0
  • Property Net Operating Income: 53170.8
  • Number Of Units Total: 8
  • Annual Operating Expense: 15949.2

Tax Info

  • Tax Annual Amount: 6588.06
  • Tax Year: 2023

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
04/08/2024 04/08/24 Sold $615,000 -3.9% $101 / Sq Ft
02/15/2024 02/15/24 Pending -- -- --
01/29/2024 01/29/24 For Sale $640,000 -- $105 / Sq Ft
Source: REALTORS® Association of Citrus County

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 830467

REALTORS® Association of Citrus County