NOT LISTED FOR SALE

37618 8th Ave Zephyrhills, FL 33542

-- Bed
1 Bath
10,650 Sq Ft
2.89 Acres

Last Sold May 19, 2022

Last sale price $1,340,000 $126 Per Sq Ft

4 Days on Market

Highlights

  • 2.89 Acre Lot
  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • No HOA
  • Shed

About This Home

As of May 2022

Great income producing property with huge upside potential. This property has a total of 18 Units!! 2 Single Family Homes (Both have 2 units; one has a basement, and the other is an attached unit with separate entrance.) a 5-Plex building, 4 Duplexes and a single cottage style unit for a total of 18 rentals. 12 Units are separately metered for electricity and the other 6 units are included in the rent and paid by landlord. Well and septic on site for added value to tenants. Trash is currently provided by the owner, one 8 yard dumpster for the property. Buildings range in age from 1915 to 1981. With the potential of increasing rents to current market and the tax savings of this property being located in the county, this property will be generating great cash flow for years to come! Please call or text with any questions.

Last Agent to Sell the Property

Bill Roose

BINGHAM REALTY INC License #3250691 Listed on: 01/18/2022

Last Buyer's Agent

Alec Anderson

LPT REALTY, LLC License #3335586

LPT REALTY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,277

Year Built

  • Built in 1915

Lot Details

  • 2.89 Acre Lot
  • Dirt Road

Home Design

  • 10,650 Sq Ft Home
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof
  • Block Exterior
  • Vinyl Siding

Outdoor Features

  • Shed

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Heating System Mounted To A Wall or Window
  • Well
  • Septic Tank
  • Cable TV Available

Additional Features

  • Basement

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 8 Buildings
  • 18 Units
  • Zephyrhills Colony Co Subdivision

Building Details

  • Gross Income $173,892

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,277

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Construction Materials: Block, Vinyl Siding, Wood Frame
  • Fireplace: No
  • Living Area: 10650
  • Lot Size Acres: 2.89
  • New Construction: No
  • Year Built: 1915
  • Lot Size Sq Ft: 126000
  • Directions to Property: From US 301 & Noth Ave head South to 1st St. Take a Right on 8th Ave. Property will be on your left. Use Studio Dr. to enter property.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3349674?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3349674?w=Customer
  • Unit Count: 4
  • Homestead Y N: No
  • Total Acreage: 2 to less than 5
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.11667
  • Price per Sq Ft: 125.82
  • Close to Original List Price Ratio: 1.11667
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Other
  • Foundation Details: Basement, Slab
  • Street Number Modifier: 37618
  • Number Of Buildings: 8

Exterior Features

  • Other Structures: Shed(s), Storage
  • Exterior Features: Other
  • Roof: Metal, Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt, Dirt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Fire Hydrant, Water Connected
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Central, 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

Lot Info

  • Zoning: R2
  • Parcel Number: 21-26-10-001.0-102.00-002.0
  • Additional Parcels: No
  • Lot Features: In County
  • Flood Zone Code: X

Rental Info

  • Total Actual Rent: 14491

Multi Family

  • Gross Income: 173892
  • Number Of Units Total: 18

Tax Info

  • Tax Annual Amount: 10276.69
  • Tax Block: 10262
  • Tax Book Number: 1-55
  • Tax Lot: 102

Range of Values:

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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
05/19/2022 05/19/22 Sold $1,340,000 +11.7% $126 / Sq Ft
01/22/2022 01/22/22 Pending -- -- --
01/18/2022 01/18/22 For Sale $1,200,000 +92.0% $113 / Sq Ft
02/20/2019 02/20/19 Sold $625,000 -7.4% $39 / Sq Ft
12/13/2018 12/13/18 Pending -- -- --
12/10/2018 12/10/18 For Sale $675,000 -- $42 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Bill Roose

    Seller's Agent in 2022

    Bill Roose

    BINGHAM REALTY INC

    (813) 505-1289

    5 in this area

    17 Total Sales

    Bill Roose
    Section Image
  • Alec Anderson

    Buyer's Agent in 2022

    Alec Anderson

    LPT REALTY, LLC

    (407) 965-7653

    1 in this area

    22 Total Sales

    Alec Anderson
    Section Image
  • Linda White

    Seller's Agent in 2019

    Linda White

    CENTURY 21 BILL NYE REALTY

    (813) 701-8200

    1 in this area

    10 Total Sales

    Linda White
    Section Image
  • Makenzie Brown

    Seller Co-Listing Agent in 2019

    Makenzie Brown

    King & Associates, LLC

    (813) 782-5506

    21 in this area

    232 Total Sales

    Makenzie Brown
    Section Image
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Map

Source: Stellar MLS

MLS Number: T3349674

Stellar MLS

APN: 10-26-21-0010-10200-0020

Florida Pasco County Zephyrhills 33542

37618 8th Ave, Zephyrhills, FL

This home is located at 37618 8th Ave, Zephyrhills, FL 33542 since 18 January 2022. This property was built in 1915. 37618 8th Ave is a home located in Pasco County with nearby schools including West Zephyrhills Elementary School, Raymond B. Stewart Middle School, and Zephyrhills High 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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