$230,000
SOLD MAR 20, 2020
-- Bed
-- Bath
2,744 Sq Ft
0.28 Acres

Recently Sold

$84 Per Sq Ft

2% Above List Price

22 Days on Market

Highlights

  • City View
  • Property is near public transit
  • No HOA
  • Deck
  • Corner Lot
  • 3-minute walk to Zephyr Park & WaterPlay

About This Home

As of January 2025

***MULTIPLE OFFERS RECEIVED - HIGHEST AND BEST OFFERS DUE BY 10AM FEB 26TH*** LOOKING FOR INCOME? How about gross annual income of $39,000?!? This multi-family property is 100% OCCUPIED and produces great returns! This sale includes 2 separate buildings, and each are on their own parcel. The main building that fronts 5th Avenue (SR 54) is currently used as an income producing triplex which consists of a 2/1 two story unit with central a/c (Apt. 1: $800 monthly includes water), and two 1/1 apartments on the first level (Apt. 2: $600 monthly includes water) (Apt. 3: efficiency for $600 monthly includes water & electric). The additional parcel which is immediately North offers a single story duplex consisting of two 1/1 apartments which are addressed as 5141 & 5143 4th Street (Apts. 4 & 5: $600 each monthly includes water). Apartment 1 and Apartment 3 share an electric meter. All other units have their own electric meter. Each building has its own water meter, and both buildings have been nicely updated. This property’s potential doesn’t end there. The downtown location could not be better suited for business or investment, and with the Commercial TMU Zoning (Traditional Mixed Use), this property offers a variety of income or commercial possibilities. Whether you’re looking for a location for your business, an income producer, or both, this is the property for you. Don't delay! Call today and give yourself a raise with this great opportunity to gain passive income in downtown Zephyrhills!

Last Agent to Sell the Property

Kim Barker

VITIS REALTY License #3181736 Listed on: 02/06/2020

Co-Listed By

Shane Barker

VITIS REALTY License #3222880

Last Buyer's Agent

GM Rentals LLC

DALTON WADE INC License #3399210

DALTON WADE INC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,969

Year Built

  • Built in 1920

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 136x90
  • Corner Lot
  • Additional Parcels

Property Views

  • City
  • Park or Greenbelt

Home Design

  • Bi-Level Home
  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Siding

Interior Spaces

  • 2,744 Sq Ft Home
  • Decorative Fireplace
  • Storage Room
  • Crawl Space
  • Range with Range Hood

Flooring

  • Carpet
  • Laminate
  • Vinyl

Parking

  • On-Street Parking
  • Open Parking

Outdoor Features

  • Deck
  • Screened Patio
  • Porch

Location

  • Property is near public transit
  • City Lot

Schools

  • West Zephyrhills Elemen Elementary School
  • Raymond B Stewart Middle School
  • Zephryhills High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • 3,106 Sq Ft Building
  • City Zephyrhills Subdivision

Recreation

  • Tennis Courts
  • Racquetball
  • Park

Pet Policy

  • No Pets Allowed

Building Details

  • Gross Income $39,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,969

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Construction Materials: Siding, Wood Frame, Wood Siding
  • Fireplace: Yes
  • Living Area: 2744
  • Lot Size Acres: 0.28
  • New Construction: No
  • Year Built: 1920
  • Building Area Total: 3106
  • Lease Term: 12 Months
  • Lot Size Sq Ft: 12240
  • Number Of Lots: 2
  • Tenant Pays: Electricity
  • Directions to Property: From the intersection of Gall Blvd (US Hwy 301) and 5th Ave (SR 54), travel W on 5th Ave. Property is on the R at the corner of 5th Ave and 4th St.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3222879?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3222879?w=Customer
  • Unit Count: 4
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.02268
  • Price per Sq Ft: 83.82
  • Close to Original List Price Ratio: 1.02268
  • Ratio: Current Price\Building Area Total: 74.05
  • View: Yes
  • Co List Office Mls Id: 254590063
  • Co List Office Phone: 352-437-5673
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Decorative
  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate, Vinyl
  • Appliances Included: Electric Water Heater, Range, Range Hood, Refrigerator
  • Foundation Details: Crawlspace, Slab
  • Levels: Two
  • Street Number Modifier: 38155
  • Additional Rooms: Storage Rooms
  • Number Of Buildings: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Sidewalk
  • Roof: Metal
  • Pool Private: No
  • View: City, Park
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12101C0456F
  • Disclosures: Lead Paint, Other

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Guest, None, On Street, Open
  • Open Parking: Yes

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Central, Wall Units / Window Unit
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Park, Racquetball, Sidewalk, Tennis Courts
  • Association Amenities: Park, Racquetball, Tennis Court(s)
  • Association: No
  • Senior Community: No
  • Association Fee Requirement: None

Schools

  • Elementary School: West Zephyrhills Elemen-PO
  • High School: Zephryhills High School-PO
  • Middle Or Junior School: Raymond B Stewart Middle-PO

Lot Info

  • Zoning: TMU
  • Parcel Number: 11-26-21-0010-15700-0060
  • Additional Parcels Description: 11-26-21-0010-15700-0065
  • Additional Parcels: Yes
  • Lot Features: Corner Lot, City Lot, Near Public Transit, Sidewalk
  • Lot Dimensions: 136X90
  • Property Attached Yn: No
  • Flood Zone Code: X
  • Flood Zone Date: 2014-09-26
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No
  • Total Actual Rent: 3250

Multi Family

  • Gross Income: 39000
  • Number Of Units Total: 5

Tax Info

  • Tax Annual Amount: 2969
  • Tax Block: 157
  • Tax Book Number: 1-54
  • Tax Lot: 6

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
01/31/2025 01/31/25 Sold $450,000 -6.1% $164 / Sq Ft
01/18/2025 01/18/25 Pending -- -- --
01/18/2025 01/18/25 Price Changed $479,000 0.0% $175 / Sq Ft
01/18/2025 01/18/25 For Sale $479,000 0.0% $175 / Sq Ft
12/10/2024 12/10/24 Pending -- -- --
12/06/2024 12/06/24 Price Changed $479,000 -2.0% $175 / Sq Ft
11/25/2024 11/25/24 Price Changed $489,000 -1.0% $178 / Sq Ft
10/14/2024 10/14/24 Price Changed $494,000 -1.0% $180 / Sq Ft
10/04/2024 10/04/24 For Sale $499,000 0.0% $182 / Sq Ft
04/19/2021 04/19/21 Off Market $995 -- --
01/18/2021 01/18/21 Rented $995 0.0% --
01/11/2021 01/11/21 Price Changed $995 -5.2% $1 / Sq Ft
12/26/2020 12/26/20 For Rent $1,050 +45.8% --
11/20/2020 11/20/20 Rented $720 0.0% --
11/12/2020 11/12/20 For Rent $720 0.0% --
03/20/2020 03/20/20 Sold $230,000 +2.3% $84 / Sq Ft
02/27/2020 02/27/20 Pending -- -- --
02/24/2020 02/24/20 For Sale $224,900 -2.2% $82 / Sq Ft
02/11/2020 02/11/20 Off Market $230,000 -- --
02/05/2020 02/05/20 For Sale $224,900 -- $82 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3222879

Stellar MLS