S
Seller's Agent in 2025
Solveig Frings
ENGEL & VOLKERS OCALA
(352) 547-2404
1 in this area
86 Total Sales
403 NE 11th Ave Williston, FL 32696
2
Beds
1
Bath
11,280
Sq Ft
1
Acres
Highlights
- 1 Acre Lot
- Eat-In Kitchen
- Ceiling Fan
- No HOA
- Central Air
- Heating Available
About This Home
As of September 2025Turnkey investment opportunity! This 16 unit multifamily complex is located in a high-demand area and is fully rented, offering steady cash flow from day one. The property sits on a great location, close to historic downtown/ Main Street Williston, Homestead Park, restaurants and shopping. With a short 30 min drive to either Gainesville or Ocala the location is perfect for commute to work, but living in peaceful country side. Owner has updated some units, replaced most water heaters, some AC units, flooring and appliances. All apartments have inside washer/dryer hook up for tenants convenience. Tenants pay own electric and water bill. Listings is 2 parcels.
Please do not approach tenants. Listing agent will accompany any showings. Drive by only. Owner will replace all roofs with an acceptable contract prior to closing.
Last Agent to Sell the Property
ENGEL & VOLKERS OCALA Brokerage Phone: 352-820-4770 License #3068294 Listed on: 04/18/2025
Last Buyer's Agent
ENGEL & VOLKERS OCALA Brokerage Phone: 352-820-4770 License #3068294 Listed on: 04/18/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,000
Year Built
- Built in 1986
Home Design
- Quadruplex
- Tri-Level Property
- Slab Foundation
- Shingle Roof
- Block Exterior
- Stucco
Interior Spaces
- 11,280 Sq Ft Home
- Ceiling Fan
- Eat-In Kitchen
- Laundry in unit
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Parking
- Parking Pad
- Open Parking
Utilities
- Central Air
- Heating Available
Additional Features
- Exterior Lighting
- 1 Acre Lot
Listing and Financial Details
- Visit Down Payment Resource Website
- Tenant pays for electricity, water
- Tax Lot 1
- Assessor Parcel Number 1827900000
Community Details
Overview
- No Home Owners Association
- 4 Buildings
- 16 Units
- Northwood Est Subdivision
Building Details
- Gross Income $134,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 18, 2025
Closed on
Sep 19, 2025
Sold by
Peterson Florida Enterprises Inc
Bought by
Shony Llc
Seller's Agent
Solveig Frings
ENGEL & VOLKERS OCALA
Buyer's Agent
Solveig Frings
ENGEL & VOLKERS OCALA
List Price
$1,580,000
Sold Price
$1,200,000
Premium/Discount to List
-$380,000
-24.05%
Views
18
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,667
Avg. Annual Appreciation
65.30%
Original Mortgage
$750,000
Outstanding Balance
$750,000
Interest Rate
6.63%
Mortgage Type
Construction
Estimated Equity
$610,667
Purchase Details
Closed on
Jul 12, 2006
Sold by
Promise Acres I Llc
Bought by
Petersen Florida Enterprises Inc
Purchase Details
Closed on
Jun 16, 2005
Sold by
Topkatz Llc
Bought by
Promise Acres I Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
10%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,200,000 | Signature Title | |
| Warranty Deed | $1,200,000 | Signature Title | |
| Warranty Deed | $440,000 | None Available | |
| Warranty Deed | $371,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $750,000 | Construction | |
| Closed | $750,000 | Construction | |
| Previous Owner | $370,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/19/2025 09/19/25 | Sold | $1,200,000 | -24.1% | $106 / Sq Ft |
| 06/19/2025 06/19/25 | Pending | -- | -- | -- |
| 04/18/2025 04/18/25 | For Sale | $1,580,000 | -- | $140 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
Tax History
| 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 |
|---|---|---|---|---|
| 2025 | $8,378 | $566,187 | $75,000 | $491,187 |
| 2024 | $8,378 | $380,317 | $58,500 | $321,817 |
| 2023 | $8,202 | $305,718 | $0 | $0 |
| 2022 | $7,609 | $353,845 | $52,500 | $301,345 |
| 2021 | $6,760 | $252,659 | $52,500 | $200,159 |
| 2020 | $6,703 | $251,504 | $0 | $0 |
| 2019 | $6,458 | $251,504 | $0 | $0 |
| 2018 | $6,456 | $251,627 | $0 | $0 |
| 2017 | $6,227 | $242,627 | $0 | $0 |
| 2016 | $6,334 | $242,627 | $0 | $0 |
| 2015 | $6,300 | $245,067 | $0 | $0 |
| 2014 | $6,154 | $237,681 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Solveig Frings
Map
Source: Stellar MLS
MLS Number: OM699589
APN: 18279-000-00
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.
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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