NOT LISTED FOR SALE

403 NE 11th Ave Williston, FL 32696

Estimated Value: $1,251,742 - $1,338,000

2 Beds
1 Bath
11,280 Sq Ft
$115/Sq Ft Est. Value

Sale Details

Date Sold: September 19, 2025

Last sale price $1,200,000 $106 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $7,708 / mo

62 Days on Market

Highlights

  • 1 Acre Lot
  • Eat-In Kitchen
  • Ceiling Fan
  • No HOA
  • Central Air
  • Heating Available

About This Home

As of September 2025

Turnkey 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

Solveig Cumston

ENGEL & VOLKERS OCALA Brokerage Phone: 352-820-4770 License #3068294 Listed on: 04/18/2025

ENGEL & VOLKERS OCALA

Last Buyer's Agent

Solveig Cumston

ENGEL & VOLKERS OCALA Brokerage Phone: 352-820-4770 License #3068294 Listed on: 04/18/2025

ENGEL & VOLKERS OCALA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,000

Year Built

  • Built in 1986

Lot Details

  • 1

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

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 16 Units
  • Northwood Est Subdivision

Building Details

  • Gross Income $134,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,000

Year Built

Built in 1986

Lot Details

1 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 11280
  • Lot Size Acres: 1
  • New Construction: No
  • Year Built: 1986
  • Lease Term: Twelve Months
  • Lot Size Sq Ft: 43560
  • Tenant Pays: Electricity, Water
  • Status: Sold
  • Street Direction: NE
  • Ownership: Fee Simple
  • Escrow City: Ocala
  • Escrow State: FL
  • Escrow Street Name: SW 12th Ave
  • RATIO Current Price By Calculate: 106.38
  • Total Acreage: 1 to less than 2
  • Water Access YN: 0
  • Attribution Contact: 352-820-4770
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: Three Or More
  • Living Area Meters: 1047.95

Exterior Features

  • Exterior Features: Lighting, Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Open, Parking Pad

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: LT
  • Parcel Number: 1827900000
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Total Actual Rent: 700

Multi Family

  • Gross Income: 134000
  • Number Of Units Total: 16
  • Total Num Buildings: 4
  • Unit Count: 1

Tax Info

  • Tax Annual Amount: 16000
  • Tax Lot: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2025
Closed on
Sep 19, 2025
Sold by
Bought by
Seller's Agent
Solveig Cumston
ENGEL & VOLKERS OCALA
Buyer's Agent
Solveig Cumston
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
$1,300,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,436
Avg. Annual Appreciation
11.16%
Original Mortgage
$750,000
Outstanding Balance
$750,000
Interest Rate
6.63%
Mortgage Type
Construction
Estimated Equity
$550,436

Purchase Details

Closed on
Jul 12, 2006
Sold by
Bought by

Purchase Details

Closed on
Jun 16, 2005
Sold by
Bought by

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%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,200,000 Signature Title
$1,200,000 Signature Title
$440,000 None Available
$371,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $750,000
Closed $750,000
Previous Owner $370,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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Map

Source: Stellar MLS

MLS Number: OM699589

Stellar MLS

APN: 18279-000-00

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