424 E Welch Rd Apopka, FL 32712
Estimated payment $5,180/month
Highlights
- 4.4 Acre Lot
- No HOA
- Combination Dining and Living Room
- Solid Surface Countertops
- Central Heating and Cooling System
- Fenced
About This Home
Income-producing property with additional land and operational upside on nearly 5 acres in Apopka. This unique offering includes two currently leased homes generating a combined monthly income of $3,700, providing stable cash flow with leases in place through June and October 2026. Zoned RCE, the property also features a 10,027 sq ft shade house with active irrigation, a new well pump, and updated irrigation system, along with a 26’ x 18’ air-conditioned small warehouse, a 40’ storage container, and a T-pole with power—offering multiple avenues for future income generation or owner-user operations. This is an ideal opportunity for buyers seeking a property with existing income, land value, and the ability to enhance returns over time through agricultural use, business operations, or repositioning. 416 E Welch Road, Apopka, FL is included in this sale and must be purchased together with 424 E Welch Road. Buyer to verify all room dimensions.
Listing Agent
COLDWELL BANKER REALTY Brokerage Phone: 407-647-1211 License #3320505 Listed on: 06/29/2024
Co-Listing Agent
COLDWELL BANKER REALTY Brokerage Phone: 407-647-1211 License #3631023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,166
Year Built
- Built in 1986
Lot Details
- 4.4 Acre Lot
- Fenced
- Well Sprinkler System
- Additional Parcels
Home Design
- Duplex
- Frame Construction
- Shingle Roof
- Stucco
Interior Spaces
- 2,008 Sq Ft Home
- Combination Dining and Living Room
- Crawl Space
- Solid Surface Countertops
- Laundry in unit
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Utilities
- Central Heating and Cooling System
- Mini Split Air Conditioners
- Well
- Septic Tank
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 22
- Assessor Parcel Number 34-20-28-9550-00-220
Community Details
Overview
- No Home Owners Association
- 2 Units
- 2,160 Sq Ft Building
- Apopka Ranches Subdivision
Building Details
- Gross Income $44,000
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,502 | $460,372 | $254,100 | $206,272 |
| 2024 | $6,166 | $439,465 | -- | -- |
| 2023 | $6,166 | $418,522 | $254,100 | $164,422 |
| 2022 | $5,682 | $409,561 | $242,000 | $167,561 |
| 2021 | $4,757 | $294,886 | $154,000 | $140,886 |
| 2020 | $4,404 | $296,809 | $154,000 | $142,809 |
| 2019 | $3,999 | $243,627 | $101,200 | $142,427 |
| 2018 | $3,821 | $230,236 | $90,040 | $140,196 |
| 2017 | $3,706 | $224,043 | $90,040 | $134,003 |
| 2016 | $2,632 | $158,008 | $26,120 | $131,888 |
| 2015 | $2,574 | $155,619 | $26,120 | $129,499 |
| 2014 | $2,330 | $138,340 | $29,835 | $108,505 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/12/2026 01/12/26 | Price Changed | $874,000 | 0.0% | $435 / Sq Ft | |
| 01/12/2026 01/12/26 | Price Changed | $874,000 | -2.8% | $435 / Sq Ft | |
| 08/30/2024 08/30/24 | Price Changed | $899,000 | 0.0% | $448 / Sq Ft | |
| 08/30/2024 08/30/24 | Price Changed | $899,000 | -5.3% | $448 / Sq Ft | |
| 08/22/2024 08/22/24 | Price Changed | $949,000 | 0.0% | $473 / Sq Ft | |
| 08/22/2024 08/22/24 | Price Changed | $949,000 | -18.1% | $473 / Sq Ft | |
| 07/30/2024 07/30/24 | Price Changed | $1,159,000 | 0.0% | $577 / Sq Ft | |
| 07/30/2024 07/30/24 | Price Changed | $1,159,000 | -3.4% | $577 / Sq Ft | |
| 06/29/2024 06/29/24 | For Sale | $1,200,000 | 0.0% | $598 / Sq Ft | |
| 06/21/2024 06/21/24 | For Sale | $1,200,000 | +179.1% | $598 / Sq Ft | |
| 12/01/2020 12/01/20 | Sold | $430,000 | -4.2% | $216 / Sq Ft | View Prior Sale |
| 10/12/2020 10/12/20 | Pending | -- | -- | -- | |
| 01/13/2020 01/13/20 | Price Changed | $449,000 | -5.5% | $225 / Sq Ft | |
| 02/24/2019 02/24/19 | For Sale | $475,000 | -- | $238 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $320,000 | Fidelity National Title | |
| Warranty Deed | $320,000 | Fidelity National Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $256,000 | New Conventional |
Source: Stellar MLS
MLS Number: O6219312
APN: 34-2028-9550-00-220
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Based on information submitted to the MLS GRID
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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