NOT LISTED FOR SALE

449 S Bluford Ave Ocoee, FL 34761

5 Beds
5 Baths
3,589 Sq Ft
0.78 Acres

Last Sold September 11, 2019

Last sale price $355,000 $99 Per Sq Ft

27 Days on Market

Highlights

  • The property is located in a historic district
  • 0.78 Acre Lot
  • Attic
  • City View
  • Wood Flooring
  • No HOA

About This Home

As of September 2019

INVESTMENT ALERT!! Don't miss this amazing opportunity to own this 6 unit, TURNKEY, FULLY OCCUPIED with long term tenants, income producing property! Located in the historic district of Ocoee, this property features three 1 bedroom, 1 bathroom units, two 2 bedroom, 1 bathroom units, and an efficiency, producing a total of $55,500** in gross income with a CAP RATE JUST UNDER 10%! (9.8%)**The City of Ocoee has set aside several million dollars to redevelop the downtown, increasing future property values. With a newer roof, newer siding, AND AN ADDITIONAL ADJACENT LOT you can build an additional residence on, this property is a steal and wont last long!

Last Agent to Sell the Property

Jason Asa

LPT REALTY, LLC License #3148856 Listed on: 07/18/2019

LPT REALTY, LLC

Co-Listed By

Kim Coarse

REAL BROKER, LLC License #3346001

Last Buyer's Agent

Orianna Gil Hernandez

FLORIDA PRESTIGIOUS HOMES INC License #3379693

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,473

Year Built

  • Built in 1910

Lot Details

  • 0.78 Acre Lot
  • Lot Dimensions are 181x187
  • Fenced
  • Oversized Lot

Home Design

  • Bi-Level Home
  • Slab Foundation
  • Metal Roof
  • Siding

Interior Spaces

  • 3,589 Sq Ft Home
  • Ceiling Fan
  • City Views
  • Attic

Kitchen

  • Cooktop
  • Solid Wood Cabinet

Flooring

  • Wood
  • Tile

Parking

  • 3 Carport Spaces
  • Oversized Parking
  • Common or Shared Parking
  • Driveway
  • Guest Parking
  • Off-Street Parking

Outdoor Features

  • Patio
  • Shed
  • Front Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Accessible Entrance
  • The property is located in a historic district

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 6 Units
  • Ocoee Town Subdivision

Building Details

  • Gross Income $55,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,473

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Construction Materials: Siding
  • Fireplace: No
  • Living Area: 3589
  • Lot Size Acres: 0.78
  • New Construction: No
  • Year Built: 1910
  • Accessibility Features: Accessible Entrance
  • Lot Size Sq Ft: 33993
  • Tenant Pays: Electricity
  • Status: Sold
  • Street Direction: S
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5799616?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5799616?w=Customer
  • Unit Count: 3
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.85542
  • Price per Sq Ft: 98.91
  • Close to Original List Price Ratio: 0.85542
  • View: Yes
  • Co List Office Mls Id: 56037
  • Co List Office Phone: 407-629-4420
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile, Hardwood
  • Interior Amenities: Ceiling Fans(s), Solid Wood Cabinets
  • Appliances Included: Cooktop, Electric Water Heater, Range, Refrigerator
  • Foundation Details: Slab
  • Levels: Two
  • Additional Rooms: Attic
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Shed(s), Storage
  • Exterior Features: Fenced, Storage
  • Roof: Metal
  • Pool Private: No
  • View: City
  • Waterfront: No
  • Patio and Porch Features: Front Porch, Patio
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12095C0210F
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Spaces: 3
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Common, Covered, Driveway, Guest, Off Street, Oversized
  • Covered Parking Spaces: 3
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Water Available
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Central, Electric
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: R-1AA
  • Parcel Number: 17-22-28-6144-04-056
  • Additional Parcels: No
  • Lot Features: Historic District, Oversized Lot
  • Lot Dimensions: 181x187
  • Flood Zone Code: X
  • Flood Zone Date: 2009-09-25
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Total Actual Rent: 4625

Multi Family

  • Gross Income: 55500
  • Number Of Units Total: 6

Tax Info

  • Tax Annual Amount: 5473
  • Tax Block: 4
  • Tax Book Number: A-100
  • Tax Lot: 5

Range of Values:

--
Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft
09/11/2019 09/11/19 Sold $355,000 -14.5% $99 / Sq Ft
08/14/2019 08/14/19 Pending -- -- --
08/06/2019 08/06/19 For Sale $415,000 0.0% $116 / Sq Ft
07/31/2019 07/31/19 Pending -- -- --
07/18/2019 07/18/19 For Sale $415,000 -- $116 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

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 $9,415 $500,696 $132,000 $368,696
2024 $8,951 $452,816 $132,000 $320,816
2023 $8,951 $446,719 $120,000 $326,719
2022 $8,184 $397,465 $120,000 $277,465
2021 $7,418 $311,827 $108,000 $203,827
2020 $7,221 $315,280 $108,000 $207,280
2019 $5,555 $197,216 $108,000 $89,216
2018 $5,473 $192,301 $108,000 $84,301
2017 $5,243 $189,876 $54,000 $135,876
2016 $6,071 $243,878 $54,000 $189,878
2015 $5,719 $243,664 $54,000 $189,664
2014 $4,997 $180,029 $54,000 $126,029
Source: Public Records

Agents Affiliated with this Home

  • Jason Asa

    Seller's Agent in 2019

    Jason Asa

    LPT REALTY, LLC

    (407) 766-2560

    1 in this area

    344 Total Sales

    Jason Asa
    Section Image

  • K

    Seller Co-Listing Agent in 2019

    Kim Coarse

    REAL BROKER, LLC

    (407) 629-4420

    53 Total Sales

    Kim Coarse
    Section Image
  • Orianna Gil Hernandez

    Buyer's Agent in 2019

    Orianna Gil Hernandez

    FLORIDA PRESTIGIOUS HOMES INC

    (407) 970-1120

    272 Total Sales

    Orianna Gil Hernandez
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: O5799616

Stellar MLS

APN: 17-22-28-6144-04-056

Florida Orange County Ocoee 34761

449 S Bluford Ave, Ocoee, FL

Not Listed for Sale

MultiFamily

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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