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:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5799616

Stellar MLS

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