$349,900
$20K PRICE DROP

4950 SE 111th Ln Belleview, FL 34420

Estimated payment $2,231/month

Total Views 4,247
4 Beds
3 Baths
2,065 Sq Ft
$169 Price per Sq Ft

About This Home

Fully occupied triplex in the heart of Belleview, FL with stable income and established tenants in place.
Unit Layout: The triplex comprises three maintained units, 2- one bedroom/one bath units, 1- two bedroom one bath unit
Updates: include: 2 new water heaters in 2024, architectural shingle roof in 2017
Location: A central location in Belleview provides easy access to local schools, shopping centers, restaurants, medical facilities and major highways.

Listing Agent

Ashley Sexton

CRYSTAL SNOOK REAL ESTATE Brokerage Phone: 352-630-5270 License #3415414

Co-Listing Agent

Crystal Snook

CRYSTAL SNOOK REAL ESTATE Brokerage Phone: 352-630-5270 License #3116024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,385

Year Built

  • Built in 1985

Lot Details

  • 1.5 Acre Lot
  • Lot Dimensions are 205x317
  • Dirt Road

Home Design

  • 2,065 Sq Ft Home
  • Triplex
  • Slab Foundation
  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Schools

  • Belleview Elementary School
  • Belleview Middle School
  • Belleview High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Well
  • Septic Tank

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Home Non Sub Subdivision

Building Details

  • Operating Expense $7,253
  • Gross Income $30,720

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,385

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Triplex
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 2065
  • Lot Size Acres: 1.5
  • New Construction: No
  • Year Built: 1985
  • Lot Size Sq Ft: 65340
  • Number Of Lots: 1
  • Tenant Pays: Electricity, Trash Collection
  • Directions to Property: US 301 South, Turn right onto SE 55th Ave Rd, Turn right and follow to SE 111th Lane
  • Status: Active
  • Street Direction: SE
  • Co List Office Mls Id: MFR271515789
  • Co List Office Phone: 352-630-5270
  • Ownership: Fee Simple
  • Escrow City: OCALA
  • Escrow Postal Code: 34470
  • Escrow State: FL
  • Escrow Street Name: NE 14th St Suite 500
  • Escrow Street Number: 2010
  • List Office Head Office Key Nume: 529619035
  • RATIO Current Price By Calculate: 169.44
  • Total Acreage: 1 to less than 2
  • Unit Number YN: 0
  • Water Access YN: 0
  • Planned Unit Development Yn: 0
  • Attribution Contact: 352-630-5270
  • Tax Year: 2024
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Other
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Spa Yn: No
  • Street Number Modifier: 4950
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 191.84

Exterior Features

  • Exterior Features: Lighting, Rain Gutters, Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Dirt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2025-01-09
  • Flood Zone Panel: 12083C0737D

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Electricity Connected
  • Cooling: Wall/Window Unit(s)
  • Heating: Wall Units / Window Unit
  • Laundry Features: None
  • Sewer: Septic Tank
  • Water Source: Well

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

Schools

  • Elementary School: Belleview Elementary School
  • High School: Belleview High School
  • Middle Or Junior School: Belleview Middle School

Lot Info

  • Zoning: B2
  • Parcel Number: 37400-006-03
  • Additional Parcels: No
  • Lot Dimensions: 205x317
  • Property Attached Yn: Yes
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 6070

Green Features

  • Green Verification Count: 0

Rental Info

  • Total Actual Rent: 2560
  • Terms Of Lease: Other

Multi Family

  • Gross Income: 30720
  • Number Of Units Total: 3
  • Total Num Buildings: 1
  • Unit Count: 3

Tax Info

  • Tax Annual Amount: 3385
  • Tax Block: 0
  • Tax Book Number: E-45
  • Tax Lot: 6

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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
2023 $3,356 $138,326 $0 $0
2022 $2,990 $125,751 $0 $0
2021 $2,875 $132,806 $32,670 $100,136
2020 $2,727 $123,435 $32,670 $90,765
2019 $2,451 $94,478 $9,000 $85,478
2018 $2,258 $87,210 $32,670 $54,540
2017 $2,204 $83,576 $39,741 $43,835
2016 $2,099 $79,942 $0 $0
2015 $1,981 $72,675 $0 $0
2014 $1,909 $71,528 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2025 04/14/25 Price Changed $349,900 -2.8% $169 / Sq Ft
02/17/2025 02/17/25 Price Changed $359,900 -2.7% $174 / Sq Ft
01/09/2025 01/09/25 For Sale $369,900 -- $179 / Sq Ft
Source: Stellar MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $57,000 Peer Title Inc
Special Warranty Deed $49,900 Lsi Title Agency Inc
Warranty Deed $116,000 Affiliated Title
Warranty Deed $103,000 Advance Homestead Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $106,000 Unknown
Previous Owner $41,600 Stand Alone Second
Previous Owner $92,800 Purchase Money Mortgage
Source: Public Records

Source: Stellar MLS

MLS Number: OM692628

Stellar MLS

APN: 37400-006-03

Florida Marion County Belleview 34420

4950 SE 111th Ln, Belleview, FL

Homes for Sale in Belleview, FL

This home is located at 4950 SE 111th Ln, Belleview, FL 34420 and is currently priced at $349,900, approximately $169 per square foot. This property was built in 1985. 4950 SE 111th Ln is a home located in Marion County with nearby schools including Belleview Elementary School, Belleview Middle School, and Belleview High School.

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

Ashley Sexton
Listing Agent
Ashley Sexton
Section Image
CRYSTAL SNOOK REAL ESTATE
(352) 618-3629