NOT LISTED FOR SALE

516 Magnolia Ave Seffner, FL 33584

4 Beds
2 Baths
1,758 Sq Ft
0.28 Acres

Last Sold July 28, 2023

Last sale price $345,000 $196 Per Sq Ft

2 Days on Market

Highlights

  • No HOA
  • Inside Utility
  • Outdoor Storage
  • Front Porch
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of July 2023

Incredible Investment Opportunity! This exceptional duplex presents two well maintained units, each featuring 2 bedrooms and 1 bathroom. With approximately 879 sq. ft. of living space on each side, these units offer open-concept layouts that maximize the use of every inch. Currently rented on a month-to-month basis, similar duplexes in the area have been fetching $1,400 per month in rent.

This property boasts a BRAND NEW ROOF and fresh exterior paint, ensuring durability and aesthetic appeal. Each unit includes all essential appliances, tile floors throughout, a charming front porch, washer/dryer units with individual laundry hookups, and a fully fenced front and backyard for privacy and security. The modest galley-style kitchens are strategically positioned at the rear and come equipped with practical appliances for convenience. Both units feature doors at the rear of the home for backyard access.

Centrally located in Seffner, Florida, this home offers easy access to major highways like I-275, I-4, and I-75, making commuting a breeze. Local plazas and stores such as Walmart and Publix are just minutes away, while the Brandon Town Center Mall is a short 15-minute drive or less. For those seeking entertainment, Disney World Parks and other attractions are a quick hour's drive from this location.

The versatility of this property is unmatched. Whether you choose to live in one unit and generate passive income by renting the other or utilize the entire property as an investment, the potential is endless. Don't miss out on this fantastic opportunity!

Last Agent to Sell the Property

Aaron Eshack

ASSIST 2 SELL THE ESHACK TEAM License #3272248 Listed on: 06/19/2023

Last Buyer's Agent

Oscar Colon

KELLER WILLIAMS REALTY- PALM H License #3453779

KELLER WILLIAMS REALTY- PALM H

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,212

Year Built

  • Built in 1957

Lot Details

  • 0.28 Acre Lot
  • Fenced
  • Level Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,758 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Inside Utility
  • Tile Flooring
  • Crawl Space

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Storage
  • Front Porch

Schools

  • Colson Elementary School
  • Burnett Middle School
  • Armwood High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2,028 Sq Ft Building
  • Broadway Heights East Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,212

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1758
  • Lot Size Acres: 0.28
  • New Construction: No
  • Year Built: 1957
  • Building Area Total: 2028
  • Lot Size Sq Ft: 12360
  • Directions to Property: Going East on Dr Martin Luther King, turn north on Parsons. Turn right on Magnolia to duplex on Right
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Escrow City: MAITLAND
  • Escrow Postal Code: 32751
  • Escrow State: FL
  • Escrow Street Name: E Horatio Ave
  • Escrow Street Number: 540
  • List Office Head Office Key Nume: 1057243
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 196.25
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Foundation Details: Crawlspace
  • Total Bedrooms: 4
  • Levels: One
  • Window Features: Blinds
  • Street Number Modifier: 516
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Inside Utility
  • Living Area Meters: 163.32

Exterior Features

  • Exterior Features: Fence, Storage
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Front Porch
  • Road Surface Type: Asphalt
  • Disclosures: Lead Paint, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2008-08-28
  • Flood Zone Panel: 12057C0385H

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Driveway

Utilities

  • Utilities: Electricity Connected, Public, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Septic Tank
  • Water Source: Well
  • Individually Metered: Electric,Internet,Water

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Pet Restrictions: Buyer to verify any pet restrictions

Fee Information

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

Schools

  • Elementary School: Colson-HB
  • High School: Armwood-HB
  • Middle Or Junior School: Burnett-HB

Lot Info

  • Zoning: RDC-6
  • Parcel Number: U-02-29-20-26Y-000006-00021.0
  • Additional Parcels: No
  • Lot Features: In County, Level, Paved
  • Flood Zone Code: X
  • Lot Size Square Meters: 1148

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: Buyer to verify any rental restrictions

Multi Family

  • Number Of Units Total: 2
  • Total Num Buildings: 1
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 3212
  • Tax Block: 6
  • Tax Book Number: 21-1
  • Tax Lot: 21

Range of Values:

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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 Change Sq Ft Price
07/28/2023 07/28/23 Sold $345,000 +1.5% $196 / Sq Ft
06/22/2023 06/22/23 Pending -- -- --
06/19/2023 06/19/23 For Sale $339,900 -- $193 / 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: T3453588

Stellar MLS

APN: U02292026Y000006000210