NOT LISTED FOR SALE

5723 E Harbor Dr Fruitland Park, FL 34731

Estimated Value: $613,734 - $801,000

6 Beds
5 Baths
3,388 Sq Ft
$202/Sq Ft Est. Value

Last Sold May 12, 2023

Last sale price $682,000 $201 Per Sq Ft

Current estimated payment $4,478/month

381 Days on Market

Highlights

  • 120 Feet of Chain of Lakes Waterfront
  • Boat Slip Deeded
  • 1.13 Acre Lot
  • Fishing Pier
  • Chain Of Lake Views
  • No HOA

About This Home

As of May 2023

Lake Griffin lake front multi-family property with one deeded dock. Income-producing property. Make money from day one with fully occupied units. This gorgeous Waterfront Resort sits on direct waterfront on the sought-after Lake County Chain of Lakes. The opportunity to own an investment like this is rare. There are 5 leasable units that are currently completely full. You can live in the main house and lease the rest of the resort or keep it all leased for more income opportunity. The water view and magestic treed setting is incredible. You could even boat all the way to the Atlantic Ocean from here!!! The income opportunities are endless if you bring your ideas such as boat slip rentals or vacation rentals. All units are in great shape with fresh paint in just the past few months.

Last Agent to Sell the Property

Lena Williams

MORRIS REALTY AND INVESTMENTS License #691608 Listed on: 03/31/2022

Co-Listed By

Theresa Morris

MORRIS REALTY AND INVESTMENTS License #538567

Last Buyer's Agent

Bobby Baldor

EXP REALTY LLC License #3217257

EXP REALTY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,453

Year Built

  • Built in 1958

Lot Details

  • 1.13 Acre Lot
  • 120 Feet of Chain of Lakes Waterfront
  • Lake Front
  • Additional Parcels

Parking

  • 2 Carport Spaces

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 3,388 Sq Ft Home
  • Chain Of Lake Views

Outdoor Features

  • Fishing Pier
  • Access To Chain Of Lakes
  • Property is near a marina
  • Boat Slip Deeded
  • Dock made with Composite Material

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 4
  • Assessor Parcel Number 01-19-24-0004-000-06500

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 5 Units
  • Acreage Subdivision

Building Details

  • Operating Expense $9,000
  • Gross Income $65,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,453

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 3388
  • Lot Size Acres: 1.13
  • New Construction: No
  • Year Built: 1958
  • Lot Size Sq Ft: 46374
  • Number Of Lots: 2
  • Tenant Pays: Electricity
  • Directions to Property: Hwy 27/441 North, right on Picciola, left on Twin Palms, right on E Harbor Dr. to the end.
  • Status: Sold
  • Street Direction: E
  • Co List Office Mls Id: MFR260502719
  • Co List Office Phone: 352-435-4663
  • Ownership: Fee Simple
  • Escrow City: Leesburg
  • Escrow Postal Code: 34748
  • Escrow State: FL
  • Escrow Street Name: US Highway 441
  • Escrow Street Number: 9800
  • List Office Head Office Key Nume: 1039724
  • RATIO Current Price By Calculate: 201.30
  • Total Acreage: 1 to less than 2
  • Unit Number YN: 0
  • Water Access YN: 1
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Other
  • Foundation Details: Slab
  • Street Number Modifier: 5723
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 314.76

Exterior Features

  • Other Structures: Other
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Water Body Name: LAKE GRIFFIN
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water Access: Lake - Chain of Lakes
  • Water Extras: Dock - Composite,Dock - Slip Deeded On-Site,Fishing Pier
  • Water Extras YN: 1
  • Water View: Lake - Chain of Lakes
  • Water View YN: 1
  • Waterfront Feet Total: 120
  • Water Frontage Feet Lake Chain: 120

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

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

Lot Info

  • Zoning: R-1
  • Parcel Number: 01-19-24-0004-000-06500
  • Additional Parcels Description: 01-19-24-0004-000-03501
  • Additional Parcels: Yes
  • Lot Features: Near Marina
  • Lot Dimensions: Irregular
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 4308

Green Features

  • Green Verification Count: 0

Multi Family

  • Gross Income: 65700
  • Number Of Units Total: 5
  • Waterfront Features: Lake
  • Total Num Buildings: 3
  • Unit Count: 5

Tax Info

  • Tax Annual Amount: 6453
  • Tax Block: 000
  • Tax Book Number: 4577/141
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2021
Sold by
Fibneau Two Llc
Bought by
Keoiu Delaware Llc
Current Estimated Value
$683,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,253,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 1, 2017
Bought by
Finbeau Two Llc

Purchase Details

Closed on
May 7, 1999
Sold by
Mansfield Erma D
Bought by
Griffin Pk Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,640
Interest Rate
6.98%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Keoiu Delaware Llc -- Os National Llc
Finbeau Two Llc $695,000 --
Griffin Pk Inc $200,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Keoiu Delaware Llc $2,253,000
Previous Owner Griffin Pk Inc $100,640
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2023 05/12/23 Sold $682,000 -9.1% $201 / Sq Ft
04/17/2023 04/17/23 Pending -- -- --
03/24/2023 03/24/23 Price Changed $749,900 -62.3% $221 / Sq Ft
08/15/2022 08/15/22 Price Changed $1,990,000 -20.4% $587 / Sq Ft
06/30/2022 06/30/22 For Sale $2,500,000 +266.6% $738 / Sq Ft
04/09/2022 04/09/22 Off Market $682,000 -- --
04/09/2022 04/09/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $2,500,000 -- $738 / 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 $9,048 $469,792 $190,000 $279,792
2024 $9,048 $469,792 $190,000 $279,792
2023 $9,048 $461,538 $190,000 $271,538
2022 $8,369 $461,538 $190,000 $271,538
2021 $5,890 $286,889 $0 $0
2020 $6,200 $284,777 $0 $0
2019 $6,219 $282,467 $0 $0
2018 $6,074 $282,467 $0 $0
2017 $5,712 $270,192 $0 $0
2016 $5,798 $270,088 $0 $0
2015 $5,916 $268,444 $0 $0
2014 $5,946 $266,001 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lena Williams

    Seller's Agent in 2023

    Lena Williams

    MORRIS REALTY AND INVESTMENTS

    (352) 636-4488

    75 in this area

    374 Total Sales

    Lena Williams
    Section Image
  • Theresa Morris

    Seller Co-Listing Agent in 2023

    Theresa Morris

    MORRIS REALTY AND INVESTMENTS

    (352) 360-3736

    40 in this area

    251 Total Sales

    Theresa Morris
    Section Image
  • Bobby Baldor

    Buyer's Agent in 2023

    Bobby Baldor

    EXP REALTY LLC

    (407) 342-6980

    2 in this area

    235 Total Sales

    Bobby Baldor
    Section Image
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Map

Source: Stellar MLS

MLS Number: G5053510

Stellar MLS

APN: 01-19-24-0004-000-03501

Florida Lake County Fruitland Park 34731

5723 E Harbor Dr, Fruitland Park, FL

This home is located at 5723 E Harbor Dr, Fruitland Park, FL 34731 since 31 March 2022 and is currently estimated at $683,578, approximately $201 per square foot. This property was built in 1958. 5723 E Harbor Dr is a home located in Lake County with nearby schools including Beverly Shores Elementary School, Carver Middle School, and Leesburg 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

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