NOT LISTED FOR SALE

717 Wanamaker Ave Fort Meade, FL 33841

Estimated Value: $599,000 - $1,239,000

22 Beds
12 Baths
8,008 Sq Ft
$115/Sq Ft Est. Value

Last Sold May 20, 2024

Last sale price $1,200,000 $150 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $5,761/month

68 Days on Market

Highlights

  • 0.83 Acre Lot
  • No HOA
  • 3-minute walk to Dixie Youth Fields
  • Main Floor Primary Bedroom
  • Central Heating and Cooling System

About This Home

As of May 2024

Located in the vibrant community of Fort Meade, Florida, this multifamily property offers an exceptional investment opportunity. Situated in a prime location, this property is conveniently close to Fort Meade Middle- High school, the Peace River, and recreational areas, making it an attractive option for tenants seeking both convenience and comfort.

This well-maintained multifamily property features 12 units. Each with two bedrooms and one bathroom.

The property boasts a brick facade and a large well maintained courtyard area enhancing the overall appeal and value.

With strong rental demand in the area, this property presents a lucrative opportunity for investors seeking steady rental income and long-term growth potential. Whether you're a seasoned investor or new to the market, this multifamily property in Fort Meade offers an attractive blend of affordability, convenience, and potential for strong returns. With a property manager in place, this property promises a smooth transition to immediately begin seeing a return on your investment. Don't miss out on this opportunity to own a piece of prime real estate in this thriving community.

Last Agent to Sell the Property

David Reyes

KELLER WILLIAMS REALTY SMART 1 Brokerage Phone: 863-508-3000 License #679127 Listed on: 02/14/2024

KELLER WILLIAMS REALTY SMART 1

Last Buyer's Agent

Paul De la Torre

EXP REALTY LLC License #3419802

EXP REALTY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,433

Year Built

  • Built in 1981

Lot Details

  • 0.83 Acre Lot
  • Lot Dimensions are 180x134
  • Dirt Road
  • Additional Parcels

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Metal Roof
  • Block Exterior

Interior Spaces

  • 8,008 Sq Ft Home
  • Window Treatments
  • Laundry in unit

Bedrooms and Bathrooms

  • 22 Bedrooms
  • Primary Bedroom on Main
  • 12 Bathrooms

Additional Features

  • Rain Gutters
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 4 Buildings
  • 12 Units
  • Grove Acres Subdivision

Listing and Financial Details

  • Legal Lot and Block 12 / C
  • Assessor Parcel Number 25-31-26-435600-003120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,433

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Construction Materials: Block, Brick
  • Fireplace: No
  • Living Area: 8008
  • Lot Size Acres: 0.83
  • New Construction: No
  • Year Built: 1981
  • Lot Size Sq Ft: 35351
  • Number Of Lots: 2
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow State: FL
  • RATIO Current Price By Calculate: 149.85
  • Total Acreage: 1/2 to less than 1
  • Water Access YN: 0
  • Attribution Contact: 863-508-3000
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Primary Bedroom Main Floor, Window Treatments
  • Foundation Details: Slab
  • Total Bedrooms: 22
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 743.97

Exterior Features

  • Exterior Features: Rain Gutters, Sidewalk
  • Roof: Metal
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt, Dirt
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

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

Lot Info

  • Zoning: R-2
  • Parcel Number: 25-31-26-435600-003120
  • Additional Parcels: Yes
  • Lot Dimensions: 180x134
  • Flood Zone Code: X

Multi Family

  • Number Of Units Total: 12
  • Total Num Buildings: 4
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 7433.3
  • Tax Block: C
  • Tax Book Number: 50-38
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2024
Closed on
May 20, 2024
Sold by
Mcgarity Daniel and Brierley Helen
Bought by
701 Mobley Street Llc
Seller's Agent
David Reyes
KELLER WILLIAMS REALTY SMART 1
Buyer's Agent
Paul De la Torre
EXP REALTY LLC
List Price
$1,300,000
Sold Price
$1,200,000
Premium/Discount to List
-$100,000
-7.69%
Views
28
Current Estimated Value
$919,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$281,000
Avg. Annual Appreciation
-15.10%

Purchase Details

Closed on
Oct 1, 2020
Sold by
Country Home Apartments Llc
Bought by
Mcganty Daniel and Brierley Helen

Purchase Details

Listed on
Feb 22, 2015
Closed on
Mar 31, 2016
Sold by
Kuyrkendall Sheila Ann
Bought by
Country Home Apartments Llc
Seller's Agent
Rose Abbott
BHHS Florida Properties Group
Buyer's Agent
SEBRING NON MLS
NON-MLS OFFICE
List Price
$575,000
Sold Price
$450,000
Premium/Discount to List
-$125,000
-21.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.58%

Purchase Details

Listed on
Feb 22, 2015
Closed on
Mar 1, 2016
Bought by
Country Home Apartments Llc
Seller's Agent
Rose Abbott
BHHS Florida Properties Group
Buyer's Agent
SEBRING NON MLS
NON-MLS OFFICE
List Price
$575,000
Sold Price
$450,000
Premium/Discount to List
-$125,000
-21.74%

Purchase Details

Closed on
Jul 23, 2008
Sold by
Grissom Elmer Gene
Bought by
Kuyrkendall Sheila Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,470
Interest Rate
6.27%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 22, 2005
Sold by
Grissom Sheila Ann and Staton Sheila Ann
Bought by
Grissom Elmer Gene and Grissom Sheila Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,924
Interest Rate
5.98%
Mortgage Type
Commercial

Purchase Details

Closed on
May 14, 1999
Sold by
Wauchula State Bank
Bought by
Staton Billy J and Staton Sheila A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.98%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
701 Mobley Street Llc $1,200,000 Integrity First Title
Mcganty Daniel $767,500 Magnolia Closing Co
Country Home Apartments Llc $450,000 Attorney
Country Home Apartments Llc $450,000 --
Kuyrkendall Sheila Ann $96,500 Wauchula Abstract & Title Co
Grissom Elmer Gene -- Wauchula Abstract & Title Co
Staton Billy J $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kuyrkendall Sheila Ann $106,470
Previous Owner Grissom Elmer Gene $87,924
Previous Owner Staton Billy J $75,000
Closed Grissom Elmer Gene $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/20/2024 05/20/24 Sold $1,200,000 -7.7% $150 / Sq Ft
04/23/2024 04/23/24 Pending -- -- --
04/19/2024 04/19/24 For Sale $1,300,000 0.0% $162 / Sq Ft
03/15/2024 03/15/24 Pending -- -- --
02/14/2024 02/14/24 For Sale $1,300,000 +188.9% $162 / Sq Ft
03/31/2016 03/31/16 Sold $450,000 -21.7% $228 / Sq Ft View Prior Sale
03/10/2016 03/10/16 Pending -- -- --
02/22/2015 02/22/15 For Sale $575,000 -- $291 / 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 $11,524 $972,972 $53,095 $220,244
2024 $7,433 $332,452 -- --
2023 $7,433 $302,229 $50,681 $251,548
2022 $6,984 $278,508 $42,235 $236,273
2021 $6,997 $264,297 $42,235 $222,062
2020 $4,563 $173,617 $50,000 $123,617
2018 $4,638 $181,524 $50,000 $131,524
2017 $3,663 $165,098 $0 $0
2016 $2,548 $138,618 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: P4929221

Stellar MLS

APN: 25-31-26-435600-003120