$477,000
SOLD FEB 7, 2025
6 Beds
2 Baths
1,944 Sq Ft
8,425 Sq Ft Lot

Recently Sold

$245 Per Sq Ft

10% Below List Price

44 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Ceiling Fan
  • Family Room Off Kitchen
  • Central Heating and Cooling System

About This Home

As of February 2025

This 6-bedroom, 2-bath duplex is an excellent turnkey investment property generating $4,200 ($1900 and $2300) in monthly rental income with an upside potential of another $400/month in raised rent. Both units are fully rented, with each unit offering 3 bedrooms and 1 bath. This makes it a highly desirable rental property, providing steady cash flow for the new owner. The property has been extensively updated in 2022, significantly reducing the buyer’s immediate capital expenditure (CapEx) needs. Major updates include a new roof, new luxury vinyl flooring throughout both units, and updated kitchens and bathrooms with modern finishes. The new AC units and new hot water heater provide additional peace of mind, ensuring that critical systems are up-to-date and functioning efficiently. These updates allow the new owner to benefit from lower maintenance costs and minimal immediate repairs, while also enhancing the property's overall appeal to tenants. Tenants are responsible for all utilities, including electricity, water, and gas, reducing the owner's monthly expenses and further enhancing the property's cash flow potential. With both units currently occupied by reliable tenants, the property is generating consistent rental income, making it a great investment for anyone looking to add a cash-flowing property to their portfolio. The duplex is ideally located near shopping centers, schools, parks, dining options, and major transportation routes, making it attractive to tenants and ensuring long-term rental demand. This is a ready-to-go investment with minimal maintenance required and strong rental income potential. Contact us today to schedule a viewing or to learn more about how this property can start earning for you right away.

Last Agent to Sell the Property

Jonathan Pergerson

FLOTACAL License #3527969 Listed on: 11/16/2024

Co-Listed By

Mike Vo

FLOTACAL License #3508536

Last Buyer's Agent

Jonathan Pergerson

FLOTACAL License #3527969 Listed on: 11/16/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,848

Year Built

  • Built in 1981

Lot Details

  • 8,425 Sq Ft Lot
  • Lot Dimensions are 72x117

Home Design

  • Duplex
  • Block Foundation
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,944 Sq Ft Home
  • Ceiling Fan
  • Family Room Off Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Graham Sub Community
  • Graham Subdivision

Building Details

  • Gross Income $50,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,848

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1944
  • Lot Size Acres: 0.19
  • New Construction: No
  • Year Built: 1981
  • Lot Size Sq Ft: 8425
  • Tenant Pays: Electricity, Sewer, Water
  • Status: Sold
  • Street Post Direction: E
  • Co List Office Mls Id: MFR281543663
  • Co List Office Phone: 941-888-0043
  • Ownership: Fee Simple
  • Escrow State: FL
  • RATIO Current Price By Calculate: 245.37
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ceiling Fans(s), Kitchen/Family Room Combo
  • Foundation Details: Block, Slab
  • Total Bedrooms: 6
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 180.60

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Room
  • 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: C1A
  • Parcel Number: 3228400002
  • Additional Parcels: No
  • Lot Dimensions: 72x117
  • Flood Zone Code: x

Multi Family

  • Gross Income: 50400
  • Number Of Units Total: 2
  • Total Num Buildings: 1
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 3847.95
  • Tax Block: C
  • Tax Book Number: 1-187
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2024
Closed on
Feb 3, 2025
Sold by
Bernards Investment Group Llc
Bought by
Nguyen Tommy Minh
Seller's Agent
Jonathan Pergerson
FLOTACAL
Buyer's Agent
Jonathan Pergerson
FLOTACAL
List Price
$529,999
Sold Price
$477,000
Premium/Discount to List
-$52,999
-10%
Views
19
Current Estimated Value
$445,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,187
Avg. Annual Appreciation
-6.94%
Original Mortgage
$359,200
Outstanding Balance
$357,040
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$88,773

Purchase Details

Closed on
Feb 8, 2022
Sold by
Bobby Walker
Bought by
Bernards Investment Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$590,000
Interest Rate
3.56%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 4, 2003
Sold by
S P E 5 L L C
Bought by
Walker Bobby

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6%

Purchase Details

Closed on
Jul 22, 2003
Sold by
Gallen Thomas M and Gallen Linda C
Bought by
S P E 5 L L C
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $477,000 None Listed On Document
Warranty Deed $450,000 New Title Company Name
Warranty Deed $120,000 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $359,200 New Conventional
Previous Owner $590,000 Balloon
Previous Owner $108,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/07/2025 02/07/25 Sold $477,000 0.0% $245 / Sq Ft
02/07/2025 02/07/25 Sold $477,000 -8.3% $245 / Sq Ft View Prior Sale
12/30/2024 12/30/24 Pending -- -- --
12/30/2024 12/30/24 Pending -- -- --
12/19/2024 12/19/24 Price Changed $519,999 0.0% $267 / Sq Ft
12/19/2024 12/19/24 Price Changed $519,999 -1.9% $267 / Sq Ft
11/16/2024 11/16/24 For Sale $529,999 0.0% $273 / Sq Ft
11/15/2024 11/15/24 Price Changed $529,999 +0.1% $273 / Sq Ft
11/15/2024 11/15/24 For Sale $529,500 -- $272 / 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 $4,033 $211,874 $45,050 $166,824
2024 $4,033 $218,374 $45,050 $173,324
2023 $3,848 $203,924 $30,600 $173,324
2022 $2,492 $174,142 $30,000 $144,142
2021 $2,070 $130,900 $30,000 $100,900
2020 $1,987 $120,767 $23,500 $97,267
2019 $1,858 $114,472 $23,500 $90,972
2018 $1,659 $96,924 $11,000 $85,924
2017 $1,305 $67,200 $0 $0
2016 $1,328 $67,200 $0 $0
2015 $1,318 $67,200 $0 $0
2014 $1,318 $65,124 $0 $0
2013 $1,249 $61,064 $8,538 $52,526
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4629447

Stellar MLS

APN: 32284-0000-2