$340,000
$9K PRICE DROP

Estimated payment $2,243/month

Total Views 57,895
7 Beds
3 Baths
2,056 Sq Ft
$165 Price per Sq Ft

Highlights

  • Deck
  • Family Room with Fireplace
  • No HOA
  • Frank E. Brigham Academy Rated 9+
  • Wood Flooring
  • 1-minute walk to RH Malcolm Park

About This Home

"Bundled service pricing available for buyers. Connect with the listing agent for details." Investor's Dream! This income-generating triplex meets the investor 1% rent rule and offers instant cash flow with two units already rented! The front historic 1925 wood-frame home features 3 bedrooms, 1 bathroom, a spacious floor plan, a fully equipped kitchen, and inside laundry. Enjoy the large screened front porch and charm of this well-maintained property, currently rented for $1,550/month. Behind the main home, a solid 1953 two-story block duplex offers two 2-bedroom, 1-bath units, each approximately 600 sq. ft. Both units feature full kitchens and a shared laundry room. The top-floor unit is rented for $950/month, while the ground-floor unit is vacant with a projected rent of $950-$1,000/month. Additional concrete block storage provides space for holiday decorations and maintenance materials. Convenient alley access, prime location near parks, shopping, and dining, and a strong rental history make this a fantastic investment opportunity! Water and Electricity are individually metered.

Listing Agent

Nancy Grabowski

REDFIN CORPORATION Brokerage Phone: 407-708-9747 License #3397527 Listed on: 03/20/2025

REDFIN CORPORATION

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,570

Year Built

  • Built in 1925

Lot Details

  • 7,240 Sq Ft Lot
  • Lot Dimensions are 050x143

Home Design

  • Triplex
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,056 Sq Ft Home
  • Family Room with Fireplace
  • Laundry in unit

Kitchen

  • Range with Range Hood
  • Microwave

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Deck
  • Screened Patio
  • Outdoor Storage

Utilities

  • Cooling System Mounted To A Wall/Window
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units
  • Lake Shipp Add Subdivision

Pet Policy

  • Pets up to 50 lbs

Building Details

  • Gross Income $40,740

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,570

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Construction Materials: Block, Frame
  • Fireplace: Yes
  • Living Area: 2056
  • Lot Size Acres: 0.17
  • New Construction: No
  • Year Built: 1925
  • Lease Term: Twelve Months
  • Lot Size Sq Ft: 7240
  • Tenant Pays: Electricity, Sewer, Trash Collection, Water
  • Directions to Property: From N on US-17, turn left onto Lake Shipp Dr. Turn right onto 7th St SW. Turn left onto Ave O SW. Home will be on the left.
  • Status: Active
  • Street Post Direction: SW
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1057207
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 165.37
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Attribution Contact: 407-708-9747
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Family Room
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Vinyl, Wood
  • Interior Amenities: Ninguno
  • Appliances Included: Microwave, Range, Range Hood, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 7
  • Street Number Modifier: 806
  • Living Area Meters: 191.01

Exterior Features

  • Exterior Features: Storage
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio, Screened
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2016-12-22
  • Flood Zone Panel: 12105C0365G

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Sewer Connected
  • Cooling: Wall/Window Unit(s)
  • Heating: Ductless
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Pet Restrictions: Buyer and buyers agent to verify any and all rules and regulations deemed important with HOA, City and County
  • Max Pet Weight: 50
  • Pet Size: Small (16-35 Lbs.)

Fee Information

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

Lot Info

  • Zoning: R-3
  • Parcel Number: 26-28-32-648020-008120
  • Additional Parcels: No
  • Lot Dimensions: 050x143
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 673

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes
  • Total Actual Rent: 3395
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: Buyer and buyers agent to verify any and all rules and regulations deemed important with HOA, City and County

Multi Family

  • Gross Income: 40740
  • Number Of Units Total: 3
  • Total Num Buildings: 2
  • Unit Count: 3
  • Est Annual Market Income: 36000.00
  • Total Monthly Expenses: 349

Tax Info

  • Tax Annual Amount: 4569.55
  • Tax Block: 8
  • Tax Book Number: 2-127
  • Tax Lot: 12

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

Property History

Date Event Price Change Sq Ft Price
04/12/2025 04/12/25 Price Changed $340,000 -2.6% $165 / Sq Ft
03/20/2025 03/20/25 For Sale $349,000 +20.3% $170 / Sq Ft
12/13/2023 12/13/23 Sold $290,000 -3.0% $141 / Sq Ft
11/12/2023 11/12/23 Pending -- -- --
10/05/2023 10/05/23 For Sale $299,000 0.0% $145 / Sq Ft
09/25/2023 09/25/23 Pending -- -- --
09/23/2023 09/23/23 For Sale $299,000 +4.9% $145 / Sq Ft
09/13/2023 09/13/23 Pending -- -- --
08/26/2023 08/26/23 For Sale $285,000 +3.6% $139 / Sq Ft
07/22/2022 07/22/22 Sold $275,000 -8.0% $134 / Sq Ft
05/23/2022 05/23/22 Pending -- -- --
05/10/2022 05/10/22 For Sale $299,000 0.0% $145 / Sq Ft
03/31/2022 03/31/22 Pending -- -- --
03/28/2022 03/28/22 For Sale $299,000 +139.4% $145 / Sq Ft
09/28/2018 09/28/18 Sold $124,900 -10.7% $58 / Sq Ft
08/27/2018 08/27/18 Pending -- -- --
07/10/2018 07/10/18 For Sale $139,900 -- $65 / Sq Ft
Source: Stellar MLS

Source: Stellar MLS

MLS Number: O6289385

Stellar MLS

APN: 262832648020008120