NOT LISTED FOR SALE

911 E Shell Point Rd Ruskin, FL 33570

2 Beds
1 Bath
1,344 Sq Ft
0.33 Acres

Last Sold July 19, 2019

Last sale price $800,000 $595 Per Sq Ft

359 Days on Market

Highlights

  • 0.33 Acre Lot
  • Outdoor Storage
  • Central Heating and Cooling System
  • No HOA

About This Home

As of July 2019

Great investment property that is 100% leased & consists of 6 duplexes for a total of 12 units (2bed / 1 bath), also a few empty lots where you can build up a few more duplexes or use for storage and is perfect for RVs or mobile homes. A little landscaping and some improvements could potentially increase your income as well as the value of this property even more. Tenant pays electric, cable. Most units have been renovated, great returns around 8.5% cap rate, double digits cash flow. (more than one parcel are included on this sale)

Last Agent to Sell the Property

Euler Pereda

LPT REALTY, LLC License #3311830 Listed on: 06/10/2018

LPT REALTY, LLC

Last Buyer's Agent

Tony Marottoli

License #3006823

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,434

Year Built

  • Built in 1989

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 90 x 160
  • Additional Parcels

Parking

  • 1 Carport Space

Home Design

  • 1,344 Sq Ft Home
  • Duplex
  • Block Exterior
  • Stucco

Outdoor Features

  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Private Sewer

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 6 Buildings
  • 12 Units
  • Ruskin Colony Farms Subdivision

Building Details

  • Gross Income $10,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,434

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1344
  • Lot Size Acres: 0.33
  • New Construction: No
  • Year Built: 1989
  • Lot Size Sq Ft: 14375
  • Number Of Lots: 3
  • Directions to Property: US 41 South, East on Shell Point Rd,
  • Status: Sold
  • Street Direction: E
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=U8007276&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=U8007276&cview=true&show_results=true&customer_portal=true
  • Unit Count: 1
  • Total Acreage: 2 to less than 5
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.84211
  • Price per Sq Ft: 595.24
  • Close to Original List Price Ratio: 0.84211
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 911
  • Number Of Buildings: 6
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Exterior Features: Storage
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12057C0656H

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Private Sewer, Public Sewer
  • Water Source: Private
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Deposits Y N: No

Lot Info

  • Zoning: RDC-12
  • Parcel Number: U-08-32-19-1UU-000000-00039.3
  • Additional Parcels Description: U-08-32-19-1UU-000000-00039.1
  • Additional Parcels: Yes
  • Lot Dimensions: 90 x 160
  • Flood Zone Code: AE
  • Flood Zone Date: 2008-08-28
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Gross Income: 10800
  • Number Of Units Total: 12

Tax Info

  • Tax Annual Amount: 2434
  • Tax Block: 00
  • Tax Book Number: 5-63
  • Tax Lot: 39

Range of Values:

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Average Value
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Sold Price
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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 List to Sale Price per Sq Ft
07/19/2019 07/19/19 Sold $800,000 -15.8% $595 / Sq Ft
05/31/2019 05/31/19 Pending -- -- --
05/22/2019 05/22/19 For Sale $950,000 0.0% $707 / Sq Ft
05/19/2019 05/19/19 Pending -- -- --
02/25/2019 02/25/19 For Sale $950,000 0.0% $707 / Sq Ft
02/18/2019 02/18/19 Pending -- -- --
12/05/2018 12/05/18 For Sale $950,000 0.0% $707 / Sq Ft
09/30/2018 09/30/18 Pending -- -- --
07/19/2018 07/19/18 For Sale $950,000 0.0% $707 / Sq Ft
07/03/2018 07/03/18 Pending -- -- --
06/06/2018 06/06/18 For Sale $950,000 -- $707 / 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: U8007276

Stellar MLS

APN: U0832191UU000000000393