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11613 SE 57th Avenue

Belleview, FL 34420

8 beds
8 baths
4,128 sqft
~3/4 acre lot
$205 per sqft
1978 build
– on site

An absolutely gorgeous and beautiful property consisting or 2 separate side by side custom built quads with individual parcel numbers. Great income property. Priced to sell. This is a two in one property sale. Seller is willing to sell each quad under separate contract in order for the Buyer to qualify for HUD, FHA, or a VA loan, but both buildings must be sold jointly at the same time. This is a wonderful 55+ community, with a very close nit elderly tenant population. Most all tenants have been residents since 2018 after the apartments were completely renovated. Currently all tenants are over 62 years of age with single occupancy. As such, possibility of converting to 62+ community. All units, total of 8, were completely gutted and refurbished in late 2017 to mid 2018. New roofs on both buildings with 40 year - 150 MPH, GAF shingles installed by Big D Roofing (commercial grade roofing contractor). All new porcelain PEI Grade 4 tile, all new appliances, all new high efficiency central air conditioning and heating systems (still under warranty), all new water heaters, all new water and electric fixtures, switches and outlets.... Units are solidly built with concrete block and stucco walls around the entire building and all concrete block walls in between all apartments inside the building, making them super solid buildings with minimal to no noise transfer between apartments. Very quiet area that is located on a dead end street with local traffic only. In the middle of the City of Belleview, and close to all the shopping. Majestic old growth Live Oak trees and Southern Yellow Pine trees on the property. A great investment opportunity and income property without any of the issues and headaches that come with a rental property and uncooperating tenants. All tenants are retired and always pay on the 3rd of the month. Never late rents. The complex was originally custom built with the highest grade of construction and material by the initial owners for retirement income purposes. Which included such things as installing high end fixtures made by Kohler.... The current owner is the second owner of the property, and has continued the renovation and upkeep of the properties with the best quality materials, such as installing high performance Rheem water heaters and high efficiency Goodman A/C systems and low flush American Standard toilets.... The property continues to be almost like new construction. All units have their own individual water and electric meters which are paid for by the tenants. The only expense by the owner is for lawn maintenance. Current owner is selling due to retirement. At the current sale price, the high CAP rate on this property makes it an ideal investment without the headaches coming from undesirable tenants, and with a great return on investment.

Listing courtesy of STELLAR_MLS / PLATINUM HOMES AND LAND REALTY

Last checked: Checking… • Last updated Feb 25, 2025 •

MLS# OM695746 —

The Building

Year Built:

1978
New Construction:

false
Construction Materials:

Block
Levels:

One
Roof:

Shingle
Foundation Details:

Stem Wall
Window Features:

Aluminum Frames
Security Features:

Smoke Detector(s)
# of Buildings:

2
Building Area Units:

Square Feet

Interior

Interior Features:

Living Room/Dining Room Combo
Flooring:

Porcelain Tile
Fireplace:

false

Room Dimensions

Living Area:

4128
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

From Highway 441/301 in Belleview, go west on hwy 484, WAWA gas station is on north/right side and CVS is on south/left side of intersection on 484; go for 1/4 mile on 484 west then make left or go south on SE 57th Avenue, just before or next to Belleview Elementary School, then go for 3 blocks; the apartments will be on the left side or east side of SE 57th Avenue at the end of the street. First quad on left will be 11613 and second quad next to it will be 11623.
Latitude:

29.052817
Longitude:

-82.055313
Coordinates:

-82.055313, 29.052817

The Property

Parcel Number:

3746200402
Property Type:

Residential Income
Property Subtype:

Quadruplex
Property Condition:

Completed
Property Attached:

false
Lot Features:

City Lot
Lot Size Acres:

0.72
Lot Size Area:

31363
Lot Size SqFt:

31363
Lot Size Dimensions:

210 x 144
Lot Size Units:

Square Feet
Total Acres:

1/2 to less than 1
Zoning:

R3
View:

City
View:

true
Exterior Features:

Courtyard
Water Source:

Public
Road Responsibility:

Public Maintained Road
Road Surface Type:

Paved
Road Frontage Type:

Street Dead-End
Flood Zone Code:

x
Additional Parcels:

true
Additional Parcels Description:

37462-004-03
Homestead:

false
Lease Restrictions:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Lot:

2, 3
Tax Block:

D
Tax Legal Description:

SEC 36 TWP 16 RGE 22 PLAT BOOK F PAGE 103 LAW S SUB BLK D LOT 2 and 3
Tax Book Number:

F-103LAW
Tax Annual Amount:

4146.64

Beds

Bedrooms Total:

8

Baths

Total Baths:

8

The Listing

Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/stellar/OM695746
Special Listing Conditions:

None

Heating & Cooling

Heating:

Electric
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Cable Connected
Sewer:

Public Sewer

Appliances

Appliances:

Electric Water Heater
Laundry Features:

None

Schools

Elementary School:

Belleview Elementary School
Middle Or Junior School:

Belleview Middle School
High School:

Belleview High School

The Community

Subdivision Name:

LAWS SUB
Senior Community:

true
Waterview:

false
Water Access:

false
Waterfront:

false
Pool Private:

false
Pets Allowed:

Cats OK
Pet Restrictions:

Small pets - not to exceed 15 lbs.
# of Pets:

1
Max Pet Weight:

15
Association:

false
Ownership:

Fee Simple
Association Approval Required:

false

Parking

Garage:

false
Carport:

false
Open Parking:

true
Parking Features:

Ground Level

Extra Units

Other Structures:

Other
# of Units Total:

8

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
2/24/25 Feb 24, 2025	Listed / Active	STELLAR_MLS	$850,000

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This multifamily located in Belleview, FL 34420 is currently for sale for $850,000. 11613 SE 57th Avenue is a 4,128 square foot multifamily with 8 beds and 8 baths that has been on Estately for 8 days. This multifamily is in the attendance area of Belleview Elementary School, Belleview Middle School, and Belleview High School.

Listing Courtesy of: STELLAR_MLS and PLATINUM HOMES AND LAND REALTY.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.