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12120 SE 53rd Terrace Road Unit All Units

Belleview, FL 34420

27 beds
15 baths
11,898 sqft
~2 acre lot
$163 per sqft
1984 build
– on site

Investment opportunity to acquire 15 units (6 duplexes and 1 triplex) on one parcel, in the strong rental market of Belleview FL, in southern Marion County. The unit mix consists of 12 2/1's, and 3 1/1's. Located between Ocala, and the Villages, Belleview has become an emerging rental market for its proximity to one of the fastest growing developments in the Country, The Villages "Florida's Friendliest Hometown". This is a value-add opportunity with current rents well below market.

Listing courtesy of STELLAR_MLS / COLDWELL BANKER ELLISON REALTY O

Last checked: Checking… • Last updated Oct 20, 2024 •

MLS# OM660307 —

The Building

Year Built:

1984
New Construction:

false
Construction Materials:

Block
Levels:

One
Roof:

Shingle
Foundation Details:

Slab
Unit Number:

All Units
# of Buildings:

7
Building Area Units:

Square Feet

Interior

Interior Features:

Other
Furnished:

Unfurnished
Flooring:

Carpet
Fireplace:

false

Room Dimensions

Living Area:

11898
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

From Ocala, take 441 south to right on Hwy 484 (at the Wawa), to left on SE 53rd Ter Rd. Property is on the right.
Latitude:

29.045735
Longitude:

-82.060246
Coordinates:

-82.060246, 29.045735

The Property

Parcel Number:

3852300100
Property Type:

Residential Income
Property Subtype:

Multi Family
Lot Size Acres:

1.87
Lot Size Area:

1.87
Lot Size SqFt:

81457
Lot Size Units:

Acres
Total Acres:

1 to less than 2
Zoning:

R3
View:

false
Exterior Features:

Other
Water Source:

Public
Road Surface Type:

Paved
Flood Zone Code:

X
Additional Parcels:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2022
Tax Lot:

2
Tax Block:

89
Tax Legal Description:

SEC 01 TWP 17 RGE 22 PLAT BOOK A PAGE 015 BELLEVIEW BLK 89 A PT OF LOTS 2.3 BEING MORE PARTICULARLY DESC AS: Lengthy Legal in Office
Tax Book Number:

A-015
Tax Annual Amount:

14728

Beds

Bedrooms Total:

27

Baths

Total Baths:

15

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Electricity Connected
Sewer:

Public Sewer

Appliances

Laundry Features:

Outside

The Community

Subdivision Name:

N/A
Senior Community:

false
Water View:

false
Water Access:

false
Waterfront:

false
Pool Private:

false
Association:

false
Ownership:

Fee Simple

Parking

Garage:

false
Carport:

false

Extra Units

# of Units Total:

15

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
5/15/24 May 15, 2024	Price Changed	STELLAR_MLS	$1,950,000	-3.7%
11/13/23 Nov 13, 2023	Price Changed	STELLAR_MLS	$2,025,000	-3.3%
6/27/23 Jun 27, 2023	Listed / Active	STELLAR_MLS	$2,095,000

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12120 SE 53rd Terrace Road Unit All Units

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This multifamily located in Belleview, FL 34420 is currently for sale for $1,950,000. 12120 SE 53rd Terrace Road Unit All Units is a 11,898 square foot multifamily with 27 beds and 15 baths that has been on Estately for 516 days. This multifamily is in the attendance area of Belleview High School, Belleview Elementary School, and Belleview Middle School.

Listing Courtesy of: STELLAR_MLS and COLDWELL BANKER ELLISON REALTY O.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2024.

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.