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11613 Se 57th Avenue, Belleview, FL 34420

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For Sale

$850,000

8 beds4,128 sqft

Estimated Payment

$ 4,720 /mo.

6.67% APR for 30 yrs.
$4,146 in taxes
Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $205.91
    Price per square foot

  • 41-50 Years Old
    Age

Explore this Property

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.
MLS# OM695746

Courtesy Of Platinum Homes and Land Realty

(352) 565-7555

Property Features

  • Age
    41-50 Years Old
  • Amenities
    Security System, Security System
  • Appliances
    Range, Refrigerator
  • Architecture Style
    Other
  • Exterior Type
    Block, Stone, Stucco
  • Floor Covering
    Tile
  • Lot Size
    0.72 Acres

Home seller CENTURY 21 Affiliates

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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $4,374
  • Property Taxes
    $345
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $4,720

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Belleview Elementary School

Grades PK-5 Public School


Belleview, FL 34420 0.1 miles
5556 se county highway 484

592 total students
16:1 Student teacher ratio

Belleview Middle School

Grades 6-8 Public School


Belleview, FL 34420 2.3 miles
10500 se 36th ave

1432 total students
21:1 Student teacher ratio

Belleview High School

Grades 9-12 Public School


Belleview, FL 34420 2.5 miles
10400 se 36th ave

1645 total students
24:1 Student teacher ratio

Other Nearby Schools Distance Type Grades School Rating
Belleview Christian Academy / Lfcs 0.6 miles Private PK-8
Lifespan Academy Llc 1.8 miles Private PK-5
Gracepointe Academy 2.4 miles Private KG-12
Belleview-santos Elementary School 2.6 miles Public PK-5 C-
Legacy Elementary School 3.4 miles Public PK-5 D-
Emerald Shores Elementary School 3.6 miles Public PK-5 D-
Harbour View Elementary School 4 miles Public PK-5 D
Village View Christian Academy 4.1 miles Private PK-12
Marion Charter School 4.6 miles Public KG-5 B
Lake Weir High School 5 miles Public 9-12 D+
Greenway Elementary School 5.3 miles Public PK-5 C-
Lake Weir Middle School 5.7 miles Public 6-8 D
Redeemer Christian School 5.9 miles Private PK-12

Belleview Christian Academy / Lfcs

Distance: 0.6 miles

Type Private

Grades: PK-8

Lifespan Academy Llc

Distance: 1.8 miles

Type Private

Grades: PK-5

Gracepointe Academy

Distance: 2.4 miles

Type Private

Grades: KG-12

Belleview-santos Elementary School

Distance: 2.6 miles

Type Public

Grades: PK-5

C-

Legacy Elementary School

Distance: 3.4 miles

Type Public

Grades: PK-5

D-

Emerald Shores Elementary School

Distance: 3.6 miles

Type Public

Grades: PK-5

D-

Harbour View Elementary School

Distance: 4 miles

Type Public

Grades: PK-5

D

Village View Christian Academy

Distance: 4.1 miles

Type Private

Grades: PK-12

Marion Charter School

Distance: 4.6 miles

Type Public

Grades: KG-5

B

Lake Weir High School

Distance: 5 miles

Type Public

Grades: 9-12

D+

Greenway Elementary School

Distance: 5.3 miles

Type Public

Grades: PK-5

C-

Lake Weir Middle School

Distance: 5.7 miles

Type Public

Grades: 6-8

D

Redeemer Christian School

Distance: 5.9 miles

Type Private

Grades: PK-12

Local area information for Belleview, FL 34420

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Belleview, FL 34420

This community’s employment is highest in the food and administrative support industries. The area’s overall household expenses are below the national average.

92° July
Hottest Average Month

46° January
Coldest Average Month
8,048 Total Households in Area
30.1%
of households
have children
27 minutes
Median Commute Time

Household Expenses vs National Average

Demographic facts
for Belleview, FL 34420

Belleview, FL 34420 has a population of 19,343 people in 8,048 households with a median age of 47 years old.

Up 7.1%
Increase in population
since the year 2010

Population is Trending up
7,409
Total households as of 2010
Up
5.8%

Community Population By Age

Community Population By Ethnicity

White 76%
Hispanic 14%
Black 6%
Other 5%
Asian 1%
Native American <1%

Economics
for Belleview, FL 34420

687 /sq mi
Population Density
$48,647 /yr
Median Household Income
$232,500
Median Sales Price
27 min
Median Commute Time

Household Expenses vs National Average

Household by Income

Transportation to Work

  • Drive 93%
  • Work from Home 5%
  • Walk or Bike 3%
  • Public Transit 0%

Occupancy by Type

Owned 5,726 65%
Rented 2,322 26%
Vacant 814 9%

White vs Blue Collar Jobs







White Collar 68%
Blue Collar 32%

Family & Education Facts
for Belleview, FL 34420

47 Median Age

Average Household Size

2.4
persons per
household

40.5%

Married Households

Community Population By Education

High School Graduate 38%
Some College 27%
Bachelors Degree 11%
Some High School 10%
Associates Degree 9%
Graduate Degree 5%

Household Family Expenses vs National Average

30.1% of households have children

Weather
for Belleview, FL 34420

The weather for this area ranges from a high of 92° F in July to a low of 46° F in January

92° July
Hottest Average Month
46° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
46°
70°
Feb
48°
72°
Mar
53°
77°
Apr
58°
83°
May
64°
88°
Jun
70°
91°
Jul
72°
92°
Aug
72°
92°
Sep
70°
89°
Oct
62°
83°
Nov
53°
76°
Dec
48°
71°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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