617 E Myers Boulevard, Mascotte, FL 34753
- $850,000
- 13
- BD
- 8
- BA
- 4,388
- SqFt
- List Price
- $850,000
- Status
- Active
- Days on Market
- 118
- MLS#
- O6395319
- Property Style
- Triplex
- Year Built
- 1973
- Bedrooms
- 13
- Bathrooms
- 8
- Living Area
- 4,388
- Lot Size
- 18,954
- Acres
- 0.44
- Total Acreage
- 1/4 to less than 1/2
- Legal Subdivision Name
- Mascotte Midway
- MLS Area Major
- Mascotte
Property Description
Exceptional opportunity to acquire 8 units in the growing Lake County market, including a mobile home attached to the property, creating a unique blend of traditional multifamily and workforce housing income streams. Situated in the heart of Mascotte, this established asset offers seven primary rental units plus an additional attached mobile home, for a total of eight income-producing units, providing immediate cash flow with future upside through rent optimization, cosmetic improvements, and professional management efficiencies. Positioned within one of Central Florida’s expanding workforce housing corridors, the property benefits from strong rental demand driven by proximity to Clermont, Groveland, Minneola, and the greater West Orlando growth path. Its established unit mix, accessible location, and affordable rental positioning make it an attractive long-term hold for investors focused on durable cash flow. This offering is available as part of a larger 112-unit bundled portfolio acquisition, allowing buyers to secure immediate scale, operational efficiency, and diversified rent roll exposure across multiple Central Florida communities. While this specific asset consists of 8 total units, it serves as a strategic component of the broader 112-unit portfolio opportunity.
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Additional Information
- Taxes
- $5956
- Community Features
- No Deed Restriction
- Property Description
- One Story
- Zoning
- CG
- Interior Layout
- Other
- Interior Features
- Other
- Utilities
- Other
- Heating
- Other
- Air Conditioning
- Other
- Exterior Construction
- Other
- Exterior Features
- Other
- Roof
- Other
- Foundation
- Other
- Pool
- No Pool
- Flood Zone Code
- x
- Parcel ID
- 14-22-24-0200-010-00100
- Legal Description
- MASCOTTE MIDWAY FROM E'LY COR OF LOT 1 BLK 10 RUN SW'LY ALONG THE LINE DIVIDING LOTS 1 & 2 BLK 10 TO A POINT OF INTERSECTION WITH SW'LY LINE OF 80 FT WIDE R/W OF SR 50 FOR POB RUN SW'LY ALONG LINES DIVIDING SAID LOTS 1 & 2 A DIST OF 200 FT NW'LY PARA LLEL WITH SW'LY R/W LINE OF SR 50 A DIST OF 100 FT TO A POINT ON SE'LY LINE OF ANDERSON AVE THENCE RUN IN NE'LY ALONG SE'LY LINE OF ANDERSON AVE A DIST OF 200 FT TO A POINT ON SW'LY LINE OF SAID SR 50 RUN SE'LY ALONG SW'LY R/W LINE OF SR 50 A DIST OF 100 FT TO POB--LESS FROM CENTER OF SEC 14-22-24 RUN S 41-26-08 E 375.14 FT S 48-33-52 W 40 FT FOR POB RUN N 41-26-08 W 40.45 FT S 48-28-52 W 60.06 FT N 65-44-17 E 30.06 FT S 86-18-14 E 44.43 FT TO POB FOR RD R/W--PB 11 PG 57-58 ORB 6370 PG
Listing courtesy of REMAX SUNSTATE REALTY. 863-420-5851
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