360 S Lakeview Drive, Lake Helen, FL 32744
- $1,250,000
- 4
- BD
- 6
- BA
- 3,684
- SqFt
- List Price
- $1,250,000
- Status
- Active
- Days on Market
- 6
- MLS#
- V4950314
- Property Style
- Condo - Hotel
- Year Built
- 1988
- Bedrooms
- 4
- Bathrooms
- 6
- Baths Half
- 2
- Living Area
- 3,684
- Lot Size
- 11,880
- Acres
- 0.27
- Total Acreage
- 1/2 to less than 1
- Legal Subdivision Name
- Lake Helen Blk 16
- MLS Area Major
- Lake Helen
Property Description
Prime Mixed-Use Investment Opportunity in the Heart of Lake Helen! Exceptional income-producing property situated on approximately one acre across three parcels. This unique investment features 2 commercial units and 4 residential rental units, all currently occupied, providing immediate cash flow with an average monthly income of approximately $6,500. Recent improvements include a new metal roof and fresh exterior paint, helping minimize maintenance costs. The property offers excellent visibility and is conveniently located near Lake Helen's downtown district, park, and horse arena, making it an attractive location for both commercial and residential tenants. This versatile mixed-use property presents an outstanding opportunity for investors seeking a fully leased asset with established income and long-term appreciation potential in one of Central Florida's most desirable small-town communities. Owner financing may be considered with an acceptable down payment and approved terms. Property Features: • Mixed-Use Commercial/Residential • Approximately 1 acre (3 parcels) • 2 Commercial Units • 4 Residential Rental Units • Fully Occupied • Average Monthly Income: Approximately $6,500 • New Metal Roof • Fresh Exterior Paint • 4 Bedrooms • 6 Bathrooms (4 Full, 2 Half)
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Additional Information
- Taxes
- $9356
- Minimum Lease
- 1-2 Years
- Location
- City Limits
- Community Features
- Community Mailbox, Golf Carts OK, No Deed Restriction
- Property Description
- Split Level
- Zoning
- BUSINESS
- Interior Layout
- Chair Rail
- Interior Features
- Chair Rail
- Floor
- Tile, Vinyl
- Appliances
- Electric Water Heater
- Utilities
- BB/HS Internet Available, Cable Available, Electricity Available, Phone Available, Sewer Connected, Underground Utilities, Water Available, Water Connected
- Heating
- Central, Electric
- Air Conditioning
- Central Air, Wall/Window Unit(s)
- Exterior Construction
- Block, Concrete
- Exterior Features
- Awning(s)
- Roof
- Metal
- Foundation
- Slab
- Pool
- No Pool
- Garage Carport
- 1 Car Carport
- Garage Features
- Off Street, Open
- Elementary School
- Volusia Pines Elem
- Middle School
- Deland Middle
- High School
- Deland High
- Floor Number
- 2
- Flood Zone Code
- X
- Parcel ID
- 2557532
- Legal Description
- LOT 4 EXC W 80 FT BLK 16 LAKE HELEN MB 4 PG 94 PER OR 5202 PG 4462 PER OR 5345 PG 0003 PER OR 5367 PG 2882 PER OR 5480 PG 3993 PER OR 5548 PG 1030 PER OR 7185 PG 3676 PER OR 8311 PG 1194
Listing courtesy of NEXTHOME REALTY PROS. 386-668-2626
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