10586 SW PARK AVENUE

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Address: Park Ave, Florida 34269, USA
Created date: February 4, 2025
Date last updated: February 15, 2025

Property Description

Turnkey investment opportunity! This 5-acre income-producing property is a rare find, offering five well-maintained homes, each with its own shed, septic system, and electric meter—ensuring easy management and complete tenant independence. The current tenants are long-term and reliable, with each having lived here for at least three years and all on yearly leases, providing steady, hassle-free income. Plus, each tenant takes care of their own lawn, keeping maintenance to a minimum for the owner. Each of the five homes rents for $1,200 per month, creating a strong and consistent cash flow. Additionally, a privately owned home has been on the property for 11 years, paying $400 per month in lot rent—adding an extra stream of income! The homes are in great condition, making this an easy, turnkey investment with no immediate repairs needed. Beyond the current rental setup, this property offers huge potential for investors looking to expand. Whether you choose to keep it as-is and enjoy passive income or explore future development possibilities, the opportunities here are endless. With multiple income streams, reliable tenants, and minimal owner responsibilities, this property is a smart investment that works for you from day one. Don't miss out on this rare multi-home opportunity—reach out today to schedule a showing and secure your next profitable investment!

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $975,000
No. of Units: 5
Year Built: 2005
Lot Size: 5,274.00 Sq ft
Opportunity Zone: No
Price per unit: $195,000
Property Website Click Here
Number of Bedrooms: 15
Number of Bathrooms: 0
Address: 10586 SW PARK AVENUE, ARCADIA, FL 34269, USA
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