
- Carolyn Watson, REALTOR ®
- Tropic Shores Realty
- Mobile: 941.815.8430
- carolyntuckerwatson@gmail.com
Share this property:
Contact Carolyn Watson
Schedule A Showing
Request more information
- Home
- Property Search
- Search results
- 11613 57th Avenue, BELLEVIEW, FL 34420
- MLS#: OM695746 ( Residential Income )
- Street Address: 11613 57th Avenue
- Viewed: 76
- Price: $850,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1978
- Bldg sqft: 0
- Bedrooms: 8
- Total Baths: 8
- Days On Market: 37
- Additional Information
- Geolocation: 29.0528 / -82.0553
- County: MARION
- City: BELLEVIEW
- Zipcode: 34420
- Subdivision: Laws Sub
- Elementary School: Belleview Elementary School
- Middle School: Belleview Middle School
- High School: Belleview High School
- Provided by: PLATINUM HOMES AND LAND REALTY
- Contact: John Ghannam
- 352-565-7555
- DMCA Notice
-
DescriptionAn 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.
All
Similar
Property Features
Appliances
- Electric Water Heater
- Range
- Range Hood
- Refrigerator
Home Owners Association Fee
- 0.00
Carport Spaces
- 0.00
Close Date
- 0000-00-00
Cooling
- Central Air
Country
- US
Covered Spaces
- 0.00
Exterior Features
- Courtyard
- Lighting
- Private Mailbox
Flooring
- Tile
Garage Spaces
- 0.00
Heating
- Electric
High School
- Belleview High School
Insurance Expense
- 0.00
Interior Features
- Living Room/Dining Room Combo
- Open Floorplan
- Primary Bedroom Main Floor
- Solid Surface Counters
- Thermostat
Legal Description
- SEC 36 TWP 16 RGE 22 PLAT BOOK F PAGE 103 LAW S SUB BLK D LOT 2 and 3
Levels
- One
Living Area
- 4128.00
Lot Features
- City Limits
- Landscaped
- Street Dead-End
- Paved
Middle School
- Belleview Middle School
Area Major
- 34420 - Belleview
Net Operating Income
- 0.00
Occupant Type
- Tenant
Open Parking Spaces
- 0.00
Other Expense
- 0.00
Other Structures
- Other
Parcel Number
- 37462-004-02
Parking Features
- Ground Level
- Guest
- Off Street
- Open
Pets Allowed
- Cats OK
- Dogs OK
Possession
- Close of Escrow
Property Condition
- Completed
Property Type
- Residential Income
Roof
- Shingle
School Elementary
- Belleview Elementary School
Sewer
- Public Sewer
Tax Year
- 2024
Tenant Pays
- Electricity
- Sewer
- Trash Collection
- Water
Township
- 16S
Utilities
- Cable Connected
- Electricity Connected
- Fire Hydrant
- Phone Available
- Public
- Sewer Connected
- Street Lights
- Water - Multiple Meters
- Water Connected
View
- City
- Trees/Woods
Views
- 76
Virtual Tour Url
- https://www.propertypanorama.com/instaview/stellar/OM695746
Water Source
- Public
Year Built
- 1978
Zoning Code
- R3

Listings provided courtesy of The Hernando County Association of Realtors MLS.
Listing Data ©2025 REALTOR® Association of Citrus County
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Display of MLS data is usually deemed reliable but is NOT guaranteed accurate.
Datafeed Last updated on April 3, 2025 @ 12:00 am
©2006-2025 brokerIDXsites.com - https://brokerIDXsites.com
Sign Up Now for Free!X
Call Direct: Brokerage Office: Mobile: 941.815.8430
Registration Benefits:
- New Listings & Price Reduction Updates sent directly to your email
- Create Your Own Property Search saved for your return visit.
- "Like" Listings and Create a Favorites List
* NOTICE: By creating your free profile, you authorize us to send you periodic emails about new listings that match your saved searches and related real estate information.If you provide your telephone number, you are giving us permission to call you in response to this request, even if this phone number is in the State and/or National Do Not Call Registry.
Already have an account? Login to your account.