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USAFLEagle Lake19 W Eagle Ave
19 W Eagle Ave, Home with 0 bedrooms, 0 bathrooms and null parking in Eagle Lake FL | Image 1
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$1,166,000

19 W Eagle Ave, Eagle Lake, FL

Real Estate

For Sale

$--,---,---
000
  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size 4134 sqft
Garage No
Maintenance Fees 
Taxes $6,513
Days Active 6
Approx. Age 1932
Avg. Price Per Sqft $282
MLS® Number TB8424613

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

** Prime Investment Opportunity – 8 Units + Portfolio Option ** Introducing a fully renovated 8-unit income-producing property located on a large corner lot in Eagle Lake. The property consists of 7 apartment units and 1 detached single-family home, offering versatile rental options for steady cash flow. Built with a combination of concrete block and wood frame, this property underwent a complete renovation with a NEW roof in 2022, all new electrical, all new plumbing (CPVC & PEX), luxury vinyl plank (LVP) flooring, new appliances, countertops, tankless 30-gallon water heaters, and fresh interior/exterior paint. Every system and finish has been modernized to minimize maintenance and maximize return. This property has a proven rental history, leasing quickly due to its quality updates and prime location. Investors will also appreciate the opportunity to purchase it as part of a larger portfolio consisting of three additional single-family homes, totaling 11 units across 4 parcels. With rents in Eagle Lake increasing over 300 p ercent in the last decade and the current average rent hovering around $2, 000, this property presents a rare chance to secure a total $100, 000 NOI at a 6.25 cap rate for 11 units. Other properties included in the optional portfolio: 52nd N 4th St (adjacent to subject property), 650 N 8th St, and 652 N Jackson St. Don’t miss this exceptional opportunity to expand or establish your rental portfolio in one of Central Florida’s fastest-growing rental markets.Show Description
MLS® NumberTB8424613
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1932
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/CDuctless
Heating Fuel

Extras

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