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$499,500
0000 Ne 55th Ave & 35th St, Silver Springs, FL 34488
4 Beds
4 Baths
2,100 sqft

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Pre-Construction. To be built. Investment opportunity!!! Projected Cap Rate of 6.5%! Quadraplex with each unit having 1 bedroom 1 bathroom. There are 2 quads available. They can be purchased together or individually. Pictures are renderings and for marketing purposes. Quads are part of the Community Redevelopment Act and as such will adhere to the Florida Vernacular Style. Expected rent is $900 a door. Projected rental proforma is an estimate and it is recommended that the buyer does their own due diligence. Projected rental proforma is as follows: Monthly rental for 1 Quad - $3,600. Expenses - $880. Simple Annual NOI $32,640.
  • Price:
  • $499,500
  • Bedrooms:
  • 4
  • Full Baths:
  • 4
  • Square Footage:
  • 2,100
  • Acreage:
  • 0.44
  • Year Built:
  • 2022
  • Listing ID #:
  • OM627642
  • Street Address:
  • 0000 Ne 55th Ave & 35th St
  • City:
  • Silver Springs
  • State:
  • Florida
  • Postal Code:
  • 34488
  • County:
  • Marion
  • Community:
  • 34488 - Silver Springs
  • Subdivision:
  • Oaklawn
  • Listing Status:
  • Active
  • Listing Type:
  • Single Family Residence
2
out of 5

Fort King Middle School
Public
School Grade Level 6-8
School Students 1100 students
School Teachers 18 student/
teacher
3
out of 5

Vanguard High School
Public
School Grade Level 9-12
School Students 1770 students
School Teachers 20 student/
teacher
n/a

OCALA SPRINGS ELEM. SCHOOL
Public
  • Building Condition:
  • Pre-Construction
  • Building Faces:
  • North
  • Construction Description:
  • Block
  • Flooring:
  • Vinyl
  • Foundation:
  • Slab
  • New Construction:
  • 1
  • Stories:
  • One
  • Total Building Square Footage:
  • 2100
  • Type Of Roof:
  • Metal
  • Year Built:
  • 2022
  • Conforms To Zoning:
  • R3
  • Lot Square Footage:
  • 19166
  • Road Type:
  • Asphalt
  • Can Be Leased:
  • Yes
  • Minimum Lease Term:
  • No Minimum
  • On Market Date:
  • 2021-09-24
  • Originating Mls:
  • Stellar Mls
  • Property Taxes:
  • $267
  • Tax Year:
  • 2021
  • Total Rooms:
  • 3
  • Appliances:
  • Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Cooling System:
  • Central Air
  • Heating:
  • Central
  • Sewage Type:
  • Public Sewer
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By SELLSTATE NEXT GENERATION REAL
  • © 2021 My Florida Regional MLS DBA Stellar MLS.. All rights reserved.
    The data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of My Florida Regional MLS DBA Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.
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