360 S Lakeview Drive
Lake Helen, FL 32744

Listed at $1,250,000

Details

  • MLS# V4950314
  • Residential - Condominium
  • Status Active
  • 4 Bedrooms
  • 4 full 2 partial Bathrooms
  • 3,684 Square Feet
  • 0.270 acres
  • Built in 1988
  • Local Schools

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...read more 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 Floridas 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)

Features

  • Electric Water Heater
  • Central Air, Wall/Window Unit(s)
  • Tile
  • Vinyl
  • Central, Electric
  • 2.0 Stories
  • $9,356 Taxes
  • Public
  • Built in 1988
View All Features

Contact the Agent

Contact the Listing Agent
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All Property Features

  • Property Type: Residential - Condominium
  • Appliances: Electric Water Heater
  • Community Features: Community Mailbox, Golf Carts OK
  • Cooling: Central Air, Wall/Window Unit(s)
  • Days on Site: 2
  • Directions: From Deland and I-4 come in Orange Camp Road which truns into Main st follow to the end turn tight on S Lakeviewgo down Lakeview appx one mile 360 S Lakrview will be on your right
  • Exterior: Block, Concrete
  • Exterior Features: Awning(s)
  • Flood Zone Code: X
  • Flooring: Tile, Vinyl
  • Foundation: Slab
  • Heating: Central, Electric
  • Home Warranty Y/N: No
  • Interior Features: Chair Rail
  • Listing Terms: Owner Financing
  • Lot Description: City Limits
  • Lot Dimensions: 0.27
  • Lot Size: 0.27 Acres
  • Ownership: Fee Simple
  • Parking: Off Street, Open
  • Parking Notes: Off Street, Open
  • Property Attached Y/N: No
  • Property Sub-Type: Condo - Hotel
  • Roof Type: Metal
  • Sewer: Septic Tank
  • Showing Instructions: Call Listing Agent, Do Not Contact Tenants
  • Special Sale Provisions: None
  • Stories: 2.0
  • Taxes: $9,356
  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Phone Available, Sewer Connected, Underground Utilities, Water Available, Water Connected
  • Water: Public
  • Water Access Y/N: No
  • Windows: Skylight(s), Blinds, Rods
  • Year Built: 1988
  • Zoning: BUSINESS