$679,000

Estimated payment $4,155/month

Total Views 8,715
16 Beds
6.5 Baths
5,192 Sq Ft
$131 Price per Sq Ft

Highlights

  • The property is located in a historic district
  • 0.5 Acre Lot
  • Corner Lot
  • City View
  • 2 Fireplaces
  • Furnished

About This Home

This Historic property was home to the Van Zant family, founders of the rock bands Lynyrd Skynyrd, and .38 Special. It is recognized as an historical site by the State of Florida, complete with historic marker. The main four unit building is operated as short term rentals, with guests coming from all over the world! The manufactured home in back operates as a Padsplit with six private rooms and shared common areas. Tremendous cash flows make this a profitable investment from day one. New owner can continue to operate as is (seller will assist in transition), or come live in one unit and manage the rest and live off the income. All units come fully furnished and everything conveys, including branded website, operating systems, and two sets of coin operated washers/dryers for even more income!

Listing Agent

TODD SMITH

BLUE HORIZON REAL ESTATE LLC License #0620938

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,379

Year Built

  • Built in 1950

Lot Details

  • 0.5 Acre Lot
  • Property is Fully Fenced
  • Privacy Fence
  • Wood Fence
  • Corner Lot
  • Irregular Lot
  • Many Trees
  • May Be Possible The Lot Can Be Split Into 2+ Parcels

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof
  • Wood Siding
  • Block Exterior

Interior Spaces

  • 5,192 Sq Ft Home
  • 1-Story Property
  • Furnished
  • 2 Fireplaces
  • City Views
  • Dryer

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 16 Bedrooms

Home Security

  • Security Lights
  • Security Gate
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Circular Driveway
  • Shared Driveway
  • Off-Street Parking
  • Unassigned Parking

Location

  • The property is located in a historic district

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • 100 Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0668410000

Community Details

Overview

  • 2 Buildings
  • 5 Units
  • Lakeshore Subdivision

Building Details

  • Income includes ["laundry"]
  • Operating Expense $24,000
  • Gross Income $125,443
  • Net Operating Income $101,443

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,379

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • New Construction: No
  • Stories: 1
  • Year Built: 1950
  • Property Sub Type: Multi Family
  • Lot Size Acres: 0.5
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: Lakeshore
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Sewer:Public Sewer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Income And Expenses Operating Expense: 24000.0
  • Owner Pays:Sewer2: Yes
  • Fencing Fenced: Yes
  • Laundry Features Common Area2: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: None

Interior Features

  • Major Appliances: Dryer, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Furnished: Furnished
  • Owner Pays: Cable TV, Electricity, Exterior Maintenance, Grounds Care, Hot Water, HVAC Maintenance, Management, Pest Control, Repairs, Roof Maintenance, Sewer, Taxes, Trash Collection, Water
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 16
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Tile, Vinyl
  • Stories: 1
  • ResoLivingAreaSource: Owner
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Fireplaces Total: 2
  • Appliances:Electric Range: Yes
  • Appliances:Electric Cooktop: Yes
  • Appliances:Electric Oven: Yes

Exterior Features

  • Fencing: Other, Full, Privacy, Wood
  • Roof: Metal, Shingle
  • Lot Features: Corner Lot, Drainage Canal, Historic Area, Many Trees, Split Possible
  • Pool Features: None
  • View: City
  • Construction Type: Block, Frame, Wood Siding
  • Other Structures: Workshop
  • Exterior Features:Fencing - Full: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Corner Lot: Yes
  • Construction Materials:Block: Yes
  • Lot Features:Split Possible: Yes
  • Lot Features:Many Trees: Yes
  • View:City3: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Circular Driveway, Off Street, Shared Driveway, Unassigned
  • Parking Features:Unassigned: Yes
  • Parking Features:Circular Driveway: Yes
  • General Property Information:Garage YN: No
  • Parking Features:Off Street: Yes
  • Parking Features:Shared Driveway: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Available, Water Connected, Propane
  • Security: Carbon Monoxide Detector(s), Fire Alarm, Key Card Entry, Secured Lobby, Security Fence, Security Gate, Security Lights, Smoke Detector(s)
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Varies by Unit, Individual
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Electric3: Yes
  • Heating:Varies by Unit2: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Current Use: Hotel/Motel, Multi-Family, Residential
  • Lot Size Sq Ft: 21780.0
  • Parcel #: 0668410000
  • Zoning Description: Multi Family
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 125443.0
  • Income Includes: ["Laundry"]
  • Property Net Operating Income: 101443.0
  • Annual Operating Expense: 24000.0
  • Income And Expenses Net Operating Income: 101443.0

Tax Info

  • Tax Annual Amount: 4378.67
  • Tax Year: 2023

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,379 $318,747 $137,940 $180,807
2023 $4,379 $318,503 $137,940 $180,563
2022 $3,540 $256,582 $106,590 $149,992
2021 $3,273 $223,853 $94,050 $129,803
2020 $2,910 $187,581 $62,700 $124,881
2019 $2,665 $164,897 $47,025 $117,872
2018 $2,332 $126,462 $21,945 $104,517
2017 $2,125 $110,114 $18,810 $91,304
2016 $1,194 $56,934 $0 $0
2015 -- $88,885 $0 $0
2014 -- $96,054 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2024 12/28/24 For Sale $679,000 0.0% $131 / Sq Ft
12/16/2024 12/16/24 Off Market $679,000 -- --
11/06/2024 11/06/24 Price Changed $679,000 -2.9% $131 / Sq Ft
05/07/2024 05/07/24 For Sale $699,000 +935.6% $135 / Sq Ft
12/17/2023 12/17/23 Off Market $67,500 -- --
12/24/2015 12/24/15 Sold $67,500 -41.3% $18 / Sq Ft
12/03/2015 12/03/15 Pending -- -- --
08/22/2015 08/22/15 For Sale $115,000 -- $30 / Sq Ft
Source: realMLS (Northeast Florida Multiple Listing Service)

Deed History

Date Type Sale Price Title Company
Warranty Deed $67,500 Elite Title & Escrow
Warranty Deed $20,000 Realty Title Inc
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $331,500 Construction
Closed $315,000 Commercial
Closed $250,000 Commercial
Closed $125,000 Balloon
Closed $80,700 Construction
Source: Public Records

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Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 2024326

realMLS (Northeast Florida Multiple Listing Service)

APN: 066841-0000