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$489,999

Beds
3
Baths
2.0
sq ft
2,184

5851 SE Drew Rd, Belleview, FL 34420

5851 SE Drew Rd

Belleview, FL 34420

  • 47 days on market
    • Price drop $10,000↓
One or more pictures have been vistually staged. This property offers endless opportunities! Set on a spacious corner lot, it's not just a home—it's also zoned Commercial B2, making it perfect for various uses within the Community Business District. Whether you're seeking a residence, business location, or investment, this property can accommodate your needs. B2 zoning allows for a range of possibilities, including retail shops, restaurants, offices, daycares, and more. The remodeled 3-bedroom, 2-bathroom home boasts modern updates, offering a move-in-ready space. Additionally, the finished basement presents a great opportunity for rental income or can be used as a separate living area or office. With commercial zoning, you have the flexibility to operate a business from home or lease the property for commercial purposes. Located just minutes from central Belleview, this is a rare chance to own a property with incredible potential for both residential and commercial use!

Details

Property type

Single Family Residence

Est. home value

$196,649

Property condition

Updated/Remodeled

Lot size

0.27 acres

Price per sq ft

$225

Year built

1938

Price History

09/30/2024
BrevardMLS

BrevardMLS #1025191

Price change
$489,999
-2%
09/19/2024
BrevardMLS

BrevardMLS #1025191

Listed
$499,999
+614.28%
04/23/2021
StellarMLS

StellarMLS #OM614308

Sold
$70,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Alexander Living Trust

Loan start date

August 2005

Original loan amount

$35,000

Est. remaining balance

Not provided

Interest rate

10%

Loan type

Seller take-back

Seller

Margaret Young and Richard Young

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/05/2024 at 7:25 AM

Listing updated: 10/01/2024 at 9:10 AM

Listed by: Carolina Mejia, Edge Real Estate Collective Phone #: (321) 351-2121

MLS: BrevardMLS #1025191

BrevardMLS logo

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