tomo logo

$374,900

Beds
6
Baths
4.0
sq ft
2,658

7545 S Old Oaks Dr, Floral City, FL 34436

7545 S Old Oaks Dr

Floral City, FL 34436

  • 59 days on market
Calling all investors this income producing multi-residential property is one you don't want to miss! Three brand new A/C units and. Three separate power meters one for each unit. 1400+ Sqft 3/2, 672 sqft 2/1, and a 576 sqft 1/1 all making money! Bring your checkbook and start collecting residual income today! This property is right around the corner from the public boat ramp, Tsala Apopka Lake, and The Withlacoochee River. Also just minutes down the road from Jacks store, Sleepy hallow, and Boondocks General store. Three separate dwellings, large two 2+ acres of fenced land. Each home has been well maintained and updated. This investment encases all newer appliances, tile and wood planking, beautiful wood features all through the log cabin, fencing, plenty of land for animals to roam with potential for a mini farm, and so much more. This is a must see! Call today for a showing.

Details

Property type

Single Family Residence

Est. home value

$392,712

Lot size

2.11 acres

Price per sq ft

$142

Year built

1971

Annual property taxes

$4,655

Price History

09/05/2024
CitrusCounty

CitrusCounty #837219

Listed
$374,900
+10.26%
06/10/2022
CitrusCounty

CitrusCounty #809323

Sold
$340,000

Schools & Community

Elementary school: 

Floral City Elementary

Middle school: 

Inverness Middle

High school: 

Citrus High

Negotiation Insights

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

Seller could get up to

$70,835
Asking price
$374,900
Closing costs (~8% of asking)
-$29,992
Est. remaining loan balance
-$274,073
Cash to seller
$70,835

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Brannen Bank

Loan start date

June 2022

Original loan amount

$310,000

Est. remaining balance

$274,073

Interest rate

4.38%

Loan type

New Conventional, 15 year

Seller

Steve Bright

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?

Similar Homes Nearby

CitrusCounty
$320,000
3 bd
|
2 ba
|
2,120 sq ft
|
House

5781 S Utopia Ter, Inverness, FL 34452

CitrusCounty
$329,000
3 bd
|
2 ba
|
1,382 sq ft
|
House

1107 S Fir Ter, Inverness, FL 34450

Price drop
CitrusCounty
$349,999
3 bd
|
2 ba
|
1,956 sq ft
|
House

690 & 678 S Flora Pt, Inverness, FL 34450

Status: Active

Tomo last checked: 11/03/2024 at 8:10 AM

Listing updated: 09/30/2024 at 12:19 PM

Listed by: Luke K Whitehurst, Century 21 J.W.Morton R.E. Phone #: (352) 726-6668

MLS: CitrusCounty #837219

CitrusCounty logo

Recently listed in Floral City