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$1,250,000

360 S Lakeview Drive Lake Helen, FL 32744 Residential - Condominium Active

  • 360 S Lakeview Drive, Lake Helen, FL 32744 Main Photo

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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 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 Florida's 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)

Property Highlights

Property Type: Residential - Condominium
Cooling: Central Air, Wall/Window Unit(s)
Heating: Central, Electric
Lot Size: 0.27 Acres
Roof Type: Metal
Stories: 2.0
Taxes: $9,356
Year Built: 1988

General Information

Bedrooms: 4
Bathrooms: 4 Full 2 Half
Sqft: 3,684
County: Volusia
High School: Deland High
Subdivision: LAKE HELEN BLK 16
Listed By:
Ron Hadd NEXTHOME REALTY PROS 386-668-2626

Amenities

Chair Rail
Awning(s)

Room Information

Kitchen: 13x13

Property Features

Appliances: Electric Water Heater
Community Features: Community Mailbox, Golf Carts OK
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
Flood Zone Code: X
Flooring: Tile, Vinyl
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Owner Financing
Lot: City Limits
Lot Dimensions: 0.27
Ownership: Fee Simple
Parking: Off Street, Open
Parking Notes: Off Street, Open
Property Attached Y/N: No
Property Sub-Type: Condo - Hotel
Sewer: Septic Tank
Showing Instructions: Call Listing Agent, Do Not Contact Tenants
Special Sale Provisions: None
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
Zoning: BUSINESS
$1,250,000
4beds
4.5baths
3,684sqft
New to the Market Active
BEDS4 BATHS4 full 2 partial SQUARE FEET3,684 MLS#V4950314
STATUSActive PROPERTY TYPEResidential - Condominium SUBDIVISIONLAKE HELEN BLK 16

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360 S Lakeview Drive, Lake Helen, FL 32744.

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Estimated Payment

$ 5,360.29 per month $4,216.04 Principal & Interest $779.67 Property Tax $364.58 Homeowner's Insurance

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