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Off market
  • $1,163,700

    242 Cedar St, Englewood, FL 34223

    --beds
    0baths
    6,930sqft
    Multi-Family
    Built in 1956
    -- sqft lot
    $1,163,700 Zestimate®
    $168/sqft
    $1,873 Estimated rent

    Home value

    $1,163,700

    $943,000 - $1.47M

    $1,873/mo

    Zestimate® history
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    $7,596/mo

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    What's special

    Inspection Reports and Auction catalog attachment, April 21 open @ 1pm. This Auction will be held OFF SITE at 317 Harbor Drive, Venice. 12 Plex compound of 6 duplexes located at 242 Cedar Street in Englewood is a cash cow, generating income with rents paid monthly by very stable tenants. Low turnover of tenants with an onsite manager that watches over things for a slight discount in rent. These Duplex units are all 1 Bedroom, 1 Bath, and are all currently rented out, tenants have been in place for a long time and wish to stay. There is a resident manager on site who pays a little less rent to watch over these units. This is a unique opportunity to purchase a fine investment property near the downtown area of Englewood. New home construction up the street, Lots of local amenities: Englewood Hospital, Publix, Public Boat Launch, Private Boat Slips for Rent nearby. The waterfront showcases many multi-million dollar homes.Walk to the boat Launch and rental docks. Sunset over Lemon Bay, Publix nearby,One of the many marinas nearby, showing off the quirky casual nature of Englewood. If you drive by, Please do not disturb the peace and serenity of the tenants on site. For full details, send a request by email for the auction catalog of this property.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Originating MLS: Venice

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Appliances
    • Included: Microwave, Range / Oven, Refrigerator
    Features
    • Living Room/Dining Room Combo
    • Flooring: Tile, Carpet
    Interior area
    • Structure area source: Public Records
    • Total interior livable area: 6,930 sqft

    Property

    Features
    • Levels: One
    Lot
    • Size: 0.9 Acres
    • Features: Street Paved
    • Residential vegetation: Mature Landscaping, Oak Trees, Trees/Landscaped
    Details
    • Zoning: RMF1
    • Special conditions: Auction

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi-Family
    Condition
    • Year built: 1956

    Utilities & green energy

    • Utilities for property: Public

    Community & HOA

    Location
    • Region: Englewood

    Financial & listing details

    • Price per square foot: $168/sqft
    • Annual tax amount: $9,683
    • Tenant pays: Electricity, Water, Sewer, Trash Collection

    Price history

    DateEventPrice
    5/31/2018Sold$610,000-10.3%$88/sqft
    Source: Stellar MLS #N5917247 Report a problem
    3/31/2018Listed for sale$680,000$98/sqft
    Source: NEAL VAN DE REE & ASSOCIATES #N5917247 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 34223

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,163,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,163,700