Sold for $490,000

$490,000

3200 NE 56TH AVENUE, SILVER SPRINGS, FL 34488

8beds

4baths

2,644sqft

Quadruplex, Multi Family

Built in 1951

-- sqft lot

$452,800 Zestimate^®

$185/sqft

$1,358 Estimated rent

Home value

$452,800

$389,000 - $521,000

$1,358/mo

Zestimate^® history

Owner options

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$1,358/mo

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$1,358/mo

Rent Zestimate^®

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$3,373/mo

Est. payment

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$3,373/mo

Est. payment

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What's special

Investor special! This income-producing 4-plex is made up of two buildings—3200 NE 56th Ave and 5600 NE 32nd St—just 1.4 miles (3 minutes) from Silver Springs State Park. All four units are 2 bedrooms, 1 bathroom. At 3200 NE 56th Ave, Unit A is rented at $1,300/month and Unit B is rented at $1,250. At 5600 NE 32nd St, Unit 1 is rented at $1,200.00 and one is an Airbnb rental, fully furnished and mostly booked, offering strong short-term rental income. The property sits on 0.47 acres, and the zoning allows for additional units to be built. Roofs were replaced in 2018 and 2019. Conveniently located near Walmart, USPS, and other stores and amenities—this is a great opportunity for steady cash flow with room to grow.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4

Heating

Central

Cooling

Central Air

Appliances

Laundry: Laundry Room

Features

Other
Has fireplace: No

Interior area

Total structure area: 2,644
Total interior livable area: 2,644 sqft

Property

Features

Exterior features: Other

Lot

Size: 0.47 Acres
Dimensions: 148 x 139

Details

Parcel number: 2397000000
Zoning: R3
Special conditions: None

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex, Multi Family

Materials

Concrete
Foundation: Slab
Roof: Shingle

Condition

New construction: No
Year built: 1951

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Connected, Public, Sewer Connected, Water Available

Community & HOA

Community

Pet fee: $0 monthly
Subdivision: SILVER SPGS

HOA

Has HOA: No

Location

Region: Silver Springs

Financial & listing details

Price per square foot: $185/sqft
Tax assessed value: $319,770
Annual tax amount: $5,766
Date on market: 7/1/2025
Cumulative days on market: 38 days
Listing terms: Cash,Conventional,FHA,VA Loan
Ownership: Fee Simple
Total actual rent: 0
Electric utility on property: Yes
Road surface type: Paved

Price history

Date	Event	Price
12/24/2025	Sold	$490,000-10.9%$185/sqft
Source: Stellar MLS #OM704740 Report a problem
11/3/2025	Price change	$550,000-7.6%$208/sqft
Source: Stellar MLS #OM704740 Report a problem
10/16/2025	Listed for sale	$595,000$225/sqft
Source: Stellar MLS #OM704740 Report a problem
7/11/2025	Pending sale	$595,000$225/sqft
Source: Stellar MLS #OM704740 Report a problem
7/2/2025	Listed for sale	$595,000+32.5%$225/sqft
Source: Stellar MLS #OM704740 Report a problem
7/12/2024	Listing removed	$449,000+19.7%$170/sqft
Source: Stellar MLS #T3303527 Report a problem
6/30/2021	Sold	$375,000-16.5%$142/sqft
Source: Public Record Report a problem
5/6/2021	Pending sale	$449,000$170/sqft
Source: Stellar MLS #T3303527 Report a problem
4/29/2021	Listed for sale	$449,000+168.1%$170/sqft
Source: Stellar MLS #T3303527 Report a problem
2/14/2005	Sold	$167,500$63/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$5,767 +7.2%	$277,695 +10%
2023	$5,382 +12.3%	$252,450 +10%
2022	$4,794 +21.7%	$229,500 +36.4%
2021	$3,939 +6.9%	$168,300 +10%
2020	$3,687 +45.4%	$153,000 +25.8%
2019	$2,536	$121,607 +1.9%
2018	$2,536 -12.1%	$119,340 +10.1%
2017	$2,884 +8.9%	$108,375 +4.2%
2016	$2,649	$104,040 +6.6%
2015	$2,649 +3.3%	$97,614
2014	$2,565 +3.6%	$97,614 +4.7%
2013	$2,477 -1.8%	$93,257 -3.5%
2012	$2,523 -4.1%	$96,660 -6.4%
2011	$2,629 -6.8%	$103,312 -11.1%
2010	$2,820 -10.2%	$116,186 -17.8%
2009	$3,140 -0.6%	$141,327 -2.8%
2008	$3,158 -4.6%	$145,357 -7.7%
2007	$3,309 +11.5%	$157,463 +28.7%
2006	$2,969 +29.2%	$122,312 +43.6%
2004	$2,298 +27%	$85,163 +18.8%
2002	$1,809 +6.9%	$71,704 +5.1%
2001	$1,692	$68,200
2000	$1,692	$68,200