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    1001 Coronado Court , #44

    Lake Placid, FL 33852
    • $2,100,000
    • STATUS: Active
    • ON SITE: 82 days
    • MLS #: 276865
    UPDATED: 70 min ago
    $2,100,000
    • 22
      BEDS
    • 6.03
      ACRES
    • 18
      BATHS
    • 9
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    2008
    County:
    Area:

    School Ratings & Info

    Description

    INVESTOR rental / development opportunity. 9 units with Certificate of Occupancy ready to rent or sell with plans and room to build out 42 more units. Start making money from the start while you continue to develop the remainder of the units. Village Del Mar is a waterfront development located Lake Grassy, great for recreation. There are 4, townhomes in the two story building which contain 3 bedrooms and 2.5 baths. There are 5, 2 bedroom 2 bath units in the one story building. These units were constructed with Spanish flair, barrel tile roofs, high end quality fixtures, granite countertops, trayed ceilings, tiled showers, jetted tubs, soaring ceilings, on demand hot water heaters, iron railings, leaded glass doors, brick pavers and more. Our rental market has a shortage of availability and units should fill up quickly if rentals is your objective. Estimated rental rates of $1,200 - $1,500 per unit for an estimated monthly income of $12,000 for the 9 existing units.

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    © 2021 Heartland Association of Realtors, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Compton Realty. Data last updated: 2021-03-07T08:42:26.963.
    www.comptonrealty.com/homes/112604579
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    1001 Coronado Court , #44 Lake Placid, FL 33852

    • Price: $2,100,000
    • Status: Active
    • Updated: 70 min ago
    • MLS #: 276865
    22
    Beds
    18
    Baths
    9
    ½ Baths
    6.03
    Acres
    2008
    Built
    County:
    Highlands
    Area:
    Highlands
    Property Description
    INVESTOR rental / development opportunity. 9 units with Certificate of Occupancy ready to rent or sell with plans and room to build out 42 more units. Start making money from the start while you continue to develop the remainder of the units. Village Del Mar is a waterfront development located Lake Grassy, great for recreation. There are 4, townhomes in the two story building which contain 3 bedrooms and 2.5 baths. There are 5, 2 bedroom 2 bath units in the one story building. These units were constructed with Spanish flair, barrel tile roofs, high end quality fixtures, granite countertops, trayed ceilings, tiled showers, jetted tubs, soaring ceilings, on demand hot water heaters, iron railings, leaded glass doors, brick pavers and more. Our rental market has a shortage of availability and units should fill up quickly if rentals is your objective. Estimated rental rates of $1,200 - $1,500 per unit for an estimated monthly income of $12,000 for the 9 existing units.
    Exterior Features

    Architectural Style One StoryTwo Story Construction Materials BlockConcrete Garage YN No Levels One Parking Features AssignedDrivewayDetachedOn Street Road Surface Type Paved Roof Barrel View Lake View YN Yes

    Interior Features

    Appliances DishwasherMicrowaveRefrigerator Cooling Central AirElectric Cooling YN Yes Flooring CarpetTile Heating CentralElectric Heating YN Yes Window Features Insulated Windows

    Property Features

    Association Amenities Powered Boats Allowed Association YN No Attached Garage YN No Listing Terms CashConventional New Construction YN Yes Number Of Units In Community 9 Pool Features None Property Condition New Construction Property Sub Type Apartment Sewer NoneSeptic Tank Special Listing Conditions None Tax Annual Amount 16233 Tax Year 2019 Utilities Sewer Not Available

    © 2021 Heartland Association of Realtors


    © 2021 Heartland Association of Realtors, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Compton Realty. Data last updated: 2021-03-07T08:42:26.963.
     
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    Compton Realty
    518 US 27 South
    Lake Placid FL, 33852