Belleview Duplexes — Sale in Belleview, FL
- Price: $475K
- Listing type: For sale
- Asset type: Multifamily Property
- Location: Belleview, FL 34420
Description
Well-located 6-unit multifamily investment opportunity in Belleview, Florida, featuring two concrete block buildings with three units each. The property offers a straightforward unit mix and stable in-place income with immediate upside potential through rent growth and lease stabilization. Each unit is currently leased on a month-to-month basis, providing flexibility for a new owner to reposition, renovate, or implement market-rate rents over time. Current rents average approximately $700 per unit, which are below prevailing market levels for comparable units in the area. Recent capital improvements include a new roof, reducing near-term maintenance exposure. The seller is offering a $60,000 credit at closing to address prior sinkhole remediation, allowing a buyer to control the scope and execution of the repair post-closing. This property is well suited for an investor seeking a value-add multifamily asset with stable cash flow, low management complexity, and upside through operational improvements in a growing Marion County submarket. Listing Type: FOR SALE
Market Context
This multifamily in Belleview, FL is listed for sale at $475,000. It has been on the market for 71 days. Compare it against other multifamily listings for sale in Belleview, FL — view the full market.
Contact
- Erin Freel — Boyd Real Estate Group · (813) 478-1735 · erin@erinfreel.com
- Erin Freel · (813) 478-1735 · erin@erinfreel.com
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