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504 Ocean Avenue, Apopka, FL 32703
$285,000
504 Ocean Avenue, Apopka, FL 32703View this property at 504 Ocean Avenue, Apopka, FL 32703
504 Ocean AvenueApopkaFL32703
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Property Description
Rare find cash cow - 3-unit triplex building for sale. Concrete block construction. 2 units occupied by long-term month-to-month tenants paying $525 per month (very low and should be increased to near $800 per month) who are paid up-to-date and want to stay. 1 unit is currently empty. All units are 1 bedroom, 1 bathroom, plus living room, and kitchen. All units have separate electric meters paid for by the tenants. Water bill (approx $25 per month), lawn maintenance ($100 per month), and pest control ($35 per month) are paid by the landlord. Roof replaced in 2017. Septic and drain field replaced in 2018 and pumped in 11/2022. Water heaters replaced in 2015. Building partially re-plumbed in 2015 with each unit having its own water heater and shut off valve. Building totally re-wired with new electric panels in 2005. Unit B had new kitchen in 2018, new flooring in 2023, and freshly painted in 2023. Unit C has carpet. Unit A was tile floored and updated kitchen in 2015. Garage has been rented out in the past to a 4th tenant as a storage unit for $250+ per month. Easy to rent as the building is just minutes from Aldi, Winn Dixie, Sams Club, Walmart Supercenter, convenience stores, lots of shopping, and the bus route. Seller is downsizing their portfolio and says let's make a deal.
Full Property Details
Full Property Details for 504 Ocean Ave
General
- Sold For: $285,000
- Taxes: $2,642 (2022)
- Status: Closed
- Type: Triplex
- MLS ID: O6150095
- Added to Site: 207 day(s) ago
Interior
- Interior Features: Other
- Appliances: Electric Water Heater, Range, Refrigerator
- Flooring: Carpet, Laminate, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Exterior
- Exterior Features: Storage
- Deck/Patio: Covered, Deck
- Porch/Patio/Deck: Covered, Deck
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Driveway, Oversized
Location
- Area: 32703 - Apopka
- County: Orange
- Development Name: 32703 - Apopka
- Subdivision: NONE
- Driving Directions: From Apopka, east on Semoran Blvd (SR 436) past Thompson, right at Ocean Ave.
Community
- Community Name: 32703 - Apopka
Heating & Cooling
- Cooling Type: Other, Wall/Window Unit(s)
- Heating Type: Wall Units / Window Unit
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: BB/HS Internet Available, Cable TV Available, Electricity Connected, Water Connected
Structural Information
- # Buildings: 1
- Exterior Const.: Block, Stucco
- Roof: Membrane
- Stories/Levels: One
- Square Feet: 1,502
- Sq. Ft. Source: Public Records
- Living Area: 1,502 Sq. Ft.
- Year Built: 1958
Lot Features
- Lot Size (Acres): 0.32
- Lot Size (Sq. Ft.): 14,060
- Street/Road Desc.: Paved
- Rcmdd Zoning: R-2
Financial Considerations
- Tax Amount: $2,642.14
- Tax Year: 2022
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: E 148 FT OF W 356.20 FT OF E 658 FT OF S100 FT OF N 755 FT OF SE1/4 OF SW1/4 OFSEC 11-21-28 (LESS N 5 FT)
- Flood Zone Info: X
- Disclosures/Reports: Lead Paint, Seller Property Disclosure
- APN: 11-21-28-0000-00-148
- Property ID: 11-21-28-0000-00-148
Listed by Sand Dollar Realty Group Inc
Sold by My Realty Group, Llc.
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Schools
Schools serving 504 Ocean Ave
School District:Orange County School District
Rating | Name | Grades | Distance |
---|---|---|---|
815 Roger Williams Rd, Apopka, FL 32703 | PK-5 | 0.2 mi | |
5903 Randolph Ave, Belle Isle, FL 32809 | K-8 | 15.5 mi | |
2601 Lakeville Rd, Apopka, FL 32703 | 6-8 | 2.3 mi | |
2501 N Hiawassee Rd, Apopka, FL 32703 | 9-12 | 2.4 mi | |
5903 Randolph Ave, Belle Isle, FL 32809 | 9-12 | 15.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 504 Ocean Ave
Date
Details
Price
Change
Source
11/30/2023
Sold
$285,000
-9.52%
MLS
10/24/2023
Price Reduced
$315,000
-4.52%
MLS
10/16/2023
Listed
$329,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
504 Ocean Avenue, Apopka, FL 32703 (MLS# O6150095) is a Triplex property that was sold at $285,000 on November 30, 2023. Want to learn more about 504 Ocean Avenue? Do you have questions about finding other Triplex real estate for sale in Apopka? You can browse all Apopka real estate or contact a Coldwell Banker agent to request more information.