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$54,000
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Property Description
**Investment Opportunity in Belleview, FL: 1-Bedroom, 1-Bath with Tenant in Place** This charming 1-bedroom, 1-bathroom property in Belleview, FL, offers an excellent investment opportunity with a current tenant in place paying $650 per month, providing an attractive 11% cap rate! The home features a good-sized porch, perfect for relaxing outdoors, and includes a convenient storage space. The well-maintained property ensures low maintenance costs, making it an ideal choice for investors looking for a hassle-free addition to their portfolio. Located in a desirable area, this property combines affordability with strong rental income, offering a steady cash flow and great potential for long-term growth. Don't miss out on this fantastic investment! **Key Features:** - 1 Bedroom / 1 Bathroom - Good-Sized Porch - Additional Storage Space - Tenant in Place ($650/month) - 11% Cap Rate - Low Maintenance - Ideal Location in Belleview, FL **Contact us today to schedule a viewing or for more information!**
Full Property Details
Full Property Details for 9920 SE 119th Ln
General
- Sold For: $54,000
- Taxes: $754 (2023)
- Status: Closed
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: G5085260
- Added to Site: 534 day(s) ago
Rental Information
- Min. Lease: 6 Months
Interior
- Number of Rooms: 3
- Interior Features: Ceiling Fan(s)
- Appliances: Electric Water Heater, Range, Range Hood, Refrigerator
- Flooring: Carpet, Ceramic Tile, Laminate
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Exterior
- Exterior Features: Private Mailbox
Location
- Area: 34420 - Belleview
- County: Marion
- Development Name: 34420 - Belleview
- Subdivision: SMITH LAKE VILLAGE
- Driving Directions: 441/27 GO LEFT ON 25 GO RIGHT ON SE 98TH TERRACE RIGHT ON SE 119TH LANE, FIRST HOME ON RIGHT.
- Direction Faces: North
School Information
- Elementary School: Emerald Shores Elem. School
- Middle School: Lake Weir Middle School
- High School: Lake Weir High School
Community
- Community Name: 34420 - Belleview
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Septic Tank
- Water: Well
- Utility Description: BB/HS Internet Available, Electricity Connected
Structural Information
- Exterior Const.: Other
- Roof: Roof Over
- Stories/Levels: One
- Square Feet: 759
- Sq. Ft. Source: Public Records
- Living Area: 759 Sq. Ft.
- Year Built: 1966
Lot Features
- Lot Size (Acres): 0.29
- Lot Size (Sq. Ft.): 12,632
- Lot Size: 12632
- Lot Dimensions: 100 x 125
- Street/Road Desc.: Paved
Financial Considerations
- Tax Amount: $754.32
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: SEC 34 TWP 16 RGE 23 PLAT BOOK UNR PAGE 052 SMITH LAKE VILLAGE BLK A LOTS 81.82.83.84.85 BEING DESC AS FOLLOWS: S 125 FT OF E 125 FT OF W 275 FT OF E 1/2 OF GOV LOT 3
- Flood Zone Info: X
- APN: 3934001081
- Property ID: 3934001081
- Block/Lot/Section: A
Listed and Sold by Keller Williams Elite Partners Iii Realty
Get Pre-Approved Today
Schools
Schools serving 9920 SE 119th Ln
School District:Marion County School District
| Name | Grades | Distance |
|---|---|---|
Emerald Shores Elementary School 404 Emerald Road, Ocala, FL 34472 | PK-5 | 2.6 mi |
Lake Weir Middle School 10220 Southeast Sunset Harbor Road, Summerfield, FL 34491 | 6-8 | 3.3 mi |
Lake Weir High School 10351 Southeast Maricamp Road, Ocala, FL 34472 | 9-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 9920 SE 119th Ln
Date
Details
Price
Change
Source
9/02/2025
Sold
$54,000
-9.55%
MLS
7/31/2024
Listed
$59,700
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
9920 SE 119th Lane, Belleview, FL 34420 (MLS# G5085260) is a Single Family property that was sold at $54,000 on September 02, 2025. Want to learn more about 9920 SE 119th Lane? Do you have questions about finding other Single Family real estate for sale in Belleview? You can browse all Belleview real estate or contact a Coldwell Banker agent to request more information.

