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$599,995
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Property Description
Investor Alert: Rare 5 Unit Multifamily in Mascotte Florida! this 5-unit property is generating approximately $6,050/month in gross income with leases in place instant cash flow from day one. Each unit features separate electric meters and service panels, minimizing owner expenses and maximizing efficiency. Located just off Hwy 50 near shopping, dining, and the Mascotte Civic Center, with quick access to Clermont and about 40 minutes to Walt Disney World. Extremely limited multifamily inventory in Mascotte don't miss this high-demand, income-producing asset! Seller replaced the roof and the new septic. THIS PROPERTY CAN BE PURCHASED WITH NO INCOME VERIFICATION.
Full Property Details
Full Property Details for 53 Bluff Lake Rd
General
- Price: $599,995
- Taxes: $6,544 (2025)
- Status: Active
- Type: Multi-Family
- Source: MidFloridaRegionalMLS
- MLS ID: O6399860
- Updated: 7/6/2026
- Added to Site: 133 day(s) ago
Interior
- Interior Features: Ceiling Fan(s)
Rooms
Bathrooms
- Total Bathrooms: 5
Bedrooms
- Total Bedrooms: 10
Exterior
- Exterior Features: Lighting
Location
- Area: 34753 - Mascotte
- County: Lake
- Development Name: 34753 - Mascotte
- Subdivision: ACREAGE & UNREC
- Driving Directions: Get on I-4 E 5 min (2.9 mi) Follow I-4 E and FL-33 N to Bluff Lake Rd in Macotte 47 min (42.1 mi) 53 Bluff Lake Rd.
Community
- Community Name: 34753 - Mascotte
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Wall Units / Window Unit
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: Cable TV Available, Electricity Available, Phone Available, Sewer Available, Sewer Connected, Water - Multiple Meters, Water Available, Water Connected
Structural Information
- # Buildings: 1
- Exterior Const.: Block, Stucco
- Roof: Metal
- Square Feet: 4,764
- Sq. Ft. Source: Public Records
- Year Built: 1979
Lot Features
- Lot Size (Acres): 0.32
- Lot Size (Sq. Ft.): 13,804
- Lot Size: 13804
- Lot Dimensions: 58 x 238
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $6,544
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: FROM NE COR OF S 1/2 OF SW 1/4 OF NE 1/4 OF NW 1/4 RUN S 00DEG 04MIN 57SEC E 50 FT, S 89DEG 59MIN 35SESC W 242.38 FT, S 00DEG 04MIN 57SEC E 68.92 FT FOR POB, RUN S 89DEG 59MIN 35SEC W 257.37 FT TO E'LY R/W LINE OF SR 33 & PT A, RETURN TO POB, RUN S 0 0DEG 04MIN 57SEC E 57.51 FT, S 90DEG 00MIN 00SEC W 218 FT TO E'LY R/W LINE OF SR 33, NW'LY ALONG SAID R/W TO PT A ORB 5749 PG 1987
- Flood Zone Info: x
- APN: 142224000200003300
- Property ID: 142224000200003300
Listed by Elite Investors Realty Llc
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Schools
Schools serving 53 Bluff Lake Rd
School District:Lake County School District
| Name | Grades | Distance |
|---|---|---|
Groveland Elementary School 930 Parkwood Street, Groveland, FL 34736 | PK-5 | 2.8 mi |
Gray Middle School 205 East Magnolia Street, Groveland, FL 34736 | 6-8 | 2.2 mi |
South Lake High School 15600 Silver Eagle Road, Groveland, FL 34736 | 9-12 | 4.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 53 Bluff Lake Rd
Date
Details
Price
Change
Source
6/16/2026
Price Reduced
$599,995
-11.11%
MLS
5/13/2026
Price Reduced
$674,995
-3.57%
MLS
4/19/2026
Listed
$699,995
66.67%
MLS
12/15/2023
Sold
$420,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 53 Bluff Lake Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,544
-17%
$342,308
—
2024
$7,847
—
$342,308
—
2024
$7,847
127%
$341,350
137%
2023
$3,458
8%
$143,862
26%
2021
$3,211
-11%
$114,044
-21%
2022
$3,613
13%
$143,862
6%
2021
$3,211
-10%
$135,163
—
2019
$3,574
1%
$135,163
—
2018
$3,550
8%
$135,163
3%
2017
$3,292
-38%
$131,815
-20%
2016
$5,297
-18%
$164,249
-24%
2015
$6,421
24%
$215,508
2%
2014
$5,191
-3%
$212,285
2%
2013
$5,363
—
$208,097
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 53 Bluff Lake Rd
53 Bluff Lake Road, Mascotte, FL 34753 (MLS# O6399860) is a Multi-Family property with 5 units containing 10 bedrooms and 0 full bathrooms. 53 Bluff Lake Road is currently listed for $599,995 and was received on April 19, 2026. Want to learn more about 53 Bluff Lake Road? Do you have questions about finding other Multi-Family real estate for sale in Mascotte? You can browse all Mascotte real estate or contact a Coldwell Banker agent to request more information.

