NyeMosher Schwartz, PA
BEDS13
BATHS
SQUARE FEET4,388
MLS#O6395319
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONMASCOTTE MIDWAY
Property Description
Exceptional opportunity to acquire 8 units in the growing Lake County market, including a mobile home attached to the property, creating a unique blend of traditional multifamily and workforce housing income streams. Situated in the heart of Mascotte, this established asset offers seven primary rental units plus an additional attached mobile home, for a total of eight income-producing units, providing immediate cash flow with future upside through rent optimization, cosmetic improvements, and professional management efficiencies.Positioned within one of Central Florida's expanding workforce housing corridors, the property benefits from strong rental demand driven by proximity to Clermont, Groveland, Minneola, and the greater West Orlando growth path. Its established unit mix, accessible location, and affordable rental positioning make it an attractive long-term hold for investors focused on durable cash flow.This offering is available as part of a larger 112-unit bundled portfolio acquisition, allowing buyers to secure immediate scale, operational efficiency, and diversified rent roll exposure across multiple Central Florida communities. While this specific asset consists of 8 total units, it serves as a strategic component of the broader 112-unit portfolio opportunity.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Other
Heating: Other
Lot Size: 0.44 Acres
Roof Type: Other
Stories: 1.0
Taxes: $5,956
Year Built: 1973
Amenities
Other
Other
Feature Descriptions
Annual Net Income: 5456.60
Days on Site: 1
Directions: Take SR 50 into Mascotte, continue east on E Myers Blvd, property on right
Flood Zone Code: x
Foundation: Other
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, Owner Financing
Lot Dimensions: 0.44
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Triplex
Sewer: Septic Tank
Showing Instructions: Appointment Only
Special Sale Provisions: None
Units: 7
Utilities: Other
Water: Well
Water Access Y/N: No
Zoning: CG
Listed By / Shown By
Listed By
Agency Name: REMAX SUNSTATE REALTY
Agency Contact: 863-420-5851
Shown By
Agent Name: Nye Mosher Schwartz, PA
Agent Phone: Cell: (954) 701-3346
Agency Title: Realty 100
Estimate Your Payment
Estimated Payment
$ 2,635.98 per month $1,891.73 Principal & Interest $496.33 Property Tax $247.92 Homeowner's InsuranceChange Payment Information
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617 E Myers Boulevard | MLS# O6395319
This multi-family property located at 617 E Myers Boulevard , Mascotte, FL 34753 is currently listed for sale with an asking price of $850,000. Search Mascotte real estate on www.nyesellshomes.com today.