[Price Improvement] Turnkey Triplex investment opportunity in Minneola. This property is an excellent investment in the heart of Minneola, offering tremendous potential for an investor looking to generate steady rental income. Currently operating with month-to-month tenants, offering flexibility for the next owner to adjust rents to market value or restructure leases. This property presents an excellent opportunity for investors seeking immediate cash flow with room for income growth. Two of the units are 2 bed/2 bath, and one unit is 2 bed/1 ½ bath. Open floor plan includes living room, dining area and kitchen. Each unit has a separate, spacious laundry room. Sliding glass doors lead to private back porch. Each unit has its own utility meters and outdoor storage room. All A/C units replaced within the last 5 years. All hot water tanks replaced within the last 3 years. New roof replaced 2 years ago. Septic cleaned in 2025. Excellent location close to schools, shopping areas, downtown Clermont and major highways. Not too many of these opportunities come around often! Property for sale in As-Is condition. No HOA.
For sale
Price cut: $39.5K (3/28)
$589,500
209 Ridgecrest Loop, Minneola, FL 34715
6beds
6baths
2,974sqft
Est.:
Triplex, Multi Family
Built in 1988
-- sqft lot
$571,600 Zestimate®
$198/sqft
$-- HOA
What's special
- 137 days |
- 287 |
- 13 |
Zillow last checked:
Listing updated:
Listing Provided by:
Intaz Shabbeer 352-682-1451,
SWEET HOMES REALTY LLC 407-219-5131,
German Uribe 321-231-9015,
SWEET HOMES REALTY LLC
Source: Stellar MLS,MLS#: O6367698
Originating MLS: Orlando Regional
Originating MLS: Orlando Regional
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
Rooms
- Room types: Utility Room, Storage Rooms
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Laundry: Inside
Features
- Ceiling Fan(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo
- Flooring: Ceramic Tile
- Doors: Sliding Doors
- Has fireplace: No
Interior area
- Total interior livable area: 2,974 sqft
Video & virtual tour
Property
Parking
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Patio & porch: Patio
- Exterior features: Storage
Lot
- Size: 0.27 Acres
- Dimensions: 97 x 121
Details
- Additional structures: Storage
- Parcel number: 072226025000002800
- Zoning: RMF-1
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
Materials
- Block, Vinyl Siding, Wood Frame
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1988
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Available, Public
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: MINNEOLA RIDGECREST SUB
HOA
- Has HOA: No
Location
- Region: Minneola
Financial & listing details
- Price per square foot: $198/sqft
- Tax assessed value: $350,825
- Annual tax amount: $5,180
- Date on market: 12/19/2025
- Cumulative days on market: 137 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
$571,600
$543,000 - $600,000
$1,986/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/28/2026 | Price change | $589,500-6.3%$198/sqft |
Source:  Stellar MLS #O6367698 Report a problem | ||
| 2/22/2026 | Price change | $629,000-1.7%$211/sqft |
Source: Stellar MLS #O6367698 Report a problem | ||
| 12/19/2025 | Listed for sale | $639,900+635.5%$215/sqft |
Source: Stellar MLS #O6367698 Report a problem | ||
| 1/22/2001 | Sold | $87,000$29/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,181 +7.5% | $249,430 +10% |
| 2024 | $4,820 +5.4% | $226,760 +10% |
| 2023 | $4,574 +4.2% | $206,150 +10% |
| 2022 | $4,391 +27.7% | $187,410 +10% |
| 2021 | $3,439 +10.4% | $170,375 +10% |
| 2020 | $3,115 -4.4% | $154,886 |
| 2019 | $3,258 +7% | $154,886 +9.3% |
| 2018 | $3,044 | $141,653 +10% |
| 2017 | $3,044 +11.5% | $128,775 |
| 2016 | $2,731 +3.3% | $128,775 +6.1% |
| 2015 | $2,643 +17.7% | $121,351 +22.2% |
| 2014 | $2,246 +17.1% | $99,276 +4.7% |
| 2013 | $1,918 -0.5% | $94,861 |
| 2012 | $1,927 -3.6% | $94,861 -2.4% |
| 2011 | $1,998 -33.5% | $97,157 -36.1% |
| 2010 | $3,003 -7.2% | $152,038 -11.9% |
| 2009 | $3,238 -1.3% | $172,642 -3.5% |
| 2007 | $3,281 +17.3% | $178,953 +27.8% |
| 2006 | $2,798 +12.2% | $139,990 +15.6% |
| 2005 | $2,494 +5.3% | $121,055 |
| 2004 | $2,369 +2.5% | -- |
| 2003 | $2,312 +3.1% | $114,744 +3.2% |
| 2002 | $2,242 +8% | $111,141 +2.8% |
| 2001 | $2,076 +5% | $108,106 -2.3% |
| 2000 | $1,976 | $110,675 |
Find assessor info on the county website
Monthly payment
Est. payment
$3,668/mo
Principal & interest
$2892
Property taxes
$776
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Climate risks
Neighborhood: 34715
Nearby schools
GreatSchools rating
- 5/10Astatula Elementary SchoolGrades: PK-5Distance: 9 mi
- 8/10East Ridge Middle SchoolGrades: 6-8Distance: 3.5 mi
- 5/10Lake Minneola High SchoolGrades: 9-12Distance: 1.8 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Lake County
- Minneola
- 34715
- 209 Ridgecrest Loop
Nearby cities
Nearby zip codes
Other Minneola Topics
