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Sold for $360,000 on 04/30/25
  • $360,000

    231 Ridgecrest Loop, Minneola, FL 34715

    6beds
    4baths
    2,512sqft
    Duplex, Multi Family
    Built in 1994
    -- sqft lot
    $359,300 Zestimate®
    $143/sqft
    $-- Estimated rent

    Home value

    $359,300

    $331,000 - $388,000

    Not available

    Zestimate® history
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    What's special

    Duplex Investment Opportunity in Minneola - 231 Ridgecrest Loop Welcome to 231 Ridgecrest Loop, a fantastic duplex investment in the heart of Minneola, Florida! This property offers tremendous potential for investors looking to generate steady rental income. With a spacious layout featuring 3 bedrooms and 2 bathrooms on each side, this property is an excellent opportunity to start or expand your real estate portfolio. Currently, this duplex produces $1,000 per month in rental income per side, making it a consistent and reliable source of cash flow. Whether you're an experienced investor or just starting out, this income-producing property is a great choice. Key Features: 2 Units (3 beds / 2 baths each) $2,000 in rental income per month Excellent location in Minneola, with easy access to local amenities, schools, and shopping centers. Note: The property does require a new roof for insurance purposes, but with the right renovations, it can easily be restored to its full potential. Don’t miss out on this unique opportunity to own a duplex that not only offers great rental income but also provides a chance to add value with a roof replacement. Act quickly—properties like this don’t last long! Contact us today to schedule a viewing or request more details.

    Zillow last checked: 8 hours ago

    Listing updated: May 02, 2025 at 01:17pm

    Listing Provided by:

    Suabi Ramnarain 352-250-1462,

    FORTUNE REALTY OF CLERMONT 352-429-4621

    Bought with:

    Matthew Wheatley, 3191795

    WHEATLEY REALTY GROUP

    Source: Stellar MLS,MLS#: G5092730MLS LogoOriginating MLS: Lake and Sumter

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Laundry: In Kitchen
    Features
    • Ceiling Fan(s)
    • Doors: Sliding Doors
    • Has fireplace: No
    Interior area
    • Total interior livable area: 2,512 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    • Attached garage spaces: 2
    Features
    • Patio & porch: None
    • Exterior features: Lighting
    Lot
    • Size: 0.26 Acres
    • Dimensions: 97 x 118
    • Features: City Lot, In County
    Details
    • Parcel number: 072226025000003400
    • Zoning: RMF-1
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex, Multi Family
    Materials
    • Stucco
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • Completed
    • New construction: No
    • Year built: 1994

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Electricity Connected

    Community & neighborhood

    Location
    • Region: Minneola
    • Subdivision: MINNEOLA RIDGECREST SUB

    HOA & financial

    HOA
    • Has HOA: No
    Other fees
    • Pet fee: $0 monthly
    Other financial information
    • Total actual rent: 2000

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    6/29/2025Listing removed$2,000$1/sqft
    Source: Zillow Rentals
    6/11/2025Price change$2,000-4.8%$1/sqft
    Source: Zillow Rentals
    5/22/2025Listed for rent$2,100$1/sqft
    Source: Zillow Rentals
    4/30/2025Sold$360,000-20%$143/sqft
    Source: Stellar MLS #G5092730
    3/19/2025Pending sale$450,000$179/sqft
    Source: Stellar MLS #G5092730

    Public tax history

    YearProperty taxesTax assessment
    2024$4,471 +5.4%$209,090 +10%
    2023$4,242 +4.1%$190,090 +10%
    2022$4,075 +30.5%$172,810 +10%

    Find assessor info on the county website

    Neighborhood: 34715

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Minneola Elem
    • Middle: Aurelia Cole Academy
    • High: Lake Minneola High

    Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value

    $359,300

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $359,300