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Sold for $734,000 on 10/10/23
  • $734,000

    6831 Wire Rd, Zephyrhills, FL 33542

    18beds
    10baths
    1sqft
    Multi Family
    Built in 1954
    -- sqft lot
    $807,700 Zestimate®
    $734,000/sqft
    $1,381 Estimated rent

    What's special

    INCOME PRODUCING PARK!!! Great location in charming Zephyrhills for this well established income producing park with single family homes and mobile homes. Two parcels with a total of 3 single family homes and 7 mobile homes on 2.5 acres are included in the sale. Beautiful piece of property with gorgeous trees, open space for recreation and activities, spacious lots and close to shopping, restaurants, schools and medical facilities in Zephyrhills. In addition to the 10 homes that are currently rented there are two garage/storage buildings, sheds and two campers. All homes are rented with long term tenants ranging from 1 year to 7 years. All homes except for 2 have their own electric meters. There are 2 wells that are connected and provide service to the park. Six of the homes have their own septic tank with the remaining 4 homes on one septic system. The park is grandfathered in and the homes can be replaced if the owner elects to do so. Rapidly growing area with rentals in high demand. This is a rare opportunity to purchase a nice, hard to find income producing park. The current rental income is below market average and can be increased if the new owner chooses to. The current owner is satisfied with the rental income because he has stable, long term tenants in the park. Addresses included in sale: 6831 Wire Rd, 6839 Wire Rd, 38408 Neflin Ave, 38414 Neflin, 38417 Neflin, 38421 Neflin, 38425 Neflin, 38431 Neflin, 38440 Neflin. Great net income producing property with much higher income potential.

    Zillow last checked: 7 hours ago

    Listing updated: October 10, 2023 at 03:38pm

    Listing Provided by:

    Keica St. Romain 813-629-9738,

    HOMEWARD REAL ESTATE 813-441-0400

    Bought with:

    Dinorah Sanchez, 3295079

    FUTURE HOME REALTY INC

    Source: Stellar MLS,MLS#: T3465216MLS LogoOriginating MLS: Tampa

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 18
    • Bathrooms: 10
    Heating
    • Other, Wall Units / Window Unit
    Cooling
    • Other, Wall/Window Unit(s)
    Features
    • Other
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage
    • Garage spaces: 3
    Features
    • Fencing: Fenced
    Lot
    • Size: 2.50 Acres
    Details
    • Additional parcels included: 02-26-21-0010-02100-0030
    • Parcel number: 0226210010021000020
    • Zoning: AR
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Other
    • Foundation: Crawlspace, Other
    • Roof: Other
    Condition
    • New construction: No
    • Year built: 1954

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well
    • Utilities for property: Cable Available, Electricity Connected

    Community & neighborhood

    Location
    • Region: Zephyrhills
    • Subdivision: ZEPHYRHILLS COLONY

    HOA & financial

    HOA
    • Has HOA: No
    Other fees
    • Pet fee: $0 monthly
    Other financial information
    • Total actual rent: 6900

    Other

    Other facts
    • Listing terms: Cash
    • Ownership: Fee Simple
    • Road surface type: Other, Paved
    Services availability
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    Estimated market value

    $807,700