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Off market
  • $1,192,700

    707 Rainer Rd APT 7, Baldwin, FL 32234

    30beds
    12,132sqft
    Investment Income/Apartment
    Built in 1980
    -- sqft lot
    $1,192,700 Zestimate®
    $98/sqft
    $1,248 Estimated rent

    Home value

    $1,192,700

    $906,000 - $1.56M

    $1,248/mo

    Zestimate® history
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    Owner options

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    $1,248/mo

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    $1,248/mo

    Rent Zestimate®

    Refinance and save

    $8,142/mo

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    $8,142/mo

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    What's special

    VERY UNIQUE OPPORTUNITY TO ADD VALUE, Increase Cash Flow and experience significant ROI with the purchase of this multi family property. Property includes two Quad Plexes and seven mobile homes. Some of the mobile homes need work and are currently unoccupied. Please see pro forma under documents section for current and projected financial performance. As units are brought on line, Sales Price will increase. Both quad plexes have been 100% occupied since current owner purchased. With some additional investment, property rents for all units could be increased. Truly an opportunity to purchase a property at discount that has the potential to be a marquee investment.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 30
    • Bathrooms: 15
    • Full bathrooms: 15
    Heating
    • Forced air, Wall, Electric
    Cooling
    • Central, Wall
    Appliances
    • Included: Range / Oven, Refrigerator
    Features
    • Flooring: Carpet, Linoleum / Vinyl
    Interior area
    • Structure area source: Tax Roll
    • Total interior livable area: 12,132 sqft

    Property

    Features
    • Exterior features: Other, Metal
    Lot
    • Size: 2.02 Acres
    • Features: Regular Lot
    Details
    • Parcel number: 0006490010

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Investment Income/Apartment
    Materials
    • Roof: Metal
    Condition
    • Year built: 1980

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Baldwin

    Other

    Other facts
    • Roof: Metal
    • Sewer: Public Sewer
    • WaterSource: Public
    • Appliances: Refrigerator, Electric Range
    • HeatingYN: true
    • CoolingYN: true
    • BusinessType: Residential
    • NumberOfUnitsTotal: 15
    • StoriesTotal: 2
    • LeaseTerm: Month To Month
    • NumberOfUnitsInCommunity: 15
    • PetsAllowed: Yes, Cats OK, small dogs, large dogs
    • InsuranceExpense: 3600.00
    • CoveredSpaces: 0
    • OpenParkingYN: true
    • LivingAreaSource: Tax roll
    • Cooling: Central Cooling, Window/Wall Unit
    • Heating: Window/Wall Unit, Central Heating
    • BuildingAreaSource: Tax Roll
    • LotFeatures: Regular Lot
    • RoadSurfaceType: Asphalt Road, Gravel Road
    • ParkingFeatures: No Covered Parking, Not Assigned Parking, 11 - 25 Spaces
    • RentIncludes: Range/Oven, Refrigerator
    • MlsStatus: Active
    • PropertySubType: Investment Income/Apartment
    • Road surface type: Asphalt Road, Gravel Road

    Price history

    DateEventPrice
    12/15/2021Sold$460,000-8%$38/sqft
    Source: Public Record
    10/25/2021Pending sale$499,950$41/sqft
    Source: realMLS #1049299
    10/19/2021Contingent$499,950$41/sqft
    Source: realMLS #1049299
    10/15/2021Listed for sale$499,950-16.7%$41/sqft
    Source: realMLS #1049299
    10/26/2020Listing removed$600,000$49/sqft
    Source: eXp REALTY, LLC. #1049299

    Public tax history

    YearProperty taxesTax assessment
    2024$767 -88.5%$40,223
    2023$6,675 +14%--
    2022$5,853 $332,333

    Find assessor info on the county website

    Neighborhood: 32234

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $1,192,700

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

    Estimated market value

    $1,192,700