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Listing 18 out of 91
Sold for $550,000 Sold

1051 N Commerce Terrace
Lecanto, FL 34461

Single Family Home
9,840 sq ft; lot: 1.01 acres - MLS# 771962
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Sold for $550,000 on Nov 14, 2018


Established 12 unit Apartment complex has new roofs, new parking lot new air conditioners and 4 of the units were recently renovated and ready for a new owner to take over. This apartment complex is 100% occupied all the time. Seller includes the lawn and garbage in the rent. Complex is centrally located in Lecanto just minutes from Crystal River, Inverness, Homosassa, Beverly Hills and just a 30 minute drive to Ocala. This property will not last long so don't delay call for more information or to schedule your private showing for qualified buyers. Financials will be provided for qualified buyers with a pre approval letter.


  • Property Type: Single Family Home
  • Sub Type: Apartment Bldg
  • Listing Status: Closed
  • Listing Price: $725,000
  • County/Area: Citrus County
  • Zip Code: 34461
  • Year Built: 1984
  • Subdivision/Neighborhood: Forest Hills
  • Elementary School: Lecanto Primary
  • Middle School: Lecanto
  • High School: Lecanto
  • Sq.Ft.: 9,840 sq ft
  • Style: Ranch
  • Units: 12 units
  • Lot Size: 1.01 acres
  • Zoning: MDR
  • Community Amenities: Laundry - In Unit
  • Construction And Foundation: Frame, Siding-Vinyl
  • Directions: Hwy 44 East Towards Lecanto To Left On Commerce To Units On The Left.
  • Equipment And Applicances: Oven - Range, Refrigerator, Smoke Detector(S), Water Heater
  • Flooring: Carpet, Vinyl Tile
  • Heating And Cooling: Cool - Central Air, Heat - Central Electric
  • Interior Features: Ceiling - Cathedral
  • Lot Features: Flat
  • Main Type: Multi-Residential Income
  • Parking: Parking Spaces
  • Road Type: County, Paved
  • Roof: Asphalt/Fiberglass Shgl
  • Selling Agent: Jackie Davis
  • Selling Office: American Realty & Inv., Era - Inverness
  • Sq Ft Heated: 750
  • Tax Amount: 8540.36
  • Tax Year: 2016
  • Total Units: 12
  • Water And Sewer: Septic-Existing, Water-Public
  • Sold Price: 550000.00
  • Sold Date: 2018-11-14 00:00:00
Courtesy of Tropic Shores Realty Llc


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Larry & Frances Swain
Team Swain
Tropic Shores Realty

2950 W Gulf to Lake HWY
Lecanto, FL 34461
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Larry & Frances Swain | 352-302-2300 | Email Us
2950 W Gulf to Lake HWY - Lecanto, FL 34461
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