10 months on rocket

12120 SE 53rd Terrace Rd All Units, All Units, Belleview, FL, 34420

$2,025,000

Home List Price

$10,000*

Closing Credit

27 Bedrooms
15 Baths
11,898 SqFt
$170/SqFt
Multi
Schools Nearby

Location

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12120 SE 53rd Terrace Rd All Units, Belleview$2,025,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1984
HeatingCentral
CoolingCentral Air
MLS #OM660307
Lot Size1.87 Acres
StatusActive

About 12120 SE 53rd Terrace Rd All Units

Investment opportunity to acquire 15 units (6 duplexes and 1 triplex) on one parcel, in the strong rental market of Belleview FL, in southern Marion County. The unit mix consists of 12 2/1's, and 3 1/1's. Located between Ocala, and the Villages, Belleview has become an emerging rental market for its proximity to one of the fastest growing developments in the Country, The Villages "Florida's Friendliest Hometown". This is a value-add opportunity with current rents well below market.

Property Details

Property Features

Property Information:

  • Year Built: 1984
  • Living Area: 11,898 SqFt

Listing Office:

  • Office Name: COLDWELL BANKER ELLISON REALTY O
  • Office Phone: (352) 732-8350
  • Listing Agent: Christopher Swor LLC

Interior Features

Interior Information:

  • Flooring Type: Carpet, Laminate, Tile
  • Interior: Other

Bedroom and Bathroom Information:

  • Total Bedroom Count: 27

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Other

Lot Features

Lot Information:

  • Lot Size: 1.87 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Belleview High School, Public Magnet Grades 9-12
  • Belleview Middle School, Public District Grades 6-8
  • Belleview Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From Ocala, take 441 south to right on Hwy 484 (at the Wawa), to left on SE 53rd Ter Rd. Property is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,025,000
  • Price Per SqFt: $170/SqFt
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Housing Market Comparison

See how this home compares to others in Belleview, FL.

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Belleview, FL

City

Med. Sold Price

$255K

Med. Price/SqFt

$164

Avg. Days On Market

75

# of Sold Homes

22

12120 SE 53rd Terrace Rd All Units vs Belleview

306 DAYS ON ROCKET

+231 Days

$2,025,000

+$1.7M More

$170/SqFt

+$5 More

KEY TAKEAWAY

This property is $1.7M more than the Median Sold Price and $5/SqFt more than other homes in Belleview, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #OM660307

Listing Office:

  • Office Name: COLDWELL BANKER ELLISON REALTY O
  • Office Phone: (352) 732-8350
  • Listing Agent: Christopher Swor LLC

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 4/28/2024, 11:49:14 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$10.1K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,138

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2758831
5
/10

  • Belleview Elementary School

  • 5556 SE County Highway 484

  • 0.55 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2758832
4
/10

  • Belleview Middle School

  • 10500 SE 36th Ave

  • 2.36 miles

  • Public District Grades 6-8

High School

school-card-donut-2758833
3
/10

  • Belleview High School

  • 10400 SE 36th Ave

  • 2.44 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,960. The most common annual income of people living in Belleview, FL is between $35k-100k. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Marion County›Belleview›34420›12120 SE 53rd Terrace Rd All Units

This home is located at 12120 SE 53rd Terrace Rd All Units in All Units, Belleview, FL and zip code 34420. This 11,898 square foot home, which was built in 1984, sits on a 1.87 acre lot. Features: 27 bedrooms, 15 bathrooms. It has been listed on Rocket Homes since June 27, 2023 and is currently priced at $2,025,000.

Belleview, FL housing market in March 2024 saw over 1 listings sold above listed price, more than 13 sold at listed price and over 8 sold below. The number of homes for sale in Belleview, FL increased by 1.1% between February 2024 and March 2024. While the average time on the market in March 2024 was 75 days, the median list price was $255,000.

From Rocket Homes Real Estate and based on county public records data.

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