3145 Ravines Road
Middleburg, FL 32068

Listed at $1,750,000

Details

  • MLS# 2110616
  • Commercial - Business
  • Status Active
  • 0 Bedrooms
  • Bathrooms
  • 6,930 Square Feet
  • 0.970 acres
  • Built in 1985
  • Local Schools

Description

$250k price improvement, Apartment Opportunity in The Ravines.Rare chance to own a fully renovated 11-unit multifamily property in the gated community of The Ravines. Renovated in 2022, this building is 100% occupied and generating strong rental income with a mix of long-term and short-term tenants.8 Efficiency Units: $1,200/month each (3 currently operating as short-term rentals through iTrip: The Den at The Ravines2 One-Bedroom Units: $1,500/month each1 Two-Bedroom Unit: $1,800/monthTotal of 11 doors, all modernized and income-producing. HOA dues are only $51/month per unit, keeping operating costs low.The Ravines is a private, gated neighborhood...read more offering a peaceful, wooded setting while still being convenient to shopping, dining, and major roadways. Strong rental demand in Middleburg and Clay County makes this a prime addition to any portfolio.Whether youre seeking stable cash flow or short-term rental upside, this turnkey property is ready for its next own Investment Opportunity in The Ravines - Middleburg, FLRare chance to own a fully renovated 11-unit multifamily property in the gated community of The Ravines. Completed in 2022, this building is 100% occupied and generating strong rental income with a mix of long-term and short-term tenants.8 Efficiency Units: $1,200/month each (3 currently operating as short-term rentals through iTrip: The Den at The Ravines2 One-Bedroom Units: $1,500/month each1 Two-Bedroom Unit: $1,800/monthTotal of 11 doors, all modernized and income-producing. HOA dues are only $51/month per unit, keeping operating costs low.The Ravines is a private, gated neighborhood offering a peaceful, wooded setting while still being convenient to shopping, dining, and major roadways. Strong rental demand in Middleburg and Clay County makes this a prime addition to any portfolio.Whether youre seeking stable cash flow or short-term rental upside, this turnkey property is ready for its next owner.

Features

  • $12,300 Taxes
  • Built in 1985
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All Property Features

  • Property Type: Commercial - Business
  • Lot Size: 0.97 Acres
  • Taxes: $12,300
  • Year Built: 1985