1. Juan Torres, REALTOR ®
  2. Tropic Shores Realty

231 Ridgecrest Loop, MINNEOLA, FL 34715

Priced at Only: $450,000

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  • MLS#: G5092730 ( Residential Income )
  • Street Address: 231 Ridgecrest Loop
  • Viewed: 50
  • Price: $450,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1994
  • Bldg sqft: 0
  • Bedrooms: 6
  • Total Baths: 4
  • Garage / Parking Spaces: 2
  • Days On Market: 16
Description
Duplex Investment Opportunity in Minneola 231 Ridgecrest Loop Welcome to 231 Ridgecrest Loop, a fantastic duplex investment in the heart of Minneola, Florida! This property offers tremendous potential for investors looking to generate steady rental income. With a spacious layout featuring 3 bedrooms and 2 bathrooms on each side, this property is an excellent opportunity to start or expand your real estate portfolio. Currently, this duplex produces $1,000 per month in rental income per side, making it a consistent and reliable source of cash flow. Whether you're an experienced investor or just starting out, this income producing property is a great choice. Key Features: 2 Units (3 beds / 2 baths each) $2,000 in rental income per month Excellent location in Minneola, with easy access to local amenities, schools, and shopping centers. Note: The property does require a new roof for insurance purposes, but with the right renovations, it can easily be restored to its full potential. Dont miss out on this unique opportunity to own a duplex that not only offers great rental income but also provides a chance to add value with a roof replacement. Act quicklyproperties like this dont last long! Contact us today to schedule a viewing or request more details.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Lighting, Sliding Doors
  • Living Area: 2512.00
  • Roof: Shingle
Property Information
  • Property Condition: Completed
Land Information
  • Lot Features: City Limits, In County
School Information
  • High School: Lake Minneola High
  • Middle School: Aurelia Cole Academy
  • School Elementary: Minneola Elem
Garage and Parking
  • Garage Spaces: 2.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Utilities: Electricity Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Net Operating Income: 0.00
  • Tax Year: 2024
Rental Information
  • Tenant Pays: Electricity, Water
Other Features
  • Country: US
  • Interior Features: Ceiling Fans(s)
  • Legal Description: MINNEOLA RIDGECREST SUB LOT 34 PB 27 PG 41 ORB 1959 PG 2387
  • Area Major: 34715 - Minneola
  • Parcel Number: 07-22-26-0250-000-03400
  • Views: 50
  • Zoning Code: RMF-1

Contact Info

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  1. Juan Torres, REALTOR ®
  2. Tropic Shores Realty
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