by RH Advisors

See Home Value
$473,000
Multifamily - Off Market

1112 S Grand HIGHWAY

CLERMONT, FL 34711
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2317 Sqft
$2,781
Estimated Monthly
$0
HOA / Fees
5.94%
Cap Rate

About This Property

Are you looking for a great duplex investment or rent to help cover your own mortgage (house hack)?

Check out this amazing investment opportunity at 1112 S. Grand Highway, Clermont, FL. This property offers a total of 3,480 square feet (2,317 sq ft living space) on a generous 0.22 acre lot. The main residence features 3 bedrooms and 2 bathrooms plus extra-large garage, while the additional 1 bedroom garage apartment plus extra-large garage ensures versatility and rental income.  Property is zoned R-3.

The 3bed/2bath home boasts original wood flooring, large kitchen with an abundance of wood cabinets, upgraded LVP floors, upgraded quartz countertops, stainless steel appliances, updated bathrooms, and separate media or family room.  The garage apartment is currently a one bedroom apartment with a huge 333 sq ft air-conditioned Florida room which could be converted into second bedroom.  Both residences include their own set of washer and dryers. The extra large double garages have 2 updated garage doors with plenty of extra storage space for both residences to have their own lockable privacy.

Investors will appreciate the great return on investment offered by this property, with current tenants generating an annual income of $41,400.

Located in the vibrant community of Clermont, this home presents an exceptional opportunity for those seeking a smart investment in a thriving rental market or would like to live and rent out the other half to cover their mortgage. Don't miss out on the potential of this income-generating, no HOA property!

Schedule a showing today to explore the possibilities that await!  Listing agent must accompany all showings and please do not disturb current tenants.
Unit Size
2,317Ft²
Days on Market
69 days
Land Size
0.22 acres
Price per sqft
$216
Property Type
Multifamily
Property Taxes
$326
HOA Dues
-
Year Built
-
Last updated: 3 days ago (Stellar MLS #G5078190)

Price History

Date / Event Date Event Price
Apr 22, 2024 Sold $473,000
Sold
Mar 10, 2024 In contract -
In contract
Feb 13, 2024 Listed by COMPASS FLORIDA, LLC $499,900
Listed by COMPASS FLORIDA, LLC
Aug 30, 2021 Sold to Maria J Seymour, Ryan C Sey... $147,300
Sold to Maria J Seymour, Ryan C Sey...
Aug 27, 2019 Sold to Brenda S Seymour, Ryan C Se... $226,000
Sold to Brenda S Seymour, Ryan C Se...

Property Highlights

Garage
Air Conditioning
With View
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Driveway, Garage Door Opener, Garage Faces Side, Open, Oversized
Garage Spaces: 2
Garage Dimensions: 40x28
Interior Details

Interior Information

Interior Features: Attic Fan, Solid Wood Cabinets, Stone Counters
Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Flooring Type: Luxury Vinyl, Tile
Laundry Features: In Garage, Laundry Closet


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
2,583 ft²
$176/ft²
$455,000 Aug 7, 2023
$455,000 Oct 18, 2023
$454/mo
House
4 Beds
3 Baths
2,499 ft²
$170/ft²
$425,000 Nov 24, 2023
$425,000 Jan 31, 2024
$222/mo
Townhouse
3 Beds
3 Baths
2,336 ft²
$163/ft²
$380,000 Jul 5, 2023
$380,000 Oct 30, 2023
$489/mo
House
3 Beds
3 Baths
2,583 ft²
$174/ft²
$450,000 Aug 9, 2023
$450,000 Oct 16, 2023
$487/mo
House
3 Beds
2 Baths
2,027 ft²
$257/ft²
$520,000 Sep 19, 2023
$520,000 Dec 28, 2023
$481/mo
House
4 Beds
3 Baths
3,385 ft²
$127/ft²
$430,000 Jun 17, 2023
$430,000 Jan 11, 2024
$249/mo
House
4 Beds
3 Baths
2,429 ft²
$224/ft²
$545,000 Feb 29, 2024
-
$521/mo
House
4 Beds
2 Baths
2,092 ft²
$232/ft²
$485,000 Jul 19, 2023
-
$459/mo
House
4 Beds
2 Baths
2,083 ft²
$199/ft²
$415,000 Mar 3, 2024
-
$247/mo
House
4 Beds
3 Baths
2,885 ft²
$170/ft²
$489,000 Apr 8, 2023
-
$220/mo
House
4 Beds
3 Baths
2,809 ft²
$190/ft²
$535,000 Nov 1, 2023
-
$228/mo
House
3 Beds
2 Baths
2,344 ft²
$204/ft²
$479,000 Nov 26, 2023
-
$325/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

1112 Grand Highway 1112 Grand Highway, Clermont, FL 34711
  • 1 Unit for Sale
More about this Building
1112 Grand Highway
Want to find out who owns 1112 Grand Highway, Clermont, FL 34711? Get detailed property transactions here .

About Lake View Heights


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