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313 W Highway 50
Clermont, FL 34711

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Listing Number:  o5547983
List Price:  $110,000
Listing Status:  Active
Property Type:  Commercial
Address:  313 W Highway 50
City:  Clermont
County:  Lake
State:  FL
Country:  US
Area Name:  Clermont
INCREDIBLE INVESTMENT OPPORTUNITY AWAITS THIS LUCKY BUYER!! This older SF home along with a vacant lot presents a wonderful opportunity for current cash flow and ultimately a HUGE return on investment when the right buyer comes along. This old home has "good bones" and can be upgraded a bit and modified to provide 2 or 3 income producing residential rentals NOW. POTENTIAL RENTAL INCOME of $2,200 to $2,600 per month!! A fabulous return in the range of 25% starting right away! Long term, WHEN, NOT IF, the commercial buyer comes along looking to aggregate several of these lots into a major tract for a major C-1 use, you'll be in the catbird's seat with a property that's making you big money as you sit back and negotiate sale terms with the big guy! THAT'S A WIN-WIN IN THE REAL ESTATE BUSINESS, YOU WIN NOW AND YOU WIN LATER!!!
Directions:  From downtown Clermont, proceed west on Hwy 50 to 313. It's on the south side of the street.
Year Built:  1936
Acres:  0.20
Lot Size:  8500
Zoning:  C-1
Finished sq ft:  1775
Legal:  CLERMONT LOTS 3, 5 BLK 28 PB 8 PG 17 ORB 4215 PG 1184
Taxes Annual:  2250
Tax Year:  2016
Contact Info
Tracey Crews
Ph: 863-853-2770
F: 863-815-2458

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Listing courtesy of WINDERMERE REALTY COMPANY LLC

Last updated on November 20, 2017 at 6:21 PM
Some properties which appear for sale on this website may subsequently have sold and may no longer be available.

The data relating to real estate for sale on this web site comes in part from the MFRMLS Internet Data Exchange (IDX) program. Real estate listings held by brokerage firms other than Superior Property Management Sales, LLC, FL, include the name of the listing brokers.

All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified

Information deemed reliable but is not guaranteed

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Superior Property Management & Sales, LLC 5354 US Highway 98N   Lakeland, FL  33809 863-853-2770