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If you're looking for multiple income streams to diversify your investment portfolio, then look no further. This property has a phenomenal location for redevelopment and during your hold time you've got a positive cash flow. Current gross income is $2,425/month and with renewals coming soon conservative increases could be upwards of $4,000/month. Situated in Lady Lake this property sits on .54 acres with 209' of frontage on W Guava St and 233' of frontage on W Hermosa St. Income streams include a residential mobile home consisting of 768sqft with 2BR/2BA, a commercial building consisting of 720sqft and currently being utilized as a hair salon, a commercial building consisting of 1,200sqft and currently being utilized as a computer repair storefront, and lastly a 16x27 (432sqft) storage building that isn't currently being rented. Here's your opportunity to own a prime parcel of real estate that has tremendous potential for redevelopment, which would include approximately the entire city block. Adjacent two owners will sell, which includes a Mobil gas station and mechanic shop. *Please do not visit properties unattended and do not bother tenants.

Property Details of 109 W Guava Street

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Listed by Robbie Shoemaker and Leesa Wales of FLAMINGO REAL ESTATE & MNGMT

Lady Lake, FL Demographics

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Lady Lake, FL Real Estate Market Data

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Lady Lake, FL Schools

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Based on information submitted to StellarMLS as of May 17, 2022 . All data is obtained from various sources and has not been, and will not be, verified by broker or StellarMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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