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Remodeled Multifamily Property with Guest Quarters
New
For Sale
$289,000

203 SW CABLE WAY, Lake City, FL 32024

MULTI_FAMILY - Lake City, FL

Property SizeContact for details
Lot Size4.24 Acres
Days on Market3

Property Features for 203 SW CABLE WAY

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RR
Parking features Driveway
Window features Vinyl Frames
Interior features Blinds, Ceiling Fans
Exterior features Cable TV Available
Appliances Refrigerator, Microwave, Stove Elec
Directions US 90 to CR 252 (Pinemount), right onto Magical, left onto Shady, left onto Cable to property on left (see sign)
Subdivision 4-N. Us 90 - E. Us 441 Columbia
Standard status Active
Lot size 4.24 Acres

Utilities

Sewer type Septic Tank
Heating system Electric (Heating), Central
Cooling system Wall Unit(s), Central Air, Electric
Water source Private

Amenities

covered front porch
concrete patio
handicap ramp

Building Details

Year built 1973
Floors in Building 1
Flooring type Linoleum
Building materials Multiple Materials
Roof type Metal
Architectural style Other
Listing Agency: HALLMARKADAMS
Listed By: Angel Rogers · License #3276764
Added: Aug 10 Last Checked: Aug 12 at 2:06AM
MLS# 132684

Copyright © 2026 Lake City Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This multifamily property includes a remodeled 3/2 site-built residence with vinyl and tile flooring, a metal roof, a concrete patio, a covered front porch, a handicap ramp, and a large primary suite. Interior features include blinds and ceiling fans, while appliances include a refrigerator, microwave, and electric stove. Central and wall-unit cooling, electric heat, private water, and a septic tank are in place.

The 4.24-acre parcel has a natural wooded perimeter. Additional improvements include an older single-wide, a finished storage building with guest quarters, multiple storage sheds, and a workshop. The property also carries RR zoning and two addresses, including 190 SW Granny Glen.

Key Highlights

  • Remodeled 3/2 site‑built residence with vinyl and tile flooring
  • 4.24‑acre parcel with a natural wooded perimeter
  • Finished storage building with additional guest quarters

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Restaurant Big Box & Wholesale Store HVAC Service Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

28
Businesses Nearby

Demographics for 32024, FL

20,106
Population
8,554
Households
2.4
Avg Household Size
44
Median Age
16%
College-Educated
86%
High-School Grad
145.4 sq mi
ZIP Area
138
Density / Sq Mi
$62,066
Median Household Income
$43,391
Median Earnings
$980
Median Rent
$201,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Remodeled primary residence with additional structures, private water, and septic service on a wooded acreage parcel.
Where is this multifamily property located?
The property is located at 203 SW CABLE WAY Lake City, FL.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: Remodeled 3/2 site‑built residence with vinyl and tile flooring; 4.24‑acre parcel with a natural wooded perimeter; Finished storage building with additional guest quarters
More about this property
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