Multifamily Investment in Lake
617 E MYERS Blvd Mascotte, FL 34753
For Sale
$850,000
Eight-unit multifamily property with income potential in Mascotte, Florida.
Days on Market119
Property Features for 617 E MYERS Blvd
General Information
Standard status
Active
Property subtype
Investment
Building Details
Year Built
1973
Listing Agency:
ROBERT SLACK LLC
(407) 496-4196
Listed By:
Kyler Moreland · License #3539998
(407) 496-4196
Source:
Elliman
Added: Apr 1
Changed: Jul 10
Last Checked: Jul 27 at 10:57AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ROBERT SLACK LLC
Investment Insights
Based on property information with market context.
This property presents an opportunity to acquire eight units in the growing Lake County market. The asset includes a mobile home attached to the property, creating a blend of multifamily and workforce housing income streams. Located in Mascotte, this established asset features seven primary rental units plus an additional attached mobile home, totaling eight income-producing units. The property offers immediate cash flow with future upside through rent optimization, cosmetic improvements, and professional management efficiencies. Positioned within one of Central Florida’s expanding workforce housing corridors, the property benefits from strong rental demand driven by proximity to Clermont, Groveland, Minneola, and the greater West Orlando growth path. Its established unit mix, accessible location, and affordable rental positioning make it an attractive long-term hold for investors focused on durable cash flow. This offering is available as part of a larger 112-unit bundled portfolio acquisition, allowing buyers to secure immediate scale, operational efficiency, and diversified rent roll exposure across multiple Central Florida communities. While this specific asset consists of 8 total units, it serves as a strategic component of the broader 112-unit portfolio opportunity. The bike score is 31, indicating it is somewhat bikeable, and the walk score is 9, indicating it is car-dependent.
Key Highlights
- Immediate cash flow from 8 income‑producing units.
- Located in the high‑growth Lake County market.
- Upside potential through rent optimization and cosmetic improvements.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - Eight-unit multifamily property with income potential in Mascotte, Florida.
Where is this apartment building located?
The property is located at 617 E MYERS Blvd Mascotte, FL.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Immediate cash flow from 8 income‑producing units.; Located in the high‑growth Lake County market.; Upside potential through rent optimization and cosmetic improvements.