36-Unit Apartment
For Sale
Contact for pricing
408 SE ALLEN PL, Lake City, FL 32025
Three buildings provide one- and two-bedroom layouts, along with community laundry and dedicated management office space.
Property Size30,736 SF
Lot Size3.18 Acres
Price / SF$125.26
Days on Market66
Property Features for 408 SE ALLEN PL
General Information
Standard status
Active
Size
30,736 SF
Lot size
3.18 Acres
Property subtype
Multifamily
Zoning
RMF-2
Net Operating Income
$335,000
Units
Unit Mix
24 x 2BR/1.5BA, 12 x 1BR/1BA
Multifamily Units
36
Amenities
community laundry area
on-site management office
Building Details
Year Built
1968
Buildings
3
Stories
2
Units
36
Listing Agency:
Swift Creek Realty
Listed By:
Amber Crawford · License #BK3111060
(352) 278-2627
Source:
Crexi
Added: Jun 30
Changed: Sep 2
Last Checked: Sep 1 at 11:15PM
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 Swift Creek Realty
Investment Insights
Based on property information with market context.
Built in 1968, this apartment property includes 36 rental units across three buildings on 3.18 acres. The unit mix consists of 24 two-bedroom, 1.5-bath apartments and 12 one-bedroom, 1-bath apartments. Most units have been updated within the past 2 years. RMF-2 zoning applies to the property.
Operational features include a third-party-operated community laundry area and a dedicated office for on-site management. The property is located at 408 SE Allen Pl in Lake City, near the VA Hospital, Regional DOT offices, a remodeled Winn-Dixie, Florida Gateway College campuses, and downtown Lake City. Columbia County employers identified in the property information include New Millennium, HAECO, Target, United States Cold Storage, and the Inland Port.
Operational features include a third-party-operated community laundry area and a dedicated office for on-site management. The property is located at 408 SE Allen Pl in Lake City, near the VA Hospital, Regional DOT offices, a remodeled Winn-Dixie, Florida Gateway College campuses, and downtown Lake City. Columbia County employers identified in the property information include New Millennium, HAECO, Target, United States Cold Storage, and the Inland Port.
Key Highlights
- 36 rental units across 3 buildings on 3.18 acres
- 24 two‑bedroom, 1.5‑bath units and 12 one‑bedroom, 1‑bath units
- Most units updated within the past 2 years
Property Analytics
Current Use
Lease Details
36
Residential units
Location Intelligence
Trade Area within ½ mile
668
Businesses Nearby
Explore this area
Business Placement
Demographics for 32025, FL
21,886
Population
9,162
Households
2.4
Avg Household Size
41
Median Age
16%
College-Educated
86%
High-School Grad
104.6 sq mi
ZIP Area
209
Density / Sq Mi
$47,074
Median Household Income
$37,493
Median Earnings
$943
Median Rent
$184,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Three buildings provide one- and two-bedroom layouts, along with community laundry and dedicated management office space.
Where is this apartment building located?
The property is located at 408 SE ALLEN PL Lake City, FL.
What is the asking price?
The asking price for this property is $3,850,000.
What are key features of this property?
This property features: 36 rental units across 3 buildings on 3.18 acres; 24 two‑bedroom, 1.5‑bath units and 12 one‑bedroom, 1‑bath units; Most units updated within the past 2 years
