Belleview Multi-Family Investment
5433 SE 113TH STREET Belleview, FL 34420
5433 SE 113TH STREET, Belleview, FL, 34420
$465,000
For Sale
$465,000
Multi-Family 5+ - BELLEVIEW, FL
Property Size2,406 SF
Lot Size0.21 Acres
Price / SF$193.27
Days on Market793
Property Features for 5433 SE 113TH STREET
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- B2
- Bedrooms
- 12
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Pets allowed
- Yes
- Interior features
- Ceiling Fans(s), Thermostat
- Exterior features
- Paved, Fence
- Fencing
- Fenced
- Appliances
- Range, Refrigerator
- Standard status
- Active
- APN
- 38823-000-00
- Size
- 2,406 SF
- Lot size
- 0.21 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Annual Amount
- 3186
Utilities
- Heating system
- Central
- Cooling system
- Central Air, Multi Units, Wall/Window Unit(s), Window Unit(s)
Building Details
- Year built
- 1983
- Number of units
- 8
- Flooring type
- Laminate, Vinyl
- Building materials
- Metal Siding
- Roof type
- Metal
- Architectural style
- Other
Listing Agency
LPT REALTY
(877) 366-2213
1400 South International Parkw, Lake Mary, FL
Listed by
Nick Poulsen · License #3117186
(954) 520-1683
Added: May 16, 2024 Checked: Jul 17 at 7:06 am
MLS# G5081344
Listing URL
Copyright © 2026 Stellar MLS. 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 property features a seven-unit mobile home park located in Belleview, Florida. The property is within walking distance of local restaurants and shopping. The lot size is 0.21 acres. The property contains 2,406 square feet and is zoned B2. The property is located in Marion County.
Key Highlights
- 7‑unit Mobile Home Park (MHP)
- Walking distance to restaurants and shopping
- Central Heating and Cooling
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $67.8k | $28.20 |
| − Vacancy | −$4.3k | −$1.78 |
| EGI | $63.6k | $26.42 |
| − OpEx | −$28.6k | −$11.89 |
| NOI | $35.0k | $14.53 |
2,406 SF · lease $28.20/SF/yr · vacancy 6.30% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$499.5K
$437.1K – $582.8K
NOI $34,966 @ 7.0% cap · market cap 7.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.31M
$1.15M – $1.53M
NOI $91,970 @ 7.0% cap · market cap 19.78%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Mobile home & RV ...
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Seven-unit mobile home park near shopping and dining in Belleview.
Where is this apartment building located?
The property is located at 5433 SE 113TH STREET Belleview, FL.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: 7‑unit Mobile Home Park (MHP); Walking distance to restaurants and shopping; Central Heating and Cooling
