$650,000
Active5010, 5040, 5080, & 5120 S Barker Pt, Lecanto, FL 34461
3,880 sq ft
Listing courtesy of KELLER WILLIAMS REALTY - ELITE PARTNERS II Β· MLS# OM730607
44 days on market
Refreshed from the Stellar MLS feed . This listingβs MLS record last changed .
About this property
5010, 5040, 5080 & 5120 S Barker Point in rapidly growing Citrus County, FL presents a compelling multifamily investment opportunity.? Offered at $650,000, this attractive 4-unit portfolio (five property parcels total including the well site) delivers a strong 9.78% cap rate with 100% occupancy and NOI of $63,555.? Situated on approximately 2.29 acres, the property consists of four adjacent, renovated 3-bedroom, 2-bath homes totaling 3,880 square feet.? Each residence features a durable steel roof, fenced half-acre-plus parcels, and recent updates that support tenant appeal and operational ease.? Located in an X flood zone, this income-producing asset offers investors both stability and upside through a well-maintained, fully leased portfolio.? The property is conveniently positioned just 10β15 minutes from shopping, medical offices, parks, and the Suncoast Parkway, enhancing accessibility for tenants and supporting long-term occupancy.? This is an ideal opportunity to acquire a truly turnkey residential income property with immediate cash flow in the desirable Lecanto submarket.?
Facts
- Property type
- Multi-Family 5+
- Year built
- 1982
- Exposure
- East
- Flood zone
- X
- Annual taxes
- $4,776/yr
- Listed
- 2026-08-12
- MLS #
- OM730607
Commercial details
Building & site
- Building size
- 3,880 SF
- Lot size
- 2.29 acres (26,202 SF)
- Zoning
- RURMH
- Road frontage
- Private Road
- Buildings
- 4
Investor metrics
- Price per SF (MLS)
- $167.53/SF
- Cap rate
- 9.77%
- Net operating income
- $63,555/yr
- Gross income
- $72,480/yr
- Annual expenses
- $8,925/yr
- Units
- 4
As reported by the listing broker in the MLS. Not verified by Lasbury-Tracy Realty β confirm with the listing broker before relying on them. We never estimate a cap rate.
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5010, 5040, 5080, & 5120 S Barker Pt, Lecanto, FL 34461
Listing courtesy of KELLER WILLIAMS REALTY - ELITE PARTNERS II Β· MLS# OM730607 Β· Active
Where this property is
Opens on aerial β on this coast the canal, the lot and the neighbours answer more questions than a street grid does.
