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Lasbury Tracy Realty Inc
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$650,000

Active

5010, 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 listing’s 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 10–15 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

How would you like to see it?
Which day?
What time of day?

In person Β· Thu, Oct 1 Β· Morning (9-12)

No account, no obligation. Prefer to talk? (941) 474-5585

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.

Listing information is provided in part by Stellar MLS, as distributed by MLS GRID. Based on information submitted to the MLS as of Sep 30, 2026, 7:58 PM (ET). All data is obtained from various sources and may not have been verified by broker or MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.

Lasbury Tracy Realty Inc. Β· [email protected]