3145 Ravines Road, Middleburg, FL 32068

$1,750,000
6,930
SqFt

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Property Description

$250k price improvement, Apartment Opportunity in The Ravines. Rare chance to own a fully renovated 11-unit multifamily property in the gated community of The Ravines. Renovated in 2022, this building is 100% occupied and generating strong rental income with a mix of long-term and short-term tenants. 8 Efficiency Units: $1,200/month each (3 currently operating as short-term rentals through iTrip: The Den at The Ravines 2 One-Bedroom Units: $1,500/month each 1 Two-Bedroom Unit: $1,800/month Total of 11 doors, all modernized and income-producing. HOA dues are only $51/month per unit, keeping operating costs low. The Ravines is a private, gated neighborhood offering a peaceful, wooded setting while still being convenient to shopping, dining, and major roadways. Strong rental demand in Middleburg and Clay County makes this a prime addition to any portfolio. Whether you're seeking stable cash flow or short-term rental upside, this turnkey property is ready for its next own Investment Opportunity in The Ravines - Middleburg, FL Rare chance to own a fully renovated 11-unit multifamily property in the gated community of The Ravines. Completed in 2022, this building is 100% occupied and generating strong rental income with a mix of long-term and short-term tenants. 8 Efficiency Units: $1,200/month each (3 currently operating as short-term rentals through iTrip: The Den at The Ravines 2 One-Bedroom Units: $1,500/month each 1 Two-Bedroom Unit: $1,800/month Total of 11 doors, all modernized and income-producing. HOA dues are only $51/month per unit, keeping operating costs low. The Ravines is a private, gated neighborhood offering a peaceful, wooded setting while still being convenient to shopping, dining, and major roadways. Strong rental demand in Middleburg and Clay County makes this a prime addition to any portfolio. Whether you're seeking stable cash flow or short-term rental upside, this turnkey property is ready for its next owner.

Listing courtesy of NORTH FLORIDA REALTY ADVISORS.

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