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11705 Enterprise Drive, Port Richey, FL

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$6,800,000

($177/sqft)

List Status: Active
11705 Enterprise Drive
Port Richey, FL 34668


94 beds
47 baths
38385 living sqft
Top Features
  • Subdivision: Gulf Highlands
  • Built in  1977
  • Single Family Residence
Description
Property Details
Additional Information
Additional Lease Restrictions
Please refer to Pasco County regulations for rentals.
Additional Parcels Description
24-26-15-0030-00001-0320 29-26-16-0520-00000-2290 20-26-16-0590-00000-5060 22-25-16-0960-00000-5550 03-25-16-0060-00000-0260 33-25-16-077A-00000-3290 16-25-16-0020-00000-2880 22-25-16-0960-00000-3930 36-26-15-0790-00000-1310 16-26-16-051C-00000-3730 22-25
Additional Parcels YN
true
Alternate Key Folio Num
1625100570000003610
Appliances
Dishwasher, Dryer, Exhaust Fan, Microwave, Range, Refrigerator
Association YN
false
Attached Garage YN
true
Available For Lease YN
1
Bathrooms Total Integer
52
Building Area Source
Owner
Building Area Total
38385
Building Area Total Srch SqM
3566.08
Building Area Units
Square Feet
Calculated List Price By Calculated SqFt
177.15
Carport Spaces
4
Carport YN
true
Construction Materials
Block, Vinyl Siding, Wood Frame
Cooling
Central Air
Country
US
Cumulative Days On Market
1
Currency Monthly Rent Amount
51210.00
Current Price
6800000.00
Days Notice To Tenant If Not Renew
30 days
Days On Market
1
Direction Faces
South
Exist Lease Tenant YN
1
Exterior Features
Storage
Fireplace YN
false
Flood Zone Code
x
Flooring
Ceramic Tile, Laminate, Linoleum, Luxury Vinyl, Tile, Vinyl
Foundation Details
Slab
Garage Spaces
24
Garage YN
true
Heating
Central, Electric
Interior Features
Ceiling Fans(s)
Internet Address Display YN
true
Internet Automated Valuation Display YN
true
Internet Consumer Comment YN
true
Internet Entire Listing Display YN
true
Laundry Features
Inside
Lease Restrictions YN
1
Levels
One
List AOR
Pinellas Suncoast
Living Area Meters
3566.08
Living Area Source
Owner
Living Area Units
Square Feet
Lot Size Acres
0.13
Lot Size Square Feet
5810
Lot Size Square Meters
540
Minimum Lease
1 Month
Modification Timestamp
2024-07-09T10:53:22.702Z
Month To Month Or Weekly YN
1
New Construction YN
false
Number Of Lots
31
Occupant Type
Tenant
Ownership
Fee Simple
Parcel Number
16-25-10-057.0-000.00-361.0
Pool Dimensions
16x32
Pool Features
Gunite, In Ground
Pool Private YN
true
Postal Code Plus 4
1518
Public Remarks
Package Deal - Turnkey 31 Single Family House Rental Portfolio in Pasco owned by one owner. Fully rented, very stable and well maintained. Many tenants average lease term has been 5+ years. 20 properties on month to month leases and room to easily bump rents. Monthly gross over $51K. NOI $514K after expenses currently. Roughly 7.56% cap rate at current rents listed below are actual rents, not expected, Proforma rents will give you roughly a cap rate of 8.36%+. 28 Roofs updated, 28 HVACs updated, all windows updated, 20 Kitchens updated, 22 Main Baths updated. Most major items been recently renovated to keep maintenance costs down. Various pictures from the properties showing general condition of kitchens, bathrooms, common rooms, exterior etc prior to existing rental term. Property breakdown in attached spreadsheet showing property address, year of each update, current rent and expenses. Seller reserves the right to sell individually or as a package. Buyer to verify all data.
Public Survey Range
16E
Public Survey Section
10
RATIO Current Price By Calculated SqFt
177.15
Road Surface Type
Asphalt
Roof
Membrane, Metal, Other, Shingle, Tile
Room Count
9
Senior Community YN
false
Sewer
Public Sewer, Septic Tank
Showing Requirements
Appointment Only, Call Listing Agent
Status Change Timestamp
2024-07-08T16:41:31.000Z
Stories Total
1
Tax Annual Amount
2367.55
Tax Block
000
Tax Book Number
11-127-129
Tax Legal Description
GULF HIGHLANDS UNIT 2 PB 11 PGS 127-129 LOT 361 OR 9159 PG 3296 OR 9174 PG 1893
Tax Lot
361
Tax Year
2023
Total Acreage
0 to less than 1/4
Total Annual Fees
0.00
Total Monthly Fees
0.00
Township
25S
Universal Property Id
US-12101-N-1625100570000003610-R-N
Unparsed Address
11705 ENTERPRISE DR
Utilities
Cable Connected, Electricity Connected, Sewer Connected
Water Source
Public
Waterfront YN
false
Zoning
R4
Neighborhood Map
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MLS #MFRW7866308 Listing courtesy of Dalton Wade Inc provided by Stellar MLS.



All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independent verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. The source of the listing data is as follows: Stellar MLS (updated 7/25/24 9:47 AM) |

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407-575-5392

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DBA Wendy Morris Realty
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Winter Garden, Florida 34787

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