5010, 5040, 5080, & 5120 S BARKER PT, Lecanto, FL 34461
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5010, 5040, 5080, & 5120 S BARKER PT, Lecanto, FL 34461
5010, 5040, 5080, & 5120 S BARKER PT, Lecanto, FL 34461
5010, 5040, 5080, & 5120 S BARKER PT, Lecanto, FL 34461
5010, 5040, 5080, & 5120 S BARKER PT, Lecanto, FL 34461
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Keith Caton

Keith Caton

+1(352) 489-6595
$ 650,000
Est. payment /mo
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5010, 5040, 5080, & 5120 S BARKER PT Lecanto, FL 34461

3,880 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi-Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 3,880 sqft

Price per Sqft $167

Subdivision Leisure Acres Unit 02

MLS Listing ID OM730607

Construction Status Completed

HOA Y/N No

Year Built 1982

Annual Tax Amount $4,775

Lot Size 2.290 Acres

Acres 2.29

Lot Dimensions 149x163

Property Sub-Type Multi-Family 5+

Source Stellar MLS

Property Description

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.?

Location

State FL

County Citrus

Community Leisure Acres Unit 02

Area 34461 - Lecanto

Zoning RURMH

Interior

Cooling Central Air, Mini-Split Unit(s), Wall/Window Unit(s)

Exterior

Parking Features Over 30 Spaces

View Y/N No

Water Access No

Exposure East

Building

Lot Description Oversized Lot

Story 1

Entry Level One

Foundation Pillar/Post/Pier

Lot Size Range 2 to less than 5

Sewer Septic Tank

Water Well

Structure Type Metal Siding,Frame

New Construction false

Construction Status Completed

Others

Ownership Fee Simple

Acceptable Financing Cash, Commercial Financing

Listing Terms Cash, Commercial Financing

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/OM730607

Stellar MLS
© 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by Louis Newman KELLER WILLIAMS REALTY - ELITE PARTNERS II
Keith Caton

Keith Caton

Broker

+1(352) 489-6595

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5010, 5040, 5080, & 5120 S BARKER PT