- 4 beds
- 4 baths
- 2,104 sqft
- 9,583 sqft lot
- $199 per sqft
- – on site
Exceptional opportunity for investors seeking truly passive income with long-term upside. This newly constructed, fully leased duplex features two 2BR/2BA units, each already occupied with quality tenants, and qualifies for rare financing rates as low as 3.75% even for non-owner-occupants—an option and rate virtually unheard of in this market. Built by savvy investors for savvy investors, this property was designed for performance, protection, and predictability. This is not a DIY rental—it's a professionally engineered wealth-building vehicle. The homes are built ''tenant-proof'' with durable finishes and thoughtful design to reduce wear and tear. As new construction, the property is backed by builder warranties that virtually eliminate the risk of a broken A/C, plumbing issue, or appliance failure wiping out years of cash flow. Even better, two years of property management are included for free, followed by a market-beating 8% fee. With a net operating income of $25,700 and a first-year cash-on-cash return of over 10% with tax savings, this is a set-it-and-forget-it model of long-term income and equity growth. While the initial cash flow is modest, the projected net profit projection reaches $217,000 by year six and nearly $1 million by year fifteenwithout the operational headaches typically tied to real estate. Reach out for proforma breakdown. So how is all of this possible? It comes down to the one rule that never fails in real estate: location, location, location. Inverness was chosen strategically for its powerful fundamentalsrising rental demand, a surge in relocations from higher-cost areas, and limited new housing supply. As the city continues to grow and evolve, so does the value of owning smartly designed, income-producing properties in prime locations like this. The builder's team didn't just construct a duplexthey placed a high-performing asset in the path of progress. Backed by Jim Sheils, author of Passive Income, this offering combines elite financing, smart construction, and a high-growth market to deliver the kind of passive income in real estate most investors only talk about or never even thought existed.
Last checked:
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Last updated Jun 23, 2025
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MLS# 2094941 —
The Building
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New Construction:true
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Development Status:None
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Architectural Style:None
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Basement:None
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Foundation Details:None
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Building Features:None
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Window Features:None
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Patio And Porch Features:None
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Building Name:None
Interior
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Rooms Total:None
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Interior Features:None
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Fireplace:No
Room Dimensions
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Living Area:2104.0
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Living Area Units:None
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Living Area Source:Appraiser
Financial & Terms
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Possession:Close Of Escrow
Location
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Directions:Going east on W main st, turn right on Apopka Ave, property will b elocated on left.
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Cross Street:None
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Latitude:28.819743
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Longitude:-82.329921
The Property
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Parcel Number:20E19S210020 02240 0240
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Property Type:Residential Income
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Property Subtype:Duplex
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Property Condition:None
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Property Attached:false
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Zoning:None
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Lot Features:Cleared
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Lot Size Acres:0.22
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Lot Size SqFt:9583.2
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Lot Size Area:0.22
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Lot Size Units:Acres
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Current Use:Residential
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Possible Use:None
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Topography:None
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Additional Parcels:No
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Additional Parcels Description:None
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Year:2025
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Tax Legal Description:LOT:24-25 CITY/MUNI/TWP:WITHLACOOCHEE RIVER BASIN SEC/TWN/RNG/MER:SEC 20 TWN 19S RNG 20E 224. INVERNESS HIGHLANDS SOUTH
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Tax Annual Amount:6299.0
Beds
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Bedrooms Total:4
Baths
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Total Baths:4.0
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Total Baths:4
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Full Baths:4
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Three Quarter Baths:None
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Partial Baths:None
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Quarter Baths:None
The Listing
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Virtual Tour URL Branded:None
Heating & Cooling
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Heating:Central
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Heating:true
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Cooling:true
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Cooling:Central Air
Utilities
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Utilities:Sewer Connected, Water Connected
Appliances
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Appliances:Convection Oven, Dishwasher, Microwave, Refrigerator
Schools
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Elementary School District:None
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Middle Or Junior School District:None
The Community
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Subdivision Name:Inverness Highlands North
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Pool Private:No
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Waterfront:false
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Water Body Name:None
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Pets Allowed:None
Parking
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Garage:false
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Attached Garage:false
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Carport:false
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Parking Features:Other
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/23/25
Jun 23, 2025
|
Listed / Active | NEFMLS | $419,900 |