1 / 15
$850,000
Active
100 CORY LANE
WINTER SPRINGS, FL 32708 — DOUGS UNIT 1
8 Beds
8 Baths
3,752 sqft
0.31 acres
Built 1985
About This Property
BEST QUADPLEX IN THE NEIGHBORHOOD — PRIME LOCATION DIRECTLY ACROSS FROM Torcaso Park!
Exceptional investment opportunity in a high-demand rental area with strong income potential and low maintenance. This well-kept quadplex features key upgrades, stable tenants, and excellent upside in rents.
Major improvements include a roof replacement in 2018 and three of four exterior A/C units replaced within the last seven years. Water heaters were updated (2018, 2019, 2020, and 2007). All stackable washer/dryers have been replaced within the last four years. Units 100, 104, and 106 feature updated Agreeable Gray paint, and Units 102 and 106 include newer energy-efficient windows installed approximately two years ago.
Estimated market rents are conservatively around $1,550 per unit, with continued rental growth in the area.
Each unit is separately metered, with tenants responsible for water, electricity, and cable/internet—offering a very investor-friendly setup.
Current leases expire in September (Unit 102), October (Unit 100), and December (Units 104 & 106). Several tenants are open to converting to month-to-month upon sale, providing flexibility for new ownership.
A strong, turn-key income property in a prime location with solid updates and upside potential.
Exceptional investment opportunity in a high-demand rental area with strong income potential and low maintenance. This well-kept quadplex features key upgrades, stable tenants, and excellent upside in rents.
Major improvements include a roof replacement in 2018 and three of four exterior A/C units replaced within the last seven years. Water heaters were updated (2018, 2019, 2020, and 2007). All stackable washer/dryers have been replaced within the last four years. Units 100, 104, and 106 feature updated Agreeable Gray paint, and Units 102 and 106 include newer energy-efficient windows installed approximately two years ago.
Estimated market rents are conservatively around $1,550 per unit, with continued rental growth in the area.
Each unit is separately metered, with tenants responsible for water, electricity, and cable/internet—offering a very investor-friendly setup.
Current leases expire in September (Unit 102), October (Unit 100), and December (Units 104 & 106). Several tenants are open to converting to month-to-month upon sale, providing flexibility for new ownership.
A strong, turn-key income property in a prime location with solid updates and upside potential.
Property Details
Basics
- Property Type
- Residential Income
- Property Subtype
- Quadruplex
- MLS Number
- O6410025
- Year Built
- 1985
Size & Structure
- Living Area
- 3,752 sqft
- Lot Size
- 0.31 acres
- Lot Sq Ft
- 13,678 sqft
- Bedrooms
- 8
Interior
- Appliances
- Dishwasher, Dryer, Microwave, Range, Refrigerator
- Interior Features
- Ninguno
- Laundry
- Laundry Closet
- A/C
- Central Air
- Heating
- Central
Exterior & Lot
- Exterior Features
- Balcony
- Construction
- Block, Frame
- Roof
- Shingle
- Foundation
- Slab
Water & Pool
Community & HOA
- HOA
- No
Utilities & Systems
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- Electricity Available, Public
- Cooling
- Central Air
- Heating
- Central
- Flood Zone
- X
Financial
- List Price
- $850,000
- Annual Taxes
- $10,532
- Tax Year
- 2025
- Listing Terms
- Cash, Conventional, FHA, VA Loan
- Special Conditions
- None
- Possession
- Close Of Escrow