$650,000
- 3,880
- sqft
- 1982
- year built
- 3,880
- sqft
- 1982
- year built
- Status:
- Active
- MLS #:
- OM730607
- Neighborhood:
- LEISURE ACRES UNIT 02
- County:
- Citrus
- Listed By:
- Lou Newman - KELLER WILLIAMS REALTY - ELITE PARTNERS II
- Agent Phone:
- (352) 870-4622
- Agent Email:
- l.newman@kw.com
Sponsoring Broker: Derek Eisenberg, Continental Real Estate Group, Inc
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.?
Highlights
- Commercial Sale
- Built in 1982
- 2.29 Acre Lot
- 84 days on Market
-
- Year Built
- 1982
-
- Stories
- 1.0
-
- Construction Materials
- Frame, Metal Siding
-
- Foundation
- Pillar/Post/Pier
-
- Living Area
- 3880.0
-
- Cooling
- Central Air, Wall/Window Unit(s)
-
- Acres
- 2.29
-
- Lot Features
- Wooded
-
- Water
- Private, Well
-
- Area
- 34461 - Lecanto
-
- County
- Citrus
-
- City
- Lecanto
-
- Neighborhood
- LEISURE ACRES UNIT 02
-
- Zip Code
- 34461
-
Nearby Schools
-
29out of 100
-
68out of 100
-
55out of 100
-
50out of 100
-
49out of 100
-
74out of 100
-
55out of 100
-
54out of 100
-
72out of 100
-
55out of 100
Disclaimer: ez Home Search School Ratings are on a scale of 1-100 and represent our evaluation of school quality based on academic performance, school resources, community feedback, and demographic factors. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.
-
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preferred mortgage partner
your partner for Citrus county
Katie Henry
LO NMLS #: 1565046
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Similar Listings
Look Throughout Lecanto
There are currently 62 properties available in Lecanto, with 4 under contract to close soon. Properties in the city have an average sale price of $344,335 and typically spend 123 days on the market before being sold.
Want to compare this property to others available for sale in the area? Use our search to find exactly what you want among our 2,000,000+ listings and to see incredible photos to show you what is possible.
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Source: ez Home Search, MLS Data
Frequently Asked Questions
How do I schedule a tour of 5080 AND 5120 S Barker Pt #5010 5040?
We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 5080 AND 5120 S Barker Pt #5010 5040.
They know commercial sales in the area well and can give you the guidance you need to buy with confidence.
How do I get more information about 5080 AND 5120 S Barker Pt #5010 5040?
Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $650,000. We can talk through recent upgrades, potential seller motivation, how this commercial sale compares to others in Lecanto, and can even get you in to see the property quickly.
How do I get a virtual tour of 5080 AND 5120 S Barker Pt #5010 5040?
Yes! A virtual tour is available for 5080 AND 5120 S Barker Pt #5010 5040. Click here to view the full walkthrough and explore every room at your own pace. If you would like a guided virtual showing or have questions along the way, we can connect you with our local expert to walk you through it live.
How much is the monthly mortgage payment for 5080 AND 5120 S Barker Pt #5010 5040?
With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 5080 AND 5120 S Barker Pt #5010 5040 at around $4,097. This includes estimated property taxes and insurance.
Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.
How do I get pre-approved to buy 5080 AND 5120 S Barker Pt #5010 5040?
Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.
Or, let us connect you with our preferred local lender in Citrus County. They will give you all of your available financing options, based on your specific situation and what is available to you.
Can I negotiate the asking price for 5080 AND 5120 S Barker Pt #5010 5040?
In most cases, yes. Whether 5080 AND 5120 S Barker Pt #5010 5040 is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Lecanto's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
How do I make an offer on 5080 AND 5120 S Barker Pt #5010 5040?
We can handle that for you. Our preferred local agent specializes in commercial sales in Lecanto and can guide you through every step of the offer process.
You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.
What is the price per square foot for this home?
This home is listed at $650,000 with 3,880 sqft of space—that comes out to approximately $168 per square foot.
How long has this property been on the market?
5080 AND 5120 S Barker Pt #5010 5040 was listed on August 16, 2026, which means it's been on the market for 84 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
When was this house built?
This home was built in 1982, making it approximately 44 years old.
What is the lot size of this property?
5080 AND 5120 S Barker Pt #5010 5040 sits on a 2.29-acre lot, which is 99,752 square feet.
What are the property taxes for 5080 AND 5120 S Barker Pt #5010 5040?
The most recent public record shows annual property taxes for 5080 AND 5120 S Barker Pt #5010 5040 were approximately $4,776. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.
Is 5080 AND 5120 S Barker Pt #5010 5040 still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Stellar MLS. All rights reserved.
Last Updated: November 08, 2026 at 08:56PM | Source: Stellar MLS | MLS#: OM730607
