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APOPKA, FL 32703 1236 DOVEHILL DRIVE

Pending
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Presented By: ELEVATE REALTY LLC with 561-427-3923. - 561-427-3923
  • MLS# A4646391
  • 06/27/2025
  • Request Tour
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  • Beds • 8
  • Baths • 8
  • SQFT • 3,587

Home Details

This fully renovated 4-unit multifamily property in the heart of Apopka is a turnkey investment offering strong cash flow and long-term upside. All four units are fully occupied, generating a gross monthly rent of $7,125, plus an additional $100 per month from on-site laundry machine rentals. The current cap rate is 7.03%, with a projected increase to 7.91% by year five. A five-year pro forma estimates total profit at $253k with an 97% return on investment at the current purchase price. Recent upgrades include a new permitted roof installed in 2017, new water heaters, new electrical panels, and central air units installed in 2020, 2020, 2016, and 2011—all recently serviced and in excellent condition. The property features two fully permitted septic systems, with one drain field replaced in 2021 and the other in 2024. Each unit has been modernized with granite countertops, gray shaker cabinets, black fixtures, new blinds, updated bathrooms, and luxury waterproof wood plank flooring with a lifetime warranty. Stainless steel appliances and fresh interior paint complete the high-end finish. Each unit includes laundry hookups, private patios, and spacious backyards. The exterior has been refreshed with new exterior paint and a newly resealed parking lot. Annual gross income is currently $84k. Additional value-add opportunities include backyard storage units or expanded laundry rentals to increase revenue. Insurance quote available in broker documents is $6,587 per year. Rent roll, 5 year pro-forma, and an insurance quote are attached in documents section. Please do not disturb the tenants. Interior Showings available only after under contract.
Presented By: ELEVATE REALTY LLC with 561-427-3923. - 561-427-3923

Interior Features for 1236 DOVEHILL DRIVE

Bedrooms

Total Bedrooms8

Bathrooms

Total Baths8

Other Interior Features

LivingAreaSourcepublic records
Air Conditioning Y/NYes
Fireplace Y/NNo
Flooringluxury vinyl, vinyl
Heating Y/NYes
Interior Amenitiesother, window treatments
Laundry Featureselectric dryer hookup, laundry closet, laundry room, washer hookup

General for 1236 DOVEHILL DRIVE

Additional Parcels Y/NNo
Appliancesdishwasher, freezer, microwave, range, refrigerator
Building Area Unitssquare feet
Carport Y/NNo
Cityapopka
Construction Materialsstucco
Coolingcentral air
Countyorange
Directionsat exit 30, head right on the ramp for fl-414 east toward maitland, keep right, heading toward apopka, turn right onto us-441 s / w orange blossom trail, keep left to get onto fl-436 east, turn left onto s
Flood Zone Codex
Flood Zone Code XY
Garage Y/NNo
Gross Income84000
HOANo
Heatingelectric, other
Land Lease Y/NNo
Lease Considered Y/NYes
Legal Descriptiondovehill 12/91 lots 5 through 8
Listing Termscash, conventional, va loan
Living Area Unitssquare feet
Lot Size Square Feet15290
Lot Size Unitssquare feet
MLS Area32703 - apopka
ModificationTimestamp2025-07-21t18:46:54.567z
New ConstructionNo
Number Of Units Total4
Ok to Lease12 months
Ownershipfee simple
Patio/Porch Featurescovered, patio, rear porch
Property Subtypequadruplex
Property Typeresidential income
Roofshingle
Senior Community Y/NNo
Sewerseptic tank
Standard Statuspending
Statuspending
Subdivision Namedovehill
Tax Annual Amount8737
Tax Lot5
Tax Year2024
Tenant Payselectricity, trash collection, water
Total Actual Rent7125
Utilitieselectricity connected, other, water connected
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1984
Zoningr-2

Exterior for 1236 DOVEHILL DRIVE

Building Area Total4021
Exterior Amenitiesother, sliding doors
Foundation Detailsslab
Lot Size Acres0.35
Lot Size Area15290
Number of Buildings1
Private PoolNo
Road Surface Typeasphalt, other
Water Sourcepublic
Waterfront Y/NNo

Additional Details

Price History

Steven Silcock

Broker Owner
Price $839,000
MLS#A4646391
List Date 06/27/2025
Property Type Pending
Phone 407.574.0218
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