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Active - Multi Family for sale
5010, 5040, 5080, & 5120 S BARKER POINT, Lecanto, FL
Facts & features
Why you’ll love it
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.?
Listings courtesy of KELLER WILLIAMS REALTY - ELITE PARTNERS II as distributed by MLS GRID.
Listed by: Lou Newman • l.newman@kw.com • KELLER WILLIAMS REALTY - ELITE PARTNERS II
Co-listed by: KELLER WILLIAMS REALTY - ELITE PARTNERS II
Source: Stellar MLS as distributed by MLS GRID, MLS#: OM730607
Based on info available as of Nov 13, 2026 at 12:33 PM EST.
Come see by yourself
Affordability
$3,685/mo
- Mortgage$3,287
- Property tax$398
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
$13,000 Credit back
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Travel times
About Leisure Acres Unit 02
This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.
Flood & climate risk
FEMA Flood Zone X
Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.
More details
Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.
Fire
Storm
Air quality
Pollen
Disclaimer
Based on information submitted to the MLS GRID as of Nov 13, 2026 at 12:33pm EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Make a winning offer, and get up to
$13,000 Credit back
