5010, 5040, 5080, & 5120 S Barker Point LECANTO, FL 34461-8553
3,880
Square feet
2.29
Acres
$650,000
About 5010, 5040, 5080, & 5120 S Barker Point
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.?
Commercial Sale home for sale in LECANTO, FL at 5010, 5040, 5080, & 5120 S Barker Point. This Commercial Sale home is priced at $168/sqft
Features of 5010, 5040, 5080, & 5120 S Barker Point
| MLS® # | OM730607 |
|---|---|
| Price | $650,000 |
| Square Footage | 3,880 |
| Acres | 2.29 |
| Year Built | 1982 |
| Type | Commercial Sale |
| Sub-Type | Multi Family (5+) |
| Status | Active |
Community Information: Lecanto
| Address | 5010, 5040, 5080, & 5120 S Barker Point |
|---|---|
| Area | Lecanto |
| Subdivision | LEISURE ACRES UNIT 02 |
| City | LECANTO |
| County | Citrus |
| State | FL |
| Zip Code | 34461-8553 |
Amenities of 5010, 5040, 5080, & 5120 S Barker Point
| Parking | Over 30 Spaces |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
| Senior Community | No |
Interior of 5010, 5040, 5080, & 5120 S Barker Point
| Cooling | Central Air, Mini-Split Unit(s), Wall/Window Unit(s) |
|---|---|
| Fireplace | No |
| # of Stories | 1 |
Exterior of 5010, 5040, 5080, & 5120 S Barker Point
| Lot Description | Oversized Lot |
|---|---|
| Foundation | Pillar/Post/Pier |
Additional Information On 5010, 5040, 5080, & 5120 S Barker Point
| Date Listed | August 17th, 2026 |
|---|---|
| Days on Market | 42 |
| Zoning | RURMH |
| Flood Zone Code | X |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | KELLER WILLIAMS REALTY - ELITE PARTNERS II |
|---|