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34088335
34088334

605 EDGEWOOD AVE, INVERNESS, FL 34453

CENTURY 21 J W Morton Real Estate, Inc.
Listed by CENTURY 21 J W Morton Real Estate, Inc.
$1,350,000
10 days on market
Updated 10 days ago

Inverness - Multifamily - Portfolio

Details
APN 19E-19S-12-0120-00340-0270
Property Type Multifamily
Sub Type Single Family Rental Portfolio, Apartment Building
Square Footage 8,630
Units 3
Cap Rate 6.49%
NOI $87,656
Tenancy Multi
Year Built 1984
Stories 1
Acreage 1.350
Investment Type Owner/User

Multifamily - Portfolio

Marketing description

I) Two triplexes and a multifamily-zoned vacant lot

Address: 605-607-609 Edgewood Ave, Inverness, FL 34453

606-608-610 Long Ave, Inverness, FL 34453

2607 Wilson Street, Inverness, FL

II) Duplex

Address: 512 Long Ave, Inverness, FL 34453

III) Waterfront home

Address: 426 Ella Ave, Inverness, FL 34450

Investment highlights

Exceptional portfolio sale featuring a 6-unit apartment complex with an adjacent vacant lot, a duplex, and a waterfront property in the growing Inverness market. Conveniently located near shopping, restaurants, medical facilities, schools, and historic downtown Inverness.

This income-producing portfolio offers immediate cash flow with strong rental demand and significant upside potential through future rent increases, property improvements, or development opportunities. The vacant lot provides additional value and flexibility for expansion or future use, while the waterfront property adds a unique investment component to the package.

Whether you're expanding your real estate holdings, completing a 1031 exchange, or seeking a multi-property investment with diversified income streams, this portfolio presents a rare opportunity in a desirable Central Florida location.

Strong cash flow, multiple assets, development potential, and prime location, do not miss this unique investment opportunity.

Listing Contacts

CENTURY 21 J W Morton Real Estate, Inc.
Listed by CENTURY 21 J W Morton Real Estate, Inc.

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$87,656.00
$7,304.67/mo

Valuation Metrics

0
DSCR
6.49%
Cap Rate
6.49%
ROI

Map

Zoning

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LMD/R3 ResidentialMulti FamilyLow Medium Density Residential District
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Last updated May 13, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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