1812 Coriander Dr - Multi-Family FOR SALE


Poinciana, FL 34759
$800,000 USD
407-800-3631
1812 Coriander Dr, Poinciana, FL for Sale
$800,000 USD
Multi-Family - FOR SALE
1/25
null | 6% Cap Rate

1812 Coriander Dr
Poinciana, FL 34759


OVERVIEW

Portico Homes presents its brand-new quadplex buildings which feature 4 individual attached 2-bedroom, 2-bathroom villas in each building located in Tuscany Preserve, a private gated community. These modern quadplex villas boast Spanish-style Tiled roofs, ceramic tile throughout, 42” cabinets, granite countertops, and stainless steel appliances. Tuscany Preserve provides exclusive amenities including a private gym, clubhouse, pool, tennis and basketball courts. Short-term rentals and Airbnbs are allowed. Each quadplex comes with 4 parcel IDs, unlike the common single parcel for multi-family properties. This gives you the flexibility to sell one unit at a time if necessary, rather than the entire building, providing additional leverage to investors. Project started in 2023 with first 4 buildings selling out and 10 buildings remaining to be sold.

FOR SALE DETAILS

PRICE

$800,000 USD

PRICE/SF

$190 USD /SF

# OF UNITS

4

PRICE/UNIT

$200,000

CAP RATE

6%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tuscany Preserve Quadplex Villas

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,255 SF

ZONING

DRI

APN/PARCEL ID

28-28-15-935362-003010

ASK ABOUT THIS PROPERTY

Amer LababidiThe Firm REMore Info
407-800-3631

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Amer LababidiThe Firm REMore Info
407-800-3631

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.