$650K
5010, 5040, 5080, & 5120 Barker PointLecanto, FL 34461
Listing updated: November 6, 2026 at 10:06 PM ET
Listing courtesy of Keller Williams Realty - Elite Partners Ii · Lou Newman · MLS #OM730607 · Active · 352-419-0200Property type
Year built
Building size
Lot size
Price / SF
Units
Zoning
Days on market
Investment & cash flow
Income includes: Rent Only
Figures provided by the listing broker — verify independently.
About this property
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.?
Virtual tour
Facts & features
- Property type
- Commercial Sale
- Sub type
- Multi-Family 5+
- Status
- Active
- Days on market
- 81
- Subdivision
- Leisure Acres Unit 02
- County
- Citrus
- Year built
- 1982
- Building area
- 3,880 sq ft
- Price/sq ft
- $168
- Lot size
- 26,202 sq ft
- Units
- 4
- Buildings
- 4
- Stories
- 1
- Electric meters
- 4
- Road frontage
- Private Road
- Annual taxes
- $5K (2025)
- Parcel #
- 18E-19S-28-0020-000C0-013E
- Zoning
- RURMH
- MLS #
- OM730607
Utilities
- Water source
- Well
- Sewer
- Septic Tank
Listing details
- Listing date
- 2026-08-12
- On market date
- 2026-08-17
- MLS area
- 34461 - Lecanto
- Status changed
- 2026-08-18
- Tax legal description
- LEISURE ACRES UNIT 2 PB 5 PG 67 PCL E: N 150 FT OF LOT 13 BLK C LESS E 170 FT & EASM IN OR BK 1055 PG 940 & DESC IN OR BK 1362 PG 368
Location
Directions
From CR 491 (Lecanto Highway) turn onto S. Leisure Acres Blvd., then turn right onto W. Whippoorwill St., then turn left onto S. Bluebird Terr., then turn right onto W. Woodthrush St., then turn right onto S. Barker Pt.
Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of November 6, 2026 at 10:06 PM ET. 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.
Ryan Solberg, Licensed Real Estate Broker · MaxLife Realty, LLC · FL Lic. #BK3354351 · Equal Housing Opportunity · Terms · DMCA