5010, 5040, 5080, & 5120 Barker Point, FL

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$650,000

5010, 5040, 5080, & 5120 Barker PointLecanto, FL 34461

Listing updated: September 28, 2026 at 12:17 PM ET

Active

Listing courtesy of Keller Williams Realty - Elite Partners Ii · Louis Newman · MLS #OM730607 · Active · 352-419-0200

Baths

3,880

Sq Ft

2.29

Acres

1982

Built

◆2.29 acres◆$168/sqft◆360° tour

Multi-Family 5+

Property type

1982

Year built

26,202 sqft

Lot size

$168

Price / sq ft

No HOA

HOA dues

Days on market

Flood zone

About this home

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.?

Estimated monthly payment

Principal & interest$3,287

Property taxes$398

Home insurance (est.)$298

Down payment

20%

$130,000 downRate

6.5%

Term

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history42 days on market

Status: Active
Aug 18, 2026
Listed$650,000
Aug 17, 2026

Facts & features

Property type: Commercial Sale
Sub type: Multi-Family 5+
Status: Active
Days on market: 42
Subdivision: Leisure Acres Unit 02
County: Citrus
Year built: 1982
Living area: 3,880 sq ft
Price/sq ft: $168
Lot size: 26,202 sq ft
Lot category: 2 to less than 5
Flood zone: X
Annual taxes: $4,776 (2025)
Parcel #: 18E-19S-28-0020-000C0-013E
Zoning: RURMH
MLS #: OM730607

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Interior Details

Stories / Levels: One
Direction faces: East

Heating & Cooling

Cooling: Central Air, Mini-Split Unit(s), Wall/Window Unit(s)

Parking

Parking features: Over 30 Spaces

HOA & Financial

Total monthly fees: None
Total annual fees: None
Listing terms: Cash, Commercial Financing
Ownership: Fee Simple

Exterior & Construction

Construction materials: Metal Siding, Frame
Foundation: Pillar/Post/Pier
Road surface: Dirt

Utilities

Sewer: Septic Tank
Water source: Well

Listing Details

Listing date: 2026-08-12
On market date: 2026-08-17
Original list price: $650,000
MLS area: 34461 - Lecanto
Listing AOR: Lake and Sumter
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

Flood risk

Minimal riskFEMA Zone X

Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

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.

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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 September 28, 2026 at 12:17 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.

All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.

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