1236 Dovehill Dr Apopka, FL 32703
Property details
About 1236 Dovehill Dr
This fully renovated 4-unit multifamily property in the heart of Apopka is a turnkey investment offering strong cash flow and long-term upside. All four units are fully occupied, generating a gross monthly rent of $7,125, plus an additional $100 per month from on-site laundry machine rentals. The current cap rate is 7.03%, with a projected increase to 7.91% by year five. A five-year pro forma estimates total profit at $253k with an 97% return on investment at the current purchase price. Recent upgrades include a new permitted roof installed in 2017, new water heaters, new electrical panels, and central air units installed in 2020, 2020, 2016, and 2011—all recently serviced and in excellent condition. The property features two fully permitted septic systems, with one drain field replaced in 2021 and the other in 2024. Each unit has been modernized with granite countertops, gray shaker cabinets, black fixtures, new blinds, updated bathrooms, and luxury waterproof wood plank flooring with a lifetime warranty. Stainless steel appliances and fresh interior paint complete the high-end finish. Each unit includes laundry hookups, private patios, and spacious backyards. The exterior has been refreshed with new exterior paint and a newly resealed parking lot. Annual gross income is currently $84k. Additional value-add opportunities include backyard storage units or expanded laundry rentals to increase revenue. Insurance quote available in broker documents is $6,587 per year. Rent roll, 5 year pro-forma, and an insurance quote are attached in documents section. Please do not disturb the tenants. Interior Showings available only after under contract.
Highlights
Virtual tour
Summary
- Appliances: Dishwasher, Freezer, Microwave, Range, Refrigerator
- Flooring Type: Luxury Vinyl, Vinyl
- Interior: Other, Window Treatments
- Total Bedroom Count: 8
- Private Pool: No
- Exterior: Other, Sliding Doors
- Heating: Electric, Other
- Cooling: Central Air
- List Price: $839,000
- Price/SqFt: $233
- HOA Amount: $0
- Annual Tax Amount: $7,733
- Tax Year: 2023
- Directions: At Exit 30, head right on the ramp for FL-414 East toward Maitland, Keep right, heading toward Apopka, Turn right onto US-441 S / W Orange Blossom Trail, Keep left to get onto FL-436 East, Turn left onto S Thompson Rd, Turn right onto Dovehill Dr.
- Year Built: 1984
- Living Area: 3,587 SqFt
- Lot Size: 0.35 Acres
- MLS Number: A4646391
- MLS Name: MFRMLS
- Office Name: ELEVATE REALTY LLC
- Office Phone: (561) 427-3923
- Listing Agent: Laura Auten
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 20, 2024 | Home Sold | $579,900 |
| Sep 18, 2024 | Home Sold | $535,000 |
| May 15, 1998 | Home Sold | $124,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $417,712 | $7,733 |
| 2022 | $359,785 | $6,917 |
| 2021 | $331,933 | $6,917 |
| 2020 | $333,914 | $6,522 |
| 2018 | $277,758 | $5,497 |
| 2017 | $249,663 | $5,100 |
History based on county public records data.
Nearby schools
3
Lovell Elementary School
Public District PK-5
0.5 mi
•815 Roger Williams Rd
3
Clay Springs Elementary School
Public District PK-5
1.6 mi
•555 N Wekiwa Springs Rd
6
Dream Lake Elementary School
Public District PK-5
1.6 mi
•800 N Wells St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $59,384. The majority of Apopka, FL residents have income between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Mexican League Soccer
Soccer
College Basketball
Where do the neighbors shop?
Books-a-Million
Burlington
Dillards
Where do the neighbors go to eat?
Church's Chicken
Wingstop
Logan's Roadhouse
What do the neighbors drive?
Toyota
Nissan
Hyundai
What do the neighbors listen to?
Adult Hits
Christian Adult Contemporary
Rock
Frequently asked questions
About 1236 Dovehill Dr
The listing price of 1236 Dovehill Dr property is $839,000.
The property 1236 Dovehill Dr is a multi located in Apopka, Florida, 32703.
Active Listing: 1236 Dovehill Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1236 Dovehill Dr are: Lovell Elementary School (GreatSchools Rating 3/10), Clay Springs Elementary School (GreatSchools Rating 3/10), Dream Lake Elementary School (GreatSchools Rating 6/10), Apoka Memorial Middle School (GreatSchools Rating 4/10), Piedmont Lakes Middle School (GreatSchools Rating 4/10), Teague Middle School (GreatSchools Rating 5/10), Sheeler High Charter (GreatSchools Rating 2/10), Apoka High School (GreatSchools Rating 5/10), Wekiva High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2023 is $7,733 (source: MLS/based on county public records data).
The last sale was on September 20, 2024 for $579,900 (source: MLS/tax record).
The property 1236 Dovehill Dr is 3,587 SqFt (source: MLS/tax record).
The year of construction for 1236 Dovehill Dr is 1984.
This home is located at 1236 Dovehill Dr in Apopka, FL and zip code 32703. This 3,587 square foot home, which was built in 1984, sits on a 0.35 acre lot. Features: 8 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since March 27, 2025 and is currently priced at $839,000.
While more than 8 listings in Apopka, FL in June 2025 were sold above asking price, there were more than 46 listings sold at asking price, and more than 80 were sold below. In June 2025 in Apopka, FL there were 8.5% less homes for sale than in May. Listings spent 67 days on the market in June 2025, and had a median list price of $400,000 during the same period.