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About This Home

This 3-bedroom, 2-bathroom single family at 217 SE FOREST TERRACE CIR in Lake City, FL is listed for $373,700 ($188 per sqft). Built in 1993, the home offers 1,988 sqft of living space on a 0.34 acres lot.

Agent Description

Investors Wanted. This property presents an enticing turn-key investment opportunity, with existing cash flow secured through a lease that has two years remaining, investors can enjoy immediate returns without the hassle of tenant acquisition. The presence of long-term tenants further mitigates risk, making this a stable investment choice.

Additionally, the installation of an interior sprinkler system and exit signs not only enhances the property's value but also ensures compliance with licensing requirements, adding an extra layer of assurance for potential investors

Key Features

  • Built in 1993
  • 0.34 acre lot
  • 3 parking spaces
  • Fireplace

Property Details

1 story
2 full
3 spaces
1993

Amenities

Fireplace

Monthly Cost Estimate

$1,999/mo

20% down · 6.5% · 30 years

Principal$270
Interest$1,619
Insurance$109

Estimates only. Actual payments may vary.

Location

217 SE FOREST TERRACE CIR

Lake City, FL 32025

Century Oak

Features & Amenities

Interior Features

DraperiesFireplaceCeiling FansGarage Door OpenerStorage AreaHandicap ModificationsLaminate Counters

Exterior Features

Sprinkler System

Property Details

Flooring

LaminateTileWood

Construction

FrameVinyl Siding

Parking

Garage

Heating

CentralElectric (Heating)

Cooling

Central AirElectric

Appliances

DishwasherDryerGarbage DisposerMicrowaveRefrigeratorWasher

Questions & Answers

This 3-bedroom, 2-bathroom single family at 217 SE FOREST TERRACE CIR is listed at $373,700 ($188/sqft). The estimated monthly payment is $1,619 based on 20% down at 6.5% interest.

Key features include: Built in 1993, 0.34 acre lot, 3 parking spaces, Fireplace. Interior Features: Draperies, Fireplace, Ceiling Fans. Exterior Features: Sprinkler System.

This property is listed by Beth Grady and can be reached at 5613197246 or bethgradypa@gmail.com.

BG

Beth Grady

Agent at JACKIE TAYLOR & ASSOCIATES

(561) 319-7246

Listed by JACKIE TAYLOR & ASSOCIATES · View on Broker Site

MLS# 131648· Source: listhub· Updated today

Copyright © 2026 Lake City Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

217 SE FOREST TERRACE CIR, Lake City, FL 32025

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