Duplex Investment Opportunity in Minneola - 231 Ridgecrest Loop Welcome to 231 Ridgecrest Loop, a fantastic duplex investment in the heart of Minneola, Florida! This property offers tremendous potential for investors looking to generate steady rental income. With a spacious layout featuring 3 bedrooms and 2 bathrooms on each side, this property is an excellent opportunity to start or expand your real estate portfolio. Currently, this duplex produces $1,000 per month in rental income per side, making it a consistent and reliable source of cash flow. Whether you're an experienced investor or just starting out, this income-producing property is a great choice. Key Features: 2 Units (3 beds / 2 baths each) $2,000 in rental income per month Excellent location in Minneola, with easy access to local amenities, schools, and shopping centers. Note: The property does require a new roof for insurance purposes, but with the right renovations, it can easily be restored to its full potential. Don’t miss out on this unique opportunity to own a duplex that not only offers great rental income but also provides a chance to add value with a roof replacement. Act quickly—properties like this don’t last long! Contact us today to schedule a viewing or request more details.
Multi-familyProperty Type
1994Year Built
0.26 acresLot Size
$199Est. Price/Sq.Ft.
2 car garageParking
Listed by Suabi Ramnarain• FORTUNE REALTY OF CLERMONT
Contact: 352-429-4621
Bought with Matthew Wheatley• WHEATLEY REALTY GROUP
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
3
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
0.26 Acres
Year renovated
1998
Sq. Ft.
2,512
Year built
1994
Style
Other
County
Lake County
APN
07-22-26-0250-000-03400
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 23, 2026.
RMF-1
Multifamily Medium Density Residential District
The RMF-1 multifamily medium density residential district is established to implement comprehensive plan policies for the establishment of multifamily medium density residential development at a density not to exceed 4 dwelling units per acre.
Middle Or Junior High School: Aurelia Cole Academy
High School: Lake Minneola High
Location Information
Directions: Take Cherry Lake Rd to Lake Minneola Shores in Groveland Turn left onto Lake Minneola Shores Take N Lakeshore Dr to US-27 N Turn left onto US-27 N Follow W Minneola St to Ridge Crest Loop
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 2,512
Stories: 1.0
Lot Size: 0.26 acres
Style: Other
Year Built: 1994
Year Renovated: 1998
County: Lake County
APN: 07-22-26-0250-000-03400
Home facts updated by county records on Jul 23, 2026
Other
Miscellaneous Information
Third Party YN: 1
Listing Information
Attribution Contact: 352-429-4621
Previous Status: Pending
Backups Requested YN: 1
Listing Date Information
Days to Contract: 25
Status Contractual Search Date: 2025-04-30
Listing Price Information
Calculated List Price By Calculated Sq Ft: 179.14
Green Information
Green Verification Count: 0
Home Information
Living Area: 2512
Living Area Units: Square Feet
Living Area Source: Public Records
Living Area Meters: 233.37
Building Area Units: Square Feet
Foundation Details: Slab
Around this home
Schools
Grassy Lake Elementary School
Public PreK-5 • Assigned • 1.2mi
6/10
East Ridge Middle School
Public 6-8 • Assigned • 3.5mi
8/10
Lake Minneola High School
Public 9-12 • Assigned • 1.7mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
4/10 Fire Factor
0.93% chance of being in a wildfire in next 30 years
8/10 Heat Factor
7 days above 108° expected this year, 24 days in 30 years
9/10 Wind Factor
99% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Minneola, FL • 34715
Average low and high temperatures (°F)
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46
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91
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88
72
82
67
78
58
73
53
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Estimated sale price
$476,000 – $576,000
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