150-221 SE SUNDIAL Place, Lake City, FL 32025
$10,200,000
Property Type:
Commercial Sale
Square Footage:
51,190
Lot Size (sq. ft.):
288,803
Status:
Active
Current Price:
$10,200,000
List Date:
5/20/2026
Last Modified:
5/20/2026
Overview
Description
Listing Details MLS# 2146262
General Property Information
- Number Of Units Total
- 107
- Building Area Total
- 51190
- Year Built
- 1986
- Building Name
- Sundial Apartments
- Lot Size Acres
- 6.63
- Waterfront YN
- No
- Stories Total
- 2
- Directions
- From Jacksonville, travel west on I-10 to I-75 North.
- Public Remarks
- Introducing Sundial Apartments - a 107-unit multifamily investment opportunity strategically positioned in the heart of Lake City, known as the ''Crossroads of Florida'' due to its exceptional connectivity via I-10 & I-75. This well-performing asset offers investors stable in-place income, strong historical occupancy, and immediate upside potential through rental growth. Current occupancy stands at an impressive 96%. Property offers 62 studio/efficiency units (400 sq ft), 37 standard 1BR units (550 sq ft), and 8 larger 1BR units (750 sq ft). Sundial presents a compelling value-add opportunity with current lease rates estimated to be approximately 10% below comparable properties. New ownership has the opportunity to implement strategic rent increases while maintaining strong occupancy, creating immediate potential for revenue growth and enhanced cash flow.
- List Price/SqFt
- 199.26
Property Features
Lot Features:
Cleared
Parking Features:
Parking Lot
Sale Includes:
Building & Land
Contract Information
- Listing Contract Date
- 2026-05-18
- Property Sub Type
- Multi Family
Location Tax and Legal
- Street Number
- 150-221
- Street Direction Prefix
- SE
- Street Name
- SUNDIAL
- Street Suffix
- Place
- County
- Columbia
- State
- FL
- Postal Code
- 32025
- MLS Area Major
- 803-Columbia-Southeast
Status Change Information
- Major Change Timestamp
- 2026-05-20T20:47:26Z
- Major Change Type
- New Listing
Unit 1 Details
- Unit ID
- Studio/Eff
- Annual Rent
- 955
- Unit SqFt
- 400
- # Units (This Type)
- 62
- Furnished
- Unfurnished
- Unit Remarks
- Studio/Efficiency
More Information
Unit 2 Details
- Unit ID
- 1BR
- Annual Rent
- 1035
- Unit SqFt
- 550
- # Units (This Type)
- 37
- Furnished
- Unfurnished
- Unit Remarks
- One-Bedroom
Unit 3 Details
- Unit ID
- 1BR-Large
- Annual Rent
- 1075
- Unit SqFt
- 750
- # Units (This Type)
- 8
- Furnished
- Unfurnished
- Unit Remarks
- Larger One-Bedroom
Unit 4 Details
- Unit ID
- Studio/Eff
- Annual Rent
- 955
- Unit SqFt
- 400
- # Units (This Type)
- 62
- Furnished
- Unfurnished
- Unit Remarks
- Studio/Efficiency
Unit 5 Details
- Unit ID
- 1BR
- Annual Rent
- 1035
- Unit SqFt
- 550
- # Units (This Type)
- 37
- Furnished
- Unfurnished
- Unit Remarks
- One-Bedroom
Unit 6 Details
- Unit ID
- 1BR Large
- Annual Rent
- 1075
- Unit SqFt
- 750
- # Units (This Type)
- 8
- Furnished
- Unfurnished
- Unit Remarks
- Larger One Bedroom
Unit 7 Details
- Unit ID
- 1BR Large
- Annual Rent
- 1075
- Unit SqFt
- 750
- # Units (This Type)
- 8
- Furnished
- Unfurnished
- Unit Remarks
- Larger One Bedroom
Unit 8 Details
- Unit ID
- 1BR Large
- Annual Rent
- 1075
- Unit SqFt
- 750
- # Units (This Type)
- 8
- Furnished
- Unfurnished
- Unit Remarks
- Larger One Bedroom
Location, Tax, and Legal
- Country
- US
- Parcel Number
- 17-4S-17-08437-000
Lot Features
- Cleared
- Yes
Parking Features
- Parking Lot
- Yes
Sale Includes
- Building & Land
- Yes
Listing Office:
IRON VALLEY REAL ESTATE NORTH FLORIDA
Last Updated: May - 20 - 2026
Information deemed reliable but not guaranteed.