Listing provided courtesy of IRON VALLEY REAL ESTATE NORTH FLORIDA- MLS# 2146262MLS Provider

150-221 SE SUNDIAL PlaceLake City, FL 32025

Commercial · 51,190 Sq. ft. | 6.63 Acres
$10,200,000 Active

150-221 SE SUNDIAL Place Overview

Time on Site:
43 days
Visits:
1

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.

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150-221 SE SUNDIAL Place Facts & Features

  • Type Commercial
  • Sq. ft. 51,190
  • Price/Sq.ft. $199
  • Lot 6.63 Acres

Details

General

Building Information

  • Building Name: Sundial Apartments
  • Year Built: 1986

Location/Region

  • Country: US
  • County Or Parish: Columbia
  • MLS Area Major: 803-Columbia-Southeast
  • MLS Area Minor: 803-Columbia-Southeast

General Information

  • Parcel Number: 17-4S-17-08437-000
  • Property Sub Type: Multi Family
  • Property Type: Commercial Sale

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Living Area: 51190.0
  • Stories Total: 2

Exterior

Parking Information

  • Parking Features: Parking Lot

Lot Information

  • Lot Features: Cleared
  • Lot Size Acres: 6.63
  • Lot Size Area: 6.63
  • Lot Size Square Feet: 288802.8
  • Lot Size Units: Acres

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: No

General Information

  • Number Of Units Total: 107

150-221 SE SUNDIAL Place Neighborhood

Community

32025 (Lake City) Demographics

37
Median Age
248
Population Density (per sq. mile)
24%
College Educated
$42,848
Estimated Median Income
4,755
Estimated Total Home Owners
3,204
Estimated Total Renters
60% / 40%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data unavailable, School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

150-221 SE SUNDIAL Place Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

150-221 SE SUNDIAL Place Market Data

Based on the last 30 days in this zip code

$388,539
Average List Price
$190
Average Price per Square Foot
4
Properties Sold
208
Average Days on Market
22
Properties for Sale
Calculations provided by Reliance Network

150-221 SE SUNDIAL Place History

Date Event Value Agent
5/20/2026Source: North East Florida MLS Added to Database
May 20, 2026