2748 Florence Drive, 9 units, Pigeon Forge, TN 37863
$2,299,500
Property Type:
Multi-Family
Square Footage:
5,400
Status:
Active
Current Price:
$2,299,500
List Date:
1/14/2025
Last Modified:
8/28/2025
Description
Investment Opportunity in Pigeon Forge, TN. $140K gross rental income. Explore this portfolio of 9 meticulously maintained 1-bedroom condominiums in central Pigeon Forge, TN. Strategically located within a commercially zoned area and operated as successful short-term rentals, these units are attractively priced below market value. Each unit boasts 600 square feet and is fully furnished with appliances, kitchenware, decor, and furnishings, ensuring immediate functionality and aesthetic appeal. Recent updates vary from each unit. Situated within a larger complex of 30 units, this STR portfolio represents a substantial portion of the building. HOA includes water, sewer, grounds maintenance, building exterior and trash pick up. Call to schedule your showing today!
More Information MLS# 1286945
Location, Tax & Legal Info
Unit #: 9 units
Area: Sevier County - 27
City/County Code: City Limits
Total Tax: 3663.93
Contract Info
Auction Y/N: No
Listing Price: 2299500
Current Price: $2,299,500
Status: Active
Listing Date: 2025-01-14
General Property Description
Lot Dimensions: irr
Restrictions: Yes
Utilities/Mo Avg: 2160
Property Status: N/A
Driveway: designated parking
Lease Information: Airbnb & VRBO
SqFt - Total (Aprox): 5400
Number of Units: 9
Year Built: 1997
Remarks & Misc
Directions: From Parkway in Pigeon Forge turn onto Sharon Dr. Take first Right onto Florence Dr. Building on your left, see sign ''Legacy Condominiums''
Public Remarks: Investment Opportunity in Pigeon Forge, TN. $140K gross rental income. Explore this portfolio of 9 meticulously maintained 1-bedroom condominiums in central Pigeon Forge, TN. Strategically located within a commercially zoned area and operated as successful short-term rentals, these units are attractively priced below market value. Each unit boasts 600 square feet and is fully furnished with appliances, kitchenware, decor, and furnishings, ensuring immediate functionality and aesthetic appeal. Recent updates vary from each unit. Situated within a larger complex of 30 units, this STR portfolio represents a substantial portion of the building. HOA includes water, sewer, grounds maintenance, building exterior and trash pick up. Call to schedule your showing today!
Property Sub-Type
Other: 1
Construction
Block: 1
Type of Units
1 Bedroom Unit: 1
Sale Includes
All Furnishings: 1
Cooling
Central Cooling: 1
Floors
Laminate: 1
Tile: 1
Vinyl: 1
Garage/Parking
On Premise Parking: 1
Fuel
Electric: 1
Heat
Central: 1
Other Rooms
Family Room: 1
Roof
Shingle: 1
New Financing
Cash: 1
Conventional: 1
Exchange: 1
Location Tax Legal Info
House #: 2748
Street Name: Florence
St Suffix: Drive
State/Province: TN
Zip Code: 37863
PIN #: 083O B 023.00
Geo Lat: 35.799685
Geo Lon: -83.573278
Status Change Info
Status Change Date: 2025-01-14
Property Features
Property Sub-Type: Other
Type of Units: 1 Bedroom Unit
Sale Includes: All Furnishings
Floors: Laminate; Tile; Vinyl
Fuel: Electric
Heat: Central
Cooling: Central Cooling
Construction: Block
Roof: Shingle
Other Rooms: Family Room
New Financing: Cash; Conventional; Exchange
Listing Office: Realty Executives Southern Living
Office Phone: 865-325-2616
Last Updated: August - 28 - 2025
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