4 months on rocket

2748 Florence Dr Unit 9Units, Pigeon Forge, TN, 37863

$2,300,000

Home List Price

$10,000*

Closing Credit

0 Baths
5,400 SqFt
$426/SqFt
House

Location

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2748 Florence Dr Unit 9Units, Pigeon Forge$2,300,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingOn Premise Parking
Year Built1997
HeatingCentral, Electric
CoolingCentral Air
MLS #1269272
StatusActive

About 2748 Florence Dr Unit 9Units

Investment Opportunity in Pigeon Forge, TN. Over 208K gross 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 Details

Property Features

Property Information:

  • Year Built: 1997
  • Living Area: 5,400 SqFt

Listing Office:

  • Office Name: Realty Executives Southern Living
  • Office Phone: (865) 325-2616

Interior Features

Interior Information:

  • Flooring Type: Laminate

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: On Premise Parking

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Parkway in Pigeon Forge turn onto Sharon Dr. Take first Right onto Florence Dr. Building on your left, see sign ''Legacy Condominiums''

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,300,000
  • Price Per SqFt: $426/SqFt
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Housing Market Comparison

See how this home compares to others in Pigeon Forge, TN.

Med. Sold Price

$550K

Med. Price/SqFt

$352

Avg. Days On Market

74

# of Sold Homes

11

2748 Florence Dr Unit 9Units vs Pigeon Forge

134 DAYS ON ROCKET

+60 Days

$2,300,000

+$1.7M More

$426/SqFt

+$74 More

KEY TAKEAWAY

This property is $1.7M more than the Median Sold Price and $74/SqFt more than other homes in Pigeon Forge, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1269272

Listing Office:

  • Office Name: Realty Executives Southern Living
  • Office Phone: (865) 325-2616

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.

The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.

Copyright © 2024 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 3:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$11.5K

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,962

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-647442
3
/10
  • Pigeon Forge Primary School

  • 1766 Waldens Creek Rd

  • 3.26 miles

  • Public District Grades PK-3

school-card-donut-647443
2
/10
  • Sevierville Intermediate School

  • 416 High St

  • 4.46 miles

  • Public District Grades 3-5

school-card-donut-647444
5
/10
  • Catons Chapel Elementary School

  • 3135 Catons Chapel Rd

  • 6.65 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,230. The majority of Pigeon Forge, TN residents have income less than $35k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2748 Florence Dr Unit 9Units

What is the listing price of this property?

The listing price of 2748 Florence Dr Unit 9Units property is $2,300,000.

What type of property is this?

The property 2748 Florence Dr Unit 9Units is a house located in Pigeon Forge, Tennessee, 37863.

Is this property for sale now?

Active Listing: 2748 Florence Dr Unit 9Units is For Sale (Active/New) which means the seller is accepting offers.

What is the square footage of this property?

The property 2748 Florence Dr Unit 9Units is 5,400 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2748 Florence Dr Unit 9Units is 1997.

Rocket HomesTennesseeSevier CountyPigeon Forge378632748 Florence Dr Unit 9Units

This home is located at 2748 Florence Dr Unit 9Units in Pigeon Forge, TN and zip code 37863. This 5,400 square foot home was built in 1997. It has been listed on Rocket Homes since July 11, 2024 and is currently priced at $2,300,000.

In October 2024 more than 2 listings in Pigeon Forge, TN were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 9 were sold below. The number of listings in Pigeon Forge, TN increased by 4.8% between September 2024 and October 2024. While the average time on the market in October 2024 was 74 days, the median list price was $550,009.

From Rocket Homes Real Estate and based on county public records data.

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