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Additional details

Keith Francis

keith@roundtablerealty.com +1(904) 874-2066

$ 429,000

Est. payment | -/mo

4 Beds

4 Baths

1,800 SqFt

Save Virtual Tour

$ 429,000

Est. payment | -/mo

Save Virtual Tour

4 Beds

4 Baths

1,800 SqFt

Key Details

Property Type Multi-Family, Duplex

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,800 sqft

Price per Sqft $238

Subdivision Highland Sub

MLS Listing ID R4911947

Bedrooms 4

HOA Y/N No

Year Built 2023

Annual Tax Amount $5,987

Lot Size 7,405 Sqft

Acres 0.17

Lot Dimensions 50x145

Property Sub-Type Duplex

Source Stellar MLS

Property Description

Prime investment opportunity in Lake Alfred! Built in 2023, this modern, turn-key duplex delivers instant cash flow with tenants already in place. Sitting on a ~0.17-acre lot with a private, fully fenced yard and NO HOA, this property offers ultimate flexibility for hands-off landlords or house-hackers looking to live in one side and offset their mortgage.
Both units boast a functional, open-concept 2-bedroom, 2-bathroom layout finished with fresh paint, durable low-maintenance flooring, and upgraded stainless steel appliances. Positioned right in the heart of town, residents enjoy fast access to US-17/92 and I-4 for effortless commutes to Orlando or Tampa, along with close proximity to local lakes, the Chain of Lakes Trail, and a planned Publix-anchored development.
Portfolio Opportunity: Motivated seller! Can be acquired individually or bundled with the matching, 1,800 sq ft duplex right next door at 640 E Grapefruit Ave (Parcel: 26-27-28-493500-00130) for a target 6.24% portfolio cap rate. Multiple financing options available—schedule your private tour today! Disclaimer: Photos depict the vacant unit. Floor plans, interior finishes, and color schemes may vary slightly by unit.

Location

State FL

County Polk

Community Highland Sub

Area 33850 - Lake Alfred

Zoning R-2

Rooms

Other Rooms Inside Utility

Interior

Interior Features Ceiling Fans(s), Crown Molding, Primary Bedroom Main Floor, Walk-In Closet(s), Window Treatments

Heating Central

Cooling Central Air

Flooring Laminate, Tile

Fireplace false

Appliance Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer

Laundry Electric Dryer Hookup, In Kitchen, Laundry Closet, Washer Hookup

Exterior

Exterior Feature Fence, Sidewalk

Utilities Available Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected

View Y/N No

Water Access No

Roof Type Shingle

Garage false

Private Pool No

Building

Entry Level One

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, FHA, Private Financing Available, Special Funding, VA Loan

Membership Fee Required None

Listing Terms Cash, Conventional, FHA, Private Financing Available, Special Funding, VA Loan

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/R4911947

Listed by Sharon Bokor BOKORS CORNER REALTY LLC

NEARBY SCHOOLS & PROPERTIES

"People Before Property"

Assisting buyers and sellers in achieving their goals is literally what I love to do!

+1(904) 469-7653

admin@roundtablerealty.com

1637 Racetrack Rd, Jacksonville, FL 32259

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650 E GRAPEFRUIT AVE Lake Alfred, FL 33850