Refine Search
$471,000

640 E Grapefruit Avenue Lake Alfred, FL 33850 Multi Unit - Multiple Active

  • 640 E Grapefruit Avenue, Lake Alfred, FL 33850 Main Photo

14 Total Photos [Click to View All]

Description

Welcome to 640 Grapefruit Ave! This newer construction duplex built in 2023 offering immediate income potential with tenants already in place. Situated on approximately 0.17 acres, this property features a spacious fenced yard and NO HOA, providing added flexibility for ownership and use. Each unit offers a well-designed 2 bedroom, 2 bath open floor plan layout with modern finishes, open living spaces, and a low-maintenance design ideal for both tenants and owners. The functional floor plans provide comfortable living with efficient use of space, making this a strong option for both long-term rentals and owner-occupants looking to offset expenses. Conveniently located in the heart of Lake Alfred, the property offers easy access to US-17/92 and is just minutes from I-4, allowing for a smooth commute to both Orlando and Tampa. Nearby shopping, dining, and everyday conveniences can be found in Winter Haven, Auburndale, and Lakeland, all within a short drive. The area continues to experience growth, including a newly planned Publix-anchored shopping center nearby, adding future retail and dining options. Outdoor enthusiasts will appreciate the proximity to local lakes and nearby trails like the Chain Of Lakes Trail! while also being close to schools, parks and more. Ideal opportunity for investors seeking a turnkey rental property or for owner-occupants looking to generate income. Inquire about this property today!

Property Highlights

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.17 Acres
Roof Type: Shingle
Taxes: $5,987
Year Built: 2023

General Information

Bedrooms: 4
Sqft: 1,925
County: Polk
Subdivision: HIGHLAND
Listed By:
Jeff Inman FHG REALTY, LLC 407-505-7600

Amenities

Ceiling Fans(s)
Open Floorplan
Thermostat
Walk-In Closet(s)
Fence
Sidewalk

Property Features

Annual Net Income: 37700.00
Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
Days on Site: 12
Directions: From US-17/92 in Lake Alfred, head east on E Main St. Turn left onto N 3rd St, then right onto E Grapefruit Ave. Property will be on the left at 650 E Grapefruit Ave
Exterior: Block, Stucco
Flood Zone Code: X
Flooring: Vinyl
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot Dimensions: 0.17
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: Appointment Only, Call Listing Agent, See Remarks, ShowingTime
Special Sale Provisions: None
Units: 2
Utilities: Cable Available, Electricity Available
Water: Public
Water Access Y/N: No
Zoning: R-2
$471,000
4beds
1,925sqft
Active
BEDS4 BATHS SQUARE FEET1,925 MLS#O6390664
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONHIGHLAND

Get in Touch

Contact an agent to learn more about

640 E Grapefruit Avenue, Lake Alfred, FL 33850.

Contact Form

Preferred Communication Method:

Estimate Your Payment

Estimated Payment

$ 2,224.90 per month $1,588.60 Principal & Interest $498.92 Property Tax $137.38 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Login to My Homefinder

Pixel