Address: 6900 Miami Drive, INDIAN LAKE ESTATES, FL 33855
Description
Exceptional Investment Opportunity in Polk County!
Discover this solidly built, income producing fourplex, ideally positioned just off Hwy 60 in a peaceful rural setting with close proximity to popular recreational destinations like The Resort at Canopy Oaks, River Ranch Resort by Westgate, Guy Harveys Camp Mack Resort, and Vero Beach just a short drive east!
This multifamily property features two concrete block buildings with shingle roofs, offering a total of four spacious 1 bedroom, 1 bathroom unitseach over 800 sq. ft. With thoughtful upgrades and solid infrastructure, this property is both low maintenance and tenant friendly.
Property Highlights Include:
Solid Construction: Two buildings built in 1959 with roofs replaced approx. 4 years ago.
Tenant Paid Electricity: Each unit is sub metered for electric, reducing owner expenses.
City Water + Renovated Septic: public water (landlord paid) and a recently upgraded septic system.
Spacious Layouts: Each unit includes a well maintained kitchen and bathroom, living room and large bedroom.
Shared Laundry Room: for added convenience.
Bonus RV Hook Up: Water and sewer connection available for an RVperfect for extra income or guest use.
Whether youre a first time investor or expanding your portfolio, this property qualifies for residential financing, making it a rare attainable investment opportunity.
Enjoy nearby lake access at Lake Walk in Water with beach and fishing pier, or tee off at the local golf coursethis property combines income potential with a sought after lifestyle setting!
Exceptional Investment Opportunity in Polk County!
Discover this solidly built, income producing fourplex, ideally positioned just off Hwy 60 in a peaceful rural setting with close proximity to popular recreational destinations like The Resort at Canopy Oaks, River Ranch Resort by Westgate, Guy Harveys Camp Mack Resort, and Vero Beach just a short drive east!
This multifamily property features two concrete block buildings with shingle roofs, offering a total of four spacious 1 bedroom, 1 bathroom unitseach over 800 sq. ft. With thoughtful upgrades and solid infrastructure, this property is both low maintenance and tenant friendly.
Property Highlights Include:
Solid Construction: Two buildings built in 1959 with roofs replaced approx. 4 years ago.
Tenant Paid Electricity: Each unit is sub metered for electric, reducing owner expenses.
City Water + Renovated Septic: public water (landlord paid) and a recently upgraded septic system.
Spacious Layouts: Each unit includes a well maintained kitchen and bathroom, living room and large bedroom.
Shared Laundry Room: for added convenience.
Bonus RV Hook Up: Water and sewer connection available for an RVperfect for extra income or guest use.
Whether youre a first time investor or expanding your portfolio, this property qualifies for residential financing, making it a rare attainable investment opportunity.
Enjoy nearby lake access at Lake Walk in Water with beach and fishing pier, or tee off at the local golf coursethis property combines income potential with a sought after lifestyle setting!
Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Water Connected
Finance and Tax Information
Home Owners Association Fee: 347.00
Insurance Expense: 0.00
Net Operating Income: 0.00
Other Expense: 0.00
Tax Year: 2024
Rental Information
Tenant Pays: Electricity
Other Features
Appliances: Range, Refrigerator
Association Name: Elizabeth Jewell
Association Phone: 863-692-1433
Country: US
Interior Features: Ceiling Fans(s)
Legal Description: INDIAN LAKE ESTS UNIT 10 SEC 4/9 31 30 PB 40 PG 14 BLK 318 LOT 1 THAT PART DESC AS BEG AT MOST NLY COR RUN S 44 DEG 10 MIN 35 SEC E 198.05 FT S 76 DEG 37 MIN 40 SEC W 137.83 FT N 43 DEG 50 MIN 50 SEC W 127.47 FT N 45 DEG 49 MIN 25 SEC E 117.65 FT TO POB
Levels: Two
Area Major: 33855 - Indian Lake Estates/Lake Wales
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