6900 Miami Dr - Apartments FOR SALE


Indian Lake Estates, FL 33855
$499,000 USD
863-676-0333
6900 Miami Dr, Indian Lake Estates, FL for Sale
$499,000 USD
Apartments - FOR SALE
1/25
null | Request Cap Rate

6900 Miami Dr
Indian Lake Estates, FL 33855


HIGHLIGHTS

  • Ideally positioned just off Hwy 60 in a peaceful rural setting

OVERVIEW

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 Harvey's 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 units-each 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 RV-perfect for extra income or guest use. Whether you're 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 course-this property combines income potential with a sought-after lifestyle setting!

FOR SALE DETAILS

PRICE

$499,000 USD

PRICE/SF

$153 USD /SF

# OF UNITS

4

PRICE/UNIT

$124,750

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1959

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,166 SF

ZONING

PUD

APN/PARCEL ID

30-31-04-994100-031807

ASK ABOUT THIS PROPERTY

Dolores VogelLegacy Real Estate Center IncMore Info
863-676-0333

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Dolores VogelLegacy Real Estate Center IncMore Info
863-676-0333

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.