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Description
Rare waterfront multifamily investment opportunity in Dundee, Florida. Located along Scenic Highway, this 9-unit property sits on just over one acre with beautiful waterfront views and strong income potential. Utilities are currently paid by ownership and include two electric meters, one water meter, and one gas meter, with the ability to add up to seven additional electric meters, creating significant potential to increase value by separately metering units in the future. The spacious parcel and desirable waterfront setting add long-term appeal for both tenants and investors.Located in a convenient Central Florida location with easy access to surrounding communities, this property presents a compelling opportunity to expand or enhance an existing multifamily portfolio.Seller financing available with approximately 25% down, offering additional flexibility for qualified buyers.
Property Highlights
Property Type: Commercial - Multiple
Cooling: Wall/Window Unit(s)
Lot Size: 1.32 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $14,861
Year Built: 1947
General Information
County: Polk
Subdivision: FLA HIGHLANDS CO
Listed By:
Tony Acosta
CENTURY 21 MYERS REALTY
863-875-5656
MLS ID: L4960256
Property Features
Building: Bathrooms, Dumpsters, Kitchen Facility
Directions: Driving east on US-17 N/US-92 E/E Alfred Dr, use the right lane to merge onto US-27 S via the ramp to Lake Wales. Turn left onto Frederick Ave. Turn right onto Center St. Turn left onto E Main St. Continue onto Lake Marie Blvd. Destination will be on the
Exterior: Concrete
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, Owner Financing
Lot: Oversized Lot, Paved
Lot Dimensions: 1.32
Ownership: Sole Proprietor
Parking: Parking Spaces - 6 to 12
Parking Notes: Parking Spaces - 6 to 12
Property Attached Y/N: No
Property Sub-Type: Multi-Family 5+
Road Frontage: 63
Sewer: Public Sewer
Showing Instructions: Call Before Showing, Call Listing Agent
Special Sale Provisions: None
Vegetation: Trees/Landscaped
Water: Public
Water Access Y/N: No
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1210 State Road 17 S , Dundee, FL 33838.
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