Active

$999,997

Features:
  • 9 Bedrooms
  • 9 Bathrooms
  • 3792 sq ft
Overview
  • ID: MFRTB8323845
  • Bedrooms: 9
  • Bathrooms: 9
  • Size: 3792 sq ft
Property Details
Remarks
Lake Josephine Apartments is, a nine-unit multifamily property located in the City of Dundee, Polk County, Florida. Built in 1947, this property offers a rare opportunity to own a waterfront multifamily property situated directly in front of Lake Josephine. Constructed from concrete block and featuring a pitched shingle roof, Lake Josephine Apartments a diverse unit mix to accommodate a variety of tenant needs, including three studio units, three one-bedroom, one-bathroom units, and three two-bedroom, one-bathroom units. Both electricity and water utilities are covered by the landlord, with water being provided by the city. This property’s unique waterfront location enhances its appeal, offering tenants a serene living environment while also providing significant potential for investors looking to capitalize on the property’s natural setting and strong rental demand in Dundee. Lake Josephine Apartments combines solid construction, a diverse unit mix, and an unbeatable lakeside location, making it an exceptional investment opportunity in the heart of Polk County.
Financial Considerations
Price:
$999,997
HOA Fee:
N/A
Tax Amount:
$12283.18
Price per SqFt:
$263.71
Tax Legal Description:
FLA HIGHLANDS CO SUB OR LAKE JOSEPHINE VILLA LOTS PB 1 PG 87 LOTS 5 & 6 PART DES AS COMM SE COR LOT 6 RUN N 17 DEG 30 MIN 04 SEC W 130 FT S 72 DEG 25 MIN 43 SEC W 228.25 FT FOR POB RUN S 72 DEG 25 MIN 43 SEC W 246.34 FT N 01 DEG 37 MIN 51 SEC W 75.4 FT N 06 DEG 33 MIN 10 SEC W 133.81 FT N 63 DEG 18 MIN 04 SEC E 201.42 FT TO R/W SELY ALONG R/W 63.96 FT S 03 DEG 22 MIN 20 SEC E 228.36 FT TO POB
Exterior Features
Lot Size:
57521
Lot Features:
N/A
Waterfront:
Yes
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
9
Bathrooms:
9
Heating:
Wall Units / Window Unit
Cooling:
Wall/Window Unit(s)
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Multi-Family
Style:
N/A
Year Built:
1947
Construction Type:
Concrete
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Balcony
Additional Features 2:
N/A
Map
  • Address
    1210 STATE ROAD 17 S
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