Active

$499,000

Features:
  • 4 Bedrooms
  • 4 Bathrooms
  • 3264 sq ft
Overview
  • ID: MFRK4903026
  • Bedrooms: 4
  • Bathrooms: 4
  • Size: 3264 sq ft
Property Details
Remarks
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!
Financial Considerations
Price:
$499,000
HOA Fee:
347
Tax Amount:
$4432.77
Price per SqFt:
$152.88
Tax 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
Exterior Features
Lot Size:
19249
Lot Features:
Near Golf Course, Near Marina
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
4
Bathrooms:
4
Heating:
Ductless
Cooling:
Ductless, Wall/Window Unit(s)
Appliances:
Range, Refrigerator
Furnished:
No
Floor:
N/A
Levels:
Two
Additional Features
Property Sub Type:
Quadruplex
Style:
N/A
Year Built:
1959
Construction Type:
Concrete
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
Outbuildings, Lighting, Other, Storage
Additional Features 2:
N/A
Map
  • Address
    6900 MIAMI DR
Contact a Professional
Why Choose Us?
  • Communication and Transparency
  • Skilled Negotiation
  • Robust Professional Network
  • After-Sale Support
Featured Properties

Related Properties

avt
Daniel Dourado
$ 259,000
avt
Daniel Dourado
$ 535,000
avt
Daniel Dourado
$ 1,320,000
avt
Daniel Dourado
$ 1,300,000
avt
Daniel Dourado
$ 895,000
avt
Daniel Dourado
$ 550,000
avt
Daniel Dourado
$ 899,990
avt
Daniel Dourado
$ 575,000
avt
Daniel Dourado
$ 1,280,000
avt
Daniel Dourado
$ 1,650,000
avt
Daniel Dourado
$ 925,000
avt
Daniel Dourado
$ 949,500