Price Reduction - Waterfront
Address
2850 Lake Alfred ROAD, WINTER HAVEN, FL
Price
$ 665,000
Property Attributes
  • MLS#A4607045
  • TypeIncome
  • CountyPOLK
  • CityWINTER HAVEN
  • AreaWinter Haven - Florence Villa
  • NeighborhoodIda Lake Sub
  • Zip33881
  • StyleMulti Family
  • Year Built1952
  • Taxes$ 4954
  • Price$ 665,000
  • Bedrooms3
  • Full Bathrooms7
  • Half Bathrooms0
  • Sqr Footage2350
  • Lot Size0.47 Acres
Data Source:
Stellar MLS
Property Description

*** BACK ON THE MARKET after previous deal fell through... Lender Declined Buyer's Loan (Buyer Related Issue) within Days of Closing. Appraisal Came Back Satisfactory & Near Current List Price...previous deal was past Due Diligence & Financing Contingency. All Due Diligence Items Available for Review, Including, Appraisal, Inspection Report, T12, Rent Roll, Interior Photos of Each Unit & More, After Executing Electronic CA on Property Website. To Access go to MultifamilyFirm.com. Welcome to the Lakeshore Gardens Apartments, a 7-unit apartment community in Winter Haven, Florida. Consisting of 7-units in 2 buildings on 1 parcel totaling 0.47 acres, the property has undergone extensive capital improvements, including, all new, metal roofs, septic tanks, lift stations, drain field, and fully updated interior in all units. A turn-key asset providing near maintenance-free cash flow, the property also features a sizable garage storage area to add coin-operated laundry units and abundant area for common area amenities. For full details & financial information, please view the property "Offering Memorandum", which can be accessed at MultifamilyFirm.com

Price History
4/13/2024 Listed $679,000
6/6/2024 3% - $665,000

General Features

Interior Features Open Floorplan
Sewer Septic Tank
Heating Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Utilities Electricity Connected,Water Connected
Roof Metal
Exterior Features Fenced,Lighting
Construction Materials Concrete,Wood Frame
Year Built 1952
Levels One
Property SubType Multi Family
Tax Year 2023
Percent Ownership Fee Simple
Gross Income 73320
Waterfront Features Lake
County Polk
New Construction No
Property Type Residential Income
HOA / Comm Assn No
Subdivision Name IDA LAKE SUB
Garage Y/N No
Status Active
Directions From the North: Take I-4 E toward Orlando. Merge onto US-27 S via exit 55 toward Haines City. Continue south on US-27 for approximately 10 miles. Turn left onto Dundee Rd/FL-542. Continue on Dundee R
ModificationTimestamp 2024-06-13T16:39:45.680Z
City WINTER HAVEN
Buyer Agent Compensation 2%
Disclosures None
View Y/N No
Senior Community Y/N No
NumberOfUnitsTotal 7
MLS Area 33881 - Winter Haven / Florence Villa
Lot Size Units Square Feet
Lot Size Square Feet 20343
Waterfront Y/N Yes
Carport Y/N No
Land Lease Y/N No
Tax Annual Amount 4954
Ok to Lease 12 Months
Additional Parcels Y/N No
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4607045
Days on Market 29
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Tax Lot 7
Virtual Tour https://multifamilyfirm.com/our-available-properties/?propertyId=2850-Lake-Alfred-Rd-Winter-Haven-FL-33881
Total Actual Rent 6110
Legal Description IDA LAKE SUB PB 6 PG 10 IN S8/17 T28 R26 BLK F LOTS 7 8 & BEG NE COR OF LOT 7 RUN SELY 236 FT SWLY 50 FT NWLY 251 FT NELY TO BEG
Water View Lake
Water Access Type Lake
Water Access Y/N Yes
Water View Y/N Yes
Flood Zone Code X

Interior Features

Flooring Luxury Vinyl,Tile,Vinyl
Furnished Y/N Unfurnished
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Laundry Features None
Total Bedrooms 3
LivingAreaSource Owner
Total Baths 7

Exterior Features

Parking Features Open
Water Source Public
Lot Size Area 20343
Foundation Details Slab
Number of Buildings 2
Building Area Total 2555
Lot Dimensions 50 x 400
Lot Size Acres 0.47
Road Surface Type Gravel
Number of Lots 1
Open Parking Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 33881

Price
AVG $590K
$670K
Taxes
AVG $2,408
$4,954
Visits
AVG 340
295
Data Provided by Inside Real Estate®
Year Built
AVG 1962
1952

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