$1,500,000
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1050 SPIRIT LAKE RD Winter Haven, FL 33880
9,724 SqFt
Key Details
Sold Price $1,500,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 9,724 sqft
Price per Sqft $154
Subdivision Jan Phyl Village
MLS Listing ID P4932740
Sold Date 12/16/24
HOA Y/N No
Originating Board Stellar MLS
Year Built 1985
Annual Tax Amount $9,458
Lot Size 1.150 Acres
Acres 1.15
Lot Dimensions 88 X 540
Property Description
Great Investment property with 10 units in a gated community in Winter Haven convenient to Lakeland, Bartow, the Polk Parkway and I-4 with a history of consistent rental income and the potential to increase monthly revenue between $100-250 a unit. New roofs on both buildings in Dec 2021, Exterior painted in 2021, new A/C's in 5 units since 2017, washer and dryer connections and screened in patios in every unit all on a large 1.15 acre property with lake views of Lake Sears on the back units. Grocery stores, pharmacy's and restaurants all nearby and only minutes from the heart of Downtown Winter Haven and Lakeland. GREAT INVESTMENT FOR A BUYERS 1031 EXCHANGE.
Location
State FL
County Polk
Community Jan Phyl Village
Zoning C-3
Interior
Heating Central, Electric, Exhaust Fan
Cooling Central Air
Flooring Carpet, Ceramic Tile, Laminate, Vinyl
Appliance Dishwasher, Refrigerator
Exterior
Community Features Sidewalks
Utilities Available Electricity Available, Phone Available, Public, Water Connected
View Y/N 1
Roof Type Shingle
Building
Lot Description Oversized Lot, Sidewalk, Paved
Entry Level Two
Foundation Slab
Lot Size Range 1 to less than 2
Sewer Septic Tank
Water See Remarks
Structure Type Block,Concrete,Stucco,Vinyl Siding,Wood Frame
New Construction false
Others
Pets Allowed No
Ownership Corporation
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with LPT REALTY