$499,000

$153/sq ft

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Overview

Bedroom

4

Year Built

1959

Sqft

3264

Property Type

Quadruplex

Property Description

Under contract-accepting backup offers. 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!

Property Details

MLS#

K4903026

Address

6900 MIAMI

City

INDIAN LAKE ESTATES

State/county

FL

Zip/Postal Code

33855

Area

Indian Lake Estates Unit 10

Country

United States

HOA

Yes

Assoc Fee

$347

Assoc Fee Pd

Annually

Tax Amount

$6,109

Maint Fee

$--

Tax Year

2025

Range

Refrigerator

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Boris Gelfand