1210 STATE 17 ROAD S at

1210 STATE 17 ROAD S

For sale Days on market 84

$849,000

$224/sq ft

$50,000
Price Decreased

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Overview

Bedroom

Year Built

1947

Sqft

3792

Property Type

Quadruplex

Property Description

The Apartment Brokers present Lake Josephine Apartments a 9-unit waterfront multifamily asset sitting directly on the shoreline in Dundee, FL.? A rare lakefront offering.? The property has a balanced unit mix of three studios, three 1BR/1BA, and three 2BR/1BA units across 3,792 SF of concrete block construction on a 1.32-acre lot.? In-place rents currently sit below market on multiple units, leaving a clear path to grow returns further without renovation risk. With the landlord covering electric, water, sewer, and trash, operations are simple and tenant turnover is straightforward 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. *DISCLAIMER: ONE UNIT IS NON-CONFORMING*

Property Details

MLS#

TB8514488

Address

1210 STATE 17

City

DUNDEE

State/county

Zip/Postal Code

33838

Area

Fla Highlands Co Sub

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$14,861

Maint Fee

$--

Tax Year

2025

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