$330,000
$420,000
21.4%For more information regarding the value of a property, please contact us for a free consultation.
3,352 SqFt
SOLD DATE : 10/07/2026
Key Details
Sold Price $330,000
Property Type Commercial
Sub Type Multi-Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 3,352 sqft
Price per Sqft $98
Subdivision Dundee
MLS Listing ID P4938541
Sold Date 10/07/26
HOA Y/N No
Year Built 1946
Annual Tax Amount $5,889
Lot Size 9,147 Sqft
Acres 0.21
Property Sub-Type Multi-Family 5+
Source Stellar MLS
Property Description
Fully occupied multifamily investment opportunity on an oversized corner lot with excellent visibility. This two-story apartment building features five units, each with its own electric meter. Each unit offers a one-bedroom, one-bath layout plus a bonus room that could function as a second bedroom, along with a kitchen and living area. Units are equipped with window A/C units.
Tenants pay their own electric, while rent currently includes water and trash. The property is on city water with a septic system approximately 10 years old. Current gross annual income is $51,000, with strong potential for increased returns through renovations and rent adjustments.
Additional features include a storage area that could be converted into a shared laundry facility, adding further value and convenience for tenants. Ideal for investors looking to add value and maximize income potential.
View a video and navigate a 360 degree interactive virtual tour with zoom in and out capabilities to see how close Downtown Dundee is.
Location
State FL
County Polk
Community Dundee
Area 33838 - Dundee
Zoning R-1A
Interior
Heating Electric
Cooling Wall/Window Unit(s)
Appliance Refrigerator
Exterior
Utilities Available Electricity Available, Water Connected
View Y/N No
Water Access No
Roof Type Shingle
Exposure North
Building
Entry Level Two
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Septic Tank
Water Public
Structure Type Block
New Construction false
Others
Ownership Fee Simple
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
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© 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with Debbie Bradbury REAL ESTATE BROKERS USA, INC.
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