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… Read More 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! Read Less
Courtesy of LEGACY REAL ESTATE CENTER INC 863-676-0200
Listing Snapshot
Days Online
24
Last Updated
Property Type
Quadruplex
Square Ft.
3,264
Lot Size
0.44 Acres
Year Built
1959
MLS Number
K4903026
Additional Details
Property Access
Road Surface: Asphalt
Appliances & Equipment
Range, Refrigerator
Building
Built in 1959, Living area: 3264, Living area units: Square Feet, Levels: Two, Construction Materials: Concrete
Community
Clubhouse, Fitness Center, Golf Carts OK, Golf, Park, Restaurant, Tennis Court(s)
Cooling
Ductless, Wall/Window Unit(s)
Exterior Features
Outbuildings, Lighting, Storage
Foundation
Slab
Heating
Ductless
Home Owner's Association
Association Fee: $347, Fee Frequency: Annually
Income
Gross Income: $52,200
Interior Features
Ceiling Fans(s)
Laundry
Laundry Room
Lot
0.44 acres, Near Golf Course, Near Marina
Pets Policy
Allowed: Yes
Property
Completed, Other structures: Shed(s), Storage
Roof
Shingle
Sewer
Septic Tank
Taxes
Additional parcels description:, Parcel Number: 30-31-04-994100-031807, Public Survey Range: 30, Public Survey Section: 04, Annual Amount: $4,432.77, Tax Block: 318, Tax Book Number: 40-14, Legal Description: INDIAN LAKE ESTS UNIT 10 SEC 4/9 31 30 PB 40 PG 14 BLK 318 LOT 1 THAT PART DESC AS BEG AT MOST NLY COR RUN S 44 DEG 10 MIN 35 SEC E 198.05 FT S 76 DEG 37 MIN 40 SEC W 137.83 FT N 43 DEG 50 MIN 50 SEC W 127.47 FT N 45 DEG 49 MIN 25 SEC E 117.65 FT TO POB, Lot: 1, Year: 2024
Tenant Pays
Electricity
Utilities
BB/HS Internet Available, Cable Available, Electricity Connected, Water Connected, Water Source: Public, 4 separate electric meters
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Listings courtesy of Stellar MLS as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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