$999,997
For Sale

1210 STATE ROAD 17 S

Dundee, FL 33838
9 beds | 1.32 acres | #TB8323845
Browse 13 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

Lake Josephine Apartments is, a nine-unit multifamily property located in the City of Dundee, Polk County, Florida. Built in 1947, this property offers a rare opportunity to own a waterfront multifamily property situated directly in front of Lake Josephine.
Constructed from concrete block and featuring a pitched shingle roof, Lake Josephine Apartments a diverse unit mix to accommodate a variety of tenant needs, including three studio units, three one-bedroom, one-bathroom units, and three two-bedroom, one-bathroom units. Both electricity and water utilities are covered by the landlord, with water being provided by the city.
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.

  • Property Details
      • Utility FeaturesElectricity Connected, Sewer Connected, Water Connected
      • SubdivisionFLA HIGHLANDS CO SUB
      • Property TypeMulti-Family
      • Property SubtypeMulti-Family
      • Sewer InformationSeptic Tank
      • MLS #TB8323845
      • MLS #TB8323845
      • Original List Price$999,997
      • InteriorNinguno
      • Exterior MaterialsBalcony
      • Taxes Annual$12,283
      • Utility SourcePublic
      • Cost999997
      • Acres1.32
      • Year Built1947
      • FoundationSlab
      • CountyPolk
      • Days on Market (Cumulative)42
      • Bedrooms9

Location

Carolyn ChristianReal Estate Group
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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