409 Martin Luther King Boulevard NeWinter Haven, FL 33881MLS Number P4926638

  • Price: $349,900
  • 75 Days on Market
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Federal 30-year interest rate: 7.31% last updated on Sep 28, 2023
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409 Martin Luther King Boulevard Ne Winter Haven FL 33881409 Martin Luther King Boulevard Ne Winter Haven FL 33881409 Martin Luther King Boulevard Ne Winter Haven FL 33881
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  • 0.22Acreage
  • 1960Year Built
  • 960Square Feet
Investment Opportunity! Recently renovated Florence Villa restaurant building with current lease tenant. Frontage on MLK Blvd, in a heavily residential area and just about one mile from 8th St NW. Sale includes the building and lot next door. With the C-3 zoning district there are numerous opportunities for future development and expansion. Potential expansion uses could be a small multi family unit, child care facility, assisted living, office, bake shop, convenience store, restaurant, and retail. Current monthly rent is $1,800/ month with a scheduled increase next year for $2,500/ month. Property Highlights include an updated roof in 2020, updated electrical in 2023, New drop ceiling, Natural Gas in progress, New Fences on the Property, Sewer Connection, City Water, and Central air.
Listing Courtesy of KELLER WILLIAMS REALTY SMART 1

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More Info

Location Information

  • Road Frontage["City Street"]

Basic Information

  • Property SubTypeRestaurant

Building

  • Building Area Source Public Records
  • Garage Spaces
  • Year Built1960

Property Information

  • Acreage0.22
  • Construction Materials Block
  • Lot Size Square Feet 4,896
  • MFR Total Acreage 0 to less than 1/4
  • Number Of Lots 2
  • Square Feet960

Basic Information

  • List Price$349,900
  • MLS NumberP4926638
  • Mls Status Active
  • StatusACT

Property

  • Living Area 960
  • ZoningBR

Utilities

  • Cooling Central Air

Water Body

  • MFR Water Access YN No
  • MFR Water View YN No

Legal

  • Listing Agreement Exclusive Right To Sell
  • Parcel Number 26-28-16-538100-001820
  • Tax Legal Description EULA VISTA SUB UNIT 2 PB 38 PG 4 LOTS 182 LESS S 8 FT & W 5 FT OF 181

Tax Information

  • Tax Year 2022
  • Taxes$353

Location

  • Address409 Martin Luther King Boulevard Ne
  • AreaWinter Haven / Florence Villa
  • Building Number409
  • CountyPolk
  • StateFL
  • StreetMartin Luther King
  • SubdivisionEula Vista Sub
  • TownWinter Haven
  • Township 28
  • Zip33881

Other

  • Date Listed07/21/2023
  • MFR Flood Zone Code X
  • MFR Flood Zone Date 2016-12-22
  • View Count2
Fusilier Realty Group

Your Local Office

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Fusilier Realty Group
Office: 407-281-8455
10016 Wellness Way
Orlando, FL 32832

Based on information submitted to StellarMLS as of October 3, 2023 . All data is obtained from various sources and has not been, and will not be, verified by broker or StellarMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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