Under contract-accepting backup offers. Great Investment property with 10 units in a gated community in Winter Haven convenient to Lakeland, Bartow, the Polk Parkway and I-4 with a history of consistent rental income and the potential to increase monthly revenue between $100-250 a unit. New roofs on both buildings in Dec 2021, Exterior painted in 2021, new A/C's in 5 units since 2017, washer and dryer connections and screened in patios in every unit all on a large 1.15 acre property with lake views of Lake Sears on the back units. Grocery stores, pharmacy's and restaurants all nearby and only minutes from the heart of Downtown Winter Haven and Lakeland. GREAT INVESTMENT FOR A BUYERS 1031 EXCHANGE.

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Location Information

Road Frontage["County Road"]

Basic Information

Property SubTypeMulti-Family
Virtual TourView Tour

Property

Living Area 9724
ZoningC-3

Interior

Flooring Carpet, Ceramic Tile, Laminate, Vinyl

Utilities

Cooling Central Air
Heating Central, Electric, Exhaust Fan
Sewer Septic Tank
Utilities Electricity Available, Phone Available, Public, Water Connected
Water Source See Remarks

Legal

Disclosures Seller Property Disclosure
Listing Agreement Exclusive Right To Sell
MFR Annual Expenses $38,203
MFR Contract Status Inspections
Parcel Number 25-28-25-354200-001400
Tax Legal Description JAN PHYL VILLAGE UNIT 1 PB 36 PG 28 39 ACREAGE LOT C S 80 FT OF N 100 FT & N 20 FT OF E 390 FT LESS R/W FOR SR 540 AS DESC IN OR 3690-2107

Basic Information

List Price$1,600,000
MLS NumberP4932740
Mls Status Pending
StatusPEN

Building

Building Area Source Public Records
Levels Two
RoofShingle
Units10
Window Features Aluminum Frames, Blinds
Year Built1985

Property Information

Acreage1.15
Construction Materials Block, Concrete, Stucco, Vinyl Siding, Wood Frame
Lot DescriptionOversized Lot, Sidewalk, Paved
Lot Size Dimensions 88 X 540
Lot Size Square Feet 50,251
MFR Total Acreage 1 to less than 2
Square Feet11,192

Other

Date Listed11/19/2024
Gross Scheduled Income $142,140
MFR Annual Income Type Actual
MFR Flood Zone Code X
MFR Flood Zone Date 2016-12-22
Security Features Security Gate, Smoke Detector(s)

Tax Information

Tax Year 2024
Taxes$9,458

Location

Address1050 Spirit Lake Road
AreaWinter Haven/Eloise/JPV/Wahnetta
Building Number1050
CountyPolk
StateFL
StreetSpirit Lake Road
SubdivisionJan Phyl Village
TownWinter Haven
Township 28
Zip33880

Amenities

Appliances IncludedDishwasher, Refrigerator
Community Features Sidewalks
Other AmenitiesWater View
PetsNo

Water Body

MFR Water Access YN No
MFR Water View YN Yes
Water Body Name LAKE SEARS
Water ViewLake

Based on information submitted to StellarMLS as of December 4, 2024 . 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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1050 Spirit Lake RoadWinter Haven, FL 33880MLS Number P4932740

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