$ 1,500,000
Property Attributes
  • MLS#P4913745
  • TypeCommercial
  • CountyPOLK
  • CityWinter Haven
  • AreaWinter Haven - Florence Villa
  • NeighborhoodSilver Lake Add
  • Zip33881
  • StyleMulti-Family
  • Year Built1977
  • Taxes10371
  • Price$ 1,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage11212
  • Lot Size1.52 Acres
Listing Provided Courtesy Of:
Property Description

Great opportunity to own this lake front income producing property with future development opportunities. Great cash flowing property in Winter Haven FL 33881. Fully rented, great opportunity to earn income immediately. Good rental area, easy and fast to rent. Long-term tenants and have a history of on-time payment. 12 Total 2 story apartment units consisting of two buildings. 2 Bedrooms and 1.5 Bathrooms each measuring approx. 935 sqft. with screened private patio or balcony. Plenty of parking plus attached storage building with a great view of Lake Silver. Chain link & picket fencing surround entire property. 2020 - Both buildings have been updated with many upgrades: New roofing throughout property, 950-Yr. Limited Warranty - Architectural Shingles. New exterior Hardee Board and paint. Situated on 1.52 acre lot with additional .16 acre lakefront lot. Attractive front entrance with potential to add additional 15 units. All units are well maintained – most have tile flooring, includes central A/C and washer/dryer hookups. Each unit is separately metered and billed for electricity and water. Owner pays fixed operating expenses. Located next to WH Police Dept, few steps from Lake Silver Park, public bus stop, schools, groceries stores, restaurants & much more. Beautiful waterfront property is a must for any investor portfolio. Call today for a private showing. 24-hour notice required.

Price History
12/16/2020 Listed $1,500,000

General Features

Additional Parcels Y/N Yes
Building Features Bathrooms, Common Lighting, Dumpsters, Kitchen Facility, Outside Storage
Business Type Commercial, Mixed, Retail
Construction Materials Block
Cooling Central Air
Flooring Carpet, Ceramic Tile
Heating Central
MLS Area 33881 - Winter Haven / Florence Villa
Parking Features Over 30 Spaces
Property SubType Multi-Family
Property Type Commercial
Roof Shingle
Sewer Public Sewer
Special Listing Conditions None
Status Active
Subdivision Name SILVER LAKE ADD
Terms Cash, Conventional
Total Num Buildings 2
Total Units 12
Township 28
Utilities Electricity Available, Phone Available, Public, Water Connected
Water Access Type Lake
Water Access Y/N Yes
Water Body Name LAKE SILVER
Waterfront Features Lake
Year Built 1977

Interior Features

Ceiling Type Drywall
Living Area 11212.00

Exterior Features

Building Area Total 11828.00
Foundation Details Slab
Lot Dimensions 257x261
Lot Features In City Limits, Oversized Lot, Sidewalk, Street Lights, Street Paved
Lot Size Acres 1.52
Lot Size Square Feet 66211
Number of Lots 2
Road Frontage Type Main Throrughfare
Vegetation Mature Landscaping, Oak Trees, Trees/Landscaped
Water Extras Skiing Allowed
Water Extras Yn Yes
Water Frontage Feet Lake 250
Water View Lake
Water View Y/N Yes
Waterfront Feet Total 250
Waterfront Y/N Yes


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 33881

AVG $500K
AVG $4,763
AVG 74
Year Built
AVG 1968
AVG 42
Data Provided by Walkscore ® not using MLS data

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