Winter Haven Income Investment Opportunity with potential for growth, expansion, rent increase, and even redevelopment.Â
This 1.98+/- acre property consists of 9 fully rented single family homes with an onsite caretaker. Each unit consists of 667+/- Sq Ft to 768 +/- Sq ft with 2 beds 1 bath.Â
R-3 Zoning allows for a maximum of 10 units per 1 acre meaning there is potential for 19 units on this 1.98+/- Acre plot of land. The new owner could also have the option of building up to four stories, building larger units, and even an apartment complex.Â
Across the street from Lake Maude, some tenants here can enjoy a lake view, a quick trip to Lake Maude Recreation Park, or even a delicious meal at Big Daddy's BBQ.Â
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All uses, zoning, and development plans to be verified by the county by buyer.Â
DO NOT DISTURB TENANTS.
The income description goes here to explain
List Price | $1,200,000 |
Property Type | Other |
Usable Sqft | 6,511 |
Number of Stories | 0 stories |
Parking Spots | 0 spots |
Year Built | 1970 |
Last Sold | Unknown |
Sold Price | Unknown |
APN # | 262816000000044220 |
MLS # | P4929989 |
Property ID | 320373175 |
Lot Sqft | 86,183 |
Zoning | R-1 |
Days on Market | 228 |
Original List Price | $1,200,000 |
Date Updated | April 11, 2024 |
Date Created | April 10, 2024 |
Financials not available online. Please inquire with your agent for more details.
David Reyes an agent of . Lic #679127
© 2024 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of April 11, 2024 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
2708 Wilshire Blvd #197
Santa Monica, CA 90403
California ## 01956587
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT