$875,000
$950,000
7.9%For more information regarding the value of a property, please contact us for a free consultation.
7,814 SqFt
SOLD DATE : 01/06/2025
Key Details
Sold Price $875,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 7,814 sqft
Price per Sqft $111
Subdivision Spirit Lake Estates
MLS Listing ID P4932273
Sold Date 01/06/25
Construction Status Financing,Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 1965
Annual Tax Amount $1,390
Lot Size 2.340 Acres
Acres 2.34
Lot Dimensions 367 x 292
Property Description
Spirit Lake Estates – Prime Multifamily Investment Opportunity
Welcome to Spirit Lake Estates, a premier multifamily investment property located at the highly sought-after intersection of Spirit Lake Road and Bernie Hill Court in Winter Haven, Florida. This expansive property spans 2.38 acres, offering ample space and a peaceful setting for both residents and investors alike.
The estate features nine rentable units, each designed to provide comfortable and practical living spaces, making this an ideal opportunity for those looking to expand their real estate portfolio. With a solid foundation for generating consistent rental income, Spirit Lake Estates offers great potential for long-term returns.
Situated in a rapidly growing area, this property provides easy access to local amenities, shopping centers, and major roadways, ensuring high demand for rental units. Whether you're an experienced investor or someone seeking to enter the multifamily real estate market, Spirit Lake Estates presents a unique opportunity for growth and profitability.
Key Features:
• 9 rentable units
• 2.38 acres of prime land
• Conveniently located at the intersection of Spirit Lake Road & Bernie Hill Court, Winter Haven, FL
• Close to shopping, dining, and major transportation routes
• Strong rental income potential and future value appreciation
Invest in Spirit Lake Estates today and secure a property that offers both immediate returns and long-term growth in the heart of Winter Haven!
Location
State FL
County Polk
Community Spirit Lake Estates
Zoning RL-4
Interior
Cooling Central Air
Exterior
Parking Features Parking Spaces - 13 to 18
Building
Foundation Crawlspace
Lot Size Range 2 to less than 5
Structure Type Metal Siding
New Construction false
Construction Status Financing,Inspections
Others
Ownership Sole Proprietor
Special Listing Condition None
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