1050 SPIRIT LAKE RD

Winter Haven,FL 33880

$ 1500000

$ 1600000 6.2%

18 Beds

18 Baths

9724 SqFt


Key Details

Sold Price $1,500,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 9,724 sqft

Price per Sqft $154

Subdivision Jan Phyl Village

MLS Listing ID P4932710

Sold Date

Bedrooms 18

Construction Status Inspections

HOA Y/N No

Originating Board Stellar MLS

Year Built 1985

Annual Tax Amount $9,458

Lot Size 1.150 Acres

Acres 1.15

Lot Dimensions 88 X 540

Property Description

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.

Location

State FL

County Polk

Community Jan Phyl Village

Zoning C-3

Interior

Interior Features Ceiling Fans(s),Eat-in Kitchen,Living Room/Dining Room Combo,PrimaryBedroom Upstairs,Walk-In Closet(s),Window Treatments

Heating Central,Electric,Exhaust Fan

Cooling Central Air

Flooring Carpet,Ceramic Tile,Laminate,Vinyl

Furnishings Unfurnished

Fireplace false

Appliance Dishwasher,Electric Water Heater,Range,Refrigerator

Laundry Electric Dryer Hookup,Laundry Room,Washer Hookup

Exterior

Exterior Feature Fence,Irrigation System,Lighting,Sidewalk,Sliding Doors

Parking Features Assigned,Guest,Off Street

Community Features Gated Community - No Guard,Sidewalks

Utilities Available BB/HS Internet Available,Cable Available,Electricity Available,Phone Available,Public,Street Lights,Water Connected

View Y/N 1

View Trees/Woods,Water

Roof Type Shingle

Porch Rear Porch,Screened

Garage false

Private Pool No

Building

Lot Description In County,Oversized Lot,Sidewalk,Paved

Entry Level Two

Foundation Slab

Lot Size Range 1 to less than 2

Sewer Septic Tank

Water See Remarks

Structure Type Block,Concrete,Stucco,Vinyl Siding,Wood Frame

New Construction false

Construction Status Inspections

Schools

Elementary Schools Inwood Elem

Middle Schools Westwood Middle

High Schools Lake Region High

Others

Pets Allowed No

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition None

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