Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Ductless

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Frame

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Features

    Corner Lot

  • Lot Size(acres)

    0.31

  • Property Type

    Commercial Sale

  • Property Sub Type

    Mixed Use

Price

  • Sales Price

    $1,166,000

  • Tax Amount

    6513.0

  • Sq. Footage

    4, 134

  • Price/SqFt

    $282

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Ownership

    Other

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Polk

Elementary School

Middle School

High School

Listing Courtesy of Katie Patterson , COMPASS FLORIDA LLC

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** Prime Investment Opportunity – 8 Units + Portfolio Option ** Introducing a fully renovated 8-unit income-producing property located on a large corner lot in Eagle Lake. The property consists of 7 apartment units and 1 detached single-family home, offering versatile rental options for steady cash flow. Built with a combination of concrete block and wood frame, this property underwent a complete renovation with a NEW roof in 2022, all new electrical, all new plumbing (CPVC & PEX), luxury vinyl plank (LVP) flooring, new appliances, countertops, tankless 30-gallon water heaters, and fresh interior/exterior paint. Every system and finish has been modernized to minimize maintenance and maximize return. This property has a proven rental history, leasing quickly due to its quality updates and prime location. Investors will also appreciate the opportunity to purchase it as part of a larger portfolio consisting of three additional single-family homes, totaling 11 units across 4 parcels.
With rents in Eagle Lake increasing over 300 p ercent in the last decade and the current average rent hovering around $2,000, this property presents a rare chance to secure a total $100,000 NOI at a 6.25 cap rate for 11 units. Other properties included in the optional portfolio: 52nd N 4th St (adjacent to subject property), 650 N 8th St, and 652 N Jackson St. Don’t miss this exceptional opportunity to expand or establish your rental portfolio in one of Central Florida’s fastest-growing rental markets.

19 W EAGLE AVENUE

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