Polk County Investment Properties

Lockhart & Smiths Resub SubDv. ⋅ 33844 Zip Code

Check out this fully rented concrete block duplex built in 1984 with 2 bedrooms & 1 bathroom on each side. One unit was completely REMODELED in 2022 with ceramic tile flooring added. The other unit has a long term tenant. Total monthly rent is $ 1800 with a solid tenant base. Here is something you don't see too often, tenants pay ALL the utilities. So whether you are an experienced investor wanting to add to your portfolio, a novice just starting out or a young couple wanting a home with a built in income stream; this duplex is a good opportunity. Also easily added to a 1031 exchange at year end. Don't miss out on this opportunity.

Haines City

$499,000

6 Beds ⋅ Scenic Heights SubDv. ⋅ 33838 Zip Code

Don’t miss this hard to find duplex with NO HOA Fee. Each unit has 3 bedrooms and 2 baths Fully rented.Tenants pay for electricity and water. Property was built in 2008 and features ceramic tile throughout, for easy cleanup, Walk-in closets in Master Bedrooms, Jacuzzi tub in Master Baths, large Living Room Dining Room combo with sliding doors, leads to covered patios. There are Large closets in other bedrooms as well. The kitchen includes a pantry and double doors to the laundry area with washer/dryer hookup. There are 6 inch vinyl seamless gutters, installed in June 2017. New air handler installed in unit 620 in December 2017 and New compressor installed in Condenser on 11/17/2023. Located near HWY 27, Home Depot, Walmart and LEGO LAND, with convenient access to I- 4. Property is sold in “As-I”s Condition. Please do not disturb Tenants. Don’t miss this jewel!

618 Citrus Avenue Unit 620, Dundee

$400,000

Lake Wales Land Co Sub SubDv. ⋅ 33853 Zip Code

Introducing 224 C street in the tranquil, fast growing city of Lake Wales. This 4-plex offers a steady and reliable source of income, complete with 4 existing tenants. Each of the 2 bedroom 1 bath units have been COMPLETELY REMODELED within the last few years. Investors will appreciate the immediate cash flow and associated peace of mind. The building offers low maintenance vinyl siding and all tenants pay their own water, sewer, garbage and electricity. Each unit rents for $ 800/month with upward potential for higher rents. But whether an experienced investor looking to expand your portfolio or a novice seeking a reliable investment, this property is a testament to the wisdom of real estate ownership in Lake Wales. Also an excellent addition to any 1031 exchange package. Don't miss this opportunity.

Lake Wales

$450,000

6 Beds ⋅ Bon Air Add SubDv. ⋅ 33805 Zip Code

Great Investment property with an 9.6% cap rate! This duplex is the perfect chance for an investor to enhance their investment portfolio or for someone looking to live on one side and rent the other. Both units feature 3 bedrooms, 2 bathrooms, a living room, a kitchen and a laundry. The property has been completely renovated in 2021 and includes a new roof, new plumbing, new electrical wiring, and new A/C. The home is minutes away from downtown Lakeland which features amazing restaurants and entertainment. The home is also close to Lake Parker with easy access to I-4. Call today to schedule your tour!

1128 N Stella Avenue, Lakeland

$250,000

Greenbriar Ph 01 SubDv. ⋅ 33853 Zip Code

Great opportunity for investment income!

729 Greenleaf Lane, Lake Wales

$539,900

6 Beds ⋅ Sabal Square Estates SubDv. ⋅ 33860 Zip Code

One or more photo(s) has been virtually staged. WOW! Great properties attract great tenants who pay top rents! This is a great property! It is a brand new constriction 2023 Duplex that is designed for easy self management with minimal maintenance for years to come. The property features higher quality finishes than what is included in most new construction single family homes. Both units feature a covered front porch, 9'4" ceilings, luxury vinyl plank through out, plentiful recessed can lighting, designer light fixtures and premium ceiling fans with remotes. The living room has a large picture window and a side entrance door to access the backyard and accommodates an "L" shape sofa setting. The kitchen features 42" white shaker cabinets with top and bottom corner cabinets that have Lazy Susan's. There are deluxe stainless appliances and stunning Quartz countertops. It has a farmhouse sink with premium faucet and an island with breakfast bar. The is a large walk in panty adjacent to the kitchen. The upper cabinets have crown molding and there is stylish backsplash tile that provides the wow effect when you walk in the front door. The hall bath has a large double sink vanity with drawers and a beautiful tiled tub/shower combo. The washer/dryer hookups are in a laundry closet in the hallway. The Master bedroom is an en suite with a walk in closet and slider to the rear patio. The Master Bath has a large single bowl vanity with ample counter space and three large storage drawers. The walk in shower offers the shower valve by the entrance, beautiful tile, and custom glass shower door & enclosure. The garage has an automatic garage door opener with remote and the hot water tank is located in the garage. Each unit has a large rear yard space. Estimated rents are $2,100 per month. Everything is brand new and this property is easy to insure with low new construction insurance rates. The location is convenient to HWY 60 and an easy commute to Brandon, Plant City, Tampa, and Lakeland. Seller is 1031 friendly and fast close is available. For owner occupied buyers this could be the perfect multi generational home or live on one side and rent the other. Units a mirror images of each other. Photos of the right side are featured first. Note: Some exterior photos of the lawn have been digitally enhanced.The duplex is located in a 0% down USDA area for qualified buyers. CONVENTIONAL, FHA, USDA, and VA Financing are welcome. Net income based on Gross Revenue minus estimated taxes and insurance. All dimensions are estimated Buyer/Buyers agent to verify.

3867 Janeen Circle, Mulberry

$229,900

Fla Dev Co Sub SubDv. ⋅ 33844 Zip Code

CASH ONLY SALE: Great home on a big piece of land, almost an acre. The best part is you won't have to worry about any HOA rules here. The septic system was updated about three years ago, the roof is only five years old, and the air conditioner was replaced just two years ago, so you'll be comfortable. Inside, you'll find a comfy living space, and there's a cool shed in the backyard that's been turned into a room you can use for anything you like – maybe a home office, a craft room, or whatever you need. This home is peaceful, and it's easy to get to Highway US 27, parks, and schools. Don't miss out on this charming home – contact us today to see it yourself. And guess what? The camper in the pictures comes with the property!

4055 Park Road, Haines City

$415,000

4 Beds ⋅ Crooked Lake Park Tr 01 SubDv. ⋅ 33853 Zip Code

THIS DUPLEX PLUS LARGE, DETACHED 2 CAR GARAGE/WORKSHOP (832 sf) HAS GREAT RENTAL OPTIONS! The garage is perfect for a property owner looking for more storage space to store their own cars, equipment, or business supplies/materials or company trucks. Or it can be rented to provide additional income to the duplex. Either way there are plenty of options with this property. You will love the floor plan of each duplex which offers a spacious living room with sliding glass door that opens to the front screened lanai. The living room is designed with an open floor plan between the dining room, kitchen and dinette area. This is a unique split bedroom floor plan with the master bedroom having an en-suite bath. The guest bath is conveniently located to the living room and guest bedroom. Each unit is a mirror image of the other and has its own inside utility room with washer/dryer hookups, driveway, carport, outdoor storage/utility room. New roof in October 2023. Each unit has separate meters and tenants pay for their electricity, water and sewer. Great location in Crooked Lake Park and close to Warner & Webber College and Bok Academy where there is a high demand for rentals. No HOA or deed restrictions. Easy access to US Hwy 27.

5010 Wales St, Lake Wales

$350,000

Blount & Whitledge Sub SubDv. ⋅ 33830 Zip Code

Motivated Seller! Duplex has 2 units. 1 is one bedroom with one bathroom and The second one is 2 Bedroom with 1 Bathroom. Roof and HVAC Replaced in 2018, Washer and Dryer Hookup is available. Both Kitchens have updated appliances. Ceramic Tile in Bathrooms and Kitchens, Updated Interior. Laminate in all other areas. A covered Alcove/Breezeway between duplexes. Covered Deck in Back. Nice Quiet Neighbor hood and close to shopping and dining downtown. Yard is Fenced with 2 separate entrances. Don't miss this Great Business opportunity to own a move in ready duplex

290 S Oak Avenue, Bartow

$169,000

Country Club Ests Resub SubDv. ⋅ 33801 Zip Code

Investor's Dream Duplex in the Heart of Lakeland | Welcome to 2411 Weber St, a fantastic Block duplex close to shopping and downtown This prime investment property offers a unique opportunity for savvy investors seeking both immediate returns and long-term appreciation. Extra large lot with new homes being built nearby. The property is not in a flood zone . Some of the demo already completed waiting for finishing touches to be put on this great investment opportunity. The expected rents are $1300 for the 2/1 unit & $900 for the 1/1 unit.

Lakeland

$774,900

52 Beds ⋅ Britts W F Sub SubDv. ⋅ 33830 Zip Code

Exceptional investment opportunity in a great Bartow location! This unique 8 unit multi-family property is an ideal acquisition for savvy investors. This exceptional offering includes two well-maintained duplexes and four single family homes all on a single parcel, each promising stable income and low maintenance. Duplex One: Features two units, each offering a cozy 1 bedroom and 1 bath layout. These units blend comfort with functionality, making them a favorite among singles and couples. Duplex Two: Comprises two spacious units, each with 2 bedrooms and 1 bath. Ideal for small families or roommates, these units offer ample living space. Adjacent to the duplexes are four single-family homes, each featuring 2 bedrooms and 1 bath. Each property has a newer roof that was installed in 2020. The houses were built in 1920 and the duplexes were built in 1950 and 1953; all units are separately metered for utilities and paid for by tenants. Whether you're expanding your portfolio or stepping into the realm of real estate investment, this multi-family offering is an investment that promises both short-term gains and long-term growth.

1105 Polk Street, Bartow

$799,000

5 Beds ⋅ Overstreets Sub SubDv. ⋅ 33880 Zip Code

Prime Downtown Location: These apartments offer the convenience of living in the heart of Winter Haven's bustling downtown. Five completely remodeled one-bedroom apartments with a modern look. Tenants pay all utilities and this property has a TIF reimbursement grant locking in property taxes for many years. Great investment!

212 Avenue F Sw, Winter Haven

$575,000

6 Beds ⋅ Kloos Alma First Add SubDv. ⋅ 33801 Zip Code

East Lake Morton Historic District only steps away from Lake Morton, Library, Polk Museum of Art, Palmetto Street commercial district and Citrus Connection public transportation.

920 922 924 Osceola Street, Lakeland

$525,000

Poinciana Nbrhd 06 Village 07 SubDv. ⋅ 34759 Zip Code

Under Construction. Pre-Construction. To be built. Ready to Grow your Real Estate portfolio with a brand new property? Look no further... This Money Maker is located in the growing area of Poinciana FL. Located just minutes from your local supermarket centers, Poinciana hospital,& the NEW shopping center under construction this Modern Duplex includes unbelievably MODERN finishes and amenities that you will not find anywhere else. Stainless steel appliances, QUARTZ countertops, 2” blinds, 100% LED lighting, tile flooring throughout, energy efficient doors & windows, and an upgraded heating and air system - just to name a few! With rising energy costs, going new is the way to go. With all of these energy efficient products energy bills will lower. The builder strategically does this to showcase luxurious finishing for your tenant, and increase your cash flow potential. Please call for INCENTIVES.

742 Fraser Court, Poinciana

$510,000

Terrace Gardens Sub SubDv. ⋅ 33880 Zip Code

Nearly 100% occupancy for two consecutive years at this 4-unit complex. Great location one block from bustling Cypress Gardens Blvd in Winter Haven, offering you the perfect blend of location, potential, and stability. Newly remodeled in 2020 and a new roof in 2020, there is room to enhance the rent roll, this is a golden opportunity that cannot be missed. All measurements and square footage are approximate and should be verified by the buyer. Great investment opportunity.

1812 3rd Street Se, Winter Haven

$274,000

Skyview Waters SubDv. ⋅ 33801 Zip Code

Investment Opportunity! This duplex has a newer roof (2021) and air conditioners are well maintained. The property has a 2 Bedroom & 2 Bath (1044) and a 2 Bedroom 1 1/2 Bath (1046). Floors are tiled throughout. Each unit has sliding doors to a courtyard. Both units are currently rented.

1044 Captiva Point, Lakeland

$274,000

Skyview Waters SubDv. ⋅ 33801 Zip Code

Investment Opportunity! This duplex has a newer roof (2021) and air conditioners are well maintained. The property has a 2 Bedroom & 2 Bath (1050) and a 2 Bedroom 1 1/2 Bath (1052). Floors are tiled throughout. Each unit has sliding doors to a courtyard. Both units are currently rented.

1050 Captiva Point, Lakeland

$750,000

Terrace Gardens Sub SubDv. ⋅ 33880 Zip Code

Nearly 100% occupancy for two consecutive years at this 6-unit complex. Great location one block from bustling Cypress Gardens Blvd in Winter Haven, offering you the perfect blend of location, potential, and stability. Newly remodeled in 2020 and a new roof in 2020, there is room to enhance the rent roll, this is a golden opportunity that cannot be missed. All measurements and square footage are approximate and should be verified by the buyer. Great investment opportunity.

1802 3rd Court Se, Winter Haven

$259,900

4 Beds ⋅ Secret Cove Sub SubDv. ⋅ 33801 Zip Code

Units are 1001 & 1003 Buccaneer Dr. New bathroom sinks and toilets. Both interiors have recently been painted.

1001 Buccaneer Drive, Lakeland

$650,000

17 Beds ⋅ Lake Bonny Park Sub SubDv. ⋅ 33801 Zip Code

This income producing property consist of a single family home with 2 beds and 1 bath and 9 mobile homes. All tenants in place are under 12 month leases. All major repairs and maintenance have been done.

2329 Denver Street, Lakeland

$625,000

4 Beds ⋅ Indian Lake Estates SubDv. ⋅ 33898 Zip Code

The Twin Palms Apartments is a 4-unit apartment community in Lake Wales, Florida. Consisting of two rock-solid masonry buildings on 1 parcel totaling nearly half an acre, the property features new roofs, large updated units, lush tropical landscaping, and a huge courtyard / BBQ area, lined with new pavers & a pergola. Located in Polk County, the fastest growing County in Florida and 7th fastest in the Nation, the property is an excellent opportunity to acquire a low maintenance multifamily asset that qualifies for residential financing! Property is fully occupied. DO NOT DISTURB TENANTS.

6900 Miami Drive, Lake Wales

$399,000

4 Beds ⋅ Poinciana Nbrhd 02 Village 03 SubDv. ⋅ 34759 Zip Code

The duplex is designed with a clean style, featuring a well-maintained exterior finish. Each side of the duplex has its own private entrance, giving residents a sense of individuality and privacy. The duplex includes two individual garages, one for each side, providing convenient parking. Each unit within the duplex offers 2 bedrooms, making it ideal. The bedrooms are well-proportioned and comfortable, with space for a variety of furnishings. There are 2 bathrooms in each unit, including at least one full bath with a shower/tub combination, a sink, and a commode. The master bathroom (with just a sink and commode) and shower. The living spaces within each unit are designed for comfort and functionality, offering plenty of space for living and dining areas. Open-concept layouts. A well-appointed kitchen in each unit comes equipped with appliances, ample cabinet storage, and countertops for food preparation. There's likely a dedicated laundry area with connections for a washer and dryer within each unit, located in the garage. Sliding doors add natural light and ventilation, creating a bright and welcoming atmosphere in the living room. Each unit has its own independent, covered back patio. These patios are perfect for outdoor relaxation, dining, or entertaining. ****Square footage: HOA, Fees, taxes, lot sizes, and schools are to be independently verified.****

378 Dundee Drive, Poinciana

$900,000

12 Beds ⋅ Terrace Gardens Sub SubDv. ⋅ 33880 Zip Code

Looking for a rental property with a near 100% occupancy!? Look no further than this excellent 7 unit apartment complex. The property was completely rehabbed in 2019 with new windows, new roof, and interior makeover. This is a turn-key investment opportunity with instant. Summary financials available upon request.

1800 3rd Court Se Unit A, Winter Haven

$525,000

Crystal Grove SubDv. ⋅ 33801 Zip Code

Excellent investment opportunity in Lakeland, with easy access to Downtown Lakeland, shopping, dining and the Polk Parkway. This quad consists of 4 units with each featuring 2 bedrooms and 2 bathrooms and inside utilities. The roof was replaced in 2021. ***1932 Crystal Grove also offered for sale.*** Don't miss your chance to take advantage of this income producing property located in the heart of Lakeland!

1638 Crystal Park Circle, Lakeland

$589,000

Giffords Survey Pb 2 Pg 30 SubDv. ⋅ 33881 Zip Code

Location Location!! MAKE IT GREAT AGAIN! Money maker! The view of Lake Howard is beautiful from this turn-of-the-century former Tea House "Rose Hill." The large yard dons a gazebo great for front and center watching the speed boat races, Christmas boat parade, and other spectacular events on the lake. Own a piece of this history. MAKE THIS PROPERTY GREAT AGAIN! This property was once a tea house built in 1915, that locals visited regularly. It has been converted into 4 dwellings; a 3 bedroom home with 3 bathrooms, with a converted gas fireplace and lots of natural light from the windows in large rooms. the sunroom is a large area perfect for entertaining. There are 3 one bedroom rental "cottages" that are income-producing. The property needs work and renovation. Central air was added to the main house, and window units in the smaller dwellings. This property could be a spectacular rental income or bed and breakfast. It is close to Leggo Land and other parks, walk to main street shops and restaurants. Come see it. let's negotiate.

222 7th Street Nw, Winter Haven

$265,000

4 Beds ⋅ Unrecorded Plat/Secret Cove SubDv. ⋅ 33801 Zip Code

We are delighted to present a fantastic block construction duplex that's sure to catch your eye. This outstanding property boasts two separate units, each offering 2 bedrooms and 1 bathroom, featuring ceramic tile throughout. Roof was replaced within the past year. Currently, Unit 1 rents for just $1,000, and Unit 2 for $1,100, which is below market rent. The potential is truly remarkable, with projected rents of $1,200 to $1,400 for each unit, making this a solid investment opportunity. Perfect for an investor looking to maximize their return or an owner-occupant buyer, who can live in one side and allow the tenant to assist in paying the mortgage. Conveniently located, you'll find yourself just minutes away from the vibrant Lakeland Square Mall, offering a plethora of shopping and dining options. Plus, nearby beautiful Lake Parker Park provides a picturesque setting for outdoor activities, picnics, and relaxation. Don't let this opportunity slip through your fingers. Contact us today to schedule a viewing and uncover the possibilities of owning this hidden gem in Lakeland.

944 Buccaneer Drive, Lakeland

$269,900

Lockhart & Smiths Resub SubDv. ⋅ 33844 Zip Code

Incredible Investor Opportunity! This exceptional listing presents a rare gem: two distinct homes nestled on a single expansive parcel, featuring a total of three rentable units. With all units currently leased, this property offers a seamless transition for the next owner to step into an income-generating venture right from the start. Two Homes, Three Units: Discover the potential of not one, but two distinct homes on a single parcel. This unique setup opens doors to various possibilities – whether it's rental income, extended family living, or a blend of both. Consistent Rental Income: With all three units currently rented, you'll step into a seamlessly operating investment, primed for immediate cash flow. This translates into a hassle-free transition for you as the new owner. Investor Special: This listing caters specifically to savvy investors who recognize the value of a property poised for financial growth. Whether you're a seasoned investor or exploring your first venture, this opportunity holds immense potential Don't miss out on this outstanding investor special with a MOTIVATED SELLER – a rare chance to own a property with two homes and three rentable units, already occupied and generating income. Secure your foothold in the world of real estate investment today!

1800 N 12th Street, Haines City

$398,900

Rochelle Terrace SubDv. ⋅ 33850 Zip Code

Great Location!!! NEW ROOF BEING INSTALLED DECEMBER 2023! Income producing property! 3 single units. Plenty of parking. 2 units are on month to month and 1 several months onto a 12 month lease.

864 S Lake Shore Way, Lake Alfred

$199,500

Edgewood Park Sub SubDv. ⋅ 33815 Zip Code

***INVESTORS TAKE A LOOK!!*** CASH ONLY! This is your chance to own your own investment property with three separate mobile homes all on the same parcel. Each of the mobile homes has its own septic system. 825 Memphis is a 2 bedroom 1 bathroom with its own septic system. The bathroom offers a tub/shower combo and window units for AC. 835 Memphis is a 2 bedroom 1.5 bathroom with its own septic system, dual sinks in the full bathroom and window units for AC. 929 Nashville is a 2 bedroom 1.5 bathroom split bedroom with its own septic system, and has been remodeled with new LVT flooring and granite in the kitchen with window units for AC. Conveniently located with easy access to I4. Schedule your showing today!

835 Memphis Road, Lakeland

$524,999

6 Beds ⋅ Poinciana Nbrhd 03 Village 03 SubDv. ⋅ 34759 Zip Code

Under Construction. Beautiful brand new duplex with NEW UPGRADES ADDED! This duplex will now feature granite countertops in the kitchens and bathrooms, ceramic tiles with a taupe wood grain finish, as well as new modern white style cabinets with soft closing drawers! This duplex is still under construction and the pictures show its current state. Each side will also feature and include stainless steel kitchen appliances, ceramic tile throughout, ceiling fans in all bedrooms and living rooms, 9ft ceiling and a spacious back yard! Come check out this beautiful income property soon, it won't last!

705 Leopard Court, Poinciana

Multifamily Homes For Sale in Polk County