Polk County Investment Properties

4 Beds ⋅ Rosedale Add SubDv. ⋅ 33801 Zip Code

Welcome to 805 Vistabula Dr, Lakeland FL! This charming Spanish-style historic home is located in the heart of Downtown Lakeland, just a stone's throw away from the beautiful Lake Morton. Boasting a 2-bedroom, 1-bathroom layout, this home offers a cozy and inviting atmosphere. One of the standout features of this property is the detached income-producing building that comes with it. This building consists of two separate units, providing excellent rental opportunities for potential investors or homeowners looking to supplement their income. The top unit is a 1-bedroom, 1-bathroom apartment that is currently rented out for $1,395 per month. With its attractive features and convenient location, this unit has great potential as an Airbnb, attracting short-term rentals and maximizing your earnings. Additionally, the ground floor of the detached building houses a studio apartment, currently occupied and generating $1,325 in monthly rental income. This self-contained unit offers a comfortable living space for tenants and adds to the overall income potential of the property. Whether you're looking for a primary residence with an additional income stream or an investment opportunity in a sought-after location, 805 Vistabula Dr presents an ideal choice. Don't miss out on the chance to own this historic home and benefit from the income generated by the separate rental units. Schedule a showing today and explore the possibilities this property has to offer!

805 Vistabula Street, Lakeland

$699,000

Quail Trail SubDv. ⋅ 33810 Zip Code

Welcome to 7702 and 7660 Chase Rd, Lakeland FL 33810, an exceptional income-producing quadplex offering the perfect opportunity for savvy investors. This well-maintained property features four individual units, each boasting 2 bedrooms and 2 full bathrooms, ensuring comfortable and convenient living for tenants. Situated in a desirable location, this quadplex is a promising addition to any real estate portfolio. As you step into each unit, you'll immediately notice the attention to detail and quality craftsmanship throughout. The tile floors exude a sense of elegance while offering durability and easy maintenance. The kitchens, designed with a modern and open concept, are adorned with stunning granite countertops, adding a touch of luxury to the space. These well-appointed kitchens provide ample space for culinary endeavors and create a seamless flow into the living areas, ideal for entertaining guests or enjoying quality time with loved ones. One of the highlights of each unit is the inclusion of a private laundry room, providing convenience and eliminating the need for shared laundry facilities. This thoughtful feature enhances the overall comfort and autonomy for tenants, setting this quadplex apart from others in the area. The exterior of the property is equally impressive, with a well-maintained landscape and a welcoming curb appeal. Each unit has its own separate entrance, offering privacy and a sense of individuality. Ample parking space is available for residents and their guests, ensuring hassle-free parking at all times. Located in Lakeland FL, this quadplex benefits from its proximity to various amenities, including shopping centers, restaurants, parks, and entertainment options. Commuting is made easy with convenient access to major highways and transportation routes, providing easy connectivity to other parts of the city. Investors seeking a reliable and income-generating property will find immense potential in 7702 and 7660 Chase Rd. With its attractive features such as tile floors, granite countertops, open-concept kitchens, and private laundry rooms, this quadplex offers a remarkable opportunity to capitalize on the thriving rental market. Don't miss out on this exceptional investment property that promises both comfort and financial rewards. Schedule a showing today and envision the potential that awaits you!

7660 & 7702 Chase Road, Lakeland

$625,000

8 Beds ⋅ West Mulberry Heights SubDv. ⋅ 33860 Zip Code

! INVESTORS! Great income property producer, PLEASE DO NOT DISTURB THE TENANTS, you must talk to listing agent first before showing the property, and agent is the owner. Property sold as is, and also IT’S RENT IS BELOW MARKET PRICE, there is no leases, so you can increase at market value when you CLOSE TRANSACTION. WON’T LAST - CASH DEALS ONLY i

Mulberry

$450,000

4 Beds ⋅ Sunset Terrace Sub SubDv. ⋅ 33815 Zip Code

This brand new construction duplex is complete and ready to be rented for $1600 per unit. One unit on first floor, one unit on second floor. Each unit is 2 bedroom/2 bath, with one bedroom having ensuite bathroom and walk-in closet. Open floor plan and large kitchen. New stainless steel appliances included. Laminate floors throughout. Inside laundry for each unit. Exterior storage closet for each unit. This property is located in the fast-growing city of Lakeland, FL. between Tampa and Orlando.

528 Pinewood Avenue, Lakeland

$949,900

8 Beds ⋅ Windsor Island Res Ph 2a SubDv. ⋅ 33897 Zip Code

2022 BUILT HOME with 8 bedrooms and 6 baths for an amazing price. Attention Investors and homebuyers. This home is zoned for SHORT TERM RENTAL. You can self manage your investment home or you can hire a property management company if you want a turnkey investment. The home is practically new with all of the high-end finishes included from the builder, Pulte Homes. WINDSOR ISLAND RESORT is a resort style neighborhood with pool, clubhouse, lazy river, mini golf, basketball, volleyball, spa, cabanas, fire pits, fitness center, pool bar, and more. Monthly HOA fee covers lawn care, internet, cable, and daily valet garbage disposal as well as all the community amenities. Feel secure in this 24 Hour manned gated community. This home is minutes from Disney and other Orlando attractions, perfect for your next rental property

3217 Lilac Way, Davenport

$175,000

4 Beds ⋅ Lakeside Add SubDv. ⋅ 33880 Zip Code

Looking for an INVESTMENT? GREAT POTENTIAL to earn EXTRA INCOME!! Check out this DUPLEX spanning just over 1,300 square feet. Each unit boasts 2 bedrooms and 1 bathroom! Recent updates include - Apt 1 has new carpet, new drywall/paint, new ceiling fans and Apt 2 has a new shower/tub in the bathroom. New Porch/Deck! There is a place in each unit for a stackable Washer/Dryer! 2 electric meters and one water meter. Both units are currently vacant. Mature Landscaping. Minutes to shopping and dining! Close to Lake Howard! CALL US TODAY!!

735 Carroll Ave Sw, Winter Haven

$349,900

4 Beds ⋅ Lake Hunter Villas SubDv. ⋅ 33803 Zip Code

Excellent investment opportunity in Central Lakeland!! NEW ROOF in 2022. 2 units, each unit has 2 BEDROOM and 1 BATH, 903 sq feet living, attached 1 car carports, inside laundry hookups. Tenant pays electric and water. Don't miss out on this opportunity!!!

101 Lake Hunter Drive Unit 16, Lakeland

$928,900

16 Beds ⋅ 33898 Zip Code

Investor alert! 7 Single Family homes located in Hot Lake Wales. Offered at an 8.7% cap rate with lots of room to grow with immediate rent increases. They are all located on Villas Ct adjoining each other which makes them super efficient to manage and maintain.There are Five 2 bedroom/1 bath and Two 3 bedroom/1 bath homes.They are in good and well maintained condition with lots of updates! This is a great alternative to duplexes and quads as they are each on their own separate parcel with individual tax IDs. Well and septic are provided by landlord. Tenants pay their own electric and have separate Electric Meters. They are sold as a package but could be financed or split off individually by a new owner. All the homes have newer roofs that were installed in the last 2-5 years. Profit and loss with proforma is available along with rent roll and expenses. There will be a group showing of all units for qualified buyers please ask for date and time. Sorry no individual showings without accepted offer. 10 day inspection period max. Escrow deposit is 3%. No Finance and/or Appraisal Contingencies. Escrow Deposit is non refundable after inspection period. Lease renewal dates are listed on attachments. Do not disturb tenants. Sorry NO SELLER FINANCE. Cash, hard money, DSCR loans or private financing potentially through a local lender) are welcome. Additional parcel with 1 home, 5 buildable lots and additional frontage on HWY 60 is also available and sold seprately.

9 Villas Court, Lake Wales

$249,900

6 Beds ⋅ Alta Vista Add/Lk Wales SubDv. ⋅ 33853 Zip Code

*ATTENTION INVESTORS* RESIDENTIAL INCOME PROPERTY! Outstanding opportunity to acquire this property with 4 BD/ 2 BA home with detached 2 BD/ 1 BA situated in a quiet, sidewalk neighborhood. These residences were generously updated in 2017 with new roofing, plumbing, windows, flooring and more. The main house offers nice sized rooms including adjacent living and dining rooms, kitchen, laundry rm. and 2 bedrooms and full bath with tiled walls and tub downstairs. Ceiling fans hang in all the rooms and the downstairs master bdrm. has dual closets. The upstairs provides 2 bedrooms with a tile shower stall bathroom between them. An alley way gives access to the large parking pad in the rear of the home, and to the front entrance of the detached 2 BD/ 1 BA dwelling. This unit has cathedral ceiling in living room, eat-in kitchen, ceramic tile flooring throughout living areas and bedrooms, laminate plank flooring covers the large bathroom that also has washer & dryer. The kitchen offers wood cabinetry, tile counter tops, breakfast bar, pantry and space for dinette. This intown location gives the option of “getting your steps in,” with walking distance to schools, sports fields and city parks. Current long term tenant in place in main home

525 N 3rd Street, Lake Wales

$450,000

4 Beds ⋅ High View Hghts SubDv. ⋅ 33803 Zip Code

Live in one and rent the other! Very nice brick duplex includes both 3427 & 3429 Polk Ave. (2) 2 bedroom, 2 bath units w/ APRROXIMATELY 1100 ht sq ft living in each unit. Unit 3429 has lovely laminate flooring...Unit 3427 has had a long term tenant. Canopy covered patio with bar-b-que area. Parking for both units. Roof replaced in 2010. Established neighborhood close to shopping. restaurants, schools, recreational areas, YMCA and bus line. Easy access to the Polk Parkway East or West. Great in-town location with definite income opportunity.

3427 & 3429 S Polk Avenue, Lakeland

$268,000

33823 Zip Code

Investor special! This commercial land zoned for a mobile home park provides an amazing opportunity for monthly cash flow. Included with the land purchase are three mobile homes currently standing, along with spaces for five more to be placed. Previously this land held 8 mobile homes. Each home can be projected to rent for $1,200 to $1,400 per month based on local comparables, bringing in a possible $9,600-$11,200 per month! Located less than a mile from downtown Auburndale and Auburndale High School, this 3/4 acre land is in a prime central location right off highway 17 92. There is close proximity to shops and dining as well as Winter Haven Regional Airport and Winter Haven Hospital. This commercial land also sits close by the industrial district, providing a large pool of potential tenants. Grow your wealth and add this mobile home park to your investment portfolio—call today for a showing before it’s gone!

418 Senate Street, Auburndale

$989,000

2 Beds ⋅ Winfree Sub SubDv. ⋅ 33801 Zip Code

INVESTOR'S DREAM! 8 Units Currently used as Air BNB with one of the 2/1 units leased until August. Turnkey investment property. Current gross income approximately $11,500/ month, $138,000/year. This well maintained property is located in the Lake Morton Historic District in the heart of Lakeland steps from Polk Museum of Art and Lake Morton. The property has been beautifully renovated throughout. Ample parking on site for all units. 2-2/1 units with washer and dryers, 1-2/1 unit with no washer or dryer, 4-Studio units with kitchen, washer and dryers, 1-Studio unit with no kitchen, no washer or dryer. Don’t miss out on this RARE opportunity to own a great investment property in a very desirable location.

740 Winfree Avenue, Lakeland

$478,000

6 Beds ⋅ Hookers Add Db I Pg 433 SubDv. ⋅ 33830 Zip Code

DUPLEX BUILDING!!!NEW CONSTRUCTION!!!COMPLETED AND READY!!!Great Investment Opportunity!!! This listing is for two units in a Duplex Building UNIT A and UNIT B, great income property, each unit is 1040 Sq/ft. three Bedroom Two Bathrooms, tile floor throughout, lanai and front porch and great back yard, individual utility meters for each unit, and parking spaces. Don't miss this opportunity.

855 E Vine Street E Unit B, Bartow

$549,999

Poinciana Nbrhd 05 North Village 03 SubDv. ⋅ 34759 Zip Code

Brand New!!!!! Money Maker!!! This amazing Duplex has 3 Bed 2 Bath on each side. Gorgeous tile throughout, real wood cabinets, and granite countertops.

513 Albatross Dr Drive, Poinciana

$229,000

Indian Lake Estates SubDv. ⋅ 33855 Zip Code

Take a look at this fantastic opportunity in Lake Wakes located in Eastern Polk County only 10-15 minutes from River Ranch. These 2 bedrooms, 2-bathroom duplex is the perfect starter home (house-hacking); or a great property for rental income. It’s located in the rural and quiet area, With Florida's growing population, the demand for affordable homes continues to rise, making this property an excellent investment. Do not let this opportunity pass you by! Schedule a tour today and take the first step towards owning this home. The property is Currently tenant-occupied.

7637 Coral Gables Drive, Indian Lake Estates

$290,000

4 Beds ⋅ The Oaks Add SubDv. ⋅ 33830 Zip Code

Water is included with the rent. Both acs replaced 5 yrs ago, new metal roof, both units updated 5 yrs ago. Tenent downstairs is leaving and can be replaced. Upstairs tenent has 9 months left on current lease. Stack washer dryer unit upstairs stays with unit. Upstairs can be 3 bedroom but there isn’t a closet depends on tenent use.

1025 E Main Street, Bartow

$439,000

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

Great Investment property with an 8% 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

$285,000

4 Beds ⋅ Albert Park Add SubDv. ⋅ 33815 Zip Code

$14,000.00 PRICE REDUCTION!!! Great Income property waiting for you!! Nice block duplex with 2 bed 1 bath units on each side. Fully occupied, this property is already getting income. No waiting around Not a short sale Not an REO. Start your investment portfolio or expand your existing one. Per the Owner, the rent on the 1736 unit is $750, the Rent on 1738 is $565, roof and A/C are less than 5 years old. The lease on the 1736 unit ends on November 2023, Unit 1738 is month to month. PLEASE SEE REALTOR'S REMARKS FOR OFFER SUBMISSION INSTRUCTIONS.

1736 W Hickory Street, Lakeland

$425,000

4 Beds ⋅ Highland Sub SubDv. ⋅ 33850 Zip Code

This BRAND NEW CONSTRUCTION DUPLEX is almost complete and ready to be rented. Each unit is 2 bedroom/2 bath, with one bedroom having ensuite bathroom and walk-in closet. Open floor plan and large kitchen. New stainless steel appliances and washer/dryer included. Vinyl plank floors throughout. Inside laundry for each unit. This property is located in fast-growing Polk County between Tampa and Orlando. Projected rent is $1600 per unit. Gross income of $38,400 per year. Future taxes and insurance unknown at this time.

640 E Grapefruit Avenue, Lake Alfred

$11,750,000

Fantasy Island Resort SubDv. ⋅ 33896 Zip Code

Welcome to the VIP Hollywood Experience Mansion, where you are surrounded by celebrities and heroes! “Oscar” is waiting for your guests at the front motor court. Close to all major attractions, this is a custom-built compound where anyone can come live like elite movie stars surrounded by luxury. Once you arrive, you never have to leave! All of your favorite activities are all within the gated estate…bowling alley, indoor basketball half court, game rooms, resort style pool featuring a lazy river, water slide, custom lighting and a volcano, outdoor tiki hut/bar, inside bar and movie theater for indoor entertainment, and for those who can’t leave the office behind, there is a private conference room for all of your VIP meetings. This unbelievable mansion consists of 20 luxurious suites, all themed after films from the big screen and you are greeted with the theme song as you cross each entry. The gourmet kitchen boasts 4 Double Sub-Zero refrigerators, 2 ranges, 2 double ovens, wine cooler, with sleek and modern European style cabinets and solid countertops! The grand dining area seats 37 of your VIP guests comfortably for your fancy feasts! After a night of gorging like a king, you might not feel like going upstairs to the movie theater, you and your VIP guests can enjoy the multiple LED video walls in the living area to enjoy your favorite movie, sporting event or TV show. There is so much more for you to experience in person, but every time, you will find something new to enjoy. As the fortunate owner of this magnificent mansion, it’s your “license to print money”, with estimated annual gross earnings of $1.4 million and net after expenses of approximately $1 million. Complete with management in place, just sit back and collect the revenue!

Davenport

$1,599,000

12 Beds ⋅ Winfree Sub SubDv. ⋅ 33801 Zip Code

Welcome to your new multifamily apartment investment opportunity in the Lake Morton Historic District! This stunning 12 unit apartment building has been completely remodeled in the North Building and partially remodeled in the South Building. As a contributing building in the historic district, the Mediterranean Revival architecture is sure to impress. You'll love the classic charm and character of the building, which has been carefully restored to maintain its historic integrity. Inside, each unit has been fully renovated to provide modern conveniences and comfortable living. From the brand new appliances to the updated fixtures, you'll love the attention to detail throughout. The building also features an on-site laundry facility, making it easy and convenient for tenants to keep their wardrobe fresh and clean. And with a spacious courtyard, tenants will have plenty of room to enjoy the beautiful Florida weather and relax in a peaceful outdoor setting. This is a rare investment opportunity to own a beautifully restored historic building in the heart of Lakeland. Don't miss out on the chance to add this wonderful multifamily apartment to your investment portfolio!

915 E Palmetto Street Unit 201, Lakeland

$449,999

Washington Park SubDv. ⋅ 33805 Zip Code

1 Vacant Lot and 2 Income Producing Single Family Homes! Sale Includes 202 W. 9th St & 206 W. 9th St Totaling 3 Parcels! Enjoy Great Cash Flow While You Build Equity! Tons Of Growth In This Area Of The City Of Lakeland! Both Properties Are In Great Shape and Newly Renovated!

206 W 9th Street, Lakeland

$1,226,000

20 Beds ⋅ Country Club Estates SubDv. ⋅ 33801 Zip Code

EXCELLENT INCOME PROPERTIES. consists of 3 single family income properties. The informaton in this listing is for 2419 E Magnolia St. There are 2 additional homes on the same parcel (2421 E Magnolia St., 2423 E Magnolia St.) There are 6 ADDITIONAL single family income properties available also in Lakeland for sale Also ask about 11 more income properties that are available for purchase in another package. The seller's request: DO NOT BOTHER TENANTS!!!! All of the properties are rented and with a property management co. How much easier can it get to step into a money making business. Buy income producing rental homes for an instant cash return!! Call today!!

2419 E Magnolia Street, Lakeland

$1,400,000

23 Beds ⋅ Acreage SubDv. ⋅ 33844 Zip Code

Lakefront hidden gem on Lake Hatchineha, on the Kissimmee Chain of Lakes, navigable to the Atlantic! The property boasts of a 2-story lakefront lodge. The upper floor has 2 bedrooms and 2 baths with a stone fireplace and lake view, lower level unit 1 is a 1 bedroom 1 bath with lakefront view and lower level unit 2 is a 1 bedroom 1 bath bunkhouse. Property also includes a Marina with 18 boat slips, 10 are covered of which 4 have lifts, 5 RV slots of which 4 are lakefront, with full hookups, with 30 and 50 amp electric with water and sewer, and a barn with kitchen, dining room, bar area and storage. Other amenities include a fishing dock, fire pit, pool, boat docking and more! Shown by appointment - enjoy the view! AGENTS – please read Realtor Only remarks.

151 & 157 Catfish Street, Haines City

$189,000

Oak Park SubDv. ⋅ 33837 Zip Code

MULTIPLE RESIDENCES INCOME LOCATED JUST WEST OF KISSIMMEE OF HIGHWAY 17-92 EXTRA LARGE LOT!! GREAT FOR INVESTORS 5/1 SINGLE FAMILY HOME 1,164 sqft AND 3/2 MOBILE HOME 924 sqft and 2 SHEDS!!! THE UNITS ARE RENTED.

1523 County Road N Unit 547, Davenport

$490,000

Bowyers Sub SubDv. ⋅ 33815 Zip Code

This 3,763 square feet 10-bedroom 3 bathroom renovated home (new flooring, new water heaters, new electrical breakers, new bathroom cabinets, new doors, new paint, etc.) has 4,788 square feet under roof and is ideal for an investor or a home owner. It is a duplex with two separate addresses, two mailboxes, separate parking for both units, and is in a quiet neighborhood with no HOA. The home is turnkey for an investor as it is currently rented to two separate tenants with sufficient security deposit and good rental income. As an investor, you earn $52,800 in gross annual rental income (which translates to a 11% gross cap rate). The 518 N Ohio Ave. unit has 6 bedrooms and 2 bathrooms, has high ceilings and an open floor plan. The first floor has a large kitchen, extra-large living room, dining room, 2 large bedrooms, 1 bathroom, 2 open porches, and plenty of closets. The second floor has three large and one medium bedroom with 1-bathroom, large walk-in closet and attic for storage. This unit is ideal for an owner to live in and rent the other unit to pay off the mortgage. The other unit at 704 W Magnolia St, has a separate entrance and separate parking and mailbox and has 4 bedrooms, one bathroom, kitchen, living room, hallway, and porch. $50,000 worth of updates have been made to the home in 2021 and 2022 including two new HVAC systems, new supply plumbing, new appliances (dishwasher, refrigerator, and microwave), new electrical breakers, bathroom and kitchen upgrades, painting, and miscellaneous. Schedule a Showing Today.

518 N Ohio Ave, Lakeland

$367,100

Skyview Waters/Secret Cove SubDv. ⋅ 33801 Zip Code

Block Duplex (2 apartments) 100% occupied!! (Both apartments are 3/1). 1031 TAX EXCHANGE friendly seller!!! Please bring all offers, seller likes to negotiate! Both apartments have separate electric meters and separate water meters (tenants pay all utilities including electric, water, trash and sewer). Unit A rented for $1,375 & Unit B rented for $1,375 that's a total of $2,750 per month X 12 months generates a Gross yearly income of $33,000. (***please note the advertised monthly rents above already include the rent rebate credits***). Located in the heart of Lakeland near everything. This is 2 of 11 doors for sale. Close to Home Depot, Lowe's , Walmart and other major stores. Call or text to schedule a showing today. Don’t forget to ask about the 1 year Rent rebate credit of $4,200* that will be given to buyer at closing.

926 Buccaneer Drive, Lakeland

$285,000

4 Beds ⋅ Albert Park Addition SubDv. ⋅ 33815 Zip Code

PRICE ADJUSTMENT, DOWN $14,900! Don't miss this fabulous income property opportunity!!! Both units have 2 bedrooms, 1 bathroom in very good condition. Currently rented below market rate, monthly lease amount is $565.00 and $700, income growth potential!! Close to shopping centers, schools, and highways. **The buyer must verify dimensions and public information. ***PLEASE SEE REALTOR'S REMARKS FOR OFFER SUBMISSION INSTRUCTIONS**

505 Choctaw Avenue, Lakeland

$659,900

55 Beds ⋅ Lakewood Park SubDv. ⋅ 33801 Zip Code

7 UNITS- INVESTMENT OPPORTUNITY!! Located in the City of Lakeland FL. Great RENTAL INCOME. Best 7 units available in Polk County. The potential annual rental income is $80,400.00. The property has 4 single family homes and 3 studios. The lot is zoned commercial with a 1.32 acres. All units are well maintain and professionally managed. Each unit has its own parking space and individually meter. Call today for an appointment. This property won't last long!!

1310 N Combee Road, Lakeland

$650,000

1 Beds ⋅ Corners W H Sub SubDv. ⋅ 33801 Zip Code

New roof by October 3rd, 2022 w/ a 10 year warranty materials and labor. Fully occupied and stays that way.

930 N Iowa Avenue, Lakeland

Multifamily Homes For Sale in Polk County