6900 MIAMI DR new

Indian Lake Estates,FL 33855

$ 499000

4 Beds

4 Baths

3264 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,264 sqft

Price per Sqft $152

Subdivision Indian Lake Estates Unit 10

MLS Listing ID K4903026

Bedrooms 4

HOA Fees $28/ann

Year Built 1959

Annual Tax Amount $4,432

Lot Size 0.440 Acres

Property Sub-Type Quadruplex

Property Description

Exceptional Investment Opportunity in Polk County!

Discover this solidly built, income-producing fourplex, ideally positioned just off Hwy 60 in a peaceful rural setting with close proximity to popular recreational destinations like The Resort at Canopy Oaks, River Ranch Resort by Westgate, Guy Harvey's Camp Mack Resort, and Vero Beach just a short drive east!

This multifamily property features two concrete block buildings with shingle roofs, offering a total of four spacious 1-bedroom, 1-bathroom units—each over 800 sq. ft. With thoughtful upgrades and solid infrastructure, this property is both low-maintenance and tenant-friendly.

Property Highlights Include:

• Solid Construction: Two buildings built in 1959 with roofs replaced approx. 4 years ago.
• Tenant-Paid Electricity: Each unit is sub-metered for electric, reducing owner expenses.
• City Water + Renovated Septic: public water (landlord paid) and a recently upgraded septic system.
• Spacious Layouts: Each unit includes a well-maintained kitchen and bathroom, living room and large bedroom.
• Shared Laundry Room: for added convenience.
• Bonus RV Hook-Up: Water and sewer connection available for an RV—perfect for extra income or guest use.



Whether you're a first-time investor or expanding your portfolio, this property qualifies for residential financing, making it a rare attainable investment opportunity.

Enjoy nearby lake access at Lake Walk-in-Water with beach and fishing pier, or tee off at the local golf course—this property combines income potential with a sought-after lifestyle setting!

Location

State FL

County Polk

Community Indian Lake Estates Unit 10

Area 33855 - Indian Lake Estates/Lake Wales

Interior

Heating Ductless

Cooling Ductless,Wall/Window Unit(s)

Laundry Laundry Room

Exterior

Exterior Feature Outbuildings,Lighting,Other,Storage

Community Features Clubhouse,Fitness Center,Golf Carts OK,Golf,Park,Restaurant,Tennis Court(s)

Utilities Available BB/HS Internet Available,Cable Available,Electricity Connected,Water Connected

Water Access Yes

Roof Type Shingle

Building

Lot Description Near Golf Course,Near Marina

Foundation Slab

Sewer Septic Tank

Water Public

Structure Type Concrete

New Construction false

Others

Monthly Total Fees $28

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/K4903026

View More
Favorite Go Tour