$499,000

6900 MIAMI DRIVE, Indian Lake Estates, FL 33855

  • 4 beds |
  • 4 baths |
  • 3,264 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1959
  • Property Lot Size Icon0.44acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $153/sqft
  • Property List Date Icon Listed 2 days ago

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!

Listing Status:
Active
Date Added:
August 3, 2025 at 05:00AM
Listing Office:
LEGACY REAL ESTATE CENTER INC : 863-676-0200
Listing Agent:
Dolores Vogel : 863-632-5573
MLS ID:
K4903026
  • General: Ceiling Fan(s)
  • Appliances: RangeRefrigerator
  • Laundry: Laundry Room
  • A/C: Mini-Split Unit(s)Wall/Window Unit(s)
  • Heating: Wall Units / Window Unit

This listing courtesy of Dolores Vogel, LEGACY REAL ESTATE CENTER INC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

D

Dale R Fair Babson Park Elementary School

815 N Scenic Hwy, Babson Park, FL, 33827

Grades KG-5

12.72 miles away

F

Frostproof Middle/Senior High School

1000 N Palm Ave, Frostproof, FL, 33843

Grades 6-12

13.43 miles away

F

Frostproof Middle/Senior High School

1000 N Palm Ave, Frostproof, FL, 33843

Grades 6-12

13.43 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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