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219 Citrus Grove Blvd S 3,774 SF Specialty Building Offered at $760,864 CAD in Polk City, FL 33868



INVESTMENT HIGHLIGHTS
- Three-unit configuration with Airbnb license and long-term lease
- 0.44-acre fenced lot with parking for 9+ vehicles and 1-car garage
- Monthly income potential of approximately $4,500
- Fully remodeled in 2013 with granite countertops and modern finishes. New roof in 2024.
- Located near I-4 and Polk Parkway for regional access
- No HOA and furniture available for turnkey setup
EXECUTIVE SUMMARY
Nestled in the heart of Polk City, this versatile income-generating property offers a rare opportunity for investors seeking both short-term and long-term rental revenue. Comprising three distinct yet interconnected dwellings—The Cottage, The Cove, and the Main House—this fully remodeled estate spans over 4,325 square feet under roof on a fenced 0.44-acre lot. With a total of 6 bedrooms, 3.5 bathrooms, 3 living rooms, 2 kitchens, and 3 laundry rooms, the layout is ideal for multi-unit occupancy or extended family living.
One unit is currently operating as a licensed Airbnb, while another is leased on a yearly basis, offering immediate cash flow. The third unit is available for additional rental or owner occupancy. The property has been thoughtfully updated, including a new roof and granite countertops, and features ample parking for 9+ vehicles plus a 1-car garage. Interior finishes include window treatments and modernized kitchens, with furniture available upon request.
Located minutes from I-4 and the Polk Parkway (SR-570), the property enjoys excellent connectivity to Lakeland, Orlando, and Tampa. With no HOA restrictions and a monthly income potential of approximately $4,500 when fully rented, this asset is ideal for investors seeking a turnkey opportunity in a growing Central Florida market.
One unit is currently operating as a licensed Airbnb, while another is leased on a yearly basis, offering immediate cash flow. The third unit is available for additional rental or owner occupancy. The property has been thoughtfully updated, including a new roof and granite countertops, and features ample parking for 9+ vehicles plus a 1-car garage. Interior finishes include window treatments and modernized kitchens, with furniture available upon request.
Located minutes from I-4 and the Polk Parkway (SR-570), the property enjoys excellent connectivity to Lakeland, Orlando, and Tampa. With no HOA restrictions and a monthly income potential of approximately $4,500 when fully rented, this asset is ideal for investors seeking a turnkey opportunity in a growing Central Florida market.
DATA ROOM Click Here to Access
- Offering Memorandum
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
| Price | $760,864 CAD | Lot Size | 0.44 AC |
| Price Per SF | $201.61 CAD | Building Size | 3,774 SF |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1948 |
| Building Class | B | Opportunity Zone |
Yes
|
| Price | $760,864 CAD |
| Price Per SF | $201.61 CAD |
| Sale Type | Investment |
| Property Type | Specialty |
| Building Class | B |
| Lot Size | 0.44 AC |
| Building Size | 3,774 SF |
| No. Stories | 1 |
| Year Built | 1948 |
| Opportunity Zone |
Yes |
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219 Citrus Grove Blvd S
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