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6900 Miami Dr 4 Unit Apartment Building $682,248 CAD ($170,562 CAD/Unit) Indian Lake Estates, FL 33855



Investment Highlights
- Ideally positioned just off Hwy 60 in a peaceful rural setting
Executive Summary
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!
Property Facts
| Price | $682,248 CAD | Building Class | C |
| Price Per Unit | $170,562 CAD | Lot Size | 0.44 AC |
| Sale Type | Investment | Building Size | 3,264 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1959 |
| Property Subtype | Apartment | Parking Ratio | 2.14/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | PUD - Planned Development | ||
| Price | $682,248 CAD |
| Price Per Unit | $170,562 CAD |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.44 AC |
| Building Size | 3,264 SF |
| No. Stories | 2 |
| Year Built | 1959 |
| Parking Ratio | 2.14/1,000 SF |
| Zoning | PUD - Planned Development |
Amenities
Site Amenities
- Courtyard
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | 816 |
1 1
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6900 Miami Dr
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