6900 MIAMI DRIVE Indian Lake Estates, FL $ 499,000
6900 MIAMI DRIVE
$ 499,000
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6900 MIAMI DRIVE

Indian Lake Estates, FL, 33855
$ 499,000
Bedrooms4 Baths4.0 Sq 3,264

Monthly Estimate*

$ 3,113

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Multi-Family Home for sale in Indian Lake Estates, FL

for $499,000 with 4 bedrooms and 4 full baths. This 3,264 square foot home was built in 1959 on a lot size of 0.44.

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!

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Multi-Family Active

Price

$ 499,000

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 4,432

Style

Quadruplex

Lot Size

0.44

Year Built

1959

Town/City

Indian Lake Estates

County/Region

Polk

MLS | Web ID

K4903026

Features
Interior
Interior Amenities ceiling fan(s)
Air Conditioning Y/N yes
Heating Y/N yes
Fireplace Y/N no
Laundry Features laundry room
Total Bedrooms 4
Total Baths 4
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General
Sewer septic tank
Heating wall units / window unit
Cooling mini-split unit(s) wall/window unit(s)
Utilities bb/hs internet available cable available electricity connected water connected
Possession close of escrow
Roof shingle
Appliances range refrigerator
HOA Fee 347
Construction Materials concrete
Pets Allowed yes
Year Built 1959
Tenant Pays electricity
Levels two
Property Subtype quadruplex
Tax Year 2024
Ownership fee simple
Gross Income 52200
Waterfront Features lake
Community Features dock fishing lake private boat ramp water access clubhouse fitness center golf carts ok golf park restaurant tennis court(s)
Assoc Fee Paid Per annually
County polk
New Construction no
Property Type residential income
HOA Y
Subdivision Name indian lake estates unit 10
Garage Y/N no
Other Structures shed(s) storage
Status active
Directions from lake wales travel east on hwy 60 turn right onto deland ave turn left onto park ave the road will curve to the left take that road and it will end go right apartments are on the right
City indian lake estates
Association Name elizabeth jewell
Senior Community Y/N no
Number Of Units Total 4
MLS Area 33855 - indian lake estates/lake wales
Lot Size Units square feet
Lot Size Square Feet 19249
Carport Y/N no
Listing Terms cash conventional
Land Lease Y/N no
Tax Annual Amount 4432.77
Property Condition completed
Ok to Lease 12 months
Additional Parcels Y/N no
Virtual Tour https://www.propertypanorama.com/instaview/stellar/k4903026
Building Area Units square feet
Living Area Units square feet
Standard Status active
Occupancy Type tenant
Tax Lot 1
Total Actual Rent 4350
Legal Description indian lake ests unit 10 sec 4/9 31 30 pb 40 pg 14 blk 318 lot 1 that part desc as beg at most nly cor run s 44 deg 10 min 35 sec e 198.05 ft s 76 deg 37 min 40 sec w 137.83 ft n 43 deg 50 min 50 sec
Water Access Type lake
Water Access Y/N yes
Monthly HOA Amount 28.92
Water View Y/N no
Flood Zone Code x
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Exterior
Exterior Amenities outbuilding lighting other storage
Lot Features near golf course near marina
Water Source public
Lot Size Area 19249
Foundation Details slab
Number of Buildings 2
Lot Size Acres 0.44
Road Surface Type asphalt
Private Pool no
Waterfront Y/N no
Number of Separate Water Meters 1
Number of Separate Electric Meters 4
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Internal Only
Street Number 1 6900
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* Excluded Features
List By
Legacy Real Estate Center Inc

Broker

dolores@legacyrealestatecenter.com

Email

Affordability Calculator

$3,482
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,113
Monthly Property Taxes
$369
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
266288 Elementary School
265661 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/3/2025$499,000 Listed Price

Map


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6900 MIAMI DRIVE, Indian Lake Estates, FL, 33855 is a Multi-Family Home for sale at $499,000 with 3,264 sqft and a lot size of 0.44. 6900 MIAMI DRIVE has 4 bedrooms, 4.0 baths, and was built in 1959. The property's zip code is 33855 which is in Indian Lake Estates, FL