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640 E Grapefruit Avenue Lake Alfred, FL $ 449,999
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$ 449,999 Get more info
640 E Grapefruit Avenue
$ 449,999
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640 E Grapefruit Avenue

Lake Alfred, FL, 33850
$ 449,999
Baths0.0 Sq 1,925

Monthly Estimate*

$ 2,841

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Studio

Multi-Family Home for sale in Lake Alfred, FL

for $449,999. This 1,925 square foot home was built in 2023 on a lot size of 0.17.

Newer 2023 duplex offering immediate income with tenants already in place in both units. Situated on 0.17 acres, the property features a fenced yard and NO HOA, offering flexibility and low restrictions. Each unit includes a well-designed 2BR/2BA open-concept layout with modern finishes, spacious living areas, and low-maintenance design ideal for tenants or owner-occupants. Located in the heart of Lake Alfred with quick access to US-17/92 and I-4, providing an easy commute to Orlando and Tampa. Just minutes from Winter Haven, Auburndale, and Lakeland for shopping, dining, and everyday conveniences. Nearby growth includes a planned Publix-anchored center, adding future value. Outdoor recreation is close with lakes, parks, and the Chain of Lakes Trail nearby.

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Multi-Family Active

Price

$ 449,999

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,987

Style

Lot Size

0.17

Year Built

2023

Town/City

Lake Alfred

County/Region

Polk

MLS | Web ID

B26046275
Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air Ceiling Fan(s) Electric
Utilities Water Available
Possession Close Of Escrow
Roof Shingle
Construction Materials Block
Pets Allowed No
Year Built 2023
Tenant Pays Cable TV Electricity Water
View Other
Stories Count 1
Levels One
Property Subtype Duplex
Tax Year 2025
Gross Income 37200
Waterfront Features None
Accessibility None
County Polk
Net Operating Income 15831
Operating Expense 18393
Property Type Residential Income
Subdivision Name HIGHLAND SUBDIVISION
Status Active
City Lake Alfred
Senior Community Y/N false
Number Of Units Total 2
MLS Area 5940 - Other Florida County
Land Lease Y/N false
Tax Annual Amount 5987.46
Virtual Tour https://www.propertypanorama.com/640-E-Grapefruit-Avenue-Lake-Alfred-FL-33850/unbranded
Standard Status Active
Property Sub Type Additional Duplex
Legal Description HIGHLAND SUB PB 4 PG 2 BLK A LOT 13
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Interior
Flooring Vinyl
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Laundry Features Electric Dryer Hookup Inside In Unit
Total Baths 0
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Exterior
Exterior Amenities Storage
Fencing Back Yard Fenced
Lot Features < 1/4 Acre
Water Source Multiple Meters Public
Total Parking 4
Lot Size Area 7248
Spa false
Building Area Total 1961
Lot Size Acres 0.17
Waterfront Y/N false
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* Excluded Features
List By
Nijael Mustafa

Listing Agent

Affordability Calculator

$3,340
Per Month
85%
15%
0%
Monthly Principal & Interest
$2,841
Monthly Property Taxes
$499
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
6/28/2026 $449,999 Listed Price

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640 E Grapefruit Avenue, Lake Alfred, FL, 33850 is a Multi-Family Home for sale at $449,999 with 1,925 sqft and a lot size of 0.17. 640 E Grapefruit Avenue is a studio with 0.0 baths and was built in 2023. The property's zip code is 33850 which is in Lake Alfred, FL

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