640 E GRAPEFRUIT AVENUE Lake Alfred, FL $ 471,000
640 E GRAPEFRUIT AVENUE
$ 471,000
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640 E GRAPEFRUIT AVENUE

Lake Alfred, FL, 33850
$ 471,000
Bedrooms4 Baths4.0 Sq 1,925

Monthly Estimate*

$ 2,900

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Multi-Family Home for sale in Lake Alfred, FL

for $471,000 with 4 bedrooms and 4 full baths. This 1,925 square foot home was built in 2023 on a lot size of 0.17.

Newer construction Duplex offering immediate rental income potential with tenants already in place. Built in 2023, this property sits on approximately 0.17 acres with a spacious fenced yard and no HOA, providing added flexibility for ownership and use. Each unit features modern finishes, efficient layouts, and low-maintenance design suited to a variety of living needs. Located near everyday amenities, major roadways, and local services, the property also benefits from ongoing area growth, including a newly announced Publix development in Lake Alfred, which may contribute to increased convenience and community expansion. This duplex presents an opportunity for both investors and owner-occupants seeking income-producing real estate. Information is deemed reliable but should be independently verified

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Multi-Family Active

Price

$ 471,000

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 5,987

Style

Duplex

Lot Size

0.17

Year Built

2023

Town/City

Lake Alfred

County/Region

Polk

MLS | Web ID

O6390664

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Available Electricity Available
Roof Shingle
Appliances Dishwasher Disposal Dryer Microwave Range Refrigerator Washer
Zoning R-2
Construction Materials Block Stucco
Year Built 2023
Property Subtype Duplex
Tax Year 2025
Ownership Fee Simple
County Polk
New Construction false
Property Type Residential Income
Subdivision Name HIGHLAND SUB
Garage Y/N false
Status Active
Directions From US-17/92 in Lake Alfred head east on E Main St. Turn left onto N 3rd St then right onto E Grapefruit Ave. Property will be on the left at 650 E Grapefruit Ave
City LAKE ALFRED
Senior Community Y/N false
Number Of Units Total 2
MLS Area 33850 - Lake Alfred
Lot Size Units Square Feet
Lot Size Square Feet 7248
Carport Y/N false
Listing Terms Cash Conventional
Land Lease Y/N false
Tax Annual Amount 5987.46
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6390664
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Tax Lot 13
Legal Description HIGHLAND SUB PB 4 PG 2 BLK A LOT 13
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
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Interior
Interior Amenities Ceiling Fan(s) Open Floorplan Thermostat Walk-In Closet(s)
Flooring Vinyl
Furnished Y/N Unfurnished
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Laundry Closet
Total Bedrooms 4
Total Baths 4
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Exterior
Exterior Amenities Fenced Sidewalk
Water Source Public
Lot Size Area 7248
Foundation Details Slab
Number of Buildings 1
Building Area Total 1961
Lot Dimensions 50 x 145
Lot Size Acres 0.17
Road Surface Type Asphalt
Private Pool false
Waterfront Y/N false
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* Excluded Features
List By
Fl Home Group Llc

Broker

realtyFHG@gmail.com

Email

Affordability Calculator

$3,399
Per Month
85%
15%
0%
Monthly Principal & Interest
$2,900
Monthly Property Taxes
$499
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
Pricing History
DatePricePrice ChangeDescription
3/14/2026$471,000 Listed Price

Map


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640 E GRAPEFRUIT AVENUE, Lake Alfred, FL, 33850 is a Multi-Family Home for sale at $471,000 with 1,925 sqft and a lot size of 0.17. 640 E GRAPEFRUIT AVENUE has 4 bedrooms, 4.0 baths, and was built in 2023. The property's zip code is 33850 which is in Lake Alfred, FL