$499,000 for Sale
6900 miami drive , indian lake estates, FL 33855
| Beds 4 | Baths 4 | 3,264 Sqft | 0.44 Acres |
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Property Description
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!
General Information
Sale Price: $499,000
Price/SqFt: $153
Status: Active
MLS#: K4903026
City: indian lake estates
Post Office: indian lake estates
County: Polk
Subdivision: indian lake estates unit 10
Acres: 0.44
Bedrooms:4
Bathrooms:4
House Size: 3,264 sq.ft.
Acreage: 0.44 est.
Year Built: 1959
Property Type: Quadruplex
Style:
Features & Room Sizes
Paved Road: Asphalt
Garage: No
Construction: Concrete
Exterior Misc: Outbuilding, Lighting, Other, Storage
Basement: No
Foundation : Slab
Appliances: Range, Refrigerator
Cooling: Mini-Split Unit(s), Wall/Window Unit(s)
Heating: Wall Units / Window Unit
Waste: Septic Tank
Watersource: Public
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $4,433
HOA fees: 347
HOA fees Period: Annually
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 W 127.47 FT N 45 DEG 49 MIN 25 SEC E 117.65 FT TO POB
Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Dolores Vogel of LEGACY REAL ESTATE CENTER INC, Phone: 863-676-0200
