Dundee, FL 33838,610 DUNDEE RD
Dundee, FL 33838,610 DUNDEE RD
Dundee, FL 33838,610 DUNDEE RD
Dundee, FL 33838,610 DUNDEE RD
Dundee, FL 33838,610 DUNDEE RD
Dundee, FL 33838,610 DUNDEE RD
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$ 284,900
Est. payment | /mo

1,384 SqFt


$ 284,900
Est. payment | /mo

1,384 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 1,384 sqft

Price per Sqft $205

Subdivision Scenic Heights

MLS Listing ID P4937607

Construction Status Completed

HOA Y/N No

Year Built 1925

Annual Tax Amount $5,334

Lot Size 5,662 Sqft

Acres 0.13

Lot Dimensions Approx. 105x55*

Property Sub-Type Mixed Use

Source Stellar MLS

Property Description

**more photos to come** This commercial mixed-use duplex property is an excellent income producer with multiple use possibilities, ideally located on the heavily traveled Dundee Road, leading directly into the fast-growing town of Dundee! With strong in-place income & upside potential, this property offers an attractive return on investment & the ability to pay for itself faster than most opportunities with a gross monthly expected income of $3,300. The duplex has a total of 1,384 heated square feet, with several parking options & excellent visibility along one of Polk County's main corridors. The duplex features a 2BR/1BA unit currently leased for $1,450 per month & a 3BR/1BA unit that has been recently updated with fresh paint, warm wood-laminate flooring, & new stainless-steel appliances. This unit has an expected rental amount of $1,850 per month & is currently vacant, allowing for easy showings during the sale. With its layout, location & zoning, the property allows for flexibility in its continued present use or future mixed-use potential as permitted. The building has a transferable termite warranty & features fresh exterior paint, giving it strong curb appeal. The duplex has one water meter & septic system & separate electrical meters for each unit. The 2-bedroom unit is equipped with a mini-split A/C system, while the 3-bedroom unit features central heat/air conditioning. Originally built in 1925, the duplex carries an effective year of 1992, offering the charm of an older structure with meaningful updates already in place. What's unique about this property is that you get the best of both worlds, where on one side of the property sits the charming downtown area of Dundee, and on the other side boasts one of Polk County's major thoroughfares, Hwy 27, that opens you up to the cities of Winter Haven, Lake Wales, & Haines City which are some of the fastest growing in all of Florida! Interested in owning a high-visibility mixed-use property earning $39,600 a year in passive gross income & future flexibility? Or better yet, why not jump on this opportunity to move your own growing business to this fabulous location, while still receiving additional income from the other rental unit? Schedule a showing & see firsthand how easily this duplex can become a strong, long-term money-maker!

**This duplex is presently part of a larger parcel containing the quadraplex beside it. The whole parcel & both buildings are listed for sale together on a separate listing, (P4937571) for $724,900. However owner is willing to subdivide the land so that the duplex could be bought individually, if buyer desires. The division of the land would be at the concrete wall between the buildings. When seller has survey finalized there will be a new legal description created and it will be filed with the county and a new parcel ID number will then be given. Please note that tax amount in MLS is for entire parcel, which is inclusive of the quadraplex, so the actual tax bill for the duplex should be lower when it becomes taxed on its own. Lot dimensions are approximate until we have survey in hand for the subdivision of the land. All measurements are approximate & all information should be confirmed by buyer.

Location

State FL

County Polk

Community Scenic Heights

Area 33838 - Dundee

Zoning C-1

Interior

Heating Central, Other

Cooling Central Air, Mini-Split Unit(s)

Flooring Laminate, Tile

Appliance Refrigerator

Exterior

Utilities Available BB/HS Internet Capable, Electricity Available, Public, Water Connected

Roof Type Shingle

Building

Lot Description Sidewalk, Street Lights, Paved

Entry Level One

Foundation Crawlspace

Lot Size Range 0 to less than 1/4

Sewer Septic Tank

Water Public

Structure Type Stucco,Frame

New Construction false

Construction Status Completed

Others

Ownership Sole Proprietor

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/P4937607

Stellar MLS
Listed by Kennedy Matthews JULIE MATTHEWS GROUP LLC

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610 DUNDEE RD