Solid block fourplex in Auburndale (Lake Hart Estates) offering strong current cash flow and clear value-add upside. With lake views in front of Lake Ariana and in Flood Zone X. 4 units, each 2 bed / 1 full + 1 half bath, totaling 4,352 sq ft. Currently fully occupied with total gross rents of $5,300/month ($63,000 annually). Current leases: Unit 201 - $1,350 - expires 11/30/26 Unit 205 - $1,300 - expires 9/1/27 Unit 209 - $1,300 - expires 4/30/27 Unit 213 - $1,350 - expires 5/31/27 Tenants pay all utilities. 2025 taxes: $5,982 | Insurance: $5,910 | Lawn: $80/mo. Rents are slightly below market, providing upside potential with unit updates. Solid brick construction, new development next door, and desirable location. Showing Instructions: 48-hour notice required. Property is fully occupied. Please coordinate all showings in advance.
| MLS # | TB8539169 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | For-sale |
| Status | Active |
| Year | 1980 |
| Days On Site | 65 |
| Listing Provided By | BIG GUAVA REALTY | Alvaro Zamora |
| Bed(s) | 8 |
|---|---|
| Bath(s) | 8 |
| SQ Feet | 4,352 |
| Zoning | RG1 |
| Acreage | 0.26 |
| Property | 6207 |
|---|
| State | FL |
|---|---|
| County | Polk |
| City | AUBURNDALE |
| Zip Code | 33823 |
| Area | 33823 Auburndale |
| Community Name | LAKE HART ESTATES |
| Listing VS Median (in LAKE HART ESTATES) | |
Price: $589,000 low | high Med: $589,000 sqft: 4,352 low | high Med: 4,352 $ / sqft: $135 low | high Med: $135 On site: 65 low | high Med: 65 | |
| State | FL |
|---|---|
| County | Polk |
| City | AUBURNDALE |
| Zip Code | 33823 |
| Area | 33823 Auburndale |
| Community Name | LAKE HART ESTATES |
| Listing VS Median (in LAKE HART ESTATES) | |
Price: $589,000 low | high Med: $589,000 sqft: 4,352 low | high Med: 4,352 $ / sqft: $135 low | high Med: $135 On site: 65 low | high Med: 65 | |