Jerry Hatley
Property Description
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
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.17 Acres
Roof Type: Shingle
Taxes: $5,987
Year Built: 2023
Square Feet: 1,925
Amenities
Ceiling Fans(s)
Open Floorplan
Thermostat
Walk-In Closet(s)
Fence
Sidewalk
Feature Descriptions
Annual Net Income: 37700.00
Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
Days on Site: 1
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
Exterior: Block, Stucco
Flood Zone Code: X
Flooring: Vinyl
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot Dimensions: 0.17
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: Appointment Only, Call Listing Agent, See Remarks, ShowingTime
Special Sale Provisions: None
Units: 2
Utilities: Cable Available, Electricity Available
Water: Public
Water Access Y/N: No
Zoning: R-2
Listed By / Shown By
Listed By
Agency Name: FL HOME GROUP LLC
Agency Contact: 407-505-7600
Shown By
Agent Name: Jerry Hatley
Agent Phone: (407) 252-7142
Agency Title: Watson Realty Corp., REALTORS ®
Estimate Your Payment
Estimated Payment
$ 2,907.52 per month $2,271.23 Principal & Interest $498.92 Property Tax $137.38 Homeowner's InsuranceChange Payment Information
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640 E Grapefruit Avenue | MLS# O6390664
This multi-family property located at 640 E Grapefruit Avenue , Lake Alfred, FL 33850 is currently listed for sale with an asking price of $471,000. Search Lake Alfred real estate on jerryhatley.watsonrealtycorp.com today.