$1,200,000
$1,300,000
7.7%For more information regarding the value of a property, please contact us for a free consultation.
22 Beds
12 Baths
8,008 SqFt
SOLD DATE : 05/20/2024
Key Details
Sold Price $1,200,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 8,008 sqft
Price per Sqft $149
Subdivision Grove Acres
MLS Listing ID P4929221
Sold Date 05/20/24
Bedrooms 22
Construction Status Financing
HOA Y/N No
Originating Board Stellar MLS
Year Built 1981
Annual Tax Amount $7,433
Lot Size 0.830 Acres
Acres 0.83
Lot Dimensions 180x134
Property Description
Located in the vibrant community of Fort Meade, Florida, this multifamily property offers an exceptional investment opportunity. Situated in a prime location, this property is conveniently close to Fort Meade Middle- High school, the Peace River, and recreational areas, making it an attractive option for tenants seeking both convenience and comfort.
This well-maintained multifamily property features 12 units. Each with two bedrooms and one bathroom.
The property boasts a brick facade and a large well maintained courtyard area enhancing the overall appeal and value.
With strong rental demand in the area, this property presents a lucrative opportunity for investors seeking steady rental income and long-term growth potential. Whether you're a seasoned investor or new to the market, this multifamily property in Fort Meade offers an attractive blend of affordability, convenience, and potential for strong returns. With a property manager in place, this property promises a smooth transition to immediately begin seeing a return on your investment. Don't miss out on this opportunity to own a piece of prime real estate in this thriving community.
Location
State FL
County Polk
Community Grove Acres
Zoning R-2
Interior
Interior Features Primary Bedroom Main Floor, Window Treatments
Heating Central
Cooling Central Air
Fireplace false
Laundry Inside
Exterior
Exterior Feature Rain Gutters, Sidewalk
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Waterfront false
Roof Type Metal
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 1/2 to less than 1
Sewer Public Sewer
Water Public
Structure Type Block,Brick
New Construction false
Construction Status Financing
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None
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