6900 Miami Drive Lake Wales Florida | Home for Sale
To schedule a showing of 6900 Miami Drive, Lake Wales, Florida, Call David Shippey at 863-521-4517 TODAY!
Lake Wales, FL 33898
- 4Beds
- 4.00Total Baths
- 0 Full, 0 HalfBaths
- 3,264SqFt
- 1959Year Built
- 0.44Acres
- MLS# A4588077
- Income
- Quadruplex
- Pending
- Approx Time on Market5 months, 29 days
- Area33898 - Lake Wales
- CountyPolk
- SubdivisionIndian Lake Estates
Overview
Under contract-accepting backup offers. The Twin Palms Apartments is a 4-unit apartment community in Lake Wales, Florida. Consisting of two rock-solid masonry buildings on 1 parcel totaling nearly half an acre, the property features new roofs, large updated units, lush tropical landscaping, and a huge courtyard / BBQ area, lined with new pavers & a pergola. Located in Polk County, the fastest growing County in Florida and 7th fastest in the Nation, the property is an excellent opportunity to acquire a low maintenance multifamily asset that qualifies for residential financing! Property is fully occupied. DO NOT DISTURB TENANTS.
Agriculture / Farm
Grazing Permits Blm: ,No,
Grazing Permits Forest Service: ,No,
Grazing Permits Private: ,No,
Horse: No
Association Fees / Info
Pets Allowed: No
Senior Community: No
Hoa Frequency Rate: 347
Association: Yes
Hoa Fees Frequency: Annually
Bathroom Info
Total Baths: 4.00
Building Info
Roof: Shingle
Buyer Compensation
Exterior Features
Pool Private: No
Exterior Features: Courtyard
Fees / Restrictions
Financial
Gross Income: 51,000
Expense Tenant: Electricity
Original Price: $650,000
Disclosures: None
Garage / Parking
Open Parking: No
Attached Garage: No
Garage: No
Carport: No
Green / Env Info
Irrigation Water Rights: ,No,
Interior Features
Fireplace: No
Levels: One
Spa: No
Interior Features: CeilingFans
Lot Info
Direction Remarks: Exit Hesperides Rd east bound on Deland Ave, take a left turn on Park Ave then take a left turn on Daytona Dr, continue down the road to Miami Dr. Property will be on the right hand side.
Lot Size Units: Acres
Lot Size Acres: 0.44
Lot Sqft: 19,249
Est Lotsize: 169x118
Misc
Other
Special Conditions: None
Other Rooms Info
Basement: No
Property Info
Habitable Residence: ,No,
Section: 04
Class Type: Quadruplex
Property Sub Type: Quadruplex
Property Attached: No
New Construction: No
Construction Materials: Block, Concrete
Stories: 1
Mobile Home Remains: ,No,
Foundation: Slab
Home Warranty: ,No,
Human Modified: Yes
Sqft Info
Sqft: 3,264
Living Area Units: SquareFeet
Living Area Source: PublicRecords
Tax Info
Tax Year: 2,022
Tax Lot: 1
Tax 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
Tax Block: 318
Tax Annual Amount: 2588.71
Tax Book Number: 40-14
Unit Info
Rent Controlled: No
Total Units: 4
Total Actual Rent: 4,250
Utilities / Hvac
Electric On Property: ,No,
Heating: WindowUnit, WallFurnace
Water Source: Public
Sewer: SepticTank
Cool System: WallWindowUnits, CeilingFans
Cooling: Yes
Heating: No
Utilities: ElectricityConnected
Waterfront / Water
Waterfront: No
View: No
Directions
Exit Hesperides Rd east bound on Deland Ave, take a left turn on Park Ave then take a left turn on Daytona Dr, continue down the road to Miami Dr. Property will be on the right hand side.This listing courtesy of The Multifamily Firm Llc
If you have any questions on 6900 Miami Drive, Lake Wales, Florida, please call David Shippey at 863-521-4517.
MLS# A4588077 located at 6900 Miami Drive, Lake Wales, Florida is brought to you by David Shippey REALTOR®
6900 Miami Drive, Lake Wales, Florida has 4 Beds, 0 Full Bath, and 0 Half Bath.
The MLS Number for 6900 Miami Drive, Lake Wales, Florida is A4588077.
The price for 6900 Miami Drive, Lake Wales, Florida is $550,000.
The status of 6900 Miami Drive, Lake Wales, Florida is Pending.
The subdivision of 6900 Miami Drive, Lake Wales, Florida is Indian Lake Estates.
The home located at 6900 Miami Drive, Lake Wales, Florida was built in 2024.
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