David Shippey
863.521.4517

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!

$550,000 | 4 beds | N/A full baths | N/A half baths | 3,264 sqft

$550,000 Reduced -$10,000
6900 Miami Drive
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 

Mortgage Calculator

%
$
%
Dollars per $1000
$
Approximate Monthly Payment 0.0
Price & Status History (on davidshippey.com since Fri, Nov 3rd 2023)
  • Original Price: $650,000
  • Current Price: $550,000
  • Price Reduced: $100,000
Date ChangedFromTo
04/26/2024ActivePending
04/04/2024$560,000 $550,000 Reduced by $10,000

Broker Reciprocity The information being provided by © 2024 My Florida Regional MLS DBA Stellar MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the My Florida Regional MLS DBA Stellar MLS. XCELLENCE REALTY, INC is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of XCELLENCE REALTY, INC, a broker participant of My Florida Regional MLS DBA Stellar MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. MLS IDX data last updated on 05-02-2024 4:06 PM EST.

Any images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website.


This real estate website and IDX data is hosted by Dynamic IDX, LLC (843.637.2411)

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.

Related Searches:  Chain of Lakes Winter Haven Florida