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211 N LAKE SILVER DRIVE NW

WINTER HAVEN, FL 33881

$1,500,000

-
bed

-
bath

11,212
sqft

1977

Listing Details

Great opportunity to own this lake front income producing property with future development opportunities. Great cash flowing property in Winter Haven FL 33881. Fully rented, great opportunity to earn income immediately. Good rental area, easy and fast to rent. Long-term tenants and have a history of on-time payment. 12 Total 2 story apartment units consisting of two buildings. 2 Bedrooms and 1.5 Bathrooms each measuring approx. 935 sqft. with screened private patio or balcony. Plenty of parking plus attached storage building with a great view of Lake Silver. Chain link & picket fencing surround entire property. 2020 - Both buildings have been updated with many upgrades: New roofing throughout property, 950-Yr. Limited Warranty - Architectural Shingles. New exterior Hardee Board and paint. Situated on 1.52 acre lot with additional .16 acre lakefront lot. Attractive front entrance with potential to add additional 15 units. All units are well maintained – most have tile flooring, includes central A/C and washer/dryer hookups. Each unit is separately metered and billed for electricity and water. Owner pays fixed operating expenses. Located next to WH Police Dept, few steps from Lake Silver Park, public bus stop, schools, groceries stores, restaurants & much more. Beautiful waterfront property is a must for any investor portfolio. Call today for a private showing. 24-hour notice required.

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Price: $1,500,000

Square Feet: 11,212

Stories / Levels: 2

Lot Size: 1.52 acre(s)

Cooling: Central Air

Heating: Central

Year Built: 1977

Property Tax: $10,371

Days on Market: 102

MLS #: P4913745

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Contact

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Agent profile picture

Michael & Dee Norris

Nexthome Norris & Company Realty


(863) 875-5583

nh@

License #: BK599865

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