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.
Off market
Zestimate®
$2,043,700
211 N Lake Silver Dr NW, Winter Haven, FL 33881
--beds
0baths
11,212sqft
Multi-Family
Built in 1977
-- sqft lot
$2,043,700 Zestimate®
$182/sqft
$1,254 Estimated rent
Owner options
What's special
Originating MLS: East Polk
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced air, Electric
Cooling
- Central
Appliances
- Included: Dishwasher, Range / Oven, Refrigerator
- Laundry: Inside, Laundry Closet
Features
- Ceiling Fans(s), Living Room/Dining Room Combo, Eating Space In Kitchen, Walk-In Closet(s), Window Treatments, Split Bedroom
- Flooring: Tile, Carpet
Interior area
- Structure area source: Public Records
- Total interior livable area: 11,212 sqft
Property
Features
- Levels: One
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Lake
- Body of water: LAKE SILVER
Lot
- Size: 1.52 Acres
- Dimensions: 257x261
Details
- Additional parcels included: 262820559000000180
- Zoning: COMM/INDUS
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi-Family
Condition
- Completed
- Year built: 1977
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Phone Available, Public
Community & neighborhood
Location
- Region: Winter Haven
- Subdivision: SILVER LAKE ADD
Other
Other facts
- Appliances: Dishwasher, Range, Refrigerator
- Cooling: Central Air
- Country: US
- DPRYN: 0
- Exterior Features: Fenced, Sidewalk, Storage, Irrigation System, Lighting
- Financial Data Source: Owner
- Fireplace YN: 0
- Garage YN: 0
- Heating: Central
- Interior Features: Ceiling Fans(s), Living Room/Dining Room Combo, Eating Space In Kitchen, Walk-In Closet(s), Window Treatments, Split Bedroom
- Listing Service: Full Service
- Listing Terms: Cash, Conventional
- Major Change Type: Pending
- Mls Status: Pending
- New Construction YN: 0
- Ownership: Fee Simple
- Pool Private YN: 0
- Previous Status: Active
- Property Type: Residential Income
- Roof: Shingle
- Sewer: Public Sewer
- Syndicate To: Homes.com, HomeSnap, Realtor.com, Zillow/Trulia, International MLS
- Utilities: Electricity Connected, Phone Available, Public
- Water Source: Public
- Building Area Source: Public Records
- Flood Zone Code: X
- Flooring: Carpet, Ceramic Tile
- Homestead YN: 0
- Levels: One
- Public Survey Range: 26
- Tenant Pays: Electricity, Water, Sewer
- Water Access YN: 1
- Water Extras: Skiing Allowed
- Water Extras YN: 1
- Construction Materials: Block
- Laundry Features: Inside, Laundry Closet
- Property Condition: Completed
- Representation: Seller Represented
- Foundation Details: Slab
- Additional Parcels YN: 1
- Other Exemptions YN: 0
- Property Sub Type: Multi-Family
- Furnished: Unfurnished
- Waterfront YN: 1
- Year Built: 1977
- View: Water
- Water View YN: 1
- Public Survey Section: 20
- County Or Parish: Polk
- MLS Area Major: 33881 - Winter Haven / Florence Villa
- Water Access: Lake
- Waterfront Features: Lake
- Water View: Lake
- List Agent AOR: East Polk
- List AOR: East Polk
- Number Of Lots: 2
- Tax Year: 2020
- Total Acreage: 1 to less than 2
- Additional Parcels Description: 262820559000000180
- Building Area Total: 11828.00
- Living Area: 11212.00
- Lot Size Dimensions: 257x261
- Subdivision Name: SILVER LAKE ADD
- Tax Annual Amount: 10371.00
- Water Body Name: LAKE SILVER
- Water Frontage Feet Lake: 250
- Waterfront Feet Total: 250
- Zoning: COMM/INDUS
- Listing terms: Cash, Conventional
- Ownership: Fee Simple
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Estimated market value
$2,043,700