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For sale
    • Price cut: $10.9K (9/9)
    $439,000

    650 E GRAPEFRUIT AVENUE, LAKE ALFRED, FL 33850

    4beds
    4baths
    1,800sqft
    : 
    $2,904/mo
    Get pre-qualified
    Duplex, Multi Family
    Built in 2023
    -- sqft lot
    $-- Zestimate®
    $244/sqft
    $-- HOA

    What's special

    Fresh paintPrivate fully fenced yardDurable low-maintenance flooringUpgraded stainless steel appliances
    Prime investment opportunity in Lake Alfred! Built in 2023, this modern, turn-key duplex delivers instant cash flow with tenants already in place. Sitting on a ~0.17-acre lot with a private, fully fenced yard and NO HOA, this property offers ultimate flexibility for hands-off landlords or house-hackers looking to live in one side and offset their mortgage. Both units boast a functional, open-concept 2-bedroom, 2-bathroom layout finished with fresh paint, durable low-maintenance flooring, and upgraded stainless steel appliances. Positioned right in the heart of town, residents enjoy fast access to US-17/92 and I-4 for effortless commutes to Orlando or Tampa, along with close proximity to local lakes, the Chain of Lakes Trail, and a planned Publix-anchored development. Portfolio Opportunity: Motivated seller! Can be acquired individually or bundled with the matching, 1,800 sq ft duplex right next door at 640 E Grapefruit Ave (Parcel: 26-27-28-493500-00130) for a target 6.24% portfolio cap rate. Multiple financing options available—schedule your private tour today! Disclaimer: Photos depict the vacant unit. Floor plans, interior finishes, and color schemes may vary slightly by unit.
    11 hours
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    Zillow last checked:

    Listing updated:

    Listed by:

    Sharon Bokor 813-708-2266,

    BOKORS CORNER REALTY LLC 813-708-2266

    Source: Stellar MLS,MLS#: R4911947MLS LogoOriginating MLS: Other

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      Rooms
      • Room types: Utility Room
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
      • Laundry: Electric Dryer Hookup, In Kitchen, Laundry Closet, Washer Hookup
      Features
      • Ceiling Fan(s), Crown Molding, Primary Bedroom Main Floor, Walk-In Closet(s)
      • Flooring: Laminate, Tile
      • Windows: Window Treatments
      • Has fireplace: No
      Interior area
      • Total structure area: 1,836
      • Total interior livable area: 1,800 sqft
      Video & virtual tour

      Property

      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Sidewalk
      • Fencing: Fenced
      Lot
      • Size: 7,248 Square Feet
      • Dimensions: 50 x 145
      Details
      • Parcel number: 262728493500001141
      • Zoning: R-2
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex, Multi Family
      Materials
      • Block
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 2023

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Pet fee: $0 monthly
      • Subdivision: HIGHLAND SUB
      HOA
      • Has HOA: No
      Location
      • Region: Lake Alfred

      Financial & listing details

      • Price per square foot: $244/sqft
      • Tax assessed value: $8,200
      • Annual tax amount: $5,987
      • Date on market: 9/9/2026
      • Listing terms: Cash,Conventional,FHA,Private Financing Available,Special Funding,VA Loan
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        9/9/2026Price change$439,000-2.4%$244/sqft
        Source: Stellar MLS #R4911947 Report a problem
        8/5/2026Listed for sale$449,9000%$250/sqft
        Source: Owner Report a problem
        8/3/2026Listing removed$449,999+0.2%$250/sqft
        Source: My State MLS #11642857 Report a problem
        6/6/2026Price change$449,000-0.2%$249/sqft
        Source: Stellar MLS #O6390539 Report a problem
        6/5/2026Price change$449,999-2%$250/sqft
        Source: My State MLS #11642857 Report a problem
        5/15/2026Price change$459,000-2.5%$255/sqft
        Source: Stellar MLS #O6390539 Report a problem
        2/5/2026Listed for sale$471,000-3%$262/sqft
        Source: My State MLS #11642857 Report a problem
        9/30/2024Listing removed$485,599-2.9%$270/sqft
        Source: Stellar MLS #O6225088 Report a problem
        7/19/2024Price change$500,000+17.6%$278/sqft
        Source: Stellar MLS #O6225088 Report a problem
        6/28/2023Pending sale$425,000$236/sqft
        Source: Stellar MLS #L4936854 Report a problem
        5/23/2023Listed for sale$425,000-5.6%$236/sqft
        Source: Stellar MLS #L4936854 Report a problem
        5/12/2023Listing removed--
        Source: Stellar MLS #L4936854 Report a problem
        4/28/2023Listed for sale$450,000$250/sqft
        Source: Stellar MLS #L4936854 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2015$169 $8,200 +9.6%
        2014$169 +8.4%$7,480 +10%
        2013$156 +0.2%$6,800
        2012$155 -3.7%$6,800 -5.6%
        2011$161 -4.6%$7,200 -5.3%
        2010$169 -59.6%$7,600 -60.1%
        2009$419 -17.6%$19,058 -17.6%
        2008$508 $23,123 +139.4%
        2007-- $9,658 +2.5%
        2006-- $9,422
        2005-- $9,422 +6.1%
        2004-- $8,882
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 33850

        Getting around

        10 / 100
        Car-Dependent
        29 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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