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Description
Solid block fourplex in Auburndale (Lake Hart Estates) offering strong current cash flow and clear value-add upside. With lake views in front of Lake Ariana and in Flood Zone X.4 units, each 2 bed / 1 full + 1 half bath, totaling 4,352 sq ft. Currently fully occupied with total gross rents of $5,300/month ($63,000 annually).Current leases: Unit 201 - $1,350 - expires 11/30/26 Unit 205 - $1,300 - expires 9/1/27 Unit 209 - $1,300 - expires 4/30/27 Unit 213 - $1,350 - expires 5/31/27Tenants pay all utilities.2025 taxes: $5,982 | Insurance: $5,910 | Lawn: $80/mo.Rents are slightly below market, providing upside potential with unit updates. Solid brick construction, new development next door, and desirable location.Showing Instructions:48-hour notice required. Property is fully occupied. Please coordinate all showings in advance.
Property Highlights
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central, Electric
Lot Size: 0.26 Acres
Roof Type: Shingle
Taxes: $6,207
Year Built: 1980
General Information
Bedrooms: 32
Sqft: 4,352
County: Polk
Subdivision: LAKE HART ESTATES
Listed By:
Alvaro Zamora
BIG GUAVA REALTY
727-404-1015
MLS ID: TB8539169
Amenities
Ceiling Fans(s)
Thermostat
None
Property Features
Annual Net Income: 63000.00
Community Features: Street Lights
Days on Site: 1
Directions: From North or South on Lake Ariana Blvd, turn onto Century Blvd. Property is on the right at 201 Century Blvd.
Exterior: Block
Flood Zone Code: X
Foundation: Block
Home Warranty Y/N: No
Lease Terms: Twelve Months
Lot Dimensions: 0.26
Other Equipment: None
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Appointment Only, Call Listing Agent, Call Manager, Call Owner, See Remarks
Special Sale Provisions: None
Utilities: Electricity Available, Electricity Connected, Public, Water - Multiple Meters, Water Available
Water: Public
Water Access Y/N: No
Water View: Lake
Zoning: RG1
Shown By
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201 Century Boulevard, Unit A, Auburndale, FL 33823.
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Estimated Payment
$ 2,736.38 per month $2,042.50 Principal & Interest $517.25 Property Tax $176.63 Homeowner's InsuranceChange Payment Information
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