1050 Spirit Lake Road
Winter Haven, FL 33880
$1,600,000
Price
18
Beds
9,724 Sq. Ft.
$165 / Sq. Ft.
9,724
Sq. Ft.
$165
per Sq. Ft.
Description
Great Investment property with 10 units in a gated community in Winter Haven convenient to Lakeland, Bartow, the Polk Parkway and I-4 with a history of consistent rental income and the potential to increase monthly revenue between $100-250 a unit. New roofs on both buildings in Dec 2021, Exterior painted in 2021, new A/C's in 5 units since 2017, washer and dryer connections and screened in patios in every unit all on a large 1.15 acre property with lake views of Lake Sears on the back units. Grocery...Great Investment property with 10 units in a gated community in Winter Haven convenient to Lakeland, Bartow, the Polk Parkway and I-4 with a history of consistent rental income and the potential to increase monthly revenue between $100-250 a unit. New roofs on both buildings in Dec 2021, Exterior painted in 2021, new A/C's in 5 units since 2017, washer and dryer connections and screened in patios in every unit all on a large 1.15 acre property with lake views of Lake Sears on the back units. Grocery stores, pharmacy's and restaurants all nearby and only minutes from the heart of Downtown Winter Haven and Lakeland. Great investment for a buyers 1031 exchange.
- Listed by Perry Kemp • STAR REALTY OF WINTER HAVEN
Property Details for 1050 Spirit Lake Road
Subdivision Name
JAN PHYL VILLAGE
Township28
ViewTrees/Woods, Water
WaterfrontNo
Water ViewLake
FurnishedUnfurnished
LISTING UPDATED: 11/12/2024 06:41 PM
Property Details for 1050 Spirit Lake Road
| Status | Active |
|---|---|
| MLS # | P4932710 |
| Days on Market | 5 |
| Taxes | $9,458 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income / Multi-Family |
| Year Built | 1985 |
| Lot Size | 1.15 AC / 50,251 SF |
| County | Polk County |
Building Information for 1050 Spirit Lake Road
Stories-Residences10Year Built1985Building Size-Lot Size1.15 AC / 50,251 SF
Property Information for 1050 Spirit Lake Road
Summary
Location and General Information
- Building Area Source: Public Records
- Building Area Total: 11192.0
- Building Area Units: Square Feet
- Community Features: Gated Community - No Guard, Sidewalk
- Directions: Hwy 540 to north on Spirit Lake Road. the driveway is on the right hand side directly past and adjoining the Publix/Circle K Shopping center
- Elementary School: Inwood Elem
- Middle Or Junior School: Westwood Middle
- High School: Lake Region High
- Mls Major Change Type: New Listing
- Major Change Type: New Listing
- Listing Service: Full Service
- Senior Community: No
- Unit Number: No
- Street Number: 1050
- Street Name: SPIRIT LAKE
- Street Suffix: ROAD
- State: FL
- City: WINTER HAVEN
Parking
- Available For Lease: Yes
- Carport: No
- Garage: No
- Parking Features: Assigned, Guest, Off Street
Taxes and HOA Information
- Association Approval Required: No
- Association: No
- CDD: No
- Tax Book Number: 36-28
- Tax Legal Description: JAN PHYL VILLAGE UNIT 1 PB 36 PG 28 39 ACREAGE LOT C S 80 FT OF N 100 FT & N 20 FT OF E 390 FT LESS R/W FOR SR 540 AS DESC IN OR 3690-2107
- Tax Lot: C
- Tax Year: 2024
Virtual Tour
- Virtual Tour URL Unbranded: https://www.propertypanorama.com/instaview/stellar/P4932710
Property
Lot Information
- Additional Parcels: No
- Lot Features: In County, Oversized Lot, Sidewalk, Street Paved
- Lot Size Dimensions: 88 X 540
- Parcel Number: 25-28-25-354200-001400
- Total Acreage: 1 to less than 2
- Total Num Buildings: 2
- Water Access: No
- Water Body Name: LAKE SEARS
- Water Extras: No
- Zoning: C-3
- Living Area: 9724
- Lot Dimensions: 88 X 540
Property and Assessments
- Year Built Numeric: 1985
- Flood Zone Code: X
- Flood Zone Date: 12-22-2016
- Flood Zone Panel: 12105C0345G
- Homestead: No
- New Construction: No
- Public Survey Range: 25
- Public Survey Section: 25
- Dock YN: No
Utilities
- Sewer: Septic Tank
- Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Phone Available, Public, Street Lights, Water Connected
- Water Source: See Remarks
- Num Electric Meters: 10.0
- Num Water Meters: 1.0
Interior and Exterior Features
Exterior Features
- Construction Materials: Block, Concrete, Stucco, Vinyl Siding, Wood Frame (FSC Certified)
- Exterior Features: Fenced, Irrigation System, Lighting, Sidewalk, Sliding Doors
- Foundation Details: Slab
- Levels: Two
- Patio And Porch Features: Rear Porch, Screened
- Pool Private: No
- Pool: None
- Pool Private: No
- Roof: Shingle
- Security Features: Security Gate, Smoke Detector(s)
- Waterfront Feet Total: 0
Interior Features
- Bedrooms Total: 18
- Appliances: Dishwasher, Electric Water Heater, Range, Refrigerator
- Cooling: Central Air
- Fireplace: No
- Flooring: Carpet, Ceramic Tile, Laminate, Vinyl
- Heating: Central, Electric, Exhaust Fans
- Interior Features: Ceiling Fans(s), Eating Space In Kitchen, Living Room/Dining Room Combo, PrimaryBedroom Upstairs, Walk-In Closet(s), Window Treatments
- Laundry Features: Electric Dryer Hookup, Laundry Room, Washer Hookup
- Living Area Source: Public Records
- Living Area Units: Square Feet
- Water View: Yes
- Window Features: Aluminum Frames, Blinds
Multi Family
Multi-Family Information
- Annual Expenses: $38,203
- Annual Net Income: $103,937.00
- Gross Income: $142,140
- Unit Count: 3
Unit 1
- Unit Type Baths Total 1: 1
- Unit Type Beds Total 1: 1
- Unit Type Description 1: 1 bed 1 bath with stove and refrigerator, screened in back porch with laundry closet and washer dryer hook ups
- Unit Type Pro Forma 1: 895
- Unit Type Type 1: 1 Bed/1 Bath
- Unit Type Units Total 1: 2
Unit 2
- Unit Type Baths Total 2: 2
- Unit Type Beds Total 2: 2
- Unit Type Description 2: 2 story townhouse, 2 bed 1.5 bath with stove and refrigerator, screened in back porch with laundry closet and washer dryer hook ups
- Unit Type Pro Forma 2: 1400
- Unit Type Type 2: 2 Bed/2 Bath
- Unit Type Units Total 2: 7
Unit 3
- Unit Type Baths Total 3: 2
- Unit Type Beds Total 3: 2
- Unit Type Description 3: This unit is larger than all the others with a large attached side porch and deck over looking the lake. 2 story townhouse, 2 bed 1.5 bath with stove and refrigerator, a large screened in side porch with laundry closet and washer dryer hook ups
- Unit Type Pro Forma 3: 1600
- Unit Type Type 3: 2 Bed/2 Bath
- Unit Type Units Total 3: 1
Rental
Rental Information
- Tenant Pays: Electricity
- Total Actual Rent: $11,845
- Pets Allowed: No
Property History for 1050 Spirit Lake Road
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1050 Spirit Lake Road
Taxable ValueLand-Additions-Total-
Tax Record2023$7,677 ($640 / month)
Home Facts
Total Finished SqFt4,352 SqFtAbove Grade Finished SqFt4,352 SqFtStories1Lot Size50,268 SqFtStyleMulti-Family Dwelling (2-4)Year Built1985Year Renovated1994ZoningC-3CountyPOLKAPN252825354200001400
Schools near 1050 Spirit Lake Road
This home is within Polk.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | PK to 5 | |||
| Public - | PK to 8 | |||
| Public - | 6 to 8 |
Rating | School | Distance |
|---|---|---|
Frank E. Brigham Academy PublicPK to 5 | ||
Lake Shipp Elementary School PublicPK to 5 | ||
Jewett School Of The Arts PublicPK to 8 | ||
Jewett Middle Academy Magnet Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of STAR REALTY OF WINTER HAVEN, Perry Kemp
The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the 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 MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 11/12/2024 06:41 PM
