513 Greenview Terrace, Unit A

Lake Wales, FL 33853

$2,450,000
Price
8
Beds
8
Baths
1,157 Sq. Ft.
$2,118 / Sq. Ft.
1,157
Sq. Ft.
$2,118
per Sq. Ft.

Description

This is a rare opportunity to acquire 14 income-generating rental units, located in Winter Haven, Lake Wales, and Sebring fully occupied with tenants. All meticulously maintained and strategically located to deliver steady cash flow. Whether you're a seasoned investor looking to expand your portfolio or a newcomer eager to step into real estate, this turnkey collection is designed to maximize your returns. Don't miss out on this chance to secure a robust, diversified income stream in a thriving market....This is a rare opportunity to acquire 14 income-generating rental units, located in Winter Haven, Lake Wales, and Sebring fully occupied with tenants. All meticulously maintained and strategically located to deliver steady cash flow. Whether you're a seasoned investor looking to expand your portfolio or a newcomer eager to step into real estate, this turnkey collection is designed to maximize your returns. Don't miss out on this chance to secure a robust, diversified income stream in a thriving market. Hire a property manager or keep the current property management in place. Act now and start reaping the rewards of smart real estate investment today!
  1. Listed by Kal Scarvers • SPANN & ASSOCIATES REAL ESTATE
    P: (863)-617-5236 C: (863)-617-5236 kalscarvers@gmail.com
  2. Listed by Kalanda Scarvers • SPANN & ASSOCIATES REAL ESTATE
    P: (863)-521-0434 C: (863)-521-0434 kamariscarvers@gmail.com

Property Details for 513 Greenview Terrace, Unit A

Subdivision Name
GREENBRIAR PH 01
Township
29
Garage Spaces
1
Waterfront
No
LISTING UPDATED: 01/02/2025 07:14 AM

Property Details for 513 Greenview Terrace, Unit A

StatusActive
MLS #O6267775
Days on Market13
Taxes$801 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1979
Lot Size0.11 AC / 4,988 SF
CountyPolk County

Building Information for 513 Greenview Terrace, Unit A

Stories-Residences14Year Built1979Building Size-Lot Size0.11 AC / 4,988 SF

Property Information for 513 Greenview Terrace, Unit A

Summary
Location and General Information
  • Building Area Units: Square Feet
  • Directions: Follow I-4 W to US-27 S in Polk County. Take exit 55 from I-4 W.Use any lane to turn slightly right onto US-27 S.Turn left onto E Mountain Lake Cutoff Rd.Turn right onto FL-17 S.Turn left onto FL-17 Alt/Burns Ave.Turn right onto Greenleaf Ln.Turn right at the 1st cross street onto Greenview Terrace. Destination will be on your right.
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 513
  • Street Name: Greenview
  • Street Suffix: TERRACE
  • Unit Number: A
  • State: FL
  • City: LAKE WALES
Parking
  • Attached Garage: Yes
  • Carport: No
  • Garage: Yes
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Book Number: 67-25
  • Tax Legal Description: GREENBRIAR PHASE ONE PB 67 PG 25 LOT 20 E1/2
  • Tax Lot: 20
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels Description: 27-29-35-880010-000202, 26-28-20-000000-011090, 26-28-20-559500-009010, S-21-34-29-050-0521-0000
  • Additional Parcels: Yes
  • Lot Size Dimensions: 40 x 125
  • Parcel Number: 272935880010000201
  • Total Acreage: 0 to less than 1/4
  • Total Num Buildings: 5
  • Water Access: No
  • Water Extras: No
  • Zoning: RP
  • Living Area: 1157
  • Lot Dimensions: 40 x 125
Property and Assessments
  • Year Built Numeric: 1979
  • Flood Zone Code: 280070
  • New Construction: No
  • Number Of Lots: 5
  • Property Attached: No
  • Public Survey Range: 27
  • Public Survey Section: 35
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Public, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block
  • Exterior Features: Private Mailbox
  • Foundation Details: Block
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 8
  • Cooling: Central Air, Wall/Window Unit(s)
  • Fireplace: No
  • Heating: Central
  • Interior Features: Ceiling Fan(s)
  • Laundry Features: Inside, Laundry Room
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Expenses: $28,837
  • Annual Net Income: $224,362.50
  • Gross Income: $253,200
  • Unit Count: 3
Rental
Rental Information
  • Total Actual Rent: $21,100

Property History for 513 Greenview Terrace, Unit A

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 513 Greenview Terrace, Unit A

Taxable ValueLand$100Additions$39,400Total$39,500
Tax Record2024$844 ($70 / month)
Home Facts
Beds3Total Finished SqFt1,157 SqFtAbove Grade Finished SqFt1,157 SqFtStories1Lot Size4,988 SqFtStyleSingle Family ResidenceYear Built1979CountyPOLKAPN272935880010000201

Schools near 513 Greenview Terrace, Unit A

This home is within Polk.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - K to 5
Public - 6 to 8
Public - 6 to 10
Rating
School
Distance
Spook Hill Elementary School
PublicPK to 5

Bartow Elementary Academy
PublicK to 5

Union Academy
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.

Similar Homes

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Similar Sold Homes

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513 Greenview Terrace, Unit A is a multi-family home for sale in Lake Wales, FL 33853. This property was listed for sale on January 1, 2025 by SPANN & ASSOCIATES REAL ESTATE, it's currently listed at $2,450,000. It has been on the market for a total of 13 days and was last sold on March 12, 2002. This listing's school district is Polk. Nearby schools include Spook Hill Elementary School, Bartow Elementary Academy and Union Academy. 513 Greenview Terrace, Unit A is a 8-bed, 8-bath, 1,157 sqft multi-family home built in 1979.

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 SPANN & ASSOCIATES REAL ESTATE, Kal Scarvers; SPANN & ASSOCIATES REAL ESTATE, Kalanda Scarvers

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: 01/02/2025 07:14 AM