Lake Josephine Apartments 1210 State Road 17 9 Unit Apartment Building $849,500 ($94,389/Unit) Dundee, FL 33838

Rare waterfront multifamily investment opportunity in Dundee, Florida. Located along Scenic Highway, this 9-unit property sits on just over one acre with beautiful waterfront views and strong income potential. Utilities are currently paid by ownership and include two electric meters, one water meter, and one gas meter, with the ability to add up to seven additional electric meters, creating significant potential to increase value by separately metering units in the future. The spacious parcel and desirable waterfront setting add long-term appeal for both tenants and investors. Located in a convenient Central Florida location with easy access to surrounding communities, this property presents a compelling opportunity to expand or enhance an existing multifamily portfolio. Seller financing available with approximately 25% down, offering additional flexibility for qualified buyers.