Share This Listing

Message

965 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

6900 Miami Dr 4 Unit Apartment Building $499,000 ($124,750/Unit) Indian Lake Estates, FL 33855

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Ideally positioned just off Hwy 60 in a peaceful rural setting

EXECUTIVE SUMMARY

Exceptional Investment Opportunity in Polk County! Discover this solidly built, income-producing fourplex, ideally positioned just off Hwy 60 in a peaceful rural setting with close proximity to popular recreational destinations like The Resort at Canopy Oaks, River Ranch Resort by Westgate, Guy Harvey's Camp Mack Resort, and Vero Beach just a short drive east! This multifamily property features two concrete block buildings with shingle roofs, offering a total of four spacious 1-bedroom, 1-bathroom units-each over 800 sq. ft. With thoughtful upgrades and solid infrastructure, this property is both low-maintenance and tenant-friendly. Property Highlights Include: "¢ Solid Construction: Two buildings built in 1959 with roofs replaced approx. 4 years ago. "¢ Tenant-Paid Electricity: Each unit is sub-metered for electric, reducing owner expenses. "¢ City Water + Renovated Septic: public water (landlord paid) and a recently upgraded septic system. "¢ Spacious Layouts: Each unit includes a well-maintained kitchen and bathroom, living room and large bedroom. "¢ Shared Laundry Room: for added convenience. "¢ Bonus RV Hook-Up: Water and sewer connection available for an RV-perfect for extra income or guest use. Whether you're a first-time investor or expanding your portfolio, this property qualifies for residential financing, making it a rare attainable investment opportunity. Enjoy nearby lake access at Lake Walk-in-Water with beach and fishing pier, or tee off at the local golf course-this property combines income potential with a sought-after lifestyle setting!

PROPERTY FACTS

Price $499,000
Price Per Unit $124,750
Sale Type Investment
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.44 AC
Building Size 3,264 SF
No. Stories 2
Year Built 1959
Parking Ratio 2.14/1,000 SF
Zoning PUD

AMENITIES

SITE AMENITIES

  • Courtyard

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 4 - 816
  • Listing ID: 37107190

  • Date on Market: 8/4/2025

  • Last Updated:

  • Address: 6900 Miami Dr, Indian Lake Estates, FL 33855

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}