Winter Haven, FL 33880,5242 SPIRIT LAKE RD

$875,000

$950,000

7.9%
Est.Price: ?

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Est. payment /mo

7,814 SqFt


SOLD DATE : 01/06/2025

Key Details

Sold Price $875,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 7,814 sqft

Price per Sqft $111

Subdivision Spirit Lake Estates

MLS Listing ID P4932273

Sold Date 01/06/25

Construction Status Completed

HOA Y/N No

Year Built 1965

Annual Tax Amount $1,390

Lot Size 2.340 Acres

Acres 2.34

Lot Dimensions 367 x 292

Property Sub-Type Mixed Use

Source Stellar MLS

Property Description

Spirit Lake Estates – Prime Multifamily Investment Opportunity

Welcome to Spirit Lake Estates, a premier multifamily investment property located at the highly sought-after intersection of Spirit Lake Road and Bernie Hill Court in Winter Haven, Florida. This expansive property spans 2.38 acres, offering ample space and a peaceful setting for both residents and investors alike.

The estate features nine rentable units, each designed to provide comfortable and practical living spaces, making this an ideal opportunity for those looking to expand their real estate portfolio. With a solid foundation for generating consistent rental income, Spirit Lake Estates offers great potential for long-term returns.

Situated in a rapidly growing area, this property provides easy access to local amenities, shopping centers, and major roadways, ensuring high demand for rental units. Whether you're an experienced investor or someone seeking to enter the multifamily real estate market, Spirit Lake Estates presents a unique opportunity for growth and profitability.

Key Features:

• 9 rentable units
• 2.38 acres of prime land
• Conveniently located at the intersection of Spirit Lake Road & Bernie Hill Court, Winter Haven, FL
• Close to shopping, dining, and major transportation routes
• Strong rental income potential and future value appreciation

Invest in Spirit Lake Estates today and secure a property that offers both immediate returns and long-term growth in the heart of Winter Haven!

Location

State FL

County Polk

Community Spirit Lake Estates

Area 33880 - Winter Haven/Eloise/Jpv/Wahnetta

Zoning RL-4

Interior

Cooling Central Air

Exterior

Parking Features Parking Spaces - 13 to 18

Building

Foundation Crawlspace

Lot Size Range 2 to less than 5

Structure Type Metal Siding

New Construction false

Construction Status Completed

Others

Ownership Sole Proprietor

Special Listing Condition None

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George & Danielle Dustman

George & Danielle Dustman

+1(941) 212-0042

Our team is ready to help you sell your home for the highest possible price ASAP


Stellar MLS
Listed by Brent Morse CENTURY 21 MYERS REALTY
Bought with James Clements CLEMENTS REAL ESTATE

GET MORE INFORMATION

George & Danielle Dustman
George & Danielle Dustman

REALTOR®, ABR, RENE, MRP | Lic# SL.3311494 | SL.3464495

+1(941) 212-0042

10752 Deerwood Park Blvd Suite 100, Jacksonville, FL, 32256, USA

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