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Under contract-accepting backup offers. 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!
| DAYS ON MARKET | 202 | LAST UPDATED | 1/10/2026 |
|---|---|---|---|
| TRACT | INDIAN LAKE ESTATES UNIT 10 | YEAR BUILT | 1959 |
| COMMUNITY | 33855 - Indian Lake Estates/Lake Wales | COUNTY | Polk |
| STATUS | Pending | PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Range, Refrigerator |
| AREA | 33855 - Indian Lake Estates/Lake Wales |
| CONSTRUCTION | Concrete |
| EXTERIOR | Lighting, Other, Storage |
| HEAT | Ductless |
| HOA DUES | 347 |
| LOT | 0.44 acre(s) |
| LOT DESCRIPTION | Near Golf Course |
| SEWER | Septic Tank |
| STORIES | 2 |
| SUBDIVISION | INDIAN LAKE ESTATES UNIT 10 |
| TAXES | 6109.35 |
| UTILITIES | Cable Available, Electricity Connected, Water Connected |
| WATER | Public |
| WATERFRONT DESCRIPTION | Lake Privileges |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Dolores Vogel, LEGACY REAL ESTATE CENTER INC, 863-676-0200
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 2/21/26 1:16 AM PST.
This IDX solution is (c) Diverse Solutions 2026.