Winter Haven, FL 33880,5242 SPIRIT LAKE RD
Winter Haven, FL 33880,5242 SPIRIT LAKE RD
Winter Haven, FL 33880,5242 SPIRIT LAKE RD
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$950,000
Est. payment /mo
7,814 SqFt

UPDATED:

10/24/2024 12:16 AM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Pending

Purchase Type For Sale

Square Footage 7,814 sqft

Price per Sqft $121

Subdivision Spirit Lake Estates

MLS Listing ID P4932273

Construction Status Financing,Inspections

HOA Y/N No

Originating Board Stellar MLS

Year Built 1965

Annual Tax Amount $1,390

Lot Size 2.340 Acres

Acres 2.34

Lot Dimensions 367 x 292

Property Description

Under contract-accepting backup offers. 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

Zoning RL-4

Interior

Cooling Central Air

Exterior

Garage Parking Spaces - 13 to 18

Waterfront false

Parking Type 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 Financing,Inspections

Others

Ownership Sole Proprietor

Special Listing Condition None


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Stellar MLS
Listed by CENTURY 21 MYERS REALTY

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5242 SPIRIT LAKE RD