Address
6900 Miami DRIVE, LAKE WALES, FL
Price
$ 550,000
Property Attributes
- MLS#A4588077
- TypePending
- CountyPOLK
- CityLAKE WALES
- AreaLake Wales
- NeighborhoodIndian Lake Estates
- Zip33898
- StyleQuadruplex
- Year Built1959
- Taxes$ 2588
- Price$ 550,000
- Bedrooms4
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage3264
- Lot Size0.44 Acres
Data Source:
Stellar MLS
Property Description
Under contract-accepting backup offers. The Twin Palms Apartments is a 4-unit apartment community in Lake Wales, Florida. Consisting of two rock-solid masonry buildings on 1 parcel totaling nearly half an acre, the property features new roofs, large updated units, lush tropical landscaping, and a huge courtyard / BBQ area, lined with new pavers & a pergola. Located in Polk County, the fastest growing County in Florida and 7th fastest in the Nation, the property is an excellent opportunity to acquire a low maintenance multifamily asset that qualifies for residential financing! Property is fully occupied. DO NOT DISTURB TENANTS.
| Price History | |
|---|---|
| 11/3/2023 | Listed $650,000 |
| 11/14/2023 | 4% - $625,000 |
| 12/11/2023 | 5% - $595,000 |
| 2/13/2024 | 4% - $575,000 |
| 2/29/2024 | 1% - $570,000 |
| 3/6/2024 | 1% - $565,000 |
| 3/20/2024 | 1% - $560,000 |
| 4/4/2024 | 2% - $550,000 |
General Features
| Interior Features | Ceiling Fan(s) |
|---|---|
| Sewer | Septic Tank |
| Heating | Wall Units / Window Unit |
| Cooling | Wall/Window Unit(s) |
| Utilities | Electricity Connected |
| Roof | Shingle |
| Exterior Features | Courtyard |
| Zoning | PUD |
| HOA | 347 |
| Construction Materials | Block,Concrete |
| Pets Allowed | No |
| Year Built | 1959 |
| Levels | One |
| Property SubType | Quadruplex |
| Tax Year | 2022 |
| Percent Ownership | Fee Simple |
| Assoc Fee Paid Per | Annually |
| County | Polk |
| New Construction | No |
| Property Type | Residential Income |
| HOA / Comm Assn | Yes |
| Subdivision Name | INDIAN LAKE ESTATES |
| Garage Y/N | No |
| Status | Pending |
| Directions | Exit Hesperides Rd east bound on Deland Ave,take a left turn on Park Ave then take a left turn on Daytona Dr,continue down the road to Miami Dr. Property will be on the right hand side. |
| City | LAKE WALES |
| Buyer Agent Compensation | 2.5% |
| Senior Community Y/N | No |
| Total Units | 4 |
| MLS Area | 33898 - Lake Wales |
| Lot Size Square Feet | 19249 |
| Private Pool | No |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Street Name | Miami |
| Listing Terms | Cash,Conventional |
| Tax Annual Amount | 2588.71 |
| Public Remarks | Under contract-accepting backup offers. The Twin Palms Apartments is a 4-unit apartment community in Lake Wales,Florida. Consisting of two rock-solid masonry buildings on 1 parcel totaling nearly hal |
| Ok to Lease | 12 Months |
| Days on Market | 172 |
| Standard Status | Pending |
| Tax Lot | 1 |
| Virtual Tour | https://multifamilyfirm.com/our-available-properties/?propertyId=Multifamily-For-Sale-Twin-Palms-Apartments-Lake-Wales-FL |
| Legal Description | INDIAN LAKE ESTS UNIT 10 SEC 4/9 31 30 PB 40 PG 14 BLK 318 LOT 1 THAT PART DESC AS BEG AT MOST NLY COR RUN S 44 DEG 10 MIN 35 SEC E 198.05 FT S 76 DEG 37 MIN 40 SEC W 137.83 FT N 43 DEG 50 MIN 50 SEC |
| Water Access Y/N | No |
| Monthly HOA Amount | 28.92 |
| Water View Y/N | No |
Interior Features
| Air Conditioning Y/N | Yes |
|---|---|
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Street Suffix | DRIVE |
| Total Bedrooms | 4 |
| LivingAreaSource | Public Records |
| Total Baths | 4 |
| Living Area Units | Square Feet |
Exterior Features
| Water Source | Public |
|---|---|
| Lot Size Area | 19249 |
| Foundation Details | Slab |
| Number of Buildings | 2 |
| Lot Dimensions | 169 x 118 |
| Lot Size Acres | 0.44 |
| Road Surface Type | Asphalt |
| Lot Size Units | Square Feet |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Pending Average in 33898
Price
Taxes
Visits
Year Built
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on May 11, 2024 8:11 PM UTC
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© 2024 Florida Gulf Coast MLS (FGCMLS) Information deemed reliable, but not guaranteed. The IDX data relating to real estate for sale on this web site comes in part from the Florida Gulf Coast Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
