FL
Polk
EAGLE LAKE
33839
19 W EAGLE AVENUE
19 W EAGLE AVENUE, EAGLE LAKE, FL 33839
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Listing Type
Commercial/Industrial
Listing Status
active
25
$1,166,000

Home Details for 19 W EAGLE AVENUE

Price
$1,166,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
4134
Year built
1932
Lot size acres
0.31
County
Polk
Garage
Basement
Crawl Space
Days on site
13
MLS Listing#
TB8424613
Property Description

** Prime Investment Opportunity – 8 Units + Portfolio Option ** Introducing a fully renovated 8-unit income-producing property located on a large corner lot in Eagle Lake. The property consists of 7 apartment units and 1 detached single-family home, offering versatile rental options for steady cash flow. Built with a combination of concrete block and wood frame, this property underwent a complete renovation with a NEW roof in 2022, all new electrical, all new plumbing (CPVC & PEX), luxury vinyl plank (LVP) flooring, new appliances, countertops, tankless 30-gallon water heaters, and fresh interior/exterior paint. Every system and finish has been modernized to minimize maintenance and maximize return. This property has a proven rental history, leasing quickly due to its quality updates and prime location. Investors will also appreciate the opportunity to purchase it as part of a larger portfolio consisting of three additional single-family homes, totaling 11 units across 4 parcels. With rents in Eagle Lake increasing over 300 p ercent in the last decade and the current average rent hovering around $2,000, this property presents a rare chance to secure a total $100,000 NOI at a 6.25 cap rate for 11 units. Other properties included in the optional portfolio: 52nd N 4th St (adjacent to subject property), 650 N 8th St, and 652 N Jackson St. Don’t miss this exceptional opportunity to expand or establish your rental portfolio in one of Central Florida’s fastest-growing rental markets.

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Property Features
  • Cooling Information
    • Ductless
  • Water Features
    • Public
  • Basement
    • Crawl Space
Listing Courtesy: COMPASS FLORIDA LLC - 305-851-2820
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2025 MLS GRID. All Rights Reserved.
Last Updated: 2025-09-08 19:46:18
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EXIT REALTY 4CORNERS
49503 Hwy 27 Unit B, Davenport, FL 33897
Office
863 344 3948
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