402 Main Street, DUNDEE, FL 33838
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  • MLS#: P4938541 ( Commercial Sale )
  • Street Address: 402 Main Street
  • Viewed: 15
  • Price: $420,000
  • Price sqft: $124
  • Waterfront: No
  • Year Built: 1946
  • Bldg sqft: 3382
  • Days On Market: 19
  • Additional Information
  • Geolocation: 28.0221 / -81.6153
  • County: POLK
  • City: DUNDEE
  • Zipcode: 33838
  • Subdivision: Dundee
  • Provided by: REAL ESTATE BROKERS USA, INC.
  • Contact: Debbie Bradbury
  • 863-242-6624
  • mfrmls
  • DMCA Notice
  • Description
    Fully occupied multifamily investment opportunity on an oversized corner lot with excellent visibility. This two story apartment building features five units, each with its own electric meter. Each unit offers a one bedroom, one bath layout plus a bonus room that could function as a second bedroom, along with a kitchen and living area. Units are equipped with window A/C units. Tenants pay their own electric, while rent currently includes water and trash. The property is on city water with a septic system approximately 10 years old. Current gross annual income is $51,000, with strong potential for increased returns through renovations and rent adjustments. Additional features include a storage area that could be converted into a shared laundry facility, adding further value and convenience for tenants. Ideal for investors looking to add value and maximize income potential. View a video and navigate a 360 degree interactive virtual tour with zoom in and out capabilities to see how close Downtown Dundee is.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 3352.00
  • Roof: Shingle
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Wall/Window Unit(s)
  • Heating: Electric
  • Road Frontage Type: City Street
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2025
Other Features
  • Appliances: Refrigerator
  • Country: US
  • Legal Description: DUNDEE PB 1 PG 86 BLK 14 LOT 9 N 75 FT & N 75 FT OF 10 & THAT PORTION OF SR 17 RD R/W LYING ADJACENT TO LOT 10 DESC AS COMM AT NW COR LOT 10 RUN E 9.32 FT FOR POB RUN N 3 FT E 34.5 FT S 3 FT W 34.5 FT TO POB
  • Levels: Two
  • Area Major: 33838 - Dundee
  • Parcel Number: 27-28-28-836000-014091
  • Possession: Close Of Escrow
  • Views: 15
  • Zoning Code: R-1A