For Sale
$635,000
608 Dundee Rd Dundee, FL 33838
Six-unit income property, prime location.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 137
Highlights
- Multi-building commercial property on .34 acres at Dundee Rd & US 27, featuring a 2,131 SF two-story building and a 1,384 SF duplex, both renovated.
- Two-story building: Four units (two occupied by a church below market rent), two renovated studio apartments upstairs; new roof and mini-split AC units (2023); four electric meters; owner pays water.
- Duplex: Two units (one 3/1, one 2/1); one unit fully renovated with new mini-split AC, the other with a 2014 AC unit; shared washer/dryer; two electric meters; tenants share water costs.
- Current monthly income: $3,050 (two vacant units); pro forma monthly income: $7,050 ($84,600 annually).
- Annual expenses: Property taxes $4,623; insurance (two-story building) $3,351; water $900; lawn maintenance $840; owner handles repairs.
- CC zoning allows for potential retail redevelopment; high visibility location on four-lane Dundee Rd, near US Hwy 27 and Dundee Ridge Shopping Plaza (including Winn-Dixie).
Property Details for 608 Dundee Rd
- Property type
- Retail properties, Retail space
- Square Feet
- 3,515 SF
- Year Built
- 1986
- Buildings
- 2
- Stories
- 2
- Lot Size (sq. ft)
- 14,810 SF
- Units
- 6
Location Insight
- City
- Dundee
- County
- Polk
- State
- Florida
- Latitude
- 28.0190307
- Longitude
- -81.6288785
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - Six-unit income property, prime location.
- Where is the retail property located?
- The property is located at 608 Dundee Rd Dundee, FL.
- What is the asking price?
- The asking price for this property is $635,000.
- What are key features of this property?
- This property features: Multi-building commercial property on .34 acres at Dundee Rd & US 27, featuring a 2,131 SF two-story building and a 1,384 SF duplex, both renovated.; Two-story building: Four units (two occupied by a church below market rent), two renovated studio apartments upstairs; new roof and mini-split AC units (2023); four electric meters; owner pays water.; Duplex: Two units (one 3/1, one 2/1); one unit fully renovated with new mini-split AC, the other with a 2014 AC unit; shared washer/dryer; two electric meters; tenants share water costs.
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