6900 Miami DrIndian Lake Estates, FL 33855
- Residential income properties
- 3,264 SF
Property Details for 6900 Miami Dr
- Year built
- 1959
- Property size (Sq ft)
- 3,264 SF
- Property type
- Residential income properties
- Property subtype
- Multifamily properties
Description
This exceptional four-unit apartment building presents a compelling investment opportunity in Indian Lake Estates, Florida. Located at 6900 Miami Dr, 33855, this property consists of two, two-unit buildings constructed in 1959 from concrete block with pitched shingle roofs (replaced approximately four years ago). Each unit offers a spacious one-bedroom, one-bathroom layout. The 3,264 square foot property sits on a 0.44-acre lot and is zoned PUD (Planned Unit Development). All units feature recently updated water heaters. Tenant-paid electricity (sub-metered) and city-supplied water (landlord-paid) simplify management. A recently renovated septic system ensures efficient waste disposal. A convenient laundry room is located in one building, and the property also includes water and sewage hookups for RVs. This multifamily investment is eligible for residential financing, making it an attractive option for buyers seeking a stable income stream. The property offers a large courtyard for tenant use. This well-maintained property provides a solid foundation for a successful investment.
Location Insight
- City
- Indian Lake Estates
- County
- Polk
- State
- Florida
- Latitude
- 27.8079
- Longitude
- -81.3206
Comparable in this City
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