1051 Spirit Lake Rd

Winter Haven, FL 33880

$750,000
Last Sold Price
—
Beds
—
Baths
6,188 Sq. Ft.
$121 / Sq. Ft.
6,188
Sq. Ft.
$121
per Sq. Ft.
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Sold 11/18/21
Sold 11/18/21

Description

Brand New Price! Finding a solid investment property may be very difficult at this time. Here is an opportunity to enhance your real estate portfolio with a 7 unit property with very low vacancy rate. There are two buildings. The two story building are all 2 bedrooms and 1 and 1 half bath each unit. The one story building has 2 - 2 bedroom 1 bath apartments and 1 - 1 bedroom 1 bath apartment. The great thing about this investment is that all the utilities are separate. The tenants pay for their own...Brand New Price! Finding a solid investment property may be very difficult at this time. Here is an opportunity to enhance your real estate portfolio with a 7 unit property with very low vacancy rate. There are two buildings. The two story building are all 2 bedrooms and 1 and 1 half bath each unit. The one story building has 2 - 2 bedroom 1 bath apartments and 1 - 1 bedroom 1 bath apartment. The great thing about this investment is that all the utilities are separate. The tenants pay for their own water and electric. The location of this property is great for commuters with easy access to county road 540. The Publix, CVS and restaurants are all within a short distance to the property. The property has an extra lot which you can potentially build an additional 4 units. All seven units have been upgraded and all seven AC units have been replaced in the last 5 years. Good, solid investment with great potential. Call me today for more information.
  1. Listed by Jose De Jesus • RELIABLE PROPERTY MGMT & SALES

Property Details for 1051 Spirit Lake Road

Subdivision Name
JAN PHYL VILLAGE
Township
28
Waterfront
No
LISTING CLOSED: 11/18/2021 12:00 AM

Property Details for 1051 Spirit Lake Road

StatusSold
MLS #S5050001
Days on Market110
Taxes$8,183 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeCommercial Sale / Multi-Family
Year Built1982
Lot Size1.24 AC / 54,014 SF
CountyPolk County
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Location

Listing Courtesy of RELIABLE PROPERTY MGMT & SALES, Jose De Jesus

Sold By RENT IT NETWORK, Dillon Cook

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Building Information for 1051 Spirit Lake Road

Stories-Residences7Year Built1982Building Size-Lot Size1.24 AC / 54,014 SF

Payment Calculator

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$4,419 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,737

Property Taxes

$682

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1051 Spirit Lake Road

Summary
Location and General Information
  • Building Area Source: Estimated
  • Building Area Total: 7200.0
  • Building Area Units: Square Feet
  • Directions: From Lakeland take county road 540 towards Winter Haven and make a left on Spirit Lake, first entrance on the left.
  • Mls Major Change Type: Sold
  • Major Change Type: Closed
  • Listing Service: Full Service
  • Road Frontage Type: Business District, State Road
  • Unit Number: No
  • Street Number: 1051
  • Street Name: SPIRIT LAKE
  • Street Suffix: ROAD
  • State: FL
  • City: WINTER HAVEN
Parking
  • Parking Features: 19 to 30 Spaces
Taxes and HOA Information
  • Management: Professional Off Site
  • Property Manager: Jose De Jesus
  • Property Manager Phone: 407-744-4835
  • Tax Block: 13
  • Tax Book Number: 36-28
  • Tax Legal Description: JAN PHYL VILLAGE UNIT 1 PB 36 PGS 28 & 29 COMM SE COR LOT 1 BLK 13 OF LK THOMAS ESTS UNIT NO. 4 AS REC IN PB 60 PG 7 FOR POB RUN N 60 DEG 36'57"W 248.01 FT S 38 DEG 00'34"W 99.98 FT S 61 DEG 36'57"E 248.01 FT TO W-R/W SPIRIT LAKE RD NELY ALONG CURVE ON R/W 100 FT TO POB LESS R/W FOR SR 540 AS DESC IN OR 3690-2112 & WINTER LAKE MANOR ADDITION PB 76 PG 38 LOT 8
  • Tax Lot: 1
  • Tax Year: 2020
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Parcel Number: 25-28-25-354200-001390
  • Total Acreage: 1 to less than 2
  • Total Num Buildings: 2
  • Water Access: No
  • Water Extras: No
  • Zoning: C-3
  • Living Area: 6188
Property and Assessments
  • Year Built Numeric: 1982
  • Flood Zone Code: X
  • Flood Zone Date: 12-22-2016
  • Flood Zone Panel: 12105C0345G
  • Net Operating Income: $47,372
  • New Construction: No
  • Public Survey Range: 25
  • Public Survey Section: 25
Utilities
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Capable, Electricity Available, Phone Available, Public
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Wood Frame
  • Foundation Details: Slab
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Appliances: Dishwasher, Microwave, Refrigerator
  • Ceiling Height: 8 to 9 Feet
  • Ceiling Type: Drywall
  • Cooling: Central Air
  • Flooring: Carpet, Ceramic Tile
  • Heating: Central Individual
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Expenses: $29,183
  • Annual Income Type: Projected
  • Gross Scheduled Income: $72,800

Property History for 1051 Spirit Lake Road

DateEvent & SourcePriceAppreciation
Nov 18, 2021

Sold

MFRMLS #S5050001

$750,000—
Nov 12, 2021

Sold (Public Record)

Public Record #1477554173

$750,000

+10.4% / yr

Aug 25, 2021

Pending

MFRMLS #S5050001

$799,000—
DateEvent & SourcePrice
11/18/2021

Sold

MFRMLS #S5050001

$750,000
11/12/2021

Sold (Public Record)

Public Record #1477554173

$750,000

+10.4% / yr

08/25/2021

Pending

MFRMLS #S5050001

$799,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1051 Spirit Lake Road

Taxable ValueLand-Additions-Total-
Tax Record2025$9,784 ($815 / month)
Home Facts
Total Finished SqFt4,080 SqFtAbove Grade Finished SqFt4,080 SqFtStories2Lot Size54,058 SqFtStyleMulti-Family Dwelling (2-4)Year Built1982Year Renovated1993ZoningC-3CountyPOLKAPN252825354200001390

Schools near 1051 Spirit Lake Road

This home is within Polk.
Rating
School
Type
Grades
Distance
Frank E. Brigham Academy
Public - PK to 5
Lake Shipp Elementary School
Public - PK to 5
Jewett School Of The Arts
Public - PK to 8
Jewett Middle Academy Magnet
Public - 6 to 8
Rating
School
Distance
Frank E. Brigham Academy
PublicPK to 5

Lake Shipp Elementary School
PublicPK to 5

Jewett School Of The Arts
PublicPK to 8

Jewett Middle Academy Magnet
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RELIABLE PROPERTY MGMT & SALES, Jose De Jesus

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 11/18/2021 10:30 AM