Active
12 beds9 baths3,792 sqft$224/sqft
1210 State 17 Rd S, Dundee, FL 33838
Est: $5,554/moGet pre-approved
Multi FamilyProperty Type
1.32 acresLot Size
1947Year Built
$224/sq ftPrice per sq ft

Description

Lake Josephine Apartments is a 9-unit waterfront multifamily asset sitting directly on the shoreline in Dundee, FL. A rare lakefront offering. The property has a balanced unit mix of three studios, three 1BR/1BA, and three 2BR/1BA units across 3,792 SF of concrete block construction on a 1.32-acre lot. In-place rents currently sit below market on multiple units, leaving a clear path to grow returns further without renovation risk. With the landlord covering electric, water, sewer, and trash, operations...Lake Josephine Apartments is a 9-unit waterfront multifamily asset sitting directly on the shoreline in Dundee, FL. A rare lakefront offering. The property has a balanced unit mix of three studios, three 1BR/1BA, and three 2BR/1BA units across 3,792 SF of concrete block construction on a 1.32-acre lot. In-place rents currently sit below market on multiple units, leaving a clear path to grow returns further without renovation risk. With the landlord covering electric, water, sewer, and trash, operations are simple and tenant turnover is straightforward

This property’s unique waterfront location enhances its appeal, offering tenants a serene living environment while also providing significant potential for investors looking to capitalize on the property’s natural setting and strong rental demand in Dundee. Lake Josephine Apartments combines solid construction, a diverse unit mix, and an unbeatable lakeside location, making it an exceptional investment opportunity in the heart of Polk County. Disclaimer: one unit is non-conforming
89 days on Market
  • Listed by: Tito Urbano Perez 407.907.0350 tito@theaptbrokers.com Brokerage DRE #1030553 • FLORIDA REALTY INVESTMENTS
Last updated: 08/24/2026 11:58 AM • Source: MFRMLS, MLS#: TB8514488

Location

Listing Courtesy of FLORIDA REALTY INVESTMENTS, Tito Urbano Perez
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Payment Calculator

$5,554 per month

30 year fixed, 6.55% Interest

Principal and Interest

$4,315

Property Taxes

$1,238

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1210 State 17 Road South

Property Details
  • Taxes: $14,861 / year
  • MLS Type: Residential Income / Quadruplex
  • County: Polk County
  • Subdivision Name: FLA HIGHLANDS CO SUB
  • Township: 28
  • Waterfront: Yes
  • Water View: Lake
Building Information
  • Year Built: 1947
  • Lot Size: 1.32 AC / 57,521 SF
Summary
Location and General Information
  • Building Area Units: Square Feet
  • Directions: Dundee, FL
  • Mls Major Change Type: Price Decrease
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 1210
  • Street Name: STATE 17
  • Street Suffix: ROAD
  • Street Direction Suffix: S
  • State: FL
  • City: DUNDEE
Parking
  • Carport: No
  • Garage: No
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Book Number: 1-87
  • Tax Legal Description: FLA HIGHLANDS CO SUB OR LAKE JOSEPHINE VILLA LOTS PB 1 PG 87 LOTS 5 & 6 PART DES AS COMM SE COR LOT 6 RUN N 17 DEG 30 MIN 04 SEC W 130 FT S 72 DEG 25 MIN 43 SEC W 228.25 FT FOR POB RUN S 72 DEG 25 MIN 43 SEC W 246.34 FT N 01 DEG 37 MIN 51 SEC W 75.4 FT N 06 DEG 33 MIN 10 SEC W 133.81 FT N 63 DEG 18 MIN 04 SEC E 201.42 FT TO R/W SELY ALONG R/W 63.96 FT S 03 DEG 22 MIN 20 SEC E 228.36 FT TO POB
  • Tax Lot: 6
  • Tax Year: 2025
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Lot Size Dimensions: 150 x 220
  • Parcel Number: 272827835520000054
  • Total Acreage: 1 to less than 2
  • Total Num Buildings: 1
  • Water Access: Lake
  • Water Access: Yes
  • Water Extras: No
  • Living Area: 3792
  • Lot Dimensions: 150 x 220
Property and Assessments
  • Year Built Numeric: 1947
  • Flood Zone Code: X
  • New Construction: No
  • Public Survey Range: 27
  • Public Survey Section: 27
  • Dock YN: No
Utilities
  • Sewer: Septic Needed
  • Utilities: Electricity Connected, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Concrete, Wood Frame
  • Exterior Features: None
  • Foundation Details: Slab
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Features: Lake Front
  • Waterfront Feet Total: 50
Interior Features
  • Bedrooms Total: 12
  • Cooling: Wall/Window Unit(s)
  • Fireplace Features: Masonry
  • Fireplace: Yes
  • Heating: Electric
  • Interior Features: Ninguno
  • Laundry Features: None
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: Yes
Multi Family
Multi-Family Information
  • Annual Expenses: $35,761
  • Annual Net Income: $77,327.85
  • Gross Income: $110,067
  • Unit Count: 2
Rental
Rental Information
  • Tenant Pays: Electricity

Property History for 1210 State 17 Road South

DateEvent & SourcePriceAppreciation
Jul 29, 2026

Price Change

MFRMLS #TB8514488

$849,000
Jun 1, 2026

Listed (Active)

MFRMLS #TB8514488

$899,000
DateEvent & SourcePrice
07/29/2026

Price Change

MFRMLS #TB8514488

$849,000
06/01/2026

Listed (Active)

MFRMLS #TB8514488

$899,000

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

Schools near 1210 State 17 Road South

This home is within Polk.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - PK to 5
Public - PK to 8
Rating
School
Distance
Elbert Elementary School
PublicPK to 5

Bethune Academy
PublicPK to 5

Dundee Elementary School
PublicPK to 5

Davenport School Of The Arts
PublicPK 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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1210 State 17 Road South is a multi-family home for sale in Dundee, FL 33838. This property was listed for sale on June 1, 2026 by FLORIDA REALTY INVESTMENTS, it's currently listed at $849,000. This listing's school district is Polk. Nearby schools include Elbert Elementary School, Bethune Academy and Dundee Elementary School. 1210 State 17 Road South is a 12-bed, 9-bath, 3,792 sqft multi-family home built in 1947.

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. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of FLORIDA REALTY INVESTMENTS, Tito Urbano Perez

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: 08/24/2026 11:58 AM