6900 Miami Drive

6900 Miami Drive

Lake Wales, FL 33898

$550,000
Price
4
Beds
3,264 Sq. Ft.
$169 / Sq. Ft.
3,264
Sq. Ft.
$169
per Sq. Ft.

Pending

Pending

an aerial view of a house with swimming pool garden and patio
an aerial view of a house with backyard space and garden
a front view of a house with garden
a front view of a house with garden
a aerial view of a house with a yard
a front view of a house with garden
an aerial view of a house with a garden
a front view of a house with a yard table and chairs
an aerial view of a house with a garden
a living room with furniture a window and a ceiling fan
a living room with furniture and a window
a dining room with furniture and window
a living room with furniture
a living room with furniture a flat screen tv and a fireplace
a living room with furniture a flat screen tv and a fireplace
a living room with furniture rug and wooden floor
a bedroom with a bed and a dresser with the shoe rack
a view of a dining room with furniture and window
a living room with furniture and a chandelier
a kitchen with stainless steel appliances granite countertop a sink stove and refrigerator
a kitchen with granite countertop a sink and a stove
a view of a kitchen counter space and wooden floor
a kitchen with stainless steel appliances a sink stove and cabinets
a kitchen with stainless steel appliances a sink a stove and a refrigerator
a kitchen with a refrigerator a stove and wooden floor
a living room with furniture rug and window
a living room with furniture and a flat screen tv
a living room with furniture and wooden floor
a bedroom with a bed rug and wooden floor
a bathroom with a sink toilet and mirror
a bedroom with a bed and wooden floor
a front view of a house with a garden
a view of a house with backyard and sitting area
a view of front of house with a yard
an aerial view of a house with a garden and swimming pool
a aerial view of a house with a yard
a view of a house with a yard patio and sitting area
an aerial view of a house with a yard and outdoor seating

Description

Under contract-accepting backup offers. The Twin Palms Apartments is a 4-unit apartment community in Lake Wales, Florida. Consisting of two rock-solid masonry buildings on 1 parcel totaling nearly half an acre, the property features new roofs, large updated units, lush tropical landscaping, and a huge courtyard / BBQ area, lined with new pavers & a pergola. Located in Polk County, the fastest growing County in Florida and 7th fastest in the Nation, the property is an excellent opportunity to acquire...Under contract-accepting backup offers. The Twin Palms Apartments is a 4-unit apartment community in Lake Wales, Florida. Consisting of two rock-solid masonry buildings on 1 parcel totaling nearly half an acre, the property features new roofs, large updated units, lush tropical landscaping, and a huge courtyard / BBQ area, lined with new pavers & a pergola. Located in Polk County, the fastest growing County in Florida and 7th fastest in the Nation, the property is an excellent opportunity to acquire a low maintenance multifamily asset that qualifies for residential financing! Property is fully occupied. Do not disturb tenants.
  1. Listed by Kyle Keelan • THE MULTIFAMILY FIRM LLC
  2. Listed by Phil Ginexi • THE MULTIFAMILY FIRM LLC

Property Details for 6900 Miami Drive

Subdivision Name
INDIAN LAKE ESTATES
Township
31
Waterfront
No

Location

Listing Courtesy of THE MULTIFAMILY FIRM LLC, Kyle Keelan; THE MULTIFAMILY FIRM LLC, Phil Ginexi
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LISTING UPDATED: 04/26/2024 12:07 PM

Property Details for 6900 Miami Drive

StatusPending
MLS #A4588077
Days on Market172
Taxes$2,589 / year
HOA Fees$347 / year
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1959
Lot Size0.44 AC / 19,249 SF
CountyPolk County

Location

Listing Courtesy of THE MULTIFAMILY FIRM LLC, Kyle Keelan; THE MULTIFAMILY FIRM LLC, Phil Ginexi
Add your commute

Building Information for 6900 Miami Drive

Stories-Residences4Year Built1959Building Size-Lot Size0.44 AC / 19,249 SF

Payment Calculator

$3,246 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,002

Property Taxes

$216

HOA Dues

$29

The Payment Calculator is for illustrative purposes only.

Property Information for 6900 Miami Drive

Summary
Location and General Information
  • Building Area Units: Square Feet
  • Directions: Exit Hesperides Rd east bound on Deland Ave, take a left turn on Park Ave then take a left turn on Daytona Dr, continue down the road to Miami Dr. Property will be on the right hand side.
  • Mls Major Change Type: Pending
  • Major Change Type: Pending
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 6900
  • Street Name: MIAMI
  • Street Suffix: DRIVE
  • State: FL
  • City: LAKE WALES
Parking
  • Carport: No
  • Garage: No
Taxes and HOA Information
  • Association Fee Requirement: Required
  • Association Name: Elizabeth Jewell
  • Association Phone: (863) 692-1433
  • Association: Yes
  • CDD: No
  • Tax Block: 318
  • Tax Book Number: 40-14
  • Tax Legal Description: INDIAN LAKE ESTS UNIT 10 SEC 4/9 31 30 PB 40 PG 14 BLK 318 LOT 1 THAT PART DESC AS BEG AT MOST NLY COR RUN S 44 DEG 10 MIN 35 SEC E 198.05 FT S 76 DEG 37 MIN 40 SEC W 137.83 FT N 43 DEG 50 MIN 50 SEC W 127.47 FT N 45 DEG 49 MIN 25 SEC E 117.65 FT TO POB
  • Tax Lot: 1
  • Tax Year: 2022
Property
Lot Information
  • Additional Parcels: No
  • Lot Size Dimensions: 169x118
  • Parcel Number: 30-31-04-994100-031807
  • Total Acreage: 1/4 to less than 1/2
  • Total Num Buildings: 2
  • Water Access: No
  • Water Extras: No
  • Zoning: PUD
  • Living Area: 3264
  • Lot Dimensions: 169x118
Property and Assessments
  • Year Built Numeric: 1959
  • Flood Zone Code: X
  • New Construction: No
  • Public Survey Range: 30
  • Public Survey Section: 04
Utilities
  • Sewer: Septic Tank
  • Utilities: Electricity Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Concrete
  • Exterior Features: Courtyard
  • Foundation Details: Slab
  • Levels: One
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 4
  • Cooling: Wall/Window Unit(s)
  • Fireplace: No
  • Heating: Wall Units / Window Unit
  • Interior Features: Ceiling Fans(s)
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Expenses: $10,566
  • Annual Net Income: $40,434.00
  • Est Annual Market Income: $57,900.00
  • Gross Income: $51,000
  • Unit Count: 4
Unit 1
  • Unit Type Baths Total 1: 1
  • Unit Type Beds Total 1: 1
  • Unit Type Heated Sq Ft 1: 816
  • Unit Type Pro Forma 1: 1225
  • Unit Type Type 1: 1 Bed/1 Bath
  • Unit Type Units Total 1: 1
Unit 2
  • Unit Type Baths Total 2: 1
  • Unit Type Beds Total 2: 1
  • Unit Type Heated Sq Ft 2: 816
  • Unit Type Number Of Units Occupied 2: 1
  • Unit Type Pro Forma 2: 1200
  • Unit Type Type 2: 1 Bed/1 Bath
  • Unit Type Units Total 2: 1
Unit 3
  • Unit Type Baths Total 3: 1
  • Unit Type Beds Total 3: 1
  • Unit Type Heated Sq Ft 3: 816
  • Unit Type Number Of Units Occupied 3: 1
  • Unit Type Pro Forma 3: 1200
  • Unit Type Type 3: 1 Bed/1 Bath
  • Unit Type Units Total 3: 1
Unit 4
  • Unit Type Baths Total 4: 1
  • Unit Type Beds Total 4: 1
  • Unit Type Heated Sq Ft 4: 816
  • Unit Type Number Of Units Occupied 4: 1
  • Unit Type Pro Forma 4: 1200
  • Unit Type Type 4: 1 Bed/1 Bath
  • Unit Type Units Total 4: 1
Rental
Rental Information
  • Tenant Pays: Electricity
  • Total Actual Rent: $4,250
  • Pets Allowed: No

Property History for 6900 Miami Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 6900 Miami Drive

Taxable ValueLand$7,200Additions$82,644Total$89,844
Tax Record2023$1,181 ($98 / month)
Home Facts
Total Finished SqFt1,632 SqFtAbove Grade Finished SqFt1,632 SqFtStories2Lot Size19,249 SqFtStyleMulti-Family Dwelling (2-4)Year Built1959Year Renovated1971ZoningPUDCountyPOLKAPN303104994100031807

Schools near 6900 Miami Drive

This home is within Polk.
Rating
School
Type
Grades
Distance
Mclaughlin Middle School And Fine Arts Academy
Public - PK to 8
Bartow Elementary Academy
Public - K to 5
Ben Hill Griffin Jr Elementary School
Public - 3 to 5
Union Academy
Public - 6 to 8
Rating
School
Distance
Mclaughlin Middle School And Fine Arts Academy
PublicPK to 8

Bartow Elementary Academy
PublicK to 5

Ben Hill Griffin Jr Elementary School
Public3 to 5

Union Academy
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 descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of THE MULTIFAMILY FIRM LLC, Kyle Keelan; THE MULTIFAMILY FIRM LLC, Phil Ginexi

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: 04/26/2024 12:07 PM