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608 Dundee Road608 Dundee Road Listing photo id 0 for 608 Dundee Road Listing photo id 1 for 608 Dundee Road Listing photo id 2 for 608 Dundee Road Listing photo id 3 for 608 Dundee Road Listing photo id 4 for 608 Dundee Road Listing photo id 5 for 608 Dundee Road Listing photo id 6 for 608 Dundee Road Listing photo id 7 for 608 Dundee Road Listing photo id 8 for 608 Dundee Road Listing photo id 9 for 608 Dundee Road Listing photo id 10 for 608 Dundee Road Listing photo id 11 for 608 Dundee Road Listing photo id 12 for 608 Dundee Road Listing photo id 13 for 608 Dundee Road Listing photo id 14 for 608 Dundee Road Listing photo id 15 for 608 Dundee Road Listing photo id 16 for 608 Dundee Road Listing photo id 17 for 608 Dundee Road Listing photo id 18 for 608 Dundee Road Listing photo id 19 for 608 Dundee Road Listing photo id 20 for 608 Dundee Road Listing photo id 21 for 608 Dundee Road Listing photo id 22 for 608 Dundee Road Listing photo id 23 for 608 Dundee Road Listing photo id 24 for 608 Dundee Road Listing photo id 25 for 608 Dundee Road Listing photo id 26 for 608 Dundee Road Listing photo id 27 for 608 Dundee Road Listing photo id 28 for 608 Dundee Road Listing photo id 29 for 608 Dundee Road Listing photo id 30 for 608 Dundee Road Listing photo id 31 for 608 Dundee Road Listing photo id 32 for 608 Dundee Road Listing photo id 33 for 608 Dundee Road Listing photo id 34 for 608 Dundee Road Listing photo id 35 for 608 Dundee Road Listing photo id 36 for 608 Dundee Road Listing photo id 37 for 608 Dundee Road Listing photo id 38 for 608 Dundee Road Listing photo id 39 for 608 Dundee Road Listing photo id 40 for 608 Dundee Road Listing photo id 41 for 608 Dundee Road Listing photo id 42 for 608 Dundee Road Listing photo id 43 for 608 Dundee Road Listing photo id 44 for 608 Dundee Road Listing photo id 45 for 608 Dundee Road Listing photo id 46 for 608 Dundee Road Listing photo id 47 for 608 Dundee Road Listing photo id 48 for 608 Dundee Road Listing photo id 49 for 608 Dundee Road Listing photo id 50 for 608 Dundee Road Listing photo id 51 for 608 Dundee Road Listing photo id 52 for 608 Dundee Road Listing photo id 53 for 608 Dundee Road Listing photo id 54 for 608 Dundee Road Listing photo id 55 for 608 Dundee Road Listing photo id 56 for 608 Dundee Road Listing photo id 57 for 608 Dundee Road Listing photo id 58 for 608 Dundee Road Listing photo id 59 for 608 Dundee Road Listing photo id 60 for 608 Dundee Road Listing photo id 61 for 608 Dundee Road Listing photo id 62 for 608 Dundee Road Listing photo id 63 for 608 Dundee Road Listing photo id 64 for 608 Dundee Road Listing photo id 65 for 608 Dundee Road Listing photo id 66 for 608 Dundee Road Listing photo id 67 for 608 Dundee Road Listing photo id 68 for 608 Dundee Road Listing photo id 69 for 608 Dundee Road Listing photo id 70 for 608 Dundee Road Listing photo id 71 for 608 Dundee Road Listing photo id 72 for 608 Dundee Road Listing photo id 73 for 608 Dundee Road Listing photo id 74 for 608 Dundee Road Listing photo id 75 for 608 Dundee Road
  • MLS#: P4937571 ( Commercial Sale )
  • Street Address: 608 Dundee Road
  • Viewed: 17
  • Price: $724,900
  • Price sqft: $184
  • Waterfront: No
  • Year Built: 1986
  • Bldg sqft: 3948
  • Days On Market: 41
  • Additional Information
  • Geolocation: 28.019 / -81.6289
  • County: POLK
  • City: DUNDEE
  • Zipcode: 33838
  • Subdivision: Scenic Heights
  • Provided by: JULIE MATTHEWS GROUP LLC
  • Contact: Kennedy Matthews
  • 863-528-0037
  • mfrmls
  • DMCA Notice
  • Description
    This commercial property with 6 units is an excellent income producer with various land use possibilities that is located on the heavily travelled Dundee Road, leading directly into the fast growing town of Dundee! With a projected income of $8,850 per month, this property yields an astounding return on investment & will pay itself off before you know it. The property is a little over 1/3 of an acre, offering plenty of parking options & features 2 separate buildings: a duplex(1,384 heated Sq FT) & a quadruplex(2,131 heated SQ FT). The duplex has a 2BR/1BA unit, currently leased for $1,500/mo. & a 3BR/1BA unit that has been recently updated, including fresh paint, warm wood laminate flooring, & new stainless steel appliances. This unit has an expected rental amount of $1,850/mo. & is currently vacant for easy showings during the sale. The quadruplex is a well maintained & strong 2 story concrete block building with a new metal roof. The 2 upstairs units have been recently renovated featuring upgraded wood laminate flooring & nice kitchenettes with granite countertops. Both upstairs units are currently leased to the same tenant for $1,250./mo, each. The downstairs units are both currently vacant, & the expected rent for these units is $1,500/mo., each. There is an Ansul System & a grease trap with one of downstairs units, making it ideal for a restaurant type business, although there are all sorts of businesses that would thrive in the space. All together, both buildings feature fresh exterior paint which promotes strong curb appeal. Each building has its own septic system & water meter, with 6 separate electrical meters total: one per unit. Five units are equipped with newe mini split A/C/heat systems, while the duplexs 3/1 unit features central heat & air conditioning. The duplex, originally built in 1925, has an effective year of 1992 per county. The quadruplex was built in 1986 with an effective year of 2000 per county. Whats unique about this property is that you get the best of both worlds, where on one side of the property sits the charming downtown area of Dundee, and on the other side boasts one of Polk Countys major thoroughfares, Hwy 27, that opens you up to the cities of Winter Haven, Lake Wales, & Haines City which are some of the fastest growing in all of Florida! Interested in earning $106,200 a year in passive gross income? Or better yet, why not jump on this opportunity to move your own growing business to this fabulous location w/ an option to conveniently live on site, while still receiving additional income from the other rental units? Schedule a showing to see for yourself just how fast this property could become an easy money maker for you! This property could be subdivided & the duplex building sold separately on it's own at a price of $284,900. The MLS# for this is: P4937607. All measurements are approx & all info should be confirmed by buyer.
Features
Appliances
  1. Refrigerator
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Central Air
  2. Mini-Split Unit(s)
Country
  1. US
Covered Spaces
  1. 0.00
Electric
  1. Separate Meters
Flooring
  1. Ceramic Tile
  2. Laminate
  3. Vinyl
Garage Spaces
  1. 0.00
Heating
  1. Central
  2. Electric
  3. Other
Insurance Expense
  1. 0.00
Legal Description
  1. SCENIC HIEGHTS PB 22 PG 21 LOT 128 & THAT PT OF CLOSED WINTER HAVEN RD LYING SELY OF ABOVE & LYING W OF B B GRAY PROPERTY SUB & LYING N OF SR 542 AS PER OR 8302-2013 LESS R/W PARCEL 185.1 SECTION 16280-000 FOR SR 542 AS DESC IN OR 10129 PG 361
Levels
  1. Two
Living Area
  1. 3515.00
Lot Features
  1. City Limits
  2. Street Lights
  3. Paved
Area Major
  1. 33838 - Dundee
Net Operating Income
  1. 0.00
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 27-28-29-848000-001280
Parking Features
  1. Parking Spaces - 13 to 18
Property Condition
  1. Completed
Property Type
  1. Commercial Sale
Road Frontage Type
  1. County Road
  2. Main Throrughfare
Roof
  1. Metal
  2. Shingle
Sewer
  1. Septic Tank
Tax Year
  1. 2025
Township
  1. 28
Utilities
  1. BB/HS Internet Capable
  2. Electricity Available
  3. Public
  4. Water Connected
Views
  1. 17
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/stellar/P4937571
Water Source
  1. Public
Year Built
  1. 1986
Zoning Code
  1. C-1