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211 N Lake Silver Dr NW
Winter Haven, FL 33881

Multifamily Property For Sale · 12 Units

INVESTMENT HIGHLIGHTS

  • Lakefront
  • `2 Buildings
  • 250ft Frontage on Lake Silver

EXECUTIVE SUMMARY

Great opportunity to own this lake front income producing property with future development opportunities. Great cash flowing property in Winter Haven FL 33881. Fully rented, great opportunity to earn income immediately. Good rental area, easy and fast to rent. Long-term tenants and have a history of on-time payment. 12 Total 2 story apartment units consisting of two buildings. 2 Bedrooms and 1.5 Bathrooms each measuring approx. 935 sqft. with screened private patio or balcony. Plenty of parking plus attached storage building with a great view of Lake Silver. Chain link & picket fencing surround entire property. 2020 - Both buildings have been updated with many upgrades: New roofing throughout property, 950-Yr. Limited Warranty - Architectural Shingles. New exterior Hardee Board and paint. Situated on 1.52 acre lot with additional .16 acre lakefront lot. Attractive front entrance with potential to add additional 15 units. All units are well maintained – most have tile flooring, includes central A/C and washer/dryer hookups. Each unit is separately metered and billed for electricity and water. Owner pays fixed operating expenses. Located next to WH Police Dept, few steps from Lake Silver Park, public bus stop, schools, groceries stores, restaurants & much more. Beautiful waterfront property is a must for any investor portfolio. Call today for a private showing. 24-hour notice required.

PROPERTY FACTS

No. Units 12
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 1.68 AC
Building Size 11,212 SF
Average Occupancy 92%
No. Stories 2
Year Built 1977
Parking Ratio 2.58/1,000 SF
APN / Parcel ID
26-28-20-559000-000140
  • 26-28-20-559000-000180

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+2 12 $925.00 925

AMENITIES

UNIT AMENITIES

  • Air Conditioning

ZONING

Zoning Code R-3, Winter Haven (Great opportunity to own this lake front income producing property with future development opportunities. Great cash flowing property in Winter Haven.)
  • Listing ID: 22013545

  • Date on Market: 1/19/2021

  • Last Updated:

  • Address: 211 N Lake Silver Dr NW, Winter Haven, FL 33881