Price $1,200,000.00
Listing ID P4929989
Status For Sale
Address
Map
204 BENNETT STREET NE
Area WINTER HAVEN
Beds
Baths
Square Ft 6,511
Lot Size 86,183
Year Built 1970
Taxes $6,447

Description

Winter Haven Income Investment Opportunity with potential for growth, expansion, rent increase, and even redevelopment.  This 1.98+/- acre property consists of 9 fully rented single family homes with an onsite caretaker. Each unit consists of 667+/- Sq Ft to 768 +/- Sq ft with 2 beds 1 bath.  R-3 Zoning allows for a maximum of 10 units per 1 acre meaning there is potential for 19 units on this 1.98+/- Acre plot of land. The new owner could also have the option of building up to four stories, building larger units, and even an apartment complex.  Across the street from Lake Maude, some tenants here can enjoy a lake view, a quick trip to Lake Maude Recreation Park, or even a delicious meal at Big Daddy's BBQ.    All uses, zoning, and development plans to be verified by the county by buyer.  DO NOT DISTURB TENANTS.


Features

  • Cooling
  • Heating
  • Fireplace
  • View
  • Waterfront
  • Garage
  • Association

Map Location

Copyright 2020 Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. Miami Association of Realtors MLS data last updated on 5/24/2024 1:00:00 AM