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$675,000
8 Beds 8 Baths O6434625 MLS
Investment Opportunity – 1962 Crystal Grove Drive **Fantastic investment opportunity!** This **4-unit multifamily building** offers an excellent opportunity for investors looking to add an income-producing property to their portfolio. Each unit features a desirable **2-bedroom, 2-bathroom layout**, providing comfortable living space and strong rental appeal. **Two of the four units are currently tenant occupied**, generating **$1,500 per month per occupied unit**, providing immediate rental income while leaving additional potential to maximize the property's overall income. The four-unit configuration offers flexibility for an investor looking to build long-term cash flow and benefit from the continued demand for rental housing. The property's location adds to its investment appeal, with convenient access to everyday shopping, restaurants, schools, parks, and major roadways. Residents can enjoy nearby outdoor recreation, including opportunities for walking, biking, fishing, boating, and exploring Florida's natural surroundings. The area also offers easy access to local entertainment, dining, and shopping, making it an attractive location for both current and future tenants. Nearby attractions and recreational destinations provide plenty of options for enjoying the Florida lifestyle. Whether you're an experienced investor or looking for your first multifamily investment, **1962 Crystal Grove Drive** presents an exciting opportunity with **four 2-bedroom, 2-bathroom units**, existing rental income, and additional potential to increase occupancy and cash flow. **Four units. Strong rental potential. Two units currently producing $1,500/month each. Don't miss this opportunity to add a versatile multifamily property to your investment portfolio!**

1962 Crystal Grove Drive, Lakeland

Listing courtesy of TRUDEALS REALTY CORP. 833-878-3325

$605,575
32 Beds 32 Baths TB8539169 MLS A BLDG.
Solid block fourplex in Auburndale (Lake Hart Estates) offering strong current cash flow and clear value-add upside. With lake views in front of Lake Ariana and in Flood Zone X. 4 units, each 2 bed / 1 full + 1 half bath, totaling 4,352 sq ft. Currently fully occupied with total gross rents of $5,300/month ($63,000 annually). Current leases: • Unit 201 – $1,350 – expires 11/30/26 • Unit 205 – $1,300 – expires 9/1/27 • Unit 209 – $1,300 – expires 4/30/27 • Unit 213 – $1,350 – expires 5/31/27 Tenants pay all utilities. 2025 taxes: $5,982 | Insurance: $5,910 | Lawn: $80/mo. Rents are slightly below market, providing upside potential with unit updates. Solid brick construction, new development next door, and desirable location. Showing Instructions: 48-hour notice required. Property is fully occupied. Please coordinate all showings in advance.

201 Century Boulevard Unit A, Auburndale

Listing courtesy of BIG GUAVA REALTY. 727-404-1015

$670,000
16 Beds 16 Baths O6433196 MLS
GREAT INCOME-PRODUCING INVESTMENT OPPORTUNITY IN THE HEART OF LAKELAND! Located at 901 Pennsylvania Ave, this well-positioned fourplex offers investors the opportunity to own a multi-family property in the highly desirable Lake Morton Historic District. The property consists of 4 spacious 1-bedroom, 1-bath units, each approximately 900 square feet, offering a highly rentable layout and strong long-term income potential. The property maintains much of its original Florida character, including original hardwood floors, solid wood doors, and charming architectural details rarely found in newer construction. Units also feature additional touches such as washer/dryer accommodations, sunrooms adding to their appeal and rental potential. LOCATION IS A MAJOR HIGHLIGHT. The property is conveniently situated near Florida Southern College, Lake Morton, Downtown Lakeland, the public library, museums, restaurants, shopping, entertainment, and major roadways. Its central location provides excellent access to many of Lakeland's most desirable destinations while placing tenants close to employment, education, recreation, and everyday conveniences. Whether you're looking to expand an existing rental portfolio, enter the multifamily investment market, or acquire a long-term income-producing asset, 901 Pennsylvania Ave offers an excellent combination of location, character, multiple rental units, and future income potential. 4 units. 1 property. Multiple income streams. A great opportunity to invest in one of Lakeland's established neighborhoods.

901 Pennsylvania Avenue, Lakeland

Listing courtesy of LIST-A-HOUSE REALTY, LLC. 954-292-4012

$3,400,000
28 Beds 28 Baths TB8535686 MLS
Sunset West Apartments, is a newer construction, 15-unit garden-style multifamily community built in 2021, located at 750 Avenue C SW in Winter Haven, FL (Polk County). The property consists of two two-story buildings totaling 16,012 SF on a 0.73-acre lot zoned R-4. As newer 2021 construction, the asset offers modern build quality and a low-maintenance profile rarely found in the local multifamily inventory. The buildings feature slab foundations, wood-frame exterior walls, and pitched shingle roofs, with central AC in every unit. Electricity is separately metered and paid directly by tenants, and the property is served by city water and sewer. The unit mix offers strong variety across renter profiles: six one-bedroom/one-bath units (670–864 SF), five two-bedroom/two-bath units (1,179 SF), and four spacious three-bedroom/three-bath units (1,523 SF). Interiors feature modern finishes throughout, including wood-look plank flooring, white shaker-style cabinetry, stainless steel appliances, and contemporary bathrooms. Every unit is equipped with a dishwasher and an in-unit washer and dryer — a full-amenity offering that supports premium rents and tenant retention in a submarket where in-unit laundry remains scarce. Located in the heart of Winter Haven within Central Florida's growing I-4 corridor region, Sunset West is a rare opportunity to acquire recently built, professionally designed multifamily product in a market dominated by older-vintage stock.

750 Ave C Sw, Winter Haven

Listing courtesy of FLORIDA REALTY INVESTMENTS. 407-207-2220

$850,000
8 Beds 4 Baths L4963370 MLS
Must-see historic Lakeland quadruplex in the sought-after South Lake Morton Historic District. This rare 1920s income-producing property blends timeless architectural character with thoughtful modern updates, offering an exceptional opportunity in one of Lakeland’s most desirable locations. Ideally situated near Lake Hollingsworth, this fully rented quadruplex provides steady rental income and strong long-term appeal. A brand-new roof was installed in March 2026, adding valuable peace of mind for the next owner. Each of the four units features two bedrooms and one bathroom, offering comfortable living spaces with abundant natural light, practical storage, and a welcoming atmosphere tenants will appreciate. Thoughtful updates include renovated kitchens with contemporary appliances, fresh interior paint, newer carpeting, individual refrigerators, ranges, water heaters, and air conditioning systems. All utilities are separately metered for efficient management and transparency. While updated for modern convenience, the property preserves its original charm with classic wall casing, crown molding, built-ins, and period details that reflect the character of Lakeland’s historic neighborhoods. Residents enjoy desirable amenities including separate washer and dryer hookups located outside the living areas, assigned covered carport parking, and private outdoor decks for each unit—perfect for relaxing or entertaining. The location further enhances the property’s appeal, placing residents just blocks from beloved local destinations such as Cob & Pen, Concord Coffee, The Peach House, Patio 850, and the scenic Lake Hollingsworth area. With its combination of historic character, modern updates, private outdoor spaces, covered parking, and a prime central Lakeland location, this quadruplex stands out as a compelling investment property. Opportunities like this are rare in the South Lake Morton Historic District. Don’t miss your chance to own a distinctive piece of Lakeland history with income potential and lasting appeal.

211 E Park Street, Lakeland

Listing courtesy of EXP REALTY LLC. 888-883-8509

$299,999
TB8525074 MLS
Excellent investment opportunity in the heart of Lake Wales! This fully occupied (with one vacant unit ready for lease or owner use) 4-unit multifamily property offers immediate income potential with value-add upside. The property consists of four separate units with a desirable tenant mix. Unit 1 is leased through October 17, Units 2 and 4 are on month-to-month leases, providing flexibility for future rent adjustments, and Unit 3 is currently vacant, making it ideal for an owner-occupant or to lease at current market rates. Conveniently located near shopping, dining, schools, and major roadways, this property is well-positioned for long-term rental demand. Whether you're looking to expand your investment portfolio or start generating rental income, this multifamily property offers a great combination of cash flow, flexibility, and future potential. Property is occupied, please do not approach the property without coordinating with LA.

130 D Street Unit 1,2,3,4, Lake Wales South

Listing courtesy of MERIDIAN RESIDE. 727-777-6676

$4,654,000
42 Beds 40 Baths O6415577 MLS 5 BLDG.
Under Construction. Introducing a newly constructed multifamily investment in Davenport, Florida, positioned in one of Central Florida’s most dynamic vacation rental markets. This three-story, 18,132-square-foot property comprises eight luxury townhome-style units with generous layouts and modern finishes that cater to high-demand short-term rental trends, with no stay limits. Designed to attract both leisure and extended-stay guests, the community delivers strong rental potential, enhanced by its close proximity to world-class destinations. Located just 18 minutes from Disney’s Magic Kingdom and within immediate reach of premier shopping, dining, and entertainment venues, this asset is part of the only fully walkable vacation home community in the area. Residents and guests enjoy an exceptional amenity package that includes a clubhouse, resort-style pool, cabanas, tennis and basketball courts, playground, and picnic areas. The property’s thoughtful design, from spacious floorplans to premium interior features, ensures a competitive edge in an area experiencing sustained demand for vacation and investment rental properties. Situated less than an hour from Orlando International Airport, with convenient access to major regional corridors, this offering presents an ideal opportunity for investors seeking strong occupancy, recurring revenue streams, and appreciation potential in a growing corridor of Polk County.

183 Pegasus Street, Davenport

Listing courtesy of STOCKWORTH REALTY GROUP. 407-909-5900

$849,000
12 Beds 9 Baths TB8514488 MLS
The Apartment Brokers present Lake Josephine Apartments 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*

1210 State 17 Road S, Dundee

Listing courtesy of FLORIDA REALTY INVESTMENTS. 407-207-2220

$749,000
6 Beds 12 Baths K4903360 MLS
Exceptional 11-Unit Income Opportunity with Strong Rental Appeal! Don’t miss this unique mixed-unit multifamily property offering a versatile unit mix designed to attract a wide range of tenants and help minimize vacancies. With all 11 units currently occupied and long-term leases in place, this property provides immediate and stable income for the savvy investor. Ideally located with convenient access to schools, shopping, medical facilities, and major travel routes including Hwy 27 and SR 60, tenants enjoy easy north/south/east/west commuting—making this a highly desirable rental location. Recent improvements include a new roof and new septic drainfield, offering added peace of mind and reduced near-term capital expenses. Whether you’re expanding your portfolio or seeking your first solid, income-producing asset, this property checks all the boxes. Private showings are now being scheduled—secure your opportunity today!

315 Ridge Manor Drive, Lake Wales South

Listing courtesy of LEGACY REAL ESTATE CENTER INC. 863-676-0200

$579,000
9 Beds 6 Baths L4958429 MLS
Virtually Staged. Rare opportunity to own a 5-unit multifamily investment property situated on an oversized lot in the rapidly growing and expanding City of Winter Haven. The property consists of three separate buildings, providing flexibility, privacy, and multiple income streams. Currently, three units are leased with one vacant unit available for immediate occupancy or additional rental income potential , air b n b options as well . Recent renovations and updates completed within the past year include a new metal roof, updated HVAC systems, and numerous interior and exterior improvements, helping minimize deferred maintenance and enhance long-term value. Located near shopping, restaurants, schools, medical facilities, and major roadways, this property is positioned in one of Central Florida's strongest and fastest-growing rental markets. The versatile layout presents numerous possibilities for investors seeking cash flow, portfolio expansion, house-hacking opportunities, or potential short-term rental and Airbnb use, subject to local regulations and buyer verification. With strong income potential, multiple buildings, recent capital improvements, and a prime Winter Haven location near attractions, employment centers, and everyday conveniences, this is a unique opportunity to acquire a well-maintained multifamily asset with both immediate income and future upside.

514 Avenue C Ne, Winter Haven

Listing courtesy of BHHS FLORIDA PROPERTIES GROUP. 863-701-2350

$299,900
4 Beds 4 Baths L4944606 MLS
***HUGE PRICE REDUCTION***Looking for an investment opportunity look no further! This triplex also has a detached unit and is nestled on an oversized lot in the heart of Lake Wales just minutes from downtown. The front unit has 1 bedroom and 1 bathroom and is nearly 500 living sq. ft. The rear unit also has 1 bedroom and 1 bathroom with nearly 500 living sq. ft. The third unit is a studio that is roughly 400 living sq. ft. The detached unit has 2 bedrooms and 1 bathroom and is just over 600 sq. ft. All units are occupied with the monthly rents totaling $3,995.00 and an annual gross income of $47,940.00. So call today to get in on the action before this amazing opportunity slips away!

26 W Polk Avenue, Lake Wales South

Listing courtesy of KELLER WILLIAMS REALTY SMART 1. 863-508-3000

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