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Home / Lake Alfred / 640 E GRAPEFRUIT AVENUE
640 E GRAPEFRUIT AVENUE Lake Alfred, FL 33850 640 E GRAPEFRUIT AVENUE Lake Alfred, FL 33850 640 E GRAPEFRUIT AVENUE Lake Alfred, FL 33850 640 E GRAPEFRUIT AVENUE Lake Alfred, FL 33850 640 E GRAPEFRUIT AVENUE Lake Alfred, FL 33850 640 E GRAPEFRUIT AVENUE Lake Alfred, FL 33850 640 E GRAPEFRUIT AVENUE Lake Alfred, FL 33850 640 E GRAPEFRUIT AVENUE Lake Alfred, FL 33850 640 E GRAPEFRUIT AVENUE Lake Alfred, FL 33850 640 E GRAPEFRUIT AVENUE Lake Alfred, FL 33850 640 E GRAPEFRUIT AVENUE Lake Alfred, FL 33850 640 E GRAPEFRUIT AVENUE Lake Alfred, FL 33850 640 E GRAPEFRUIT AVENUE Lake Alfred, FL 33850 View All Photos

$439,000

| Active

640 E GRAPEFRUIT AVENUE

Lake Alfred, FL 33850

1,836
Square Feet
4
Beds
4
Baths
0.17
Acres
5
Days on Market
MFRR4911803
MLS#
Multi-Family
Type
2 Family
Structure
Commercial
Zone
Contact

Prime investment opportunity in Lake Alfred! Built in 2023, this modern, turn-key duplex delivers instant cash flow with tenants already in place. Sitting on a ~0.17-acre lot with a private, fully fenced yard and NO HOA, this property offers ultimate flexibility for hands-off landlords or house-hackers looking to live in one side and offset their mortgage. Both units boast a functional, open-concept 2-bedroom, 2-bathroom layout finished with fresh paint, durable low-maintenance flooring, and upgraded stainless steel appliances. Positioned right in the heart of town, residents enjoy fast access to US-17/92 and I-4 for effortless commutes to Orlando or Tampa, along with close proximity to local lakes, the Chain of Lakes Trail, and a planned Publix-anchored development. Portfolio Opportunity: Motivated seller! Can be acquired individually or bundled with the matching, 1,800 sq ft duplex right next door at 650 E Grapefruit Ave (Parcel:26-27-28-493500-001141) for a target 6.24% portfolio cap rate. Multiple financing options available—schedule your private tour today!

Property Details
Interior
Ceiling Fans(s), Crown Molding, Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main F
Heating
Central
Cooling Features
Central Air
Bedrooms
4
Bathrooms
4
Exterior Materials
Fence, Private Mailbox, Sidewalk
Acres
0.17
Square Feet
1836.0
Property Type
Multi-Family
Year Built
2023
Foundation
Slab
Roof
Shingle
Sewer Information
Public Sewer
Utility Source
Public
Utility Features
Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
Appliances
Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
Subdivision
HIGHLAND SUB
County
Polk
Region
LAKE ALFRED
Zoning
R-2
Original List Price
$439,000
Days on Market (Cumulative)
5
Taxes Annual
$5,987
Ownership
Fee Simple
MLS #
R4911803
Property Subtype
Duplex
Parcel Number
26-27-28-493500-001130
MLS #
R4911803
Date Listed
September 03, 2026
Address
640 E GRAPEFRUIT AVENUE
Location
Legal

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Don - Seawinds

Provided By
Listed by Sharon Bokor (#MFR261518813)
Listing Office: BOKORS CORNER REALTY LLC (#MFR035842597)

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