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Spacious Quadruplex Investment Opportunity

903 E MAIN STREET, Haines City, FL 33845

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For Sale

$899,950

Four townhome-style units with strong rental history in prime location.

Type:Multi Family

Property size:

6,130 SF

Lot size:

0.16 Acres

Price / SF:

$146/SF

HighLights

Quadruplex featuring four spacious townhome‑style units, each boasting 4 bedrooms and 2.5 baths.
New roof (2023) and three recently replaced HVAC systems for a well‑maintained property.
Strong rental history in a high‑demand rental market.
No HOA fees, maximizing investor returns.
Individually metered utilities for each unit, tenants pay their own expenses.
Prime location near shopping, dining, major highways, and Central Florida attractions.

We can help!

Contact an agent

Jenn Manzella

For Sale

$899,950

Four townhome-style units with strong rental history in prime location.

Type:Multi Family

Property size:

6,130 SF

Lot size:

0.16 Acres

Price / SF:

$146/SF

Added:: Feb 22, 2025
Days on Market:: 500
Last Refresh:: Apr 6 at 1:27 am

Property Features for 903 E MAIN STREET

General Information

Standard status: Active
Size: 6,130 SF
Lot size: 0.16 Acres
Property subtype: Multi Family

Building Details

Year Built: 2007

We can help!

Contact an agent

Jenn Manzella

Listing office FLORIDA REALTY MARKETPLACE

Listing date Feb 22, 2025

Source Exitrealty

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of FLORIDA REALTY MARKETPLACE

HighLights

Quadruplex featuring four spacious townhome‑style units, each boasting 4 bedrooms and 2.5 baths.
New roof (2023) and three recently replaced HVAC systems for a well‑maintained property.
Strong rental history in a high‑demand rental market.
No HOA fees, maximizing investor returns.
Individually metered utilities for each unit, tenants pay their own expenses.
Prime location near shopping, dining, major highways, and Central Florida attractions.

Overview

This quadruplex presents a rare investment opportunity, featuring four spacious townhome-style units, each offering 1,532 sq. ft. of living space. Each unit includes 4 bedrooms and 2.5 baths, along with two designated parking spaces. The property provides over 6,130 sq. ft. of heated space and operates without an HOA. Each home features a large living room, family room, kitchen, laundry room, and half bath on the first floor, with four bedrooms and two full baths upstairs. The property has been well maintained, with a new roof installed in 2023 and three of the four HVAC systems recently replaced. All units have individually metered utilities, with tenants responsible for their own expenses. Located in a high-demand rental market near shopping, dining, major highways, and Central Florida attractions, this property is suitable for both seasoned and new investors. The property has a strong rental history and presents an opportunity for strong cash flow, value appreciation, and future rent increases. The property is comprised of 4 connected townhomes.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$99.3k	$16.20
− Vacancy	−$6.5k	−$1.05
EGI	$92.9k	$15.15
− OpEx	−$27.9k	−$4.54
NOI	$65.0k	$10.60

6,130 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$928.5K

$812.5K – $1.08M (±1% cap)

NOI $64,996 @ 7.0% cap · market cap 7.22%

Second Best

Apartment 5plus

$829.5K

$725.8K – $967.7K (±1% cap)

NOI $58,063 @ 7.0% cap · market cap 6.45%

Theoretical Best

Office A

$1.47M

$1.29M – $1.72M (±1% cap)

NOI $103,116 @ 7.0% cap · market cap 11.46%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Location Insight

Map
Local Demand

City: Haines City
County: Polk
State: Florida
Longitude: -81.623892
Latitude: 28.1079783

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For sale
Quadplexes
FL
Haines City
33845
903 E MAIN STREET

What type of property is this?

Quadplex - Four townhome-style units with strong rental history in prime location.

Where is this quadplex located?

The property is located at 903 E MAIN STREET Haines City, FL.

What is the asking price?

The asking price for this property is $899,950.

What are key features of this property?

This property features: Quadruplex featuring four spacious townhome‑style units, each boasting 4 bedrooms and 2.5 baths.; New roof (2023) and three recently replaced HVAC systems for a well‑maintained property.; Strong rental history in a high‑demand rental market.