608 DUNDEE Rd Dundee, FL 33838
New
Income-producing property with strong cash flow in a growing town.
Type:Investment
Property size:
3,515 SFLot size:
0.33 Acres- Added:
- Apr 24, 2026
- Days on Market:
- 4
- Last Refresh:
- Apr 24 at 8:21 pm
Property Features for 608 DUNDEE Rd
General Information
- Standard status
- Active
- Size
- 3,515 SF
- Lot size
- 0.33 Acres
- Property subtype
- Investment
Building Details
- Year Built
- 1986
Listing agent Kennedy Matthews (863) 207-4722
Listing office (863) 207-4722
Listing date Apr 24, 2026
Source Elliman
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 Kennedy Matthews
Overview
Six-Unit Residential Income Property
This six-unit residential income property is located on Dundee Road. The property features two buildings: a duplex with 1,384 heated square feet and a quadruplex with 2,131 heated square feet, situated on over 1/3 of an acre with ample parking. The duplex includes a two-bedroom, one-bathroom unit currently leased, and a recently updated three-bedroom, one-bathroom unit with fresh paint, wood-laminate flooring, and stainless-steel appliances. The quadruplex is a two-story concrete-block building with a new metal roof. The two upstairs units have upgraded wood-laminate flooring and kitchenettes with granite countertops and are currently leased to the same tenant. The two downstairs units are currently leased on five-year leases; one includes an Ansul system and a grease trap. Both buildings have fresh exterior paint. Each building has its own septic system and individual water meter, along with six separate electrical meters, one per unit. Five units have newer mini-split A/C systems, while the duplex's three-bedroom unit features central heat and air conditioning. The duplex was originally built in 1925 with an effective year of 1992, and the quadruplex was built in 1986 with an effective year of 2000. The property is near downtown Dundee and Highway 27, providing access to Winter Haven, Lake Wales, and Haines City.
Location Intelligence
Current Use by Public Records
Iglesia De La ...
Church
Location Insight
- Map
- Local Demand
- City
- Dundee
- County
- Polk
- State
- Florida
- Longitude
- -81.62878
- Latitude
- 28.018862
Nearby Similar for Sale
FAQs
What type of property is this?
Multifamily property - Income-producing property with strong cash flow in a growing town.
Where is this multifamily property located?
The property is located at 608 DUNDEE Rd Dundee, FL.
What is the asking price?
The asking price for this property is $724,900.
What are key features of this property?
This property features: Projected **12.70% cap rate at full occupancy**, significantly exceeding typical Florida multifamily rates.; Projected monthly income of $8,850 and annual gross rental income of $106,200.; Located on Dundee Road, providing direct access to Dundee and proximity to Hwy 27.
