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Multifamily Investment Opportunity in Dundee

402 E MAIN St, Dundee, FL 33838

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For Sale

$420,000

Fully occupied five-unit apartment building with income potential.

Type:Commercial

HighLights

Fully occupied, generating $51,000 gross annual income with potential for increased returns.
Five units, each with one bedroom, one bath, and a bonus room (potential second bedroom).
Each unit has its own electric meter, simplifying utility management.
Oversized corner lot with excellent visibility.
Opportunity to add value by converting storage area into a shared laundry facility.
Convenient access to Downtown Dundee (as showcased in the virtual tour).

We can help!

Listing Contact

Debbie Bradbury

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For Sale

$420,000

Fully occupied five-unit apartment building with income potential.

Type:Commercial

Added:: Apr 24, 2026
Days on Market:: 50
Last Refresh:: Apr 24 at 8:21 pm

Property Features for 402 E MAIN St

General Information

Standard status: Active
Property subtype: Commercial

Building Details

Year Built: 1946

We can help!

Listing Contact

Debbie Bradbury

Listing agent Debbie Bradbury License #3231911

Listing office Real Estate Brokers USA, Inc

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 Real Estate Brokers USA, Inc

HighLights

Fully occupied, generating $51,000 gross annual income with potential for increased returns.
Five units, each with one bedroom, one bath, and a bonus room (potential second bedroom).
Each unit has its own electric meter, simplifying utility management.
Oversized corner lot with excellent visibility.
Opportunity to add value by converting storage area into a shared laundry facility.
Convenient access to Downtown Dundee (as showcased in the virtual tour).

Overview

This two-story apartment building presents a multifamily investment opportunity. Located on an oversized corner lot, the property offers excellent visibility. The building comprises five units, each equipped with its own electric meter. Each unit features a one-bedroom, one-bath layout, complemented by a bonus room suitable for use as a second bedroom, along with a kitchen and living area. Window A/C units are installed in each apartment. Tenants are responsible for their electric bills, while rent includes water and trash services. The property utilizes city water and a septic system that is approximately 10 years old. The current gross annual income is $51,000. There is a storage area that could be converted into a shared laundry facility. The property is located close to Downtown Dundee. The bike score is 33, indicating it is somewhat bikeable, and the walk score is 1, indicating car-dependent accessibility. The property offers potential for increased returns through renovations and rent adjustments.

Location Intelligence

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Local Demand

City: Dundee
County: Polk
State: Florida
Longitude: -81.6153043
Latitude: 28.0220962

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For sale
Apartment buildings
FL
Dundee
33838
402 E MAIN St

What type of property is this?

Apartment building - Fully occupied five-unit apartment building with income potential.

Where is this apartment building located?

The property is located at 402 E MAIN St Dundee, FL.

What is the asking price?

The asking price for this property is $420,000.

What are key features of this property?

This property features: Fully occupied, generating $51,000 gross annual income with potential for increased returns.; Five units, each with one bedroom, one bath, and a bonus room (potential second bedroom).; Each unit has its own electric meter, simplifying utility management.