Lake Alfred, FL Multifamily properties for sale

Updated: Jul 22

Fixer-Upper Duplex Income Property

845 S CHAR MIL AVENUE, Lake Alfred, FL 33850

$280,000

2,000 sqft

Duplex for sale at 845 S Char Mil Avenue, offered as a fixer‑upper with income‑producing potential
Built in 1983
Located just minutes from downtown Lake Alfred
Convenient access to Winter Haven, Haines City, and Auburndale
Proximity to public transportation for potential tenant convenience

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This listing looks promising.

Here's a quick look at some key insights for

845 S CHAR MIL AVENUE, LAKE ALFRED, FL 33850

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Est. Cap Rate

7.6%
Above avg (5.9%)
Est. NOI

$21K
Annual
Price @ 7% Cap

$303K
Above asking
Property Type

Multi-Family Dwellings
Built 1983

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Updated: Jul 27

Triplex Property with Stucco Construction

875 S Lake Shore Way, Lake Alfred, FL 33850

$389,900

1,609 sqft 0.33 AC lot

Three‑unit triplex with three grandfathered rental units
0.33‑acre lot and 1,609 SF building
Stucco construction
Built in 1945
Public water and septic tank service

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Triplex with C-1 Zoning

875 S LAKE SHORE Way, Lake Alfred, FL 33850

$389,900

1,609 sqft 0.33 AC lot

Three-unit triplex on 0.33 acres in C-1 zoning, with central heat and central air plus public water and septic.

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Mobile Home Park Lots with Lake Access

2313 Bass Lane, Lake Alfred, FL 33850

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Multiple lots ready for single- or double-wide homes within a community offering private lake access and clubhouse amenities.

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Quadplex Redevelopment Opportunity

150 S Nekoma Ave, Lake Alfred, FL 33850

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Quadplex property needs TLC, with RN-2 zoning described for up to 9-unit multifamily redevelopment options.

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Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 5 Active listings in Lake Alfred, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Duplex with Central Air

1830 2ND Street NW, Winter Haven, FL 33881

$455,000

1,944 sqft 0.15 AC lot

Well-maintained duplex with two 3-bedroom, 1-bath units, central air, and public water and sewer.

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Two-Unit Duplex Income Property

213 Palmetto Ave NE, Winter Haven, FL 33881

Contact for pricing

2,090 sqft

Duplex offers two 2BR/1BA units with block construction and dedicated parking for each side.

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Lakeside Multi-Unit Investment Property

1515 6TH STREET NW, Winter Haven, FL 33881

Contact for pricing

3,100 sqft

Versatile lakeside property with diverse units for rental income.

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Brick Triplex Investment Property

140 Ave W NW, Winter Haven, FL 33881

Contact for pricing

Brick triplex built in 1974, fully leased with professional management and tenant-paid utilities.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Waterfront Land in 55+ Community

7066 FAIRVIEW VILLAGE Circle, Winter Haven, FL 33881

Contact for pricing

0.05 AC lot

Land in 55+ community with canal access and lake views.

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1.2 Acres Vacant Land

1031 ORANGE Blvd, Polk City, FL 33868

$79,950

1.20 AC lot

1.2 acres of vacant land in Central Florida.

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Spacious Motorhome Lot Opportunity

5133 SHORE LINE Drive, Polk City, FL 33868

$75,000

0.13 AC lot

Class A motorhome lot with utilities in gated community.

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Deeded RV Lot with Concrete Pad

5062 SOUTHSHORE Drive, Polk City, FL 33868

$110,000

0.19 AC lot

Deeded Class A motorhome lot with a large concrete pad, 200-amp service, and RV utility hookups on both sides.

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Lake Alfred, FL Multifamily Properties Market Trends and Statistics

Explore 5 multifamily properties for sale in Lake Alfred, FL, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 5,218 square feet of properties for sale, with an estimated market value of $1,059,800.

Sale prices for multifamily properties in Lake Alfred, FL start at $280,000, averaging $353,266, and reaching up to $389,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
33850	$350K

Neighborhood

Average Price

33850

$350K