Residential Income

Lake Alfred, FL Residential Income Properties for Sale

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Auburndale, FL Winter Haven, FL Haines City, FL Kathleen, FL Polk City, FL Davenport, FL Lake Hamilton, FL Lakeland, FL
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2023 Duplex with Fenced Yard
Updated: Sep 3
2023 Duplex with Fenced Yard

650 E GRAPEFRUIT Avenue, Lake Alfred, FL 33850

$439,000
1,800 sqft 0.17 AC lot
Built in 2023 with 1,800 square feet on a 0.17‑acre lot
Duplex configuration with two 2‑bedroom, 2‑bathroom units
Private fully fenced yard with sidewalk access
R‑2 zoning and no HOA
Central heating and central air; block construction with shingle roof
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Duplex with Private Fenced Yard
Updated: Sep 3
Duplex with Private Fenced Yard

640 E GRAPEFRUIT Avenue, Lake Alfred, FL 33850

$439,000
1,800 sqft 0.17 AC lot
1,800‑square‑foot duplex completed in 2023
Two 2‑bedroom, 2‑bath residences with open‑concept layouts
0.17‑acre lot with a private fenced yard
Tenants currently in place; no HOA
Central heating and central air in both units
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Tenant-Occupied Triplex
Tenant-Occupied Triplex

980 S LAKE SHORE Way, Lake Alfred, FL 33850

$449,900
2,506 sqft 0.48 AC lot

Three-unit property with C-1 zoning, public utilities, and a prominent position along Lake Alfred’s central commercial corridor.

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2023 Two-Unit Duplex
2023 Two-Unit Duplex

640 E GRAPEFRUIT AVENUE, Lake Alfred, FL 33850

$439,000
1,800 sqft 0.17 AC lot

Built in 2023 with tenants in place, separate two-bedroom residences, and a fenced outdoor area without HOA restrictions.

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Tenant-Occupied Triplex
Tenant-Occupied Triplex

980 S Lake Shore Way, Lake Alfred, FL 33850

$449,900
2,506 sqft

Three occupied residential units front a divided highway along Lake Alfred’s central commercial corridor.

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Fixer-Upper Duplex Income Property
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.

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Modern Two-Unit Duplex
Modern Two-Unit Duplex

650 E GRAPEFRUIT AVE, Lake Alfred, FL 33850

$439,000
0.17 AC lot

Built in 2023 with two-bedroom, two-bath layouts and a private fenced yard.

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Mobile Home Park Lots with Lake Access
Mobile Home Park Lots with Lake Access

2313 Bass Lane, Lake Alfred, FL 33850

Contact for pricing

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

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Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 8 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 In-Unit Laundry
Duplex with In-Unit Laundry

1830 2ND Street NW, Winter Haven, FL 33881

$455,000
1,944 sqft 0.15 AC lot

Two matching three-bedroom residences offer tile flooring, equipped kitchens, and private laundry closets.

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Updated Two-Unit Duplex
Updated Two-Unit Duplex

229 Mckean St, Auburndale, FL 33823

$220,000
1,300 sqft

Each residence offers one bedroom, one bathroom, and dedicated storage alongside recently improved major systems.

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3-Bedroom Duplex
3-Bedroom Duplex

1830 2ND Street NW, Unit A, Winter Haven, FL 33881

$455,000
1,944 sqft

Two matching residences feature open living areas, ceramic tile, equipped kitchens, and private laundry closets.

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Fully Occupied Duplex
Fully Occupied Duplex

114 AUBURN ROAD, Auburndale, FL 33823

$327,200
1,512 sqft

Separate lower and upper units provide distinct bedroom and bathroom layouts.

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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.

Residential Land in Gated Community
Residential Land in Gated Community

158 BLAZING STAR Avenue, Lake Alfred, FL 33850

$63,000
0.22 AC lot

Residential lot in gated community with lake access and amenities.

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Winter Haven Multifamily Development Land
Winter Haven Multifamily Development Land

BRIGHAM Road, Winter Haven, FL 33881

$980,000
9.80 AC lot

9.8 acres zoned for multifamily development in Winter Haven.

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Interior Residential Lot in Gated Community
Interior Residential Lot in Gated Community

433 WATERFERN TRAIL Drive, Auburndale, FL 33823

$67,000
0.23 AC lot

Vacant interior lot in the gated Water Ridge community in Auburndale, FL.

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Agricultural Land with Annexation Potential
Agricultural Land with Annexation Potential

ST RD 557, Lake Alfred, FL 33850

$7,500,000
305.77 AC lot

Large development site zoned for agricultural use, with projected capacity dependent on annexation, rezoning, and required approvals.

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Lake Alfred, FL Residential Income Properties Market Trends and Statistics

Explore 8 residential income properties for sale in Lake Alfred, FL, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 12,412 square feet of properties for sale, with an estimated market value of $2,935,800.

Sale prices for residential income properties in Lake Alfred, FL start at $280,000, averaging $419,400, and reaching up to $449,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Multifamily properties 8
Duplexes 5
Triplexes 2
Mobile home & RV parks 1

Demographics Overview

Population 9,825
Population Growth (5Y) +25.9%
Median Household Income $53,877
College Educated 34.0%

High-Yield Neighborhoods for Investment

Identify Lake Alfred submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
33850 $325K

Taxes & Financing

Tax Rate (average for all types) 1.85%
Property Tax per SF $36.76 per SF
Tax Rate vs County Average 0.28 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Polk County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Polk County

Residential Income

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