INDIAN LAKE ESTATES, FL 33855 6900 MIAMI DRIVE
$499,000



38 more







































Presented By: LEGACY REAL ESTATE CENTER INC with 863-676-0200. - 863-676-0200
Home Details
Exceptional Investment Opportunity in Polk County!
Discover this solidly built, income-producing fourplex, ideally positioned just off Hwy 60 in a peaceful rural setting with close proximity to popular recreational destinations like The Resort at Canopy Oaks, River Ranch Resort by Westgate, Guy Harvey’s Camp Mack Resort, and Vero Beach just a short drive east!
This multifamily property features two concrete block buildings with shingle roofs, offering a total of four spacious 1-bedroom, 1-bathroom units—each over 800 sq. ft. With thoughtful upgrades and solid infrastructure, this property is both low-maintenance and tenant-friendly.
Property Highlights Include:
• Solid Construction: Two buildings built in 1959 with roofs replaced approx. 4 years ago.
• Tenant-Paid Electricity: Each unit is sub-metered for electric, reducing owner expenses.
• City Water + Renovated Septic: public water (landlord paid) and a recently upgraded septic system.
• Spacious Layouts: Each unit includes a well-maintained kitchen and bathroom, living room and large bedroom.
• Shared Laundry Room: for added convenience.
• Bonus RV Hook-Up: Water and sewer connection available for an RV—perfect for extra income or guest use.
Whether you’re a first-time investor or expanding your portfolio, this property qualifies for residential financing, making it a rare attainable investment opportunity.
Enjoy nearby lake access at Lake Walk-in-Water with beach and fishing pier, or tee off at the local golf course—this property combines income potential with a sought-after lifestyle setting!
Presented By: LEGACY REAL ESTATE CENTER INC with 863-676-0200. - 863-676-0200
Interior Features for 6900 MIAMI DRIVE
Bedrooms
Total Bedrooms4
Bathrooms
Total Baths4
Other Interior Features
LivingAreaSourcepublic records
Air Conditioning Y/NYes
Fireplace Y/NNo
Heating Y/NYes
Interior Amenitiesceiling fan(s)
Laundry Featureslaundry room
General for 6900 MIAMI DRIVE
Additional Parcels Y/NNo
Appliancesrange, refrigerator
Assoc Fee Paid Perannually
Association Nameelizabeth jewell
Building Area Unitssquare feet
Carport Y/NNo
Cityindian lake estates
Community Featuresdock, fishing, lake, private boat ramp, water access, clubhouse, fitness center, golf carts ok, golf, park, restaurant, tennis court(s)
Construction Materialsconcrete
Coolingmini-split unit(s), wall/window unit(s)
Countypolk
Directionsfrom lake wales, travel east on hwy 60, turn right onto deland ave, turn left onto park ave, the road will curve to the left, take that road and it will end, go right, apartments are on the right
Flood Zone Codex
Flood Zone Code XY
Garage Y/NNo
Gross Income51900
HOAYes
HOA Fee$347
Heatingwall units / window unit
Land Lease Y/NNo
Legal Descriptionindian lake ests unit 10 sec 4/9 31 30 pb 40 pg 14 blk 318 lot 1 that part desc as beg at most nly cor run s 44 deg 10 min 35 sec e 198.05 ft s 76 deg 37 min 40 sec w 137.83 ft n 43 deg 50 min 50 sec
Levelstwo
Listing Termscash, conventional
Living Area Unitssquare feet
Lot Size Square Feet19249
Lot Size Unitssquare feet
MLS Area33855 - indian lake estates/lake wales
ModificationTimestamp2025-08-04t10:47:30.500z
Monthly HOA Amount28.92
New ConstructionNo
Number Of Units Total4
Occupancy Typetenant
Ok to Lease12 months
Other Structuresshed(s), storage
Ownershipfee simple
Pets Allowedyes
Possessionclose of escrow
Property Conditioncompleted
Property Subtypequadruplex
Property Typeresidential income
Roofshingle
Senior Community Y/NNo
Sewerseptic tank
Standard Statusactive
Statusactive
Subdivision Nameindian lake estates unit 10
Tax Annual Amount4432.77
Tax Lot1
Tax Year2024
Tenant Payselectricity
Total Actual Rent4325
Utilitiesbb/hs internet available, cable available, electricity connected, water connected
Virtual TourClick here
Water Access Typelake
Water Access Y/NYes
Water View Y/NNo
Waterfront Featureslake
Year Built1959
Exterior for 6900 MIAMI DRIVE
Exterior Amenitiesoutbuilding, lighting, other, storage
Foundation Detailsslab
Lot Featuresnear golf course, near marina
Lot Size Acres0.44
Lot Size Area19249
Number of Buildings2
Number of Separate Electric Meters4
Number of Separate Water Meters1
Private PoolNo
Road Surface Typeasphalt
Water Sourcepublic
Waterfront Y/NNo
Additional Details
Price History

Anabel Fuego
Realtor®