DUNDEE, FL 33838 402 E MAIN STREET
$420,000



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Presented By: REAL ESTATE BROKERS USA, INC. with 863-242-6624. - 863-247-8096
Home Details
Fully occupied multifamily investment opportunity on an oversized corner lot with excellent visibility. This two-story apartment building features five units, each with its own electric meter. Each unit offers a one-bedroom, one-bath layout plus a bonus room that could function as a second bedroom, along with a kitchen and living area. Units are equipped with window A/C units.
Tenants pay their own electric, while rent currently includes water and trash. The property is on city water with a septic system approximately 10 years old. Current gross annual income is $51,000, with strong potential for increased returns through renovations and rent adjustments.
Additional features include a storage area that could be converted into a shared laundry facility, adding further value and convenience for tenants. Ideal for investors looking to add value and maximize income potential.
View a video and navigate a 360 degree interactive virtual tour with zoom in and out capabilities to see how close Downtown Dundee is.
Presented By: REAL ESTATE BROKERS USA, INC. with 863-242-6624. - 863-247-8096
Interior Features for 402 E MAIN STREET
Bathrooms
Total Baths
Other Interior Features
LivingAreaSourcePublic Records
Air Conditioning Y/NYes
Heating Y/NYes
General for 402 E MAIN STREET
Additional Parcels Y/NNo
AppliancesRefrigerator
Building Area UnitsSquare Feet
CityDUNDEE
Construction MaterialsBlock
CoolingWall/Window Unit(s)
CountyPolk
DirectionsFROM 27 SOUTH TURN LEFT ON MAIN STREET GO THRU TRAFFIC LIGHT ABOUT 3 BLOCKS PROPERTY WILL BE ON THE RIGHT SIGN OUT FRONT.
DockY/NNo
Facing DirectionNorth
Flood Zone CodeX
Flood Zone Code XY
Gross Income51000
HeatingElectric
Legal DescriptionDUNDEE PB 1 PG 86 BLK 14 LOT 9 N 75 FT & N 75 FT OF 10 & THAT PORTION OF SR 17 RD R/W LYING ADJACENT TO LOT 10 DESC AS COMM AT NW COR LOT 10 RUN E 9.32 FT FOR POB RUN N 3 FT E 34.5 FT S 3 FT W 34.5 FT TO POB
LevelsTwo
Listing TermsCash
Living Area UnitsSquare Feet
Lot Size Square Feet9108
Lot Size UnitsSquare Feet
MLS Area33838 - Dundee
New ConstructionNo
Number Of Units Total5
OwnershipFee Simple
PossessionClose Of Escrow
Property SubtypeMulti Family (5+)
Property TypeCommercial Sale
RoofShingle
SewerSeptic Tank
Standard StatusActive
StatusActive
Subdivision NameDUNDEE
Tax Annual Amount5889
Tax Lot9
Tax Year2025
UtilitiesElectricity Available, Water Connected
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1946
ZoningR-1A
Exterior for 402 E MAIN STREET
Building Area Total3382
Foundation DetailsSlab
Lot Size Acres0.21
Lot Size Area9108
Number of Buildings1
Road Frontage TypeCity Street
Road ResponsibilityPublic Maintained Road
Road Surface TypePaved
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Anthony Rodriguez
Realtor®
SQFT • 3,352