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$899,000

For Sale

5 days ago

1210 Scenic Hwy, Dundee, FL

House

MLS® TB8514488

12 Bed

9 Bath

3792 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 3792 sqft
Garage 
Taxes $14,861
Days Active 4
Lot Size 
Approx. Age 1947
Avg. Price Per Sqft $237
MLS® Number TB8514488

Property Address: 1210 Scenic Hwy, DUNDEE, FL, 33838-4449

Average square foot calculated using Size range provided by listing agent.

Description

SELLER FINANCING AVAILABLE. CONTACT LISTING AGENT FOR DETAILS. Lake Josephine Apartments is a 9-unit waterfront multifamily asset sitting directly on the shoreline in Dundee, FL. A rare lakefront offering. The property delivers a 12.79% cash-on-cash return in-place with Year 1 proforma climbing to 13.13%, supported by a balanced unit mix of three studios, three 1BR/1BA, and three 2BR/1BA units across 3, 792 SF of concrete block construction on a 1.32-acre lot. In-place rents currently sit below market on multiple units, leaving a clear path to grow returns further without renovation risk. With the landlord covering electric, water, sewer, and trash, operations are simple and tenant turnover is straightforward This property’s unique waterfront location enhances its appeal, offering tenants a serene living environment while also providing significant potential for investors looking to capitalize on the property’s natural setting and strong rental demand in Dundee. Lake Josephine Apartments combines solid construction, a diverse unit mix, and an unbeatable lakeside location, making it an exceptional investment opportunity in the heart of Polk County. *DISCLAIMER: ONE UNIT IS NON-CONFORMING*
MLS® NumberTB8514488
Laundry Level
Central VacNo
FireplaceYes
Acreage
Exterior
Garage
Approx. Age1947
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 1, 2026List Date
$899,000List Price
-End Date
Not Sold YetSold Price

For Sale

Mar 16, 2026List Date
$849,500List Price
  • Commute

Commute

Starting Address
Destination Address
1210 Scenic Hwy, Dundee, FL

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