To schedule a showing of 19 W Eagle Avenue, Eagle Lake, Florida, Call David Shippey at 863-521-4517 TODAY!
$990,000 | N/A beds | N/A full baths | N/A half baths | 4,134 sqft
Eagle Lake, FL 33839
- N/ABeds
- 0.00Total Baths
- 0 Full, 0 HalfBaths
- 4,134SqFt
- 1932Year Built
- 0.31Acres
- MLS# TB8424613
- Commercial
- MixedUse
- Active
- Approx Time on Market9 months, 12 days
- Area33839 - Eagle Lake
- CountyPolk
- Subdivision N/A
Overview
** Prime Investment Opportunity - 8 Units + Portfolio Option ** Introducing a fully renovated 8-unit income-producing property located on a large corner lot in Eagle Lake. The property consists of 7 apartment units and 1 detached single-family home, offering versatile rental options for steady cash flow. Built with a combination of concrete block and wood frame, this property underwent a complete renovation with a NEW roof in 2022, all new electrical, all new plumbing (CPVC & PEX), luxury vinyl plank (LVP) flooring, new appliances, countertops, tankless 30-gallon water heaters, and fresh interior/exterior paint. Every system and finish has been modernized to minimize maintenance and maximize return. This property has a proven rental history, leasing quickly due to its quality updates and prime location. Investors will also appreciate the opportunity to purchase it as part of a larger portfolio consisting of two additional single-family homes, totaling 10 units across 3 parcels.With rents in Eagle Lake increasing over 300 p ercent in the last decade and the current average rent hovering around $2,000, this property presents a rare chance to secure a total $73,000 NOI at a 7.29 cap rate for 8 units - due for 2026 rent increases for an extra $6,000 NOI. Other properties included in the optional portfolio: 652 N Jackson St. Dont miss this exceptional opportunity to expand or establish your rental portfolio in one of Central Floridas fastest-growing rental markets.
Agriculture / Farm
Association Fees / Info
Bathroom Info
Building Info
Window Features: Blinds
Roof: Shingle
Building Area Source: PublicRecords
Business Info
Buyer Compensation
Exterior Features
Financial
Net Operating Income: 100,000
Original Price: $1,166,000
Garage / Parking
Parking Features: ParkingSpaces
Green / Env Info
Interior Features
Floors: LuxuryVinyl
Levels: One
Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Washer
Lot Info
Direction Remarks: Drive 8 miles on US-17 S, stay south for .8 miles - property on the left hand side. 1 unit faces 4th St and the other units face Eagle Ave.
Lot Size Units: Acres
Lot Size Acres: 0.31
Lot Sqft: 13,586
Road Frontage Type: CityStreet
Lot Desc: CornerLot
Other
Special Conditions: None
Other Rooms Info
Basement: CrawlSpace
Property Info
Section: 07
Class Type: MixedUse
Property Sub Type: MixedUse
Property Condition: NewConstruction
Construction Materials: WoodFrame
Stories: 1
Foundation: Crawlspace
Human Modified: Yes
Sqft Info
Sqft: 4,134
Bulding Area Sqft: 4,572
Living Area Units: SquareFeet
Living Area Source: PublicRecords
Tax Info
Tax Year: 2,024
Tax Legal Description: EAGLE LAKE PB 1 PG 12 TIER 4 BLK 4 LOT 3 S 50 FT & 4 LESS R/W FOR SR 555
Tax Annual Amount: 6513
Tax Book Number: 1
Unit Info
Total Units: 8
Utilities / Hvac
Water Source: Public
Sewer: PublicSewer
Cool System: Ductless
Utilities: HighSpeedInternetAvailable
Waterfront / Water
Directions
Drive 8 miles on US-17 S, stay south for .8 miles - property on the left hand side. 1 unit faces 4th St and the other units face Eagle Ave.This listing courtesy of Compass Florida Llc
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MLS IDX data last updated on 06-20-2026 1:39 PM EST.
If you have any questions on 19 W Eagle Avenue, Eagle Lake, Florida, please call David Shippey at 863-521-4517.
MLS# TB8424613 located at 19 W Eagle Avenue, Eagle Lake, Florida is brought to you by David Shippey REALTOR®
19 W Eagle Avenue, Eagle Lake, Florida has , 0 Full Bath, and 0 Half Bath.
The MLS Number for 19 W Eagle Avenue, Eagle Lake, Florida is TB8424613.
The price for 19 W Eagle Avenue, Eagle Lake, Florida is $990,000.
The status of 19 W Eagle Avenue, Eagle Lake, Florida is Active.
The subdivision of 19 W Eagle Avenue, Eagle Lake, Florida is .
The home located at 19 W Eagle Avenue, Eagle Lake, Florida was built in 2026.