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$990,000 -$105,000 (-9.59%) Price Reduced
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Property Description
** 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 $100,000 NOI at a 6.6 cap rate for 8 units. Other properties included in the optional portfolio: 650 N 8th St and 652 N Jackson St. Don't miss this exceptional opportunity to expand or establish your rental portfolio in one of Central Florida's fastest-growing rental markets.
Full Property Details
Full Property Details for 19 W Eagle Ave
General
- Price: $990,000
- Taxes: $6,513 (2024)
- Status: Active
- Type: Commercial
- Source: MidFloridaRegionalMLS
- MLS ID: TB8424613
- Updated: 2/16/2026
- Added to Site: 161 day(s) ago
Rental Information
- Complex Features: Bathrooms
Interior
- Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
- Flooring: Luxury Vinyl
Parking
- Parking Features: 6 to 12 Spaces
Location
- Area: 33839 - Eagle Lake
- County: Polk
- Development Name: 33839 - Eagle Lake
- Driving 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.
- Direction Faces: Southwest
Community
- Community Name: 33839 - Eagle Lake
- Management Type: Professional Off Site
- Mgmt. Company: Professional Off Site
Heating & Cooling
- Cooling Type: Mini-Split Unit(s)
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: BB/HS Internet Capable
Structural Information
- # Buildings: 3
- Exterior Const.: Wood Frame
- Roof: Shingle
- Windows: Blinds
- Stories/Levels: One
- Square Feet: 4,134
- Sq. Ft. Source: Public Records
- Year Built: 1932
Lot Features
- Lot Size (Acres): 0.31
- Lot Size (Sq. Ft.): 13,586
- Lot Size: 13586
- Frontage: City Street
- Street/Road Desc.: Dirt, Paved
Financial Considerations
- Tax Amount: $6,513
- Tax Year: 2024
Disclosures and Reports
- Ownership: Other
- Special Conditions: None
- Legal Description: EAGLE LAKE PB 1 PG 12 TIER 4 BLK 4 LOT 3 S 50 FT & 4 LESS R/W FOR SR 555
- Flood Zone Info: X
- APN: 262907679000044030
- Property ID: 262907679000044030
Listed by Compass Florida Llc
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Schools
Schools serving 19 W Eagle Ave
School District:Polk County School District
| Name | Grades | Distance |
|---|---|---|
Eagle Lake Elementary School 400 Crystal Beach Road, Eagle Lake, FL 33839 | PK-5 | 0.6 mi |
Westwood Middle School, Winter Haven, FL 3520 Avenue J Northwest, Winter Haven, FL 33881 | 6-8 | 3.7 mi |
Lake Region High School 1995 Thunder Road, Eagle Lake, FL 33839 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 19 W Eagle Ave
Date
Details
Price
Change
Source
2/16/2026
Price Reduced
$990,000
-9.59%
MLS
11/25/2025
Price Reduced
$1,095,000
-6.09%
MLS
9/08/2025
Listed
$1,166,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 19 W Eagle Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,242
-20%
$286,861
2%
2024
$6,513
4%
$282,022
-5%
2023
$6,250
46%
$295,974
65%
2021
$4,295
-20%
$179,611
-7%
2022
$5,365
25%
$193,398
71%
2021
$4,295
26%
$112,798
5%
2017
$3,409
—
$107,737
—
2017
$3,409
-2%
$107,912
2%
2016
$3,469
1%
$105,403
4%
2015
$3,418
-2%
$101,302
-6%
2019
$3,472
7%
$107,316
7%
2014
$3,242
-12%
$99,858
-2%
2013
$3,674
—
$101,823
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 19 W Eagle Ave
19 W Eagle Avenue, Eagle Lake, FL 33839 (MLS# TB8424613) is a Commercial property. 19 W Eagle Avenue is currently listed for $990,000 and was received on September 08, 2025. Want to learn more about 19 W Eagle Avenue? Do you have questions about finding other Commercial real estate for sale in Eagle Lake? You can browse all Eagle Lake real estate or contact a Coldwell Banker agent to request more information.

