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$498,000

  • Sold
  • Closed
  • Multi-Family
  • 4 Units
  • 0.44 Acres
See This Home
Save This Home
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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!

Full Property Details for 6900 Miami Dr

General

  • Sold For: $498,000
  • HOA FEE: $29/month
  • HOA FEE FREQ.: Annually
  • Taxes: $6,109 (2025)
  • Status: Closed
  • Type: Multi-Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: K4903026
  • Added to Site: 239 day(s) ago

Rental Information

  • Lease/Rent Term: 12 Months

Interior

  • Interior Features: Ceiling Fan(s)
  • Appliances: Range, Refrigerator

Rooms

Bathrooms

  • Total Bathrooms: 4

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: Laundry Room

Exterior

  • Exterior Features: Outbuilding, Lighting, Other, Storage

Location

  • Area: 33855 - Indian Lake Estates/Lake Wales
  • County: Polk
  • Development Name: 33855 - Indian Lake Estates/Lake Wales
  • Subdivision: INDIAN LAKE ESTATES UNIT 10
  • Driving Directions: From 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

Community

  • Community Name: 33855 - Indian Lake Estates/Lake Wales
  • Community Features: Dock, Fishing, Lake, Private Boat Ramp, Water Access, Clubhouse, Fitness Center, Golf Carts OK, Golf, Park, Restaurant, Tennis Court(s)
  • Association: Yes
  • Assoc. Name: Elizabeth Jewell

Heating & Cooling

  • Cooling Type: Mini-Split Unit(s), Wall/Window Unit(s)
  • Heating Type: Wall Units / Window Unit

Utilities

  • Sewer: Septic Tank
  • Water: Public
  • Utility Description: BB/HS Internet Available, Cable TV Available, Electricity Connected, Water Connected

Structural Information

  • # Buildings: 2
  • Exterior Const.: Concrete
  • Roof: Shingle
  • Stories/Levels: Two
  • Square Feet: 3,264
  • Sq. Ft. Source: Public Records
  • Living Area: 3,264 Sq. Ft.
  • Year Built: 1959

Additional Structures

  • Other Structures: Shed(s), Storage

Lot Features

  • Lot Size (Acres): 0.44
  • Lot Size (Sq. Ft.): 19,249
  • Lot Size: 19249
  • Street/Road Desc.: Asphalt

Water Features

  • Water Access: Yes
  • Water Access Desc: Lake
  • Water Extras: Yes
  • Water Front Desc.: Lake

Financial Considerations

  • Association Fee: $347
  • Assoc Fee Freq.: Annually
  • Assoc Fee Desc.: Required
  • Tax Amount: $6,109.35
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: INDIAN 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 W 127.47 FT N 45 DEG 49 MIN 25 SEC E 117.65 FT TO POB
  • Flood Zone Info: X
  • APN: 303104994100031807
  • Property ID: 303104994100031807
  • Block/Lot/Section: 318

Listed by Legacy Real Estate Center Inc
Sold by Future Home Realty

Listing agent

— 6900 Miami Dr —

  • Legacy Real Estate Center Inc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 6900 Miami Dr

School District:Polk County School District
NameGradesDistance
Ben Hill Griffin Jr Elementary School
501 McLeod Road, Frostproof, FL 33843
PK-513.5 mi
Frostproof Middle/Senior High School
1000 North Palm Avenue, Frostproof, FL 33843
6-813.4 mi
Mclaughlin Middle School And Fine Arts Academy
800 South 4th Street, Lake Wales, FL 33853
6-817.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 6900 Miami Dr

Date
Details
Price
Change
Source
3/09/2026
Sold
$498,000
-0.2%
MLS
8/03/2025
Listed
$499,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Legacy Real Estate Center Inc
Sold by Future Home Realty

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6900 Miami Drive, Indian Lake Estates, FL 33855 (MLS# K4903026) is a Multi-Family property that was sold at $498,000 on March 09, 2026. Want to learn more about 6900 Miami Drive? Do you have questions about finding other Multi-Family real estate for sale in Indian Lake Estates? You can browse all Indian Lake Estates real estate or contact a Coldwell Banker agent to request more information.