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$449,999 Just Listed
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Property Description
Newer 2023 duplex offering immediate income with tenants already in place in both units. Situated on 0.17 acres, the property features a fenced yard and NO HOA, offering flexibility and low restrictions. Each unit includes a well-designed 2BR/2BA open-concept layout with modern finishes, spacious living areas, and low-maintenance design ideal for tenants or owner-occupants. Located in the heart of Lake Alfred with quick access to US-17/92 and I-4, providing an easy commute to Orlando and Tampa. Just minutes from Winter Haven, Auburndale, and Lakeland for shopping, dining, and everyday conveniences. Nearby growth includes a planned Publix-anchored center, adding future value. Outdoor recreation is close with lakes, parks, and the Chain of Lakes Trail nearby.
Full Property Details
Full Property Details for 640 E Grapefruit Ave
General
- Price: $449,999
- Taxes: $5,987 (2025)
- Status: Active
- Type: Duplex
- Source: Regional
- MLS ID: B26046275
- Updated: 6/28/2026
- Added to Site: 4 day(s) ago
Interior
- Flooring: Vinyl
Rooms
Other Rooms
- Laundry: Electric Dryer Hookup, Inside, In Unit
Exterior
- Exterior Features: Storage
Parking
- Total Spaces: 4
Location
- County: Polk
- Subdivision: HIGHLAND SUBDIVISION
Community
- Community Name: 5940 - Other Florida County
- Units Assoc/Comm: 2
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Multiple Meters, Public
- Utility Description: Water Available
- # Water Meters: 1
- # Electric Meters: 1
Structural Information
- Structure Type: Duplex
- Construction: Block
- Roof: Shingle
- Stories/Levels: 1
- Building Size: 1961
- Square Feet: 1,925
- Sq. Ft. Source: Public Records
- Living Area: 1,925 Sq. Ft.
- Year Built: 2023
Lot Features
- Property View: Other
- Lot Size (Acres): 0.17
- Lot Features: 1/4 Acre
- Zoning: R-2
- Fencing (Description): Back Yard, Fenced
Water Features
- Water Front View: None
Financial Considerations
- Operating Expenses: $18,393
- Assessment Amount: $312,120
- Tax Amount: $5,987.46
- Tax Year: 2025
- Terms: Cash, Conventional, 1031 Exchange, FHA
- Tenant Pays: Cable TV, Electricity, Water
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: HIGHLAND SUB PB 4 PG 2 BLK A LOT 13
- Property ID: 282726493500001130
Listed by FL Home Group LLC
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Schools
Schools serving 640 E Grapefruit Ave
School District:Polk County School District
| Name | Grades | Distance |
|---|---|---|
Lake Alfred Elementary School 550 East Cummings Street, Lake Alfred, FL 33850 | PK-5 | 0.9 mi |
Auburndale Senior High School 1 Bloodhound Trail, Auburndale, FL 33823 | 9-12 | 4.5 mi |
Jere L. Stambaugh Middle School 226 Main Street, Auburndale, FL 33823 | 6-8 | 4.7 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 640 E Grapefruit Ave
Date
Details
Price
Change
Source
6/28/2026
Listed
$449,999
5.88%
MLS
7/26/2023
Sold
$425,000
—
Public Record
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 640 E Grapefruit Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,987
9%
$312,120
9%
2024
$5,480
2057%
$285,120
2093%
2023
$254
17%
$13,000
18%
2022
$218
6%
$11,000
10%
2021
$206
—
$10,000
6%
2021
$206
4%
$9,400
—
2019
$199
9%
$9,400
4%
2017
$183
—
$9,000
5%
2017
$183
-2%
$8,600
—
2016
$186
2%
$8,600
5%
2015
$182
8%
$8,200
10%
2014
$169
8%
$7,480
10%
2013
$156
—
$6,800
—
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 640 E Grapefruit Ave
640 E Grapefruit Avenue, Lake Alfred, FL 33850 (MLS# B26046275) is a Duplex property with 0 bedrooms and 0 full bathrooms. 640 E Grapefruit Avenue is currently listed for $449,999 and was received on June 28, 2026. Want to learn more about 640 E Grapefruit Avenue? Do you have questions about finding other Duplex real estate for sale in Lake Alfred? You can browse all Lake Alfred real estate or contact a Coldwell Banker agent to request more information.

