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$439,000 Just Listed

  • For Sale
  • Active
  • Duplex
  • 4 Beds
  • 4 Total Baths
  • 1,800 Sq. Ft.
  • Updated 2 days ago
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Prime investment opportunity in Lake Alfred! Built in 2023, this modern, turn-key duplex delivers instant cash flow with tenants already in place. Sitting on a ~0.17-acre lot with a private, fully fenced yard and NO HOA, this property offers ultimate flexibility for hands-off landlords or house-hackers looking to live in one side and offset their mortgage. Both units boast a functional, open-concept 2-bedroom, 2-bathroom layout finished with fresh paint, durable low-maintenance flooring, and upgraded stainless steel appliances. Positioned right in the heart of town, residents enjoy fast access to US-17/92 and I-4 for effortless commutes to Orlando or Tampa, along with close proximity to local lakes, the Chain of Lakes Trail, and a planned Publix-anchored development. Portfolio Opportunity: Motivated seller! Can be acquired individually or bundled with the matching, 1,800 sq ft duplex right next door at 640 E Grapefruit Ave (Parcel: 26-27-28-493500-00130) for a target 6.24% portfolio cap rate. Multiple financing options available-schedule your private tour today! Disclaimer: Photos depict the vacant unit. Floor plans, interior finishes, and color schemes may vary slightly by unit.

Full Property Details for 650 E Grapefruit Ave

General

  • Price: $439,000
  • Taxes: $5,987 (2025)
  • Status: Active
  • Type: Duplex
  • Source: MidFloridaRegionalMLS
  • MLS ID: R4911947
  • Updated: 9/9/2026
  • Added to Site: 3 day(s) ago

Interior

  • Interior Features: Ceiling Fan(s), Crown Molding, Primary Bedroom Main Floor, Walk-In Closet(s), Window Treatments
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Flooring: Laminate, Tile

Rooms

Bathrooms

  • Total Bathrooms: 4

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: Electric Dryer Hookup, In Kitchen, Laundry Closet, Washer Hookup

Additional Information

  • Security/Safety: Smoke Detector(s)

Exterior

  • Exterior Features: Fenced, Sidewalk

Location

  • Area: 33850 - Lake Alfred
  • County: Polk
  • Development Name: 33850 - Lake Alfred
  • Subdivision: HIGHLAND SUB
  • Driving Directions: US-17 N, Lake Alfred from S Lake Shore Way/US-92 E/US-17 N Turn left onto N Dakota Ave Turn right onto E Tangerine Ave Turn left onto Lake Swoope Dr Turn right onto E Grapefruit Ave 650 E Grapefruit Ave, Lake Alfred, FL 33850

Community

  • Community Name: 33850 - Lake Alfred

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable TV Available, Electricity Connected, Public, Sewer Connected, Water Connected

Structural Information

  • # Buildings: 1
  • Exterior Const.: Block
  • Roof: Shingle
  • Windows: Blinds
  • Stories/Levels: One
  • Square Feet: 1,800
  • Sq. Ft. Source: Public Records
  • Year Built: 2023

Lot Features

  • Lot Size (Acres): 0.17
  • Lot Size (Sq. Ft.): 7,248
  • Lot Size: 7248
  • Lot Dimensions: 50 x 145
  • Street/Road Desc.: Paved

Financial Considerations

  • Assoc Fee Desc.: None
  • Tax Amount: $5,987.46
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: HIGHLAND SUB PB 4 PG 2 BLK A LOT 14
  • Flood Zone Info: X
  • APN: 262728493500001141
  • Property ID: 262728493500001141
  • Block/Lot/Section: A

Listed by Bokors Corner Realty Llc

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Listing agent

— 650 E Grapefruit Ave —

  • Bokors Corner Realty Llc

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 650 E Grapefruit Ave

School District:Polk County School District
NameGradesDistance
Lake Alfred Elementary School
550 East Cummings Street, Lake Alfred, FL 33850
PK-50.9 mi
Auburndale Senior High School
1 Bloodhound Trail, Auburndale, FL 33823
9-124.5 mi
Jere L. Stambaugh Middle School
226 Main Street, Auburndale, FL 33823
6-84.7 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 650 E Grapefruit Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/09/2026
Listed
$439,000
5.78%
MLS
7/26/2023
Sold
$415,000
—
Public Record
Get Price Alerts and Save Property
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 for 650 E Grapefruit Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,987
29%
$312,120
9%
2024
$4,651
1731%
$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
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Bokors Corner Realty Llc

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650 E Grapefruit Avenue, Lake Alfred, FL 33850 (MLS# R4911947) is a Duplex property with 4 bedrooms and 0 full bathrooms. 650 E Grapefruit Avenue is currently listed for $439,000 and was received on September 09, 2026. Want to learn more about 650 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.

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