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$875,000
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Property Description
Spirit Lake Estates - Prime Multifamily Investment Opportunity Welcome to Spirit Lake Estates, a premier multifamily investment property located at the highly sought-after intersection of Spirit Lake Road and Bernie Hill Court in Winter Haven, Florida. This expansive property spans 2.38 acres, offering ample space and a peaceful setting for both residents and investors alike. The estate features nine rentable units, each designed to provide comfortable and practical living spaces, making this an ideal opportunity for those looking to expand their real estate portfolio. With a solid foundation for generating consistent rental income, Spirit Lake Estates offers great potential for long-term returns. Situated in a rapidly growing area, this property provides easy access to local amenities, shopping centers, and major roadways, ensuring high demand for rental units. Whether you're an experienced investor or someone seeking to enter the multifamily real estate market, Spirit Lake Estates presents a unique opportunity for growth and profitability. Key Features: "¢ 9 rentable units "¢ 2.38 acres of prime land "¢ Conveniently located at the intersection of Spirit Lake Road & Bernie Hill Court, Winter Haven, FL "¢ Close to shopping, dining, and major transportation routes "¢ Strong rental income potential and future value appreciation Invest in Spirit Lake Estates today and secure a property that offers both immediate returns and long-term growth in the heart of Winter Haven!
Full Property Details
Full Property Details for 5242 Spirit Lake Rd
General
- Sold For: $875,000
- Taxes: $1,390 (2023)
- Status: Closed
- Type: Commercial
- Source: MidFloridaRegionalMLS
- MLS ID: P4932273
- Added to Site: 506 day(s) ago
Parking
- Parking Features: 13 to 18 Spaces
Location
- Area: 33880 - Winter Haven/Eloise/JPV/Wahnetta
- County: Polk
- Development Name: 33880 - Winter Haven/Eloise/JPV/Wahnetta
- Subdivision: SPIRIT LAKE ESTATES
- Driving Directions: The property lies 1.3 miles north of US 17 on Spirit Lake Road. Spirit Lake Road interests with US 17 at the Bartow Executive Airport.
- Direction Faces: West
Community
- Community Name: 33880 - Winter Haven/Eloise/JPV/Wahnetta
Heating & Cooling
- Cooling Type: Central Air
Structural Information
- # Buildings: 9
- Exterior Const.: Metal Siding
- Square Feet: 7,814
- Sq. Ft. Source: Public Records
- Living Area: 7,814 Sq. Ft.
- Year Built: 1965
Lot Features
- Lot Size (Acres): 2.34
- Lot Size (Sq. Ft.): 102,056
- Lot Size: 2.3429
- Lot Dimensions: 367 x 292
- Frontage: City Street
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $1,390
- Tax Year: 2023
Disclosures and Reports
- Ownership: Sole Proprietor
- Special Conditions: None
- Legal Description: SPIRIT LAKE ESTATES PB 96 PG 37 LOT 8
- Flood Zone Info: X
- APN: 252911357121000080
- Property ID: 252911357121000080
Listed by Century 21 Myers Realty
Sold by Clements Real Estate
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Schools
Schools serving 5242 Spirit Lake Rd
School District:Polk County School District
| Name | Grades | Distance |
|---|---|---|
Eagle Lake Elementary School 400 Crystal Beach Road, Eagle Lake, FL 33839 | PK-5 | 1.1 mi |
Westwood Middle School, Winter Haven, FL 3520 Avenue J Northwest, Winter Haven, FL 33881 | 6-8 | 4.2 mi |
Lake Region High School 1995 Thunder Road, Eagle Lake, FL 33839 | 9-12 | 2.3 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 5242 Spirit Lake Rd
Date
Details
Price
Change
Source
1/06/2025
Sold
$875,000
-7.89%
MLS
10/02/2024
Listed
$950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5242 Spirit Lake Road, Winter Haven, FL 33880 (MLS# P4932273) is a Commercial property that was sold at $875,000 on January 06, 2025. Want to learn more about 5242 Spirit Lake Road? Do you have questions about finding other Commercial real estate for sale in Winter Haven? You can browse all Winter Haven real estate or contact a Coldwell Banker agent to request more information.

