640 E Grapefruit Avenue, Lake Alfred, FL 33850

Lake Alfred
Local realty services provided by:Better Homes and Gardens Real Estate Thomas Group
640 E Grapefruit Avenue,Lake Alfred, FL 33850
$409,000
Virtual Tour
  • 4 Beds
  • 4 Baths
  • 1,800 sq. ft.
  • Multi-family
  • Active
Listed by: sharon bokor
Office: bokors corner realty llc.
MLS#:R4911803
Source:MFRMLS

Price summary

  • Price:$409,000
  • Price per sq. ft.:$222.77

About this home

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 650 E Grapefruit Ave (Parcel:26-27-28-493500-001141) for a target 6.24% portfolio...

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Home facts

  • Year built:2023
  • Subdivision & Development:HIGHLAND SUB
  • Listing ID #:R4911803
  • Added:60 day(s) ago
  • Updated:November 07, 2026 at 10:44 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4
  • Flooring:Laminate, Tile
  • Dining Description:Eat In Kitchen
  • Kitchen Description:Dishwasher, Eat-in Kitchen, Kitchen/Family Room Combo, Microwave, Range, Refrigerator
  • Bedroom Description:High Ceilings, Primary Bedroom Main Floor, Walk-In Closet(s)
  • Living area:1,800 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:2023
  • Building area:1,800 sq. ft.
  • Lot area:0.17 Acres
  • Construction Materials:Block
  • Exterior Features:Fence, Private Mailbox, Sidewalk
  • Foundation Description:Slab
  • Levels:1 Story

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$409,000
  • Price per sq. ft.:$222.77
  • Tax amount:$5,987 (2025)

Features and amenities

  • Appliances:Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Laundry features:Dryer, Electric Dryer Hookup, In Kitchen, Laundry Closet, Washer
  • Amenities:Cable Available, Ceiling Fans(s), Crown Molding, Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Phone Available, Primary Bedroom Main Floor, Thermostat, Walk-In Closet(s), Window Treatments
  • Pool features:Public Pool
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