650 E Grapefruit Avenue, Lake Alfred, FL 33850
Local realty services provided by:Better Homes and Gardens Real Estate Thomas Group
Listed by: sharon bokor
Office: bokors corner realty llc.
MLS#:R4911947
Source:MFRMLS
Price summary
- Price:$439,000
- Price per sq. ft.:$239.11
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 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....
Contact an agent
Home facts
- Year built:2023
- Subdivision & Development:HIGHLAND SUB
- Listing ID #:R4911947
- Added:12 day(s) ago
- Updated:September 21, 2026 at 03:57 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Flooring:Laminate, Tile
- Kitchen Description:Dishwasher, Microwave, Range, Refrigerator
- Bedroom Description: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, Sidewalk
- Foundation Description:Slab
- Levels:1 Story
Utilities
- Water:Public, Water Connected
- Sewer:Public, Public Sewer, Sewer Connected
Finances and disclosures
- Price:$439,000
- Price per sq. ft.:$239.11
- Tax amount:$5,987 (2025)
Features and amenities
- Appliances:Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- Laundry features:Dryer, Electric Dryer Hookup, In Kitchen, Laundry Closet, Washer, Washer Hookup
- Amenities:Cable Available, Ceiling Fans(s), Crown Molding, Primary Bedroom Main Floor, Walk-In Closet(s), Window Treatments
- Pool features:Public Pool
New listings near 650 E Grapefruit Avenue
$395,000Active1.07 AcresUs Highway 17/92 W, LAKE ALFRED, FL 33850
MLS# S5156402Listed by: EMPIRE NETWORK REALTY- New
$230,000Active3 beds 2 baths950 sq. ft.335 E Hoffman Street, LAKE ALFRED, FL 33850
MLS# O6443227Listed by: MARK SPAIN REAL ESTATE - New
$99,000Active0.29 Acres120 Caladium Avenue, LAKE ALFRED, FL 33850
MLS# S5157938Listed by: EXP REALTY LLC - New
$422,410Active3 beds 3 baths2,230 sq. ft.1293 Lakeridge Way, LAKE ALFRED, FL 33850
MLS# TB8549386Listed by: PULTE REALTY OF WEST FLORIDA LLC - New
$361,870Active4 beds 2 baths1,840 sq. ft.384 Castle Drive, LAKE ALFRED, FL 33850
MLS# TB8544821Listed by: MERITAGE HOMES OF FL REALTY - New
$650,000Active4.65 AcresW Us Highway 17/92, Other, FL 33850
MLS# A12087601Listed by: CASABELLA MIAMI REALTY - New
$309,900Active3 beds 2 baths1,574 sq. ft.308 Water Lily Lane, LAKE ALFRED, FL 33850
MLS# L4964935Listed by: COLDWELL BANKER REALTY - New
$400,380Active4 beds 3 baths2,631 sq. ft.376 Castle Drive, LAKE ALFRED, FL 33850
MLS# TB8542957Listed by: MERITAGE HOMES OF FL REALTY - New
$99,000Active0.21 Acres225 N Snowy Orchid Way, LAKE ALFRED, FL 33850
MLS# S5156922Listed by: CENTURY 21 EDGE
$439,990Active5 beds 4 baths3,231 sq. ft.1539 Hartridge Court, LAKE ALFRED, FL 33850
MLS# TB8538135Listed by: PULTE REALTY OF WEST FLORIDA LLC