- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
$439,000
Monthly Est:$2,185
4 Beds
4 Baths
1,800sqft
640 E Grapefruit Ave, Lake Alfred, FL 33850
$439,000
$2,185/moEst:
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Duplex
Built in 2023
$-- HOA
7,248 sqft lot
$244/sq.ft
Description
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 cap rate. Multiple financing options available—schedule your private tour today!
- Houzeo last checked: 11 minutes ago
- Listing updated: September 17, 2026 at 1:31 pm
- Listing Provided by: Sharon Bokor (813) 708-2266 | BOKORS CORNER REALTY LLC (813) 708-2266
- Source: Stellar MLS-FL | MLS#: R4911803
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
2023
HOA Fees
-
Finished Area
1,800 sqft
Lot Size
7,248 sqft lot
Basement Area
- sqft
MLS Name
Stellar MLS
MLS Number
R4911803
MLS Status
Active
Days on Market
29
Cumulative Days on Market
9
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 4
Interior
Exterior Features
Fence, Private Mailbox, Sidewalk
Sewer
Public Sewer
Heating
Central
Appliances
Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
Window Features
Blinds, Drapes, Shades, Window Treatments
Flooring
Laminate, Tile
Interior Features
Ceiling Fans(s), Crown Molding, Eat In Kitchen, High Ceilings, Kitchen/family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Thermostat, Walk In Closet(s), Window Treatments
Cooling
Central Air
Construction
Year Built
Year Built: 2023
Home type
Duplex
Foundation Details
Slab
Construction Materials
Block
Roof
Shingle
Utilities & Energy
Laundry Features
Electric Dryer Hookup, In Kitchen, Laundry Closet
Security Features
Fire Alarm
Utilities
Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
Water Source
Public
Other Features
Tenant Pays
Electricity
Subdivision Name
Highland Sub
Price History
| Date | Event | Price |
|---|---|---|
09/08/2026 Source: | Price Decreased | $439,000 -2.44% $244/sqft |
06/28/2026 Source: | Listed for Sale | $449,999 $250/sqft |
06/28/2026 Source: | Off Market | $449,999 +0.22% $250/sqft |
06/23/2026 Source: | Listing Removed | $449,000 $249/sqft |
06/06/2026 Source: | Price Decreased | $449,000 -2.18% $249/sqft |
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Based on information from Stellar MLS® through Oct 08, 2026, 07:00AM as submitted to and distributed by MLS GRID. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. © 2026 Stellar MLS. All Rights Reserved.
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