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$900,000

1108 Fox Lake Drive Lakeland, FL 33809 Multi Unit - Multiple Pending

  • 1108 Fox Lake Drive, Lakeland, FL 33809 Main Photo

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Description

Under contract-accepting backup offers. WOW! Great Properties attract Great Tenants who pay Top Rents! This is a great property! This almost New 2024 Constriction Triplex features Three 4 bed/3 bath units that are 1,850sf each. Built by one of Lakeland's Premier Builder's it features higher quality finishes than what is included in most new construction single family homes. The exterior construction consists of two story block walls. There are 9' foot ceilings on both the first and second floors. The first floor features an open great room concept with U-Shaped kitchens with white shaker cabinets, stainless appliances including slide in ranges, granite counter tops, recessed ceiling lighting, and breakfast bar. The first floor also has Bedroom 4 which is an En Suite, perfect for multi generational living or a guest room. It has a low threshold walk in shower, linen closet, granite vanity top and also hallway access for guests. The Rear Patio Slider Door in the great room has internal blinds. On the 2nd floor you have the Primary Bedroom with double closets. The Primary Bath has a walk in shower and double sink vanity with granite vanity top. Bedrooms 2 and 3 share a hall accessed bathroom with tub/shower combo. There is also a laundry room on the 2nd floor that includes washer and dryer. All units feature Two Panel Doors, Premium Door Hardware, Plumbing Fixtures & Vinyl Plank flooring throughout. No Carpet! City Water and Sewer. Each unit has it's own Water and Electric meters. This property is conveniently located just Two Blocks North of Duff Road. The Blue Line 2 Bus Stop is about a 7 minute walk. It is under 4 miles to the I-4 and Grocery (Publix, Walmart, and Dollar General), Banks, Restaurants, and Pharmacies are also within walking distance. Please click Virtual Tour to see full 3D interactive tour of unit 1108. 1102 and 1104 are currently tenant occupied and can be viewed during inspection period with accepted offer. Unit 1108 is currently used as an Airbnb Short Term Rental and may be viewed on vacant days with appointment. Furnishings in 1108 are available for purchase. This property has three Property Tax ID's. Fast closing is available and also 1031 Exchange friendly. 10 day inspection max. Minimum 1% Escrow Deposit on Finance offers and 5% on Cash Offers. Net income based on Gross Revenue minus estimated Taxes & Insurance. All dimensions are estimated Buyer/Buyers agent to verify. This is a very rare opportunity! Call Today!

Property Highlights

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central, Electric
Lot Size: 0.26 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $11,157
Year Built: 2024

General Information

Bedrooms: 12
Sqft: 5,550
County: Polk
Subdivision: FOX LAKES
Listed By:
Steven Burnett NUGGET REALTY 772-249-4705

Amenities

Ceiling Fans(s)
High Ceilings
Kitchen/Family Room Combo
Open Floorplan
Primary Bedroom Main Floor
PrimaryBedroom Upstairs
Stone Counters
Lighting
Outdoor Grill
Sliding Doors

Property Features

Additional Rooms: Inside Utility
Annual Net Income: 69600.00
Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Days on Site: 167
Directions: From I-4 at Exit 32 go North on US HWY 98 approximately 3.7 miles. Take right going East on to Fox Lake Dr.. Property is first building on the right. Fox Lake Dr. is 2 blocks North of Duff Rd.
Exterior: Block, Stucco
Flood Zone Code: X
Flooring: Luxury Vinyl
Foundation: Slab
Home Warranty Y/N: No
Lease Terms: Twelve Months
Listing Terms: Cash, Conventional, FHA, Private Financing Available, USDA Loan, VA Loan
Lot: In County, Near Public Transit, Street Dead-End, Paved
Lot Dimensions: 0.26
Ownership: Fee Simple
Parking: Assigned, Driveway, Off Street
Parking Notes: Assigned, Driveway, Off Street
Property Attached Y/N: No
Property Sub-Type: Triplex
Security: Security Lights, Smoke Detector(s)
Sewer: Public Sewer
Showing Instructions: Appointment Only, Call Listing Agent, Do Not Contact Tenants, Listing Agent Must Accompany, No Lockbox, See Remarks
Special Sale Provisions: None
Units: 3
Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Connected, Fire Hydrant, Public, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
$900,000
12beds
5,550sqft
Pending
BEDS12 BATHS SQUARE FEET5,550 MLS#L4956235
STATUSPending PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONFOX LAKES

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1108 Fox Lake Drive, Lakeland, FL 33809.

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Estimated Payment

$ 4,227.80 per month $3,035.55 Principal & Interest $929.75 Property Tax $262.50 Homeowner's Insurance

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