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211 N LAKE SILVER DRIVE NW

Commercial Recently Sold
$1,500,000

BTC: 23.43750000

ETH: 859.10652921

Sold on: 2021-04-16
49 days
Waterfront
0 room(s)
11,212 sqft

Overview

Great opportunity to own this lake front income producing property with future development opportunities. Great cash flowing property in Winter Haven FL 33881. Fully rented, great opportunity to earn income immediately. Good rental area, easy and fast to rent. Long-term tenants and have a history of on-time payment. 12 Total 2 story apartment units consisting of two buildings. 2 Bedrooms and 1.5 Bathrooms each measuring approx. 935 sqft. with screened private patio or balcony. Plenty of parking plus attached storage building with a great view of Lake Silver. Chain link & picket fencing surround entire property. 2020 - Both buildings have been updated with many upgrades: New roofing throughout property, 950-Yr. Limited Warranty - Architectural Shingles. New exterior Hardee Board and paint. Situated on 1.52 acre lot with additional .16 acre lakefront lot. Attractive front entrance with potential to add additional 15 units. All units are well maintained – most have tile flooring, includes central A/C and washer/dryer hookups. Each unit is separately metered and billed for electricity and water. Owner pays fixed operating expenses. Located next to WH Police Dept, few steps from Lake Silver Park, public bus stop, schools, groceries stores, restaurants & much more. Beautiful waterfront property is a must for any investor portfolio. Call today for a private showing. 24-hour notice required.

Location

Details

Type:
Commercial Sale
Parking:
Over 30 Spaces
Year Built:
1977
Lot:
1.52 Acres
Heating:
Central
Price/sqft:
$134
Cooling:
Central Air
HOA:
No Data

Highlights

Annual tax
$10,371
2020
Waterfront
Lake Front
All facts and features
  • Flooring

    • Carpet

    • Ceramic Tile

    Heating

    • Central

    Cooling

    • Central Air

  • Parking

    • Over 30 Spaces

    Lot

    • Lot: 1.52 Acres

    Other Property Information

    • Parcel Number: 262820559000000140

    • Zoning: COMM/INDUS

  • Type and style

    • Property Type: Commercial Sale

  • Utility

    • Electricity Available

    • Phone Available

    • Public

    • Water Connected

  • Other financial information

    • Annual tax amount: $10,371

  • Source details

    • MLS ID: P4913745

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Lot Features: City Lot / Oversized Lot / Sidewalk / Street Lights

    • Waterfront: Yes

    • Water Body Name: LAKE SILVER

    • Living Area: 11212

    • Lot Size Dimensions: 257 x 261

    • Subdivision Name: SILVER LAKE ADD

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: NEXTHOME NORRIS & COMPANY REALTY