Welcome to 640 Grapefruit Ave! This newer construction duplex built in 2023 offering immediate income potential with tenants already in place. Situated on approximately 0.17 acres, this property features a spacious fenced yard and NO HOA, providing added flexibility for ownership and use. Each unit offers a well-designed 2 bedroom, 2 bath open floor plan layout with modern finishes, open living spaces, and a low-maintenance design ideal for both tenants and owners. The functional floor plans provide comfortable living with efficient use of space, making this a strong option for both long-term rentals and owner-occupants looking to offset expenses. Conveniently located in the heart of Lake Alfred, the property offers easy access to US-17/92 and is just minutes from I-4, allowing for a smooth commute to both Orlando and Tampa. Nearby shopping, dining, and everyday conveniences can be found in Winter Haven, Auburndale, and Lakeland, all within a short drive. The area continues to experience growth, including a newly planned Publix-anchored shopping center nearby, adding future retail and dining options. Outdoor enthusiasts will appreciate the proximity to local lakes and nearby trails like the Chain Of Lakes Trail! while also being close to schools, parks and more. Ideal opportunity for investors seeking a turnkey rental property or for owner-occupants looking to generate income. Inquire about this property today!
Property Details
Price:
$471,000
MLS #:
O6390664
Status:
Active
Beds:
4
Baths:
4
Type:
Multi Family
Subtype:
Duplex
Subdivision:
HIGHLAND SUB
Neighborhood:
33850lakealfred
Listed Date:
Mar 13, 2026
Finished Sq Ft:
1,925
Total Sq Ft:
1,961
Lot Size:
7,248 sqft / 0.17 acres (approx)
Year Built:
2023
Units:
2
See this Listing
Schools
Interior
Appliances
Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
Cooling
Central Air
Flooring
Vinyl
Heating
Central
Interior Features
Ceiling Fan(s), Open Floorplan, Thermostat, Walk-In Closet(s)
Laundry Features
Laundry Closet
Exterior
Construction Materials
Block, Stucco
Exterior Features
Fenced, Sidewalk
Roof
Shingle
Financial
Tax Year
2025
Taxes
$5,987
Map
Community
- Address640 E GRAPEFRUIT AVENUE LAKE ALFRED FL
- SubdivisionHIGHLAND SUB
- CityLAKE ALFRED
- CountyPolk
- Zip Code33850
Subdivisions in LAKE ALFRED
- ACREAGE
- ADAM WILLIAM SUB
- CAROLINA-GOODMAN
- CODINGTON LAKE ALFRED
- CODINGTON REP LAKE ALFRED
- COOPER ADD
- CREEKSIDE ESTATES
- ECHO HEIGHTS FIRST ADD
- ECHO LAKE PARK SUB
- ECHO TERRACE
- ECHO TERRACE PB 23 PG 16
- EDEN HILLS
- EDEN HILLS PB 185 PG 1-6 LOT 87
- EDEN HILLS PH 2
- EDEN HILLS PH 2B
- EDEN HILLS PHASE 2
- EL-MEDINA SUB
- FANNING SHORES SUB
- GARRETT SUB
- GUM LAKE 40’S
- GUM LAKE 50’S
- GUM LAKE PRESERVE
- HAINESPORT
- HIGHLAND SUB
- LAKE ALFRED 03 REP
- LAKE ALFRED ESTATES
- LAKE ALFRED LUMBER CO SUB
- LAKE ALFRED PINES
- LAKE ALFRED REP
- LAKE CUMMINGS ESTATES
- LAKE GUM ESTATES
- LAKE HAINES BLVD REP
- LAKE MARIANA
- LAKE MARIANA ACRES
- LAKE MARIANA ACRES UNIT 3
- LAKE MARIANA SHORES
- LAKES TR 02
- LAKES TR 5
- LANCASTER SHORES SUB
- LUMBEE OAKS
- MAGNOLIA RDG
- MAGNOLIA RIDGE
- MARIANA SHORES
- NEW ARMENIA REV MAP
- RIGGINS H S SUB
- ROCHELLE TERRACE
- ROWSE ADD
- SILVERLAKE PH 1
- SILVERLAKE PHASE 1
- SILVERLAKE PHASE 2
- SLIVER LAKE
- SPRINGS AT LAKE ALFRED
- THE LAKES TR 6
- TODHUNTER ESTATES
- TRACT 5 THE LAKES PB 179 PGS 39-40 LOT 71
- TWIN LAKE SUB
- WATER RIDGE
- WATER RIDGE SUB
- WATER RIDGE SUBDIVISION
Market Summary
Current real estate data for Multi Family in LAKE ALFRED as of Apr 30, 2026
4
Multi Family Listed
101
Avg DOM
214
Avg $ / SqFt
$414,250
Avg List Price
Property Summary
- Located in the HIGHLAND SUB subdivision, 640 E GRAPEFRUIT AVENUE LAKE ALFRED FL is a Multi Family for sale in LAKE ALFRED, FL, 33850. It is listed for $471,000 To schedule a showing of MLS#o6390664 at 640 E GRAPEFRUIT AVENUE in LAKE ALFRED, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.
Similar Listings Nearby
Courtesy of FHG REALTY, LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 640 E GRAPEFRUIT AVENUE
LAKE ALFRED, FL
