640 E Grapefruit Ave Lake Alfred, FL 33850
Estimated payment $2,977/month
Highlights
- Open Floorplan
- Walk-In Closet
- Central Heating and Cooling System
- No HOA
- Laundry closet
- Ceiling Fan
About This Home
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!
Listing Agent
FHG REALTY, LLC Brokerage Phone: 407-505-7600 License #3365929 Listed on: 03/13/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,987
Year Built
- Built in 2023
Lot Details
- 7,248 Sq Ft Lot
- Lot Dimensions are 50x145
- Fenced
Home Design
- Duplex
- Slab Foundation
- Shingle Roof
- Block Exterior
- Stucco
Interior Spaces
- 1,925 Sq Ft Home
- Open Floorplan
- Ceiling Fan
- Vinyl Flooring
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- 4 Bathrooms
Laundry
- Laundry closet
- Dryer
- Washer
Utilities
- Central Heating and Cooling System
- Thermostat
- Cable TV Available
Community Details
- No Home Owners Association
- 1,961 Sq Ft Building
- Highland Sub Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 13 / A
- Assessor Parcel Number 26-27-28-493500-001130
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,480 | $312,120 | $13,485 | $166,466 |
| 2024 | $254 | $285,120 | $13,485 | $162,389 |
| 2023 | $254 | $13,000 | $13,000 | -- |
| 2022 | $218 | $11,000 | $11,000 | $0 |
| 2021 | $206 | $10,000 | $10,000 | $0 |
| 2020 | $195 | $9,400 | $9,400 | $0 |
| 2018 | $192 | $9,000 | $9,000 | $0 |
| 2017 | $183 | $8,600 | $0 | $0 |
| 2016 | $186 | $8,600 | $0 | $0 |
| 2015 | $182 | $8,200 | $0 | $0 |
| 2014 | $162 | $7,480 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/13/2026 03/13/26 | For Sale | $471,000 | +10.8% | $245 / Sq Ft | |
| 07/26/2023 07/26/23 | Sold | $425,000 | 0.0% | $235 / Sq Ft | View Prior Sale |
| 06/27/2023 06/27/23 | Pending | -- | -- | -- | |
| 05/23/2023 05/23/23 | Price Changed | $425,000 | -5.6% | $235 / Sq Ft | |
| 03/19/2023 03/19/23 | For Sale | $450,000 | -- | $249 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $425,000 | Home Solution Title | |
| Warranty Deed | $25,000 | None Listed On Document | |
| Warranty Deed | $25,000 | None Listed On Document | |
| Quit Claim Deed | $1,254 | None Listed On Document | |
| Quit Claim Deed | -- | Attorney |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $318,750 | New Conventional |
Source: Stellar MLS
MLS Number: O6390664
APN: 26-27-28-493500-001130
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Based on information submitted to the MLS GRID
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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Ask me questions while you tour the home.