6900 Miami Drive, Indian Lake Estates, FL 33855
- $498,000
- 4
- BD
- 4
- BA
- 3,264
- SqFt
- Sold Price
- $498,000
- List Price
- $499,000
- Status
- Sold
- Days on Market
- 159
- Closing Date
- Mar 09, 2026
- MLS#
- K4903026
- Property Style
- Quadruplex
- Year Built
- 1959
- Bedrooms
- 4
- Bathrooms
- 4
- Living Area
- 3,264
- Lot Size
- 19,249
- Acres
- 0.44
- Total Acreage
- 1/4 to less than 1/2
- Legal Subdivision Name
- Indian Lake Estates Unit 10
- MLS Area Major
- Indian Lake Estates/Lake Wales
Property Description
Exceptional Investment Opportunity in Polk County! Discover this solidly built, income-producing fourplex, ideally positioned just off Hwy 60 in a peaceful rural setting with close proximity to popular recreational destinations like The Resort at Canopy Oaks, River Ranch Resort by Westgate, Guy Harvey’s Camp Mack Resort, and Vero Beach just a short drive east! This multifamily property features two concrete block buildings with shingle roofs, offering a total of four spacious 1-bedroom, 1-bathroom units—each over 800 sq. ft. With thoughtful upgrades and solid infrastructure, this property is both low-maintenance and tenant-friendly. Property Highlights Include: • Solid Construction: Two buildings built in 1959 with roofs replaced approx. 4 years ago. • Tenant-Paid Electricity: Each unit is sub-metered for electric, reducing owner expenses. • City Water + Renovated Septic: public water (landlord paid) and a recently upgraded septic system. • Spacious Layouts: Each unit includes a well-maintained kitchen and bathroom, living room and large bedroom. • Shared Laundry Room: for added convenience. • Bonus RV Hook-Up: Water and sewer connection available for an RV—perfect for extra income or guest use. Whether you’re a first-time investor or expanding your portfolio, this property qualifies for residential financing, making it a rare attainable investment opportunity. Enjoy nearby lake access at Lake Walk-in-Water with beach and fishing pier, or tee off at the local golf course—this property combines income potential with a sought-after lifestyle setting!
Additional Information
- Taxes
- $6109
- Annual Gross Income
- 52200
- Hoa Fee
- $347
- HOA Payment Schedule
- Annually
- Location
- Near Golf Course, Near Marina
- Community Features
- Clubhouse, Fitness Center, Golf Carts OK, Golf, Park, Restaurant, Tennis Court(s), No Deed Restriction, Golf Community
- Property Description
- Two Story
- Interior Layout
- Ceiling Fans(s)
- Interior Features
- Ceiling Fans(s)
- Appliances
- Range, Refrigerator
- Utilities
- BB/HS Internet Available, Cable Available, Electricity Connected, Water Connected
- Heating
- Ductless
- Air Conditioning
- Mini-Split Unit(s), Wall/Window Unit(s)
- Exterior Construction
- Concrete
- Exterior Features
- Outbuildings, Lighting, Other, Storage
- Roof
- Shingle
- Foundation
- Slab
- Pool
- No Pool
- Water Extras
- Fishing Pier
- Water Access
- Lake
- Pets
- Allowed
- Flood Zone Code
- X
- Parcel ID
- 30-31-04-994100-031807
- Legal Description
- INDIAN LAKE ESTS UNIT 10 SEC 4/9 31 30 PB 40 PG 14 BLK 318 LOT 1 THAT PART DESC AS BEG AT MOST NLY COR RUN S 44 DEG 10 MIN 35 SEC E 198.05 FT S 76 DEG 37 MIN 40 SEC W 137.83 FT N 43 DEG 50 MIN 50 SEC W 127.47 FT N 45 DEG 49 MIN 25 SEC E 117.65 FT TO POB
Listing courtesy of LEGACY REAL ESTATE CENTER INC. 863-676-0200
Selling Office: FUTURE HOME REALTY.Mortgage Calculator
StellarMLS is the source of this information via Internet Data Exchange Program. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. Data last updated on