1210 State 17 Rd, Dundee, FL 33838 | For Sale

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For Sale $849,000 ($223.89 per Sq Ft)

$849,000 ($223.89 per Sq Ft)
  • (0)
  • 12 Bedrooms
  • 9 Bathrooms
  • 3,792 Sq Ft
  • 57,521 Sq Ft

Description

The Apartment Brokers present Lake Josephine Apartments a 9-unit waterfront multifamily asset sitting directly on the shoreline in Dundee, FL.? A rare lakefront offering.? The property has a balanced unit mix of three studios, three 1BR/1BA, and three 2BR/1BA units across 3,792 SF of concrete block construction on a 1.32-acre lot.?

In-place rents currently sit below market on multiple units, leaving a clear path to grow returns further without renovation risk. With the landlord covering electric, water, sewer, and trash, operations are simple and tenant turnover is straightforward

This property’s unique waterfront location enhances its appeal, offering tenants a serene living environment while also providing significant potential for investors looking to capitalize on the property’s natural setting and strong rental demand in Dundee. Lake Josephine Apartments combines solid construction, a diverse unit mix, and an unbeatable lakeside location, making it an exceptional investment opportunity in the heart of Polk County.

*DISCLAIMER: ONE UNIT IS NON-CONFORMING*

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

List Price $849,000
Property Type Fourplex (4-units)
Usable Sqft 3,792
Number of Stories 0 stories
Parking Spots 0 spots
Year Built 1947
Last Sold Unknown
Sold Price Unknown
APN # 272827835520000054
MLS # TB8514488
Property ID 322896041
Lot Sqft 57,521
Zoning Unknown
Days on Market 75
Original List Price $899,000
Date Updated July 29, 2026
Date Created June 01, 2026
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Listing Provided By

Tito Urbano Perez an agent of .


© 2026 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of July 29, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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