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*
The income description goes here to explain
| 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 |
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.
Robert Crawford
REAL ESTATE AGENT