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For sale
    • Price increase: $999 (6/28)
    $449,999

    640 E Grapefruit Avenue, Lake Alfred, FL 33850

    4beds
    4baths
    1,925sqft
    : 
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    Duplex, Multi Family, Multi Family
    Built in 2023
    -- sqft lot
    $439,200 Zestimate®
    $234/sqft
    $-- HOA

    What's special

    Fenced yardModern finishesLow-maintenance design
    Newer 2023 duplex offering immediate income with tenants already in place in both units. Situated on 0.17 acres, the property features a fenced yard and NO HOA, offering flexibility and low restrictions. Each unit includes a well-designed 2BR/2BA open-concept layout with modern finishes, spacious living areas, and low-maintenance design ideal for tenants or owner-occupants. Located in the heart of Lake Alfred with quick access to US-17/92 and I-4, providing an easy commute to Orlando and Tampa. Just minutes from Winter Haven, Auburndale, and Lakeland for shopping, dining, and everyday conveniences. Nearby growth includes a planned Publix-anchored center, adding future value. Outdoor recreation is close with lakes, parks, and the Chain of Lakes Trail nearby.
    16 days
    |
    68
    |
    2
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Nijael Mustafa 863-221-4585,

    FL Home Group LLC

    Source: BeachesMLS,MLS#: B26046275MLS LogoOriginating MLS: BeachesMLS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      Heating
      • Central
      Cooling
      • Central Air, Ceiling Fan(s), Electric
      Appliances
      • Laundry: Electric Dryer Hookup, Inside, In Unit
      Features
      • Flooring: Vinyl
      Interior area
      • Total structure area: 1,961
      • Total interior livable area: 1,925 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 4
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Storage
      • Fencing: Back Yard,Fenced
      • Has view: Yes
      • View description: Other
      • Waterfront features: None
      Lot
      • Size: 7,248 Square Feet
      • Features: < 1/4 Acre
      Details
      • Parcel number: 282726493500001130
      • Zoning: R-2
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex, Multi Family, Multi Family
      Materials
      • Block
      • Roof: Shingle
      Condition
      • Year built: 2023

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Multiple Meters, Public
      • Utilities for property: Water Available

      Community & HOA

      Community
      • Subdivision: HIGHLAND SUBDIVISION
      HOA
      • Has HOA: No
      Location
      • Region: Lake Alfred

      Financial & listing details

      • Price per square foot: $234/sqft
      • Tax assessed value: $312,120
      • Annual tax amount: $5,987
      • Date on market: 6/28/2026
      • Cumulative days on market: 16 days
      • Listing terms: Cash,Conventional,1031 Exchange,FHA
      • Tenant pays: Cable TV, Electricity, Water

        Estimated market value

        $439,200

        $417,000 - $461,000

        $1,803/mo

        Price history

        DateEventPrice
        6/28/2026Price change$449,999+0.2%$234/sqft
        Source: BeachesMLS #B26046275 Report a problem
        6/6/2026Price change$449,000-0.2%$233/sqft
        Source: Stellar MLS #O6390664 Report a problem
        6/5/2026Price change$449,999-2%$234/sqft
        Source: My State MLS #11642456 Report a problem
        5/15/2026Price change$459,000-2.5%$238/sqft
        Source: Stellar MLS #O6390664 Report a problem
        2/5/2026Listed for sale$471,000-3%$245/sqft
        Source: My State MLS #11642456 Report a problem
        12/1/2025Listing removed$1,500$1/sqft
        Source: Zillow Rentals Report a problem
        9/17/2025Price change$1,500-6.3%$1/sqft
        Source: Zillow Rentals Report a problem
        9/15/2025Price change$1,600+6.7%$1/sqft
        Source: Zillow Rentals Report a problem
        8/27/2025Price change$1,500-3.2%$1/sqft
        Source: Zillow Rentals Report a problem
        8/24/2025Price change$1,550-3.1%$1/sqft
        Source: Zillow Rentals Report a problem
        7/17/2025Price change$1,600-1.5%$1/sqft
        Source: Zillow Rentals Report a problem
        6/27/2025Price change$1,625-1.5%$1/sqft
        Source: Zillow Rentals Report a problem
        6/25/2025Listed for rent$1,650$1/sqft
        Source: Zillow Rentals Report a problem
        9/30/2024Listing removed$485,599$252/sqft
        Source: Stellar MLS #O6225084 Report a problem
        9/30/2024Price change$485,599-2.9%$252/sqft
        Source: Stellar MLS #O6225084 Report a problem
        7/19/2024Listed for sale$500,000+17.6%$260/sqft
        Source: Stellar MLS #O6225084 Report a problem
        7/26/2023Sold$425,000$221/sqft
        Source: Stellar MLS #L4936023 Report a problem
        6/28/2023Pending sale$425,000$221/sqft
        Source: Stellar MLS #L4936023 Report a problem
        5/23/2023Price change$425,000-5.6%$221/sqft
        Source: Stellar MLS #L4936023 Report a problem
        3/19/2023Listed for sale$450,000+1700%$234/sqft
        Source: Stellar MLS #L4936023 Report a problem
        2/7/2022Sold$25,000$13/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,987 +9.3%$312,120 +9.5%
        2024$5,480 +2059.9%$285,120 +2093.2%
        2023$254 +16.3%$13,000 +18.2%
        2022$218 +5.8%$11,000 +10%
        2021$206 +5.8%$10,000 +6.4%
        2020$195 -2%$9,400
        2019$199 $9,400 +4.4%
        2018$199 +3.6%$9,000 +4.7%
        2017$192 +2.2%$8,600
        2016$188 +3.1%$8,600 +4.9%
        2015$182 +12.7%$8,200 +9.6%
        2014$162 +4%$7,480 +10%
        2013$156 +0.2%$6,800
        2012$155 -3.7%$6,800 -5.6%
        2011$161 -4.6%$7,200 -5.3%
        2010$169 -18.6%$7,600 -15.6%
        2009$208 -21.2%$9,000 -25%
        2008$264 $12,000
        2007-- --
        2006$214 --
        2005-- --
        2004$192 +0.8%--
        2003$190 -1.7%$7,950
        2002$193 $7,950
        2001$193 $7,950
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 33850

        Getting around

        7 / 100
        Car-Dependent
        29 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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