Newer-construction duplex offering immediate rental income potential with tenants already in place. Built in 2023, this property sits on approximately 0.17 acres with a spacious fenced yard and no HOA, providing added flexibility for ownership and use. Each unit features modern finishes, efficient layouts, and low-maintenance design suited to a variety of living needs. Located near everyday amenities, major roadways, and local services, the property also benefits from ongoing area growth, including a newly announced Publix development in Lake Alfred, which may contribute to increased convenience and community expansion. This duplex presents an opportunity for both investors and owner-occupants seeking income-producing real estate. Information is deemed reliable but should be independently verified.
For sale
Price cut: $999 (6/6)
$449,999
650 E Grapefruit Ave, Lake Alfred, FL 33850
4beds
--sqft
Multi Family
Built in 2023
-- sqft lot
$443,000 Zestimate®
$--/sqft
$-- HOA
What's special
Modern finishesLow-maintenance designSpacious fenced yardEfficient layouts
- 156 days |
- 54 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
Nijael Mustafa 863-221-4585,
FHG REALTY, LLC
Source: My State MLS,MLS#: 11642857
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Kitchen
- Features: Open, Granite Counters
Basement
- Area: 0
Heating
- Has Heating (Unspecified Type)
Cooling
- Central
Appliances
- Included: Dishwasher, Disposal, Dryer, Refrigerator, Microwave, Oven, Washer, Water Heater, Stainless Steel Appliances
Features
- Flooring: Vinyl
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,925
- Finished area above ground: 1,925
Property
Features
- Stories: 1
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
Lot
- Size: 7,405 Square Feet
Details
- Parcel number: 262728493500001141
- Lease amount: $0
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Masonry - Stucco
- Roof: Asphalt
Condition
- New construction: No
- Year built: 2023
Utilities & green energy
- Electric: Amps(0)
Community & HOA
Community
- Subdivision: HIGHLAND SUB PB 4 PG 2
HOA
- Has HOA: No
Location
- Region: Lake Alfred
Financial & listing details
- Tax assessed value: $8,200
- Annual tax amount: $169
- Date on market: 2/5/2026
- Date available: 02/05/2026
- Listing agreement: Exclusive
Estimated market value
Zestimate®
$443,000
Estimated sales range
$421,000 - $465,000
Rent Zestimate®
$1,804/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/6/2026 | Price change | $449,000-0.2% |
Source: | ||
| 6/5/2026 | Price change | $449,999-2% |
Source: My State MLS #11642857 Report a problem | ||
| 5/15/2026 | Price change | $459,000-2.5% |
Source: | ||
| 2/5/2026 | Listed for sale | $471,000-3% |
Source: My State MLS #11642857 Report a problem | ||
| 9/30/2024 | Listing removed | $485,599-2.9% |
Source: | ||
| 7/19/2024 | Listed for sale | $500,000+20.5% |
Source: | ||
| 7/26/2023 | Sold | $415,000-2.4% |
Source: | ||
| 6/28/2023 | Pending sale | $425,000 |
Source: | ||
| 5/23/2023 | Listed for sale | $425,000-5.6% |
Source: | ||
| 5/12/2023 | Listing removed | -- |
Source: | ||
| 4/28/2023 | Listed for sale | $450,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2015 | $169 | $8,200 +9.6% |
| 2014 | $169 +8.4% | $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 -59.6% | $7,600 -60.1% |
| 2009 | $419 -17.6% | $19,058 -17.6% |
| 2008 | $508 | $23,123 +139.4% |
| 2007 | -- | $9,658 +2.5% |
| 2006 | -- | $9,422 |
| 2005 | -- | $9,422 +6.1% |
| 2004 | -- | $8,882 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll 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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 33850
Nearby schools
GreatSchools rating
- 3/10Lake Alfred Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 3/10Jere L. Stambaugh Middle SchoolGrades: 6-8Distance: 4.7 mi
- 3/10Auburndale Senior High SchoolGrades: PK,9-12Distance: 4.5 mi
Schools provided by the listing agent
- District: 000000
Source: My State MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Florida
- Polk County
- Lake Alfred
- 33850
- 650 E Grapefruit Ave