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Sold for $498,000
  • $498,000

    6900 MIAMI DRIVE, INDIAN LAKE ESTATES, FL 33855

    4beds
    4baths
    3,264sqft
    Quadruplex, Multi Family
    Built in 1959
    -- sqft lot
    $456,700 Zestimate®
    $153/sqft
    $1,447 Estimated rent

    Home value

    $456,700

    $434,000 - $480,000

    $1,447/mo

    Zestimate® history
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    What's special

    Large bedroomShared laundry roomShingle roofsSpacious layoutsWell-maintained kitchenThoughtful upgrades
    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Dolores Vogel 863-632-5573,

    LEGACY REAL ESTATE CENTER INC 863-676-0200

    Bought with:

    Anna Shoaf, 650815

    FUTURE HOME REALTY

    Source: Stellar MLS,MLS#: K4903026MLS LogoOriginating MLS: Lake Wales

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Heating
    • Wall Units / Window Unit
    Cooling
    • Ductless, Wall/Window Unit(s)
    Appliances
    • Included: Range, Refrigerator
    • Laundry: Laundry Room
    Features
    • Ceiling Fan(s)
    • Has fireplace: No
    Interior area
    • Total interior livable area: 3,264 sqft

    Property

    Features
    • Levels: Two
    • Stories: 2
    • Exterior features: Lighting, Other, Storage
    • Waterfront features: Lake, Lake Privileges, Fishing Pier
    Lot
    • Size: 0.44 Acres
    • Features: Near Golf Course, Near Marina
    Details
    • Additional structures: Shed(s), Storage, Outbuilding
    • Parcel number: 303104994100031807
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex, Multi Family
    Materials
    • Concrete
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • Completed
    • New construction: No
    • Year built: 1959

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: BB/HS Internet Available, Cable Available, Electricity Connected, Water Connected

    Community & HOA

    Community
    • Features: Dock, Fishing, Lake, Private Boat Ramp, Water Access, Clubhouse, Fitness Center, Golf Carts OK, Golf, Park, Restaurant, Tennis Court(s)
    • Pet fee: $0 monthly
    • Subdivision: INDIAN LAKE ESTATES UNIT 10
    HOA
    • Has HOA: Yes
    • HOA fee: $29 monthly
    • HOA name: Elizabeth Jewell
    • HOA phone: 863-692-1433
    Location
    • Region: Indian Lake Estates

    Financial & listing details

    • Price per square foot: $153/sqft
    • Annual tax amount: $6,109
    • Date on market: 8/3/2025
    • Cumulative days on market: 386 days
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Lease term: 12 Months
    • Total actual rent: 4350
    • Tenant pays: Electricity
    • Electric utility on property: Yes
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    3/9/2026Sold$498,000-0.2%$153/sqft
    Source: Stellar MLS #K4903026 Report a problem
    1/10/2026Pending sale$499,000$153/sqft
    Source: Stellar MLS #K4903026 Report a problem
    12/13/2025Listed for sale$499,000$153/sqft
    Source: Stellar MLS #K4903026 Report a problem
    11/18/2025Listing removed$499,000$153/sqft
    Source: Stellar MLS #K4903026 Report a problem
    8/3/2025Listed for sale$499,000-8.4%$153/sqft
    Source: Stellar MLS #K4903026 Report a problem
    7/28/2025Listing removed$545,000$167/sqft
    Source: Stellar MLS #O6255844 Report a problem
    11/15/2024Price change$545,000-0.9%$167/sqft
    Source: Stellar MLS #O6255844 Report a problem
    11/7/2024Listed for sale$550,000+219.8%$169/sqft
    Source: Stellar MLS #O6255844 Report a problem
    2/3/2016Listing removed$172,000$53/sqft
    Source: RE/MAX PARAMOUNT PROPERTIES #P4706319 Report a problem
    7/30/2015Listed for sale$172,000$53/sqft
    Source: RE/MAX PARAMOUNT PROPERTIES #P4706319 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 33855

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $456,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $456,700