
$990,000
19 Eagle Avenue
Eagle Lake, FL 33839
Listing updated: June 11, 2026 at 3:10 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
** Prime Investment Opportunity – 8 Units + Portfolio Option ** Introducing a fully renovated 8-unit income-producing property located on a large corner lot in Eagle Lake. The property consists of 7 apartment units and 1 detached single-family home, offering versatile rental options for steady cash flow. Built with a combination of concrete block and wood frame, this property underwent a complete renovation with a NEW roof in 2022, all new electrical, all new plumbing (CPVC & PEX), luxury vinyl plank (LVP) flooring, new appliances, countertops, tankless 30-gallon water heaters, and fresh interior/exterior paint. Every system and finish has been modernized to minimize maintenance and maximize return. This property has a proven rental history, leasing quickly due to its quality updates and prime location. Investors will also appreciate the opportunity to purchase it as part of a larger portfolio consisting of two additional single-family homes, totaling 10 units across 3 parcels. With rents in Eagle Lake increasing over 300 p ercent in the last decade and the current average rent hovering around $2,000, this property presents a rare chance to secure a total $73,000 NOI at a 7.29 cap rate for 8 units - due for 2026 rent increases for an extra $6,000 NOI. Other properties included in the optional portfolio: 652 N Jackson St. Don’t miss this exceptional opportunity to expand or establish your rental portfolio in one of Central Florida’s fastest-growing rental markets.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history276 days on market
- Status: ActiveSep 8, 2025
- Listed$1,166,000Sep 8, 2025
- Price reduced$990,000
Facts & features
- Property type
- Commercial Sale
- Sub type
- Mixed Use
- Status
- Active
- Days on market
- 276
- County
- Polk
- Year built
- 1932
- Living area
- 4,134 sq ft
- Price/sq ft
- $217
- Building area
- 4,572 sq ft (Public Records)
- Lot size
- 13,586 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- X
- Annual taxes
- $6,513 (2024)
- Parcel #
- 26-29-07-679000-044030
- Zoning
- LAND
- MLS #
- TB8424613
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Interior Details
- Flooring
- Luxury Vinyl
- Appliances
- Dishwasher, Dryer, Microwave, Refrigerator, Washer
- Stories / Levels
- One
- Direction faces
- Southwest
Heating & Cooling
- Cooling
- Mini-Split Unit(s)
Parking
- Parking features
- Parking Spaces - 6 to 12
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Listing terms
- Cash, Other, Special Funding
- Ownership
- Other
Exterior & Construction
- Construction materials
- Frame
- Roof
- Shingle
- Foundation
- Crawlspace
- Road surface
- Dirt, Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- BB/HS Internet Capable
Listing Details
- Listing date
- 2025-09-03
- On market date
- 2025-09-08
- Original list price
- $1,166,000
- Occupant type
- Tenant
- MLS area
- 33839 - Eagle Lake
- Listing AOR
- Suncoast Tampa
- Status changed
- 2025-09-08
- Tax legal description
- EAGLE LAKE PB 1 PG 12 TIER 4 BLK 4 LOT 3 S 50 FT & 4 LESS R/W FOR SR 555
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Drive 8 miles on US-17 S, stay south for .8 miles - property on the left hand side. 1 unit faces 4th St and the other units face Eagle Ave.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively 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.
Based on information submitted to the MLS GRID as of June 11, 2026 at 3:10 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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