$459,000
640 Grapefruit Avenue
Lake Alfred, FL 33850
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Welcome to 640 Grapefruit Ave! This newer construction duplex built in 2023 offering immediate income potential with tenants already in place. Situated on approximately 0.17 acres, this property features a spacious fenced yard and NO HOA, providing added flexibility for ownership and use. Each unit offers a well-designed 2 bedroom, 2 bath open floor plan layout with modern finishes, open living spaces, and a low-maintenance design ideal for both tenants and owners. The functional floor plans provide comfortable living with efficient use of space, making this a strong option for both long-term rentals and owner-occupants looking to offset expenses. Conveniently located in the heart of Lake Alfred, the property offers easy access to US-17/92 and is just minutes from I-4, allowing for a smooth commute to both Orlando and Tampa. Nearby shopping, dining, and everyday conveniences can be found in Winter Haven, Auburndale, and Lakeland, all within a short drive. The area continues to experience growth, including a newly planned Publix-anchored shopping center nearby, adding future retail and dining options. Outdoor enthusiasts will appreciate the proximity to local lakes and nearby trails like the Chain Of Lakes Trail! while also being close to schools, parks and more. Ideal opportunity for investors seeking a turnkey rental property or for owner-occupants looking to generate income. Inquire about this property today!
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 history63 days on market
- Status: ActiveMar 14, 2026
- Listed$471,000Mar 13, 2026
- Price reduced$459,000
Virtual Tour
Facts & features
- Property type
- Residential Income
- Sub type
- Duplex
- Status
- Active
- Days on market
- 63
- Subdivision
- Highland Sub
- County
- Polk
- Year built
- 2023
- Living area
- 1,925 sq ft
- Price/sq ft
- $238
- Building area
- 1,961 sq ft (Public Records)
- Lot size
- 7,248 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- X (12105C0355G)
- Annual taxes
- $5,987 (2025)
- Parcel #
- 26-27-28-493500-001130
- Zoning
- R-2
- MLS #
- O6390664
Interior Details
- Bedrooms
- 4
- Flooring
- Vinyl
- Appliances
- Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
- Interior features
- Ceiling Fans(s), Open Floorplan, Thermostat, Walk-In Closet(s)
- Laundry
- Laundry Closet
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
Exterior & Construction
- Exterior features
- Fence, Sidewalk
- Construction materials
- Block, Stucco
- Roof
- Shingle
- Foundation
- Slab
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Available, Electricity Available
Listing Details
- Listing date
- 2026-03-13
- On market date
- 2026-03-13
- Original list price
- $471,000
- Occupant type
- Tenant
- MLS area
- 33850 - Lake Alfred
- Listing AOR
- Orlando Regional
- Status changed
- 2026-03-14
- Tax legal description
- HIGHLAND SUB PB 4 PG 2 BLK A LOT 13
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
From US-17/92 in Lake Alfred, head east on E Main St. Turn left onto N 3rd St, then right onto E Grapefruit Ave. Property will be on the left at 650 E Grapefruit Ave
More homes like this
$25,000
26-27-28-493500-011041 N 3rd St
Lake Alfred, FL 33850
0.28 acres
Highland Sub
MLS# A4662550
$459,000
650 E Grapefruit Ave
Lake Alfred, FL 33850
4 bd · 4 ba · 1,925 sqft
Highland Sub
MLS# O6390539
$340,000
643 Grove St
Winter Haven, FL 33881
4 bd · 2 ba · 1,853 sqft
Inman Groves
MLS# O6379127
$477,000
1316 Lake Ariana Blvd
Auburndale, FL 33823
3 bd · 3 ba · 2,804 sqft
Ariana Hills
MLS# W7885605
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 May 15, 2026 at 11:26 AM 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.
Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA