$420,000
402 Main Street
Dundee, FL 33838
Listing updated: April 25, 2026 at 1:16 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Day on market
Flood zone
About this home
Fully occupied multifamily investment opportunity on an oversized corner lot with excellent visibility. This two-story apartment building features five units, each with its own electric meter. Each unit offers a one-bedroom, one-bath layout plus a bonus room that could function as a second bedroom, along with a kitchen and living area. Units are equipped with window A/C units. Tenants pay their own electric, while rent currently includes water and trash. The property is on city water with a septic system approximately 10 years old. Current gross annual income is $51,000, with strong potential for increased returns through renovations and rent adjustments. Additional features include a storage area that could be converted into a shared laundry facility, adding further value and convenience for tenants. Ideal for investors looking to add value and maximize income potential. View a video and navigate a 360 degree interactive virtual tour with zoom in and out capabilities to see how close Downtown Dundee is.
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 history1 days on market
- Status: ActiveApr 24, 2026
- Listed$420,000Apr 24, 2026
- Price increased$420,000
Virtual Tour
Facts & features
- Property type
- Commercial Sale
- Sub type
- Multi-Family 5+
- Status
- Active
- Days on market
- 1
- Subdivision
- Dundee
- County
- Polk
- Year built
- 1946
- Living area
- 3,352 sq ft
- Price/sq ft
- $124
- Building area
- 3,382 sq ft (Public Records)
- Lot size
- 9,108 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- X (12105C0390G)
- Annual taxes
- $5,889 (2025)
- Parcel #
- 27-28-28-836000-014091
- Zoning
- R-1A
- MLS #
- P4938541
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Interior Details
- Appliances
- Refrigerator
- Stories / Levels
- Two
- Direction faces
- North
Heating & Cooling
- Heating
- Electric
- Cooling
- Wall/Window Unit(s)
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Listing terms
- Cash
- Ownership
- Fee Simple
Exterior & Construction
- Construction materials
- Block
- Roof
- Shingle
- Foundation
- Slab
- Road surface
- Paved
Utilities
- Sewer
- Septic Tank
- Water source
- Public
- Utilities
- Electricity Available, Water Connected
Listing Details
- Listing date
- 2026-04-24
- On market date
- 2026-04-24
- Original list price
- $420,000
- MLS area
- 33838 - Dundee
- Listing AOR
- East Polk
- Status changed
- 2026-04-24
- Tax legal description
- DUNDEE PB 1 PG 86 BLK 14 LOT 9 N 75 FT & N 75 FT OF 10 & THAT PORTION OF SR 17 RD R/W LYING ADJACENT TO LOT 10 DESC AS COMM AT NW COR LOT 10 RUN E 9.32 FT FOR POB RUN N 3 FT E 34.5 FT S 3 FT W 34.5 FT TO POB
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 27 SOUTH TURN LEFT ON MAIN STREET GO THRU TRAFFIC LIGHT ABOUT 3 BLOCKS PROPERTY WILL BE ON THE RIGHT SIGN OUT FRONT.
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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 April 25, 2026 at 1:16 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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