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About This Home

This 4-bedroom, 4-bathroom residential multi family at 640 E Grapefruit ave in Lake Alfred, FL is listed for $459,000 ($238 per sqft). Built in 2023, the home offers 1,925 sqft of living space on a 0.17 acres lot.

Agent Description

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.

Key Features

  • Built in 2023
  • 0.17 acre lot
  • Waterfront

Property Details

1 story
4 full
2023

Amenities

WaterfrontView

Monthly Cost Estimate

$2,455/mo

20% down · 6.5% · 30 years

Principal$332
Interest$1,989
Insurance$134

Estimates only. Actual payments may vary.

Location

640 E Grapefruit ave

Lake Alfred, FL 33850

Highland Sub Pb 4 Pg 2

Property Details

Flooring

Vinyl

Construction

Stucco

Views

Lake

Parking

Garage

Cooling

Central Air

Appliances

DishwasherDryerGarbage DisposerMicrowaveRefrigeratorWasher

Questions & Answers

This 4-bedroom, 4-bathroom residential multi family at 640 E Grapefruit ave is listed at $459,000 ($238/sqft). The estimated monthly payment is $1,989 based on 20% down at 6.5% interest.

Key features include: Built in 2023, 0.17 acre lot, Waterfront.

This property is listed by Nijael Mustafa and can be reached at 8632214585 or nijael1994@gmail.com.

NM

Nijael Mustafa

Agent at FHG REALTY, LLC

(863) 221-4585

Listed by FHG REALTY, LLC · View on Broker Site

MLS# 11642456· Source: listhub· Updated 116 days ago

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

640 E Grapefruit ave, Lake Alfred, FL 33850

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