# 650 E GRAPEFRUIT Avenue, Lake Alfred, FL 33850 > **TL;DR:** 4bd/4ba multi-family, $429,000 ($238/sqft), built 2023, 1,800 sqft. > A/C. Est. $2,294/mo. Listed 42 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $429,000 | | Price/sqft | $238 | | Bedrooms | 4 | | Bathrooms | 4 full | | Square Feet | 1,800 | | Year Built | 2023 | | Lot Size | 7,405 sqft (0.17 acres) | | Stories | 1 | | Property Type | Multi-Family (Duplex) | | Status | Active | | Days on Market | 42 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $2,169 | | Estimated Insurance | $125 | | **Total** | **$2,294** | ## Key Amenities - A/C ## Property Highlights - Built in 2023 - 0.17 acre lot ## Description ### Agent Description Prime investment opportunity in Lake Alfred! Built in 2023, this modern, turn-key duplex delivers instant cash flow with tenants already in place. Sitting on a ~0.17-acre lot with a private, fully fenced yard and NO HOA, this property offers ultimate flexibility for hands-off landlords or house-hackers looking to live in one side and offset their mortgage. Both units boast a functional, open-concept 2-bedroom, 2-bathroom layout finished with fresh paint, durable low-maintenance flooring, and upgraded stainless steel appliances. Positioned right in the heart of town, residents enjoy fast access to US-17/92 and I-4 for effortless commutes to Orlando or Tampa, along with close proximity to local lakes, the Chain of Lakes Trail, and a planned Publix-anchored development. Portfolio Opportunity: Motivated seller! Can be acquired individually or bundled with the matching, 1,800 sq ft duplex right next door at 640 E Grapefruit Ave (Parcel: 26-27-28-493500-00130) for a target 6.24% portfolio cap rate. Multiple financing options available-schedule your private tour today! Disclaimer: Photos depict the vacant unit. Floor plans, interior finishes, and color schemes may vary slightly by unit. ## Location - **Address:** 650 E GRAPEFRUIT Avenue, Lake Alfred, FL 33850 - **County:** Polk - **Neighborhood:** HIGHLAND SUB - **Coordinates:** 28.102284, -81.719631 - **Google Maps:** https://www.google.com/maps?q=28.102284,-81.719631 ## Virtual Tour & Media - **Video Tour:** https://www.propertypanorama.com/instaview/stellar/R4911947 ## Listing Agent - **Name:** Sharon Bokor - **Brokerage:** Bokors Corner Realty LLC - Florida Real Estate Experts - **Phone:** 8137082266 - **Broker Phone:** (813) 708-2266 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/650-E-Grapefruit-Ave_Lake-Alfred_FL_33850_M66876-30491?f=listhub&s=MFRMLSFL&m=R4911947&c=propsimple) ## Photos ![650 E GRAPEFRUIT Avenue - Photo 1](http://lh.rdcpix.com/7d4beeb9f22f1b0860f497d12830c039l-f2812360171r.jpg) ![650 E GRAPEFRUIT Avenue - Photo 2](http://lh.rdcpix.com/7d4beeb9f22f1b0860f497d12830c039l-f447315280r.jpg) ![650 E GRAPEFRUIT Avenue - Photo 3](http://lh.rdcpix.com/7d4beeb9f22f1b0860f497d12830c039l-f610847173r.jpg) ![650 E GRAPEFRUIT Avenue - Photo 4](http://lh.rdcpix.com/7d4beeb9f22f1b0860f497d12830c039l-f348625992r.jpg) ![650 E GRAPEFRUIT Avenue - Photo 5](http://lh.rdcpix.com/7d4beeb9f22f1b0860f497d12830c039l-f3401680867r.jpg) ![650 E GRAPEFRUIT Avenue - Photo 6](http://lh.rdcpix.com/7d4beeb9f22f1b0860f497d12830c039l-f1802634227r.jpg) ![650 E GRAPEFRUIT Avenue - Photo 7](http://lh.rdcpix.com/7d4beeb9f22f1b0860f497d12830c039l-f1841313044r.jpg) ![650 E GRAPEFRUIT Avenue - Photo 8](http://lh.rdcpix.com/7d4beeb9f22f1b0860f497d12830c039l-f2675969306r.jpg) ![650 E GRAPEFRUIT Avenue - Photo 9](http://lh.rdcpix.com/7d4beeb9f22f1b0860f497d12830c039l-f658496894r.jpg) ![650 E GRAPEFRUIT Avenue - Photo 10](http://lh.rdcpix.com/7d4beeb9f22f1b0860f497d12830c039l-f203815422r.jpg) ![650 E GRAPEFRUIT Avenue - Photo 11](http://lh.rdcpix.com/7d4beeb9f22f1b0860f497d12830c039l-f57563663r.jpg) ![650 E GRAPEFRUIT Avenue - Photo 12](http://lh.rdcpix.com/7d4beeb9f22f1b0860f497d12830c039l-f862486080r.jpg) --- **MLS#:** R4911947 | **Updated:** 2026-10-13 **Source:** listhub *Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/650-e-grapefruit-avenue-lake-alfred-fl-33850-r4911947) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/650-e-grapefruit-avenue-lake-alfred-fl-33850-r4911947#listing", "url": "https://www.propertysimple.ai/listing/650-e-grapefruit-avenue-lake-alfred-fl-33850-r4911947", "name": "650 E GRAPEFRUIT Avenue, Lake Alfred, FL 33850", "description": "Prime investment opportunity in Lake Alfred! Built in 2023, this modern, turn-key duplex delivers instant cash flow with tenants already in place. 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