19 W Eagle Avenue Eagle Lake, FL 33839
For Sale MLS# TB8424613
4,134 sq ft Commercial
Details for 19 W Eagle Avenue
MLS# TB8424613
Description for 19 W Eagle Avenue, Eagle Lake, FL, 33839
** 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 $100,000 NOI at a 6.6 cap rate for 8 units. Other properties included in the optional portfolio: 650 N 8th St and 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.
Listing Information
Property Type: Commercial, Mixed Use
Status: Active
Lot Size: 0.31 Acres
Square Feet: 4,134 sq ft
Year Built: 1932
Stories: 1 Story
Construction: Wood Frame
Construction Display: New Construction
Foundation: Crawlspace
Number Of Units Total: 8
County: Polk
Construction Status: New Construction
Interior Features
Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
Flooring: Luxury Vinyl
Basement: Crawl Space
Doors/Windows: Blinds
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: High Speed Internet Available
Cooling: Ductless
Exterior / Lot Features
Parking Description: Parking Space(s)
Roof: Shingle
Additional Exterior/Lot Features: Corner Lot
Driving 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.
Financial Considerations
Terms: Cash,Other,Special Funding
Tax/Property ID: 26-29-07-679000-044030
Tax Amount: 6513
Tax Year: 2024
A broker reciprocity listing courtesy: COMPASS FLORIDA LLC
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 19 W Eagle Avenue
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
Schools
Schools nearby 19 W Eagle Avenue
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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