$420,000
402 E Main Street Dundee, FL 33838
For Sale MLS# P4938541
Other
Details for 402 E Main Street
MLS# P4938541
Description for 402 E Main Street, Dundee, FL, 33838
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.
Listing Information
Property Type: Commercial Sale
Status: Active
Lot Size: 0.21 Acres
Square Feet: 3,352 sq ft
Year Built: 1946
Stories: 2 Story
Construction: Block
Subdivision: Dundee
Foundation: Slab
Number Of Units Total: 5
County: Polk
Interior Features
Appliances: Refrigerator
Utilities
Water: Public
Sewer: Septic Tank
Other Utilities: Electricity Available,Water Connected
Cooling: Wall/Window Unit(s)
Heating: Electric
Exterior / Lot Features
Roof: Shingle
Driving 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.
Financial Considerations
Terms: Cash
Gross Income: 51000
Tax/Property ID: 27-28-28-836000-014091
Tax Amount: 5889
Tax Year: 2025
A broker reciprocity listing courtesy: REAL ESTATE BROKERS USA, INC.
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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 402 E Main Street
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 402 E Main Street
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Data powered by ATTOM Data Solutions. Copyright© 2026. 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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