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640 E Grapefruit Ave, LAKE ALFRED, FL - photo 1
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640 E Grapefruit Ave, LAKE ALFRED, FL - photo 2
640 E Grapefruit Ave, LAKE ALFRED, FL - photo 3
640 E Grapefruit Ave, LAKE ALFRED, FL - photo 4
640 E Grapefruit Ave, LAKE ALFRED, FL - photo 5
+8

$439,000

4 beds4 baths1,800 sqft|R4911803 MLS#

640 E Grapefruit Ave, LAKE ALFRED, FL 33850

Est.$2,634/moGet pre-qualified

Duplex

Multifamily

Built in

2023

Lot size

7,248 sqft

Price/sqft

$244

HOA

None

Listed by: Sharon Bokor, BOKORS CORNER REALTY LLC 813-708-2266

Source:Stellar MLS (MFRMLS)|MLS #R4911803

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Preferred Brokerage Partner

Kinsfolk Realty

Kinsfolk Signature Realty

What's special

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 650 E Grapefruit Ave (Parcel:26-27-28-493500-001141) for a target 6.24% portfolio cap rate. Multiple financing options available—schedule your private tour today!

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Facts & features

Bedrooms & bathrooms

  • Bedrooms:4
  • Bathrooms:4
  • Full bathrooms:0

Heating

  • Has Heating:Yes

Interior area

  • Total structure area:1,800 sqft
  • Total interior livable area:1,800 sqft

Parking

  • Parking features:N/A
  • Garage spaces:0
  • Has attached garage:No

Lot

  • Size:7,248 sqft

Details

  • Parcel number:N/A

Type & style

  • Home type:Duplex
  • Property subtype:Multifamily

Materials

  • • N/A

Condition

  • Year built:2023

Contact agent

Price history

DateEventPrice
2026-09-08T00:00:00.000ZListed for sale$439,000$244/sqft

Data Powered by Home Junction, Inc.

Nearby

Schools

KAREN M. SIEGEL ACADEMY

Elementary · 0.5 mi

LAKE ALFRED POLYTECH ACADEMY

High · 0.6 mi

DISCOVERY ACADEMY OF LAKE ALFRED

High · 0.7 mi

Supermarkets

Neighbor's Meat Market

0.9 mi

Tree-O Groves

1.1 mi

LA SUPERMARKET

1.1 mi

Dining

Gary's Oyster Bar

0.5 mi

Angie's Roadside Cafe

0.7 mi

Yumthing Else

0.7 mi

Parks

Lake Swoope Park

0.2 mi

Twin Lakes Park

0.4 mi

Twin Lakes Park and Lake Swoope Boat Ramp

0.6 mi

Nearby amenity locations include data © OpenStreetMap contributors.