3818 RED OAK COURT, LAKE WALES, FL 33898
$489,000 · Active
MLS #O6414909
- Price
- $489,000
- Status
- Active
- Bedrooms
- 4
- Bathrooms
- 3
- Living area
- 2,160 sq ft
- Home type
- Single Family Residence
- Year built
- 1994
- Lot size
- 0.52 acres
- Full bathrooms
- 2
- Half bathrooms
- 2
- Private pool
- No
- Waterfront
- No
- New construction
- No
- HOA
- No
- 55+ community
- No
- Levels
- Two
- County
- Polk
- Garage spaces
- 2
- Annual property taxes
- $4,052.58
- Subdivision
- COUNTRY OAKS ESTATES
- Appliances & Equipment
- Convection Oven · Dishwasher · Range Hood · Refrigerator · Other equipment: Private Entrance
- Bathrooms
- 4 total bathrooms · 2 full bathrooms · 2 half bathrooms
- Bedrooms
- 4 total bedrooms
- Building
- Built in 1994 · Living area: 2160 · Living area units: Square Feet · Building faces Northeast · 2 stories · Levels: Two · Construction Materials: Concrete
- Cooling
- Central Air
- Exterior Features
- Lighting · Private Entrance
- Floors
- Laminate
- Foundation
- Slab
- Garage
- 2 spaces
- Heating
- Central
- Interior Features
- Thermostat · Window Treatments
- Laundry
- Electric Dryer Hookup · In Garage · Washer Hookup
- Lot
- 0.52 acres · Dimensions: 108x200
- Roof
- Shingle
- Sewer
- Septic Tank
- Utilities
- Cable Connected · Natural Gas Connected · Water Connected · Water Source: Public
- Elementary school
- Spook Hill Elem
- Middle school
- McLaughlin Academy Of Excellence
- High school
- Lake Wales Senior High
About this home
Excellent investment opportunity in the growing Lake Wales market! This duplex offers immediate cash flow with both units currently tenant-occupied, making it the perfect addition to an investor's portfolio. 3818 will remain tenant-occupied until Oct. 2027 and 3820 will be occupied until Oct. 2026. Each side of this well-maintained duplex features 2 bedrooms, 1.5 bathrooms, and approximately 1,080 square feet of living space, providing spacious and comfortable accommodations for tenants. With a total of 2,160 square feet, the property offers strong rental appeal and consistent income potential. Skip the hassle and expense of finding tenants—both units are already occupied and generating income from day one. Whether you're a seasoned investor looking to expand your portfolio or a first-time investor seeking a turnkey rental property, this duplex presents a rare opportunity to acquire a stabilized asset in a desirable Central Florida location. Don't miss your chance to own a cash-flowing duplex with built-in income and long-term investment potential.
Courtesy of THE REALTY MEDICS 321-947-7653
Schedule A Tour Get More Information On This HomeContact LPT Realty at (877) 366-2213 to ask about this home.