Multifamily Duplex Assisted Living Potential for Sale
$325,000
804 Martin Luther King Blvd NE, Winter Haven, FL 33881
2,240 sqft
Building Size
0.37 acres
Lot Area
Details:
Highlights:
- Duplex
- Potential ALF
- 7 bd/7ba
- High traffic
- Zoned to build another duplex
Description:
An excellent investment property: currently a duplex, this property could be used as an assisted living facility, income rental property, or a personal residence with rental space next door! The building on the property was constructed in 2016 and has seven beds and seven baths. There is also a substantial, generous green space. Comprised of two city lots, this property's zoning allows for building another duplex on the property as well. With group home potential, on a high traffic road, this property's income potential is wide and varied. All uses and further development must be verified with the county by the buyer.
Winter Haven is the second most populated city in Polk County, with an estimated population of 37,689 as of the 2015 census. Winter Haven is home to Legoland, which also retains significant portions of the original botanical gardens known as Cypress Gardens. Since it boasts two "Chain of Lakes," Winter Haven utilizes its more than 50 lakes for commerce and entertainment.
Location
