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$1,095,000 - 19 West Eagle Avenue, EAGLE LAKE

-
Bedrooms
-
Baths
4,134
SQ. Feet
0.31
Acres

** 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.

Essential Information

  • MLS® #:
    TB8424613
  • Price:
    $1,095,000
  • Bathrooms:
    0.00
  • Square Footage:
    4,134
  • Acres:
    0.31
  • Year Built:
    1932
  • Type:
    Commercial Sale
  • Sub-Type:
    Mixed Use
  • Status:
    Active

Community Information

  • Address:
    19 West Eagle Avenue
  • Area:
    Eagle Lake
  • City:
    EAGLE LAKE
  • County:
    Polk
  • State:
    FL
  • Zip Code:
    33839

Amenities

  • Parking:
    Parking Spaces - 6 to 12

Interior

  • Appliances:
    Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Cooling:
    Mini-Split Unit(s)

Exterior

  • Lot Description:
    Corner Lot
  • Roof:
    Shingle
  • Foundation:
    Crawlspace

Additional Information

  • Days on Market:
    142
  • Zoning:
    LAND

Listing Details

  • Listing Office:
    Compass Florida Llc

Listing information courtesy of Compass Florida Llc.

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Listing data comes from My Florida Regional MLS.

Listing information last updated on January 28th, 2026 at 10:05am EST.