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Active - Duplex for sale
650 E GRAPEFRUIT AVENUE, Lake Alfred, FL
Facts & features
Why you’ll love it
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 640 E Grapefruit Ave (Parcel: 26-27-28-493500-00130) for a target 6.24% portfolio cap rate. Multiple financing options available—schedule your private tour today! Disclaimer: Photos depict the vacant unit. Floor plans, interior finishes, and color schemes may vary slightly by unit.
Listings courtesy of BOKORS CORNER REALTY LLC as distributed by MLS GRID.
Listed by: Sharon Bokor • BokorsCornerRealty@gmail.com • BOKORS CORNER REALTY LLC
Co-listed by: BOKORS CORNER REALTY LLC
Source: Stellar MLS as distributed by MLS GRID, MLS#: R4911947
Based on info available as of Nov 13, 2026 at 12:33 PM EST.
Come see by yourself
Affordability
$2,567/mo
- Mortgage$2,068
- Property tax$499
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
$8,180 Credit back
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Travel times
About Highland Sub
This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.
Flood & climate risk
FEMA Flood Zone X
Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.
More details
Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.
Fire
Storm
Air quality
Pollen
Disclaimer
Based on information submitted to the MLS GRID as of Nov 13, 2026 at 12:33pm EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Make a winning offer, and get up to
$8,180 Credit back
