$225,000

515-525 W CUMMINGS STREET, Lake Alfred, FL 33850

  • 2 beds |
  • 2 baths |
  • 1,064 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1938
  • Property Lot Size Icon6,970sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $211/sqft
  • Property List Date Icon Listed 13 days ago

Property Description

2019 Roof! NO HOA!! FHA/VA loan friendly! This duplex offers a rare combination of stability and flexibility, making it an ideal opportunity for both investors and owner-occupants alike. One unit is currently leased through February 28, 2027, while the second unit is on a month-to-month agreement with the tenant open to signing a new lease. Whether you are looking to expand your portfolio with reliable cash flow, house-hack by living in one unit while renting the other, Both units feature separate electric meters to minimize expenses, and the seller covers water at an average cost of less than $75 per month. With no HOA, there is room to bring your RV, boat, or trailer. Nearby outdoor amenities for Lake Swoope include a public boat ramp, boardwalk, and picnic areas. You are also less than 0.5 miles from Lions Park, which features a public boat ramp for Lake Alfred, a 700-acre freshwater lake, and the property is under 7 miles to I-4 for easy access to Tampa, Orlando, and Davenport’s Posner Park, a vibrant 80 acre retail hub with with Shopping, Restaurants and Entertainment including big brand anchor stores such as Target, Petsmart, Dicks Sporting Goods, Best Buy, Hobby Lobby, HomeGoods, Michaels, Books-A-Million, BJs Wholesale club, Cinepolis IMAX Theater and soooo much more. This is a versatile investment you will not want to miss. Schedule your private showing today!

Listing Status:
Active
Date Added:
April 25, 2026
Data Last Updated:
April 30, 2026 at 7:23AM
Listing Office:
FLORIDA REALTY MARKETPLACE : 863-877-1915
Listing Agent:
Jenn Manzella : 863-866-0335
MLS ID:
P4938536
  • General: Ceiling Fans(s)Eat-in KitchenOpen Floorplan
  • Appliances: DishwasherDryerElectric Water HeaterMicrowaveRangeRefrigeratorWasher
  • Laundry: Outside
  • A/C: Central Air
  • Heating: Central
  • Fireplace: Wood BurningFireplace
  • General: Private Entrance
  • Other Structures: Rear Porch
  • Roofing: Shingle
  • General: ConcreteOneCrawlspace
  • Road/Access: Paved
  • Originating MLS: Stellar MLS
  • County: Polk
  • Zoning: R-1ACODINGTON PB 1 PG 61 BLK 47 LOT 4 E 58.7 FT OF S 119.27 FT26-27-32-503000-047045
  • Utilities: Electricity ConnectedWater Connected
  • Water: Public
  • Sewer: Septic Tank
  • Source: Stellar MLS
  • Ownership: Fee Simple

This listing courtesy of Jenn Manzella , FLORIDA REALTY MARKETPLACE

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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