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Income-producing property that can be carried on or redeveloped. Currently two structures on the property - ?rst is a two-story 2,131 SF building with two retail/of?ce spaces on the ground level with two studio apartments on the second ?oor. There is a church tenant in one unit on the main ?oor, and a retail tenant on the other, who also occupies the two studio apartments on the second ?oor. The other structure is a duplex, 1,384 SF, one 3/1, the other a 2/1 with two tenants. Dundee is a small town on the other side of Winter Haven, separated by US 27, a main thoroughfare running north and south. Rents are underperforming at present at $37,800 per year. Pro-forma rents show the potential to easily achieve over $58,000. Redevelopment is also very possible with a generous commercial /retail zoning classi?cation. Dundee Road is currently expanding to 4 lanes, the state will also be pouring a 52-foot apron on the front of the property with sidewalks.

Property Details of 608 County Road 542

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Listed by Craig Morby of SVN SAUNDERS RALSTON DANTZLER

Dundee, FL Demographics

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Dundee, FL Schools

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Based on information submitted to StellarMLS as of September 29, 2022 . All data is obtained from various sources and has not been, and will not be, verified by broker or StellarMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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