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0 Baths
4,134 sqft

$959,000

19 W EAGLE AVE, EAGLE LAKE FL, 33839

Price per sqft$231.98
Built in1932
Property size4,134 sqft
Property typeCommercial
Courtesy of COMPASS FLORIDA LLC, Katie Patterson  Listing Contact: (305) 851-2820

Overview

Active

Listed Sep 8, 2025

Updated 4 weeks ago

** Prime Investment Opportunity – 8 Units + Portfolio Option ** Introducing a fully renovated 8-unit income-producing property with a 7.5% CAP located on a large corner lot in Eagle Lake. The property consists of 8 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 an additional single-family home on 1/3 acre, totaling 9 units across 2 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 $85,000 NOI at a 7.5 cap rate for 8 units - due for 2026 rent increases for an extra $6,000 NOI. Other properties included in the optional portfolio: 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.

Additional information

MLS® ID
TB8424613

Interior Features

Bathrooms
0
Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.31 Acres

Other Property Details

Taxes
$6,513
Tax Frequency
Annually
Association Fee Frequency
Monthly

Listings courtesy of Stellar MLS as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 10:51 AM UTC on 10/9/2026. 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.

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