608 County Road 542, Dundee, Florida 33838

PRICE DROP! Income-producing property that can be carried on or redeveloped. Currently two structures on the property – First is a two-story 2, 131 SF building with two retail/office spaces on the ground level with two studio apartments on the second floor. There is a religious facility in one unit on the main floor, and a retail tenant on the other, who also occupies the two studio apartments on the second floor. 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 classification. 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.