(2 of 2) Awesome Lakefront Multi-Property Deal – 11% ROI Fort Meade Rd. Frostproof, FL. 33843
Here is a uniquely awesome lakefront multiple property deal in Frostproof Florida. This property features 2 Lakefront single family homes Short-Term Rental Units located on the beautiful 1200 acre Lake Clinch. The owner has recently spent over $140,000 in rehab between these two properties and the 3 mobile homes for sale next to it. Every unit has been rehabbed inside and out.
The main house has 3 screened porches along with a rear deck. The property grounds have had landscaping done, a new boat dock, a large pavers area on the lakefront, a white sand beach area, a new rear deck added and many other accommodations to allow for short term renting. The units are rented in 3-6 month terms.
Frostproof is known for its numerous freshwater lakes, good for fishing, swimming and water skiing. The property is close to Legoland, Highland’s Hammock State Park, Sebring Raceway, Historic Bok Sanctuary, Walt Disney World, Sea World, and Busch Gardens.
Block Home – 1976 1/1 600 sqft Rents for $1350/monthly
Manufactured Lake House- 1976 3/2 1300 sqft Rents for $2400/monthly
2 Large Garages along with carport (20×26) and (32×18)
Year Built 1975
Acreage: 1.08 Utilities: Well Water, 2 Septic tanks.
All utilities are paid by owner. Electricity $200/monthly
Property Maintenance is paid $500/monthly Tax/Yearly: $4,211.59