608 Dundee Rd
Dundee, FL 33838
- 5 Beds
- 6 Baths
- 3,515 sqft (on 0.34 acres)
5 Beds
6 Baths
3,515 sqft
(on 0.34 acres)
Local Information
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Description
This 6-unit residential income-producing property is an excellent opportunity with strong cash-flow that's located on Dundee Road, leading directly into the fast-growing town of Dundee! Boasting a 9.64% cap rate at CURRENT occupancy & a PROJECTED 12.70% cap rate at full occupancy, this property significantly exceeds the typical 5–8% multifamily cap rate range seen across Florida, offering investors an exceptional return from day one! With a total projected monthly income of $8,850, this property delivers a standout return on investment & has the ability to pay for itself before you even know it. Sitting on just over 1/3 of an acre, the property offers plenty of parking & features two separate buildings: a duplex (1,384 heated sq ft) & a quadruplex (2,131 heated sq ft). The duplex features a 2BR/1BA unit currently leased for $1,500/mo. along with a 3BR/1BA unit that has been recently updated with fresh paint, warm wood-laminate flooring, & new stainless-steel appliances. This unit has an expected rental amount of $1,850/mo. & is currently vacant, allowing for easy showings during the sale. The quadruplex is a well-maintained two-story concrete-block building with a new metal roof. The two upstairs units have been recently renovated & feature upgraded wood-laminate flooring & nice kitchenettes w/ granite countertops. Both upstairs units are currently leased to the same tenant for $1,250/mo. per unit. The two downstairs units are both currently leased for $1,500/mo. per-unit on 5-year leases. One downstairs unit includes an Ansul system & a grease trap, offering flexibility for future use. Altogether, both buildings feature fresh exterior paint, giving the property strong curb appeal. Each building has its own septic system & individual water meter, along with six separate electrical meters: one per-unit. Five units are equipped with newer mini-split A/C systems, while the duplex's 3-bedroom unit features central heat/air conditioning. The duplex was originally built in 1925 with an effective year of 1992 & the quadruplex was built in 1986 with an effective year of 2000. What's unique about this property is that you get the best of both worlds, where on one side of the property sits the charming downtown area of Dundee, & on the other side boasts one of Polk County's major thoroughfares, Hwy 27, that opens you up to the cities of Winter Haven, Lake Wales, & Haines City which are some of the fastest growing in all of Florida! Interested in earning $106,200 per year in projected gross rental income? Schedule a showing & see firsthand just how quickly this property can become a strong hands-off income producer! This property could be subdivided & the duplex building sold separately on it's own at a price of $284,900. The MLS# for this is: P4937610. All measurements are approx & all info should be confirmed by buyer.
Home Highlights
Parking
Open Parking
Outdoor
Yes
View
No Info
HOA
None
Price/Sqft
$206
Listed
122 days ago
Home Details for 608 Dundee Rd
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Beds & Baths Number of Bedrooms: 5Number of Bathrooms: 6 |
Dimensions and Layout Living Area: 3515 Square Feet |
Appliances & Utilities Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Street Lights, Water - Multiple Meters, Water ConnectedAppliances: Cooktop, Electric Water Heater, Range, RefrigeratorLaundry: Other,OutsideRefrigerator |
Heating & Cooling Heating: Central,OtherHas CoolingAir Conditioning: Central Air,DuctlessHas HeatingHeating Fuel: Central |
Fireplace & Spa No Fireplace |
Gas & Electric Has Electric on Property |
Windows, Doors, Floors & Walls Flooring: Laminate, Tile, Vinyl |
Levels, Entrance, & Accessibility Stories: 2Levels: TwoFloors: Laminate, Tile, Vinyl |
View No View |
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Exterior Home Features Roof: Metal ShinglePatio / Porch: CoveredExterior: SidewalkFoundation: Block, CrawlspaceNo Private Pool |
Parking & Garage No CarportNo GarageHas Open ParkingParking: Driveway,Open |
Frontage Road Surface Type: PavedNot on Waterfront |
Water & Sewer Sewer: Septic Tank |
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Cumulative Days on Market: 93Days on Market: 122 |
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Year Built Year Built: 1986 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: Block, Stucco, Wood FrameNot a New ConstructionNot Attached PropertyNo Additional Parcels |
Property Information Condition: CompletedParcel Number: 272829848000001280 |
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Price List Price: $724,900Price Per Sqft: $206 |
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MLS Status: Active |
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Direction & Address City: DUNDEECommunity: SCENIC HEIGHTS |
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Listing Agent Listing ID: P4937609 |
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Building Area Building Area: 3948 Square Feet |
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Not Senior Community |
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Association for this Listing: East PolkNo HOAHOA Fee: No HOA Fee |
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Lot Area: 0.34 acres |
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Special Conditions: None |
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Listing Terms: Cash, Conventional, FHA, VA Loan |
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Business Information Ownership: Fee Simple |
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Mls Number: P4937609Showing Requirements: Appointment Only, Call Listing Agent, ShowingTimeUniversal Property Id: US-12105-N-272829848000001280-R-N |
Last check for updates: about 5 hours ago
Listing Provided by: Kennedy Matthews, (863) 207-4722
JULIE MATTHEWS GROUP LLC, (863) 528-0037
Julie Matthews, (863) 528-0037
JULIE MATTHEWS GROUP LLC, (863) 528-0037
Originating MLS: East Polk
Source: Stellar MLS, MLS#P4937609

Also Listed on Stellar MLS.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website.
Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511
Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511
Market trends in Dundee
Last updated April 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
31 1MoM
Price History for 608 Dundee Rd
| Date | Price | Event | Source |
|---|---|---|---|
| 02/02/2026 | $724,900 | Listed For Sale | Stellar MLS #P4937609 |
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Property Tax and Assessment
| Year | 2017 |
|---|---|
| Tax | |
| Assessment | $421 |
Home facts updated by county records
Comparable Sales for 608 Dundee Rd
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.18 | Multi-Family Home | $385,000 | 11/06/25 | 6 | 4 | 2,878 | |
2.69 | Multi-Family Home | $540,000 | 05/04/26 | 8 | 4 | 3,413 | |
2.69 | Multi-Family Home | $391,500 | 12/05/25 | 4 | 2 | 1,878 | |
2.63 | Multi-Family Home | $360,000 | 06/10/25 | 4 | 2 | 1,560 | |
5.43 | Multi-Family Home | $375,000 | 12/01/25 | 6 | 6.5 | 2,919 | |
5.50 | Multi-Family Home | $853,000 | 05/21/26 | 10 | 10 | 4,440 | |
5.56 | Multi-Family Home | $425,000 | 08/29/25 | 6 | 3 | 2,548 | |
5.46 | Multi-Family Home | $271,000 | 08/15/25 | 2 | 1 | 1,621 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 608 Dundee Rd.
What Locals Say about Dundee
At least 26 Trulia users voted on each feature.
97 % Say yards are well-kept
81 % Say parking is easy
78 % Say car is needed
72 % Say it's dog friendly
69 % Say there's holiday spirit
69 % Say there are sidewalks
65 % Say kids play outside
61 % Say it's quiet
59 % Say people would walk alone at night
55 % Say they plan to stay for at least 5 years
53 % Say neighbors are friendly
52 % Say it's walkable to restaurants
49 % Say it's walkable to grocery stores
44 % Say streets are well-lit
24 % Say there are community events
21 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Kennedy Matthews, JULIE MATTHEWS GROUP LLC, (863) 528-0037
Agent Phone: (863) 207-4722

608 Dundee Rd, Dundee, FL 33838 is a 5 bedroom, 6 bathroom, 3,515 sqft multi-family built in 1986. This property is currently available for sale and was listed by Stellar MLS on Feb 2, 2026. The MLS # for this home is MLS# P4937609.

