1210 STATE 17 ROAD S, DUNDEE, FL, 33838
Active53 days on marketListed Jun 1, 2026MLS #TB8514488
About this home
1210 STATE 17 ROAD S
SELLER FINANCING AVAILABLE. CONTACT LISTING AGENT FOR DETAILS. Lake Josephine Apartments is a 9-unit waterfront multifamily asset sitting directly on the shoreline in Dundee, FL. A rare lakefront offering. The property delivers a 12.79% cash-on-cash return in-place with Year 1 proforma climbing to 13.13%, supported by a balanced unit mix of three studios, three 1BR/1BA, and three 2BR/1BA units across 3,792 SF of concrete block construction on a 1.32-acre lot. In-place rents currently sit below market on multiple units, leaving a clear path to grow returns further without renovation risk. With the landlord covering electric, water, sewer, and trash, operations are simple and tenant turnover is straightforward This property’s unique waterfront location enhances its appeal, offering tenants a serene living environment while also providing significant potential for investors looking to capitalize on the property’s natural setting and strong rental demand in Dundee. Lake Josephine Apartments combines solid construction, a diverse unit mix, and an unbeatable lakeside location, making it an exceptional investment opportunity in the heart of Polk County. *DISCLAIMER: ONE UNIT IS NON-CONFORMING*
Facts & features
The home at a glance
12
Bedrooms
3,792
Sqft
1.32 ac
Lot size
1947
Year built
$237
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$6,587 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$6,587/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Dundee actives
$237 vs $158
Days on market
53 vs 98 typical
Where $237/sqft sits among the 65 Dundee actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Dundee
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Dundee. See the full Dundee guide →
DUNDEE 33838 — neighborhood snapshot
Population
5,431
Median age
32.6
Median income
$44,514
Median home value
$230,100
Avg household
2.93
Households w/ children
740
For the school run
Polk County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Dundee market
$315K → $310K
Dundee median sold, yr/yr
98.6%
Sale-to-list ratio (12 mo)
36 of 65
Dundee actives have cut their price
Median sold price, Dundee, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 239% above the DUNDEE 33838 median. See the full Dundee market guide →
Paper trail
This home's history
Reality check
What actually sold near 1210 STATE 17 ROAD S
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Mar ’26$335,000
216 SHELLEY DRIVE · same community
3 bd · 2 ba · 2,268 sqft · $148/sqft · 10 DOM
Sold · May ’26$349,000
405 LAKE NED ROAD · same community
4 bd · 3 ba · 2,256 sqft · $155/sqft · 45 DOM
Sold · Dec ’25$257,000
409 LAKE NED ROAD · same community
4 bd · 3 ba · 2,210 sqft · $116/sqft · 22 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 1210 STATE 17 ROAD S — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1210 STATE 17 ROAD S — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
1210 STATE 17 ROAD S FAQs
What would the monthly payment be for 1210 STATE 17 ROAD S?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $6,587/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 1210 STATE 17 ROAD S?+
The most recent tax bill on record (2025) was $14,861. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Dundee?+
At $899,000, this home is listed about 200% above the Dundee median of $299,900. The market section on this page shows how the area is trending.
Which schools are assigned to 1210 STATE 17 ROAD S?+
Sandhill Elementary School (elementary), Haines City Senior High School (high), Shelley S. Boone Middle School (middle) — Polk County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of FLORIDA REALTY INVESTMENTS · Tito Urbano Perez. MLS #TB8514488.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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