Welcome to 640 Grapefruit Ave! This newer construction duplex built in 2023 offering immediate income potential with tenants already in place. Situated on approximately 0.17 acres, this property features a spacious fenced yard and NO HOA, providing added flexibility for ownership and use. Each unit offers a well-designed 2 bedroom, 2 bath open floor plan layout with modern finishes, open living spaces, and a low-maintenance design ideal for both tenants and owners. The functional floor plans provide comfortable living with efficient use of space, making this a strong option for both long-term rentals and owner-occupants looking to offset expenses. Conveniently located in the heart of Lake Alfred, the property offers easy access to US-17/92 and is just minutes from I-4, allowing for a smooth commute to both Orlando and Tampa. Nearby shopping, dining, and everyday conveniences can be found in Winter Haven, Auburndale, and Lakeland, all within a short drive. The area continues to experience growth, including a newly planned Publix-anchored shopping center nearby, adding future retail and dining options. Outdoor enthusiasts will appreciate the proximity to local lakes and nearby trails like the Chain Of Lakes Trail! while also being close to schools, parks and more. Ideal opportunity for investors seeking a turnkey rental property or for owner-occupants looking to generate income. Inquire about this property today!