514 Avenue C Ne
About this property
Under contract-accepting backup offers. Virtually Staged. Investor opportunity in Winter Haven! This five-unit multifamily property features three separate buildings on an oversized lot, offering multiple rental-income streams and value-add potential. Three units are currently occupied, while two vacant units provide opportunities for immediate lease-up, renovation, owner occupancy, or house hacking. Recent improvements include a new metal roof, updated HVAC systems, fresh paint, electrical upgrades throughout, and additional interior and exterior renovations. The property offers strong potential for increased cash flow, rent optimization, passive income, portfolio growth, and long-term appreciation. Conveniently located near Downtown Winter Haven, shopping, dining, schools, medical facilities, employment centers, major roadways, and Central Florida attractions. Potential short-term rental or Airbnb use is subject to zoning, local regulations, licensing requirements, and buyer verification. Ideal for multifamily investors seeking an income-producing rental property with immediate upside.
About this property
Under contract-accepting backup offers. Virtually Staged. Investor opportunity in Winter Haven! This five-unit multifamily property features three separate buildings on an oversized lot, offering multiple rental-income streams and value-add potential. Three units are currently occupied, while two vacant units provide opportunities for immediate lease-up, renovation, owner occupancy, or house hacking. Recent improvements include a new metal roof, updated HVAC systems, fresh paint, electrical upgrades throughout, and additional interior and exterior renovations. The property offers strong potential for increased cash flow, rent optimization, passive income, portfolio growth, and long-term appreciation. Conveniently located near Downtown Winter Haven, shopping, dining, schools, medical facilities, employment centers, major roadways, and Central Florida attractions. Potential short-term rental or Airbnb use is subject to zoning, local regulations, licensing requirements, and buyer verification. Ideal for multifamily investors seeking an income-producing rental property with immediate upside.
Features and Additional Information
Presented By Carol and Tony Marino
Area Information
33881 Winter Haven | Florence Villa | Polk County | COKER A B ADD
Schools in the Area
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Elementary SchoolFred G. Garnier Elem
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Middle SchoolDenison Middle
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High SchoolWinter Haven Senior
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Brokerage: BHHS FLORIDA PROPERTIES GROUP