514 Avenue C Ne

WINTER HAVEN, FL 33881

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

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$550,000 Active Under Contract
3,196 sqft

Presented By Carol and Tony Marino

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Get in touch today! Phone: 1-407-468-2004
Brokerage
BHHS FLORIDA PROPERTIES GROUP
1-863-701-2350
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Area Information

33881 Winter Haven | Florence Villa | Polk County | COKER A B ADD

$ 550,000
This listing is play_arrow 43.8% higher than the average in the area
$ 382,500 in the area
3,196 SqFt
This listing is play_arrow 47.4% larger than the average in the area
2,168 SqFt in the area
$ 172 $/SqFt
This listing is play_arrow 4.6% less than the average in the area
$ 180 $/SqFt in the area
284 days on site
This listing is play_arrow 3.3% above the average in the area
275 days on site in the area

Schools in the Area

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    Elementary School
    Fred G. Garnier Elem
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    Middle School
    Denison Middle
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    High School
    Winter Haven Senior
Listed By Michael Hochadel
Brokerage: BHHS FLORIDA PROPERTIES GROUP

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