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.
| MLS # | L4958429 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | For-sale |
| Status | Active Under Contract |
| Year | 1930 |
| Days On Site | 262 |
| Listing Provided By | BHHS FLORIDA PROPERTIES GROUP | Michael Hochadel |
| Bed(s) | 9 |
|---|---|
| Bath(s) | 6 |
| SQ Feet | 3,196 |
| Story(s) | 2 |
| Units | 5 |
| Zoning | R-3 |
| Acreage | 0.26 |
| Property | 3335 |
|---|
| State | FL |
|---|---|
| County | Polk |
| City | WINTER HAVEN |
| Zip Code | 33881 |
| Area | 33881 Winter Haven | Florence Villa |
| Community Name | COKER A B ADD |
| School District | Winter Haven Senior |
| Elementary School | Fred G. Garnier Elem |
| High School | Winter Haven Senior |
| Listing VS Median (in COKER A B ADD) | |
Price: $550,000 low | high Med: $382,500 sqft: 3,196 low | high Med: 2,168 $ / sqft: $172 low | high Med: $180 On site: 262 low | high Med: 253 | |
| State | FL |
|---|---|
| County | Polk |
| City | WINTER HAVEN |
| Zip Code | 33881 |
| Area | 33881 Winter Haven | Florence Villa |
| Community Name | COKER A B ADD |
| School District | Winter Haven Senior |
| Elementary School | Fred G. Garnier Elem |
| High School | Winter Haven Senior |
| Listing VS Median (in COKER A B ADD) | |
Price: $550,000 low | high Med: $382,500 sqft: 3,196 low | high Med: 2,168 $ / sqft: $172 low | high Med: $180 On site: 262 low | high Med: 253 | |