BEDS9
BATHS
SQUARE FEET3,196
MLS#L4958429
STATUSPending
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONCOKER A B
Property Description
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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Heat Pump
Lot Size: 0.26 Acres
Roof Type: Metal
Stories: 2.0
Taxes: $3,335
Year Built: 1930
Amenities
Ceiling Fans(s)
Thermostat
Walk-In Closet(s)
Other
Feature Descriptions
Annual Net Income: 59700.00
Days on Site: 272
Directions: .From the NorthTravel south on US-17 toward Winter Haven. As you enter the city, continue toward the downtown area. Turn right onto Central Avenue if needed to align east to west. Turn right onto 1st Street N heading south, then turn left onto Avenue C NE
Exterior: Stucco
Flood Zone Code: X
Foundation: Block
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, Owner Financing
Lot Dimensions: 0.26
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Public Sewer
Showing Instructions: Call Listing Agent, Combination Lock Box, See Remarks
Special Sale Provisions: None
Units: 5
Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected
Water: Public
Water Access Y/N: No
Zoning: R-3
Local Schools
High School: Winter Haven Senior
Middle School: Denison Middle
Elementary School: Fred G. Garnier Elem
Listed By / Shown By
Listed By
Agency Name: BHHS FLORIDA PROPERTIES GROUP
Agency Contact: 863-701-2350
Shown By
Agency Title: Glory International Real Estate Company
Agency Phone: 386-775-7778
Estimate Your Payment
Estimated Payment
$ 1,662.39 per month $1,224.06 Principal & Interest $277.92 Property Tax $160.42 Homeowner's Insurance
514 Avenue C Ne | MLS# L4958429
This multi-family property located at 514 Avenue C Ne, Winter Haven, FL 33881 is currently listed for sale with an asking price of $550,000. Search Winter Haven real estate on www.gloryire.com today.