517 Main Street, Haines City, FL 33844
Local realty services provided by:Better Homes and Gardens Real Estate Thomas Group
517 Main Street,Haines City, FL 33844
$510,000
- 6 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: monica bouwers, devin bouwers
Office: stellar real estate of florida
MLS#:P4937848
Source:MFRMLS
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Price summary
- Price:$510,000
About this home
This unique Lake Hamilton property offers an exceptional investment opportunity with diversified income potential across multiple rental strategies. Situated on over an acre with no HOA, the property includes a main residence, a fully renovated cottage, and an RV hookup within a fully fenced area—creating three distinct revenue streams.
The one-bedroom, one-bath cottage, completely renovated in 2023, has a proven Airbnb track record generating approximately $32,000 annually. The cottage is fully self-contained with its own laundry and continues to present strong short-term rental or long-term lease potential.
The main home, a 5-bedroom, 2-bath residence, offers flexibility for investors. It has an estimated long-term rental potential of approximately $3,500 per month, or it could be positioned as a short-term rental to further maximize returns given its size, location, and proximity to the Winter Haven Chain of Lakes.
In addition, the property includes a fully fenced RV hookup, which has historically generated approximately $10,000 per year in rental income. While this income has been more seasonal, it offers an easy opportunity for supplemental revenue or future expansion.
Major capital improvements have already been completed, significantly reducing near-term expenses. Updates include a new roof (2020), new AC units (2020), new tankless water heaters (2023), and a full renovation of the cottage in 2023. These upgrades provide peace of mind and make this a turnkey investment option.
With no HOA restrictions, lake-area proximity, and multiple income-producing components, this property is well-positioned for investors seeking cash flow, flexibility, and long-term appreciation in Central Florida....
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Home facts
- Year built:1925
- Listing ID #:P4937848
- Added:56 day(s) ago
- Updated:April 10, 2026 at 06:56 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Kitchen Description:Stone Counters
- Basement Description:Crawlspace
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1925
- Construction Materials:Stucco
- Exterior Features:Sidewalk
- Levels:2 Story
Utilities
- Water:Public, Water Connected
- Sewer:Septic Tank
Finances and disclosures
- Price:$510,000
- Tax amount:$4,306 (2025)
Features and amenities
- Amenities:BB/HS Internet Available, Cable Available, Ceiling Fans(s), Crown Molding, Natural Gas Connected, Stone Counters, Thermostat
- Pool features:Public Pool
Parking
- Parking description:Attached Garage
- Garage:Yes
- Garage spaces:2
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