501 Avenue G Se, Winter Haven, FL 33880
Local realty services provided by:Better Homes and Gardens Real Estate Thomas Group
Listed by: nomar rosa
Office: lpt realty, llc.
MLS#:O6436311
Source:MFRMLS
Price summary
- Price:$319,900
- Price per sq. ft.:$139.82
About this home
FULLY RENTED INVESTMENT PROPERTY + $2,845 MONTHLY RENTAL INCOME + NO HOA! Welcome to 501 Avenue G SE, Winter Haven, FL 33880, an INCOME-PRODUCING MULTI-FAMILY INVESTMENT OPPORTUNITY offering immediate cash flow for investors looking to expand their rental portfolio! This unique single-family property, GRANDFATHERED FOR MULTI-FAMILY USE, features TWO SEPARATE, FULLY OCCUPIED RENTAL UNITS generating a combined $2,845 PER MONTH OR $34,140 IN ANNUAL GROSS RENTAL INCOME! Situated on a LARGE LOT, both residences feature PRIVATE ENTRANCES AND SEPARATE YARD AREAS, providing privacy and convenience for tenants. The front residence offers 3 BEDROOMS, 1 BATHROOM, laminate flooring, and a dedicated laundry room, currently rented for $1,625 PER MONTH. The rear residence features 1 BEDROOM, 1 BATHROOM, currently rented for $1,220 PER MONTH. With 100% OCCUPANCY AND EXISTING RENTAL INCOME, this property provides an opportunity to acquire an established rental asset without the immediate need to secure tenants. Investors seeking ADDITIONAL VALUE-ADD POTENTIAL may explore reconfiguring the existing layout to create a middle studio-style living space while converting the front residence into a 2-bedroom, 1-bathroom unit, subject to applicable approvals and permitting. With NO HOA, TWO EXISTING INCOME-PRODUCING UNITS, A LARGE LOT, AND POTENTIAL FOR FUTURE RENTAL GROWTH, this property offers an attractive opportunity for both seasoned investors and those building their real estate portfolios. PROPERTY IS BEING SOLD AS-IS WITH EXISTING TENANTS IN PLACE. Whether you're seeking PASSIVE RENTAL INCOME, LONG-TERM CASH FLOW, PORTFOLIO EXPANSION, OR A VALUE-ADD INVESTMENT, this fully occupied property is ready to become your next income-producing asset!...
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Home facts
- Year built:1955
- Subdivision & Development:FANNING SUB
- Listing ID #:O6436311
- Added:70 day(s) ago
- Updated:November 03, 2026 at 03:30 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Laminate
- Kitchen Description:Refrigerator
- Bedroom Description:Primary Bedroom Main Floor
- Living area:1,816 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1955
- Building area:1,816 sq. ft.
- Lot area:0.24 Acres
- Construction Materials:Block
- Foundation Description:Slab
- Levels:1 Story
Schools
- High school:Winter Haven Senior
- Middle school:Denison Middle
- Elementary school:John Snively Elem
Utilities
- Water:Public
- Sewer:Public, Public Sewer
Finances and disclosures
- Price:$319,900
- Price per sq. ft.:$139.82
- Tax amount:$3,610 (2025)
Features and amenities
- Appliances:Refrigerator
- Laundry features:Laundry Closet, Laundry Room
- Amenities:Primary Bedroom Main Floor, Thermostat
- Pool features:Public Pool
Parking
- Parking description:1 Car Carport, Attached Garage
- Carport spaces:1
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