UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 3,020 sqft
Price per Sqft $161
Subdivision Lake Shipp Or Porters Add
MLS Listing ID L4959450
Bedrooms 6
HOA Y/N No
Year Built 1920
Annual Tax Amount $8,538
Lot Size 0.330 Acres
Acres 0.33
Lot Dimensions 143x100
Property Sub-Type Multi-Family 5+
Source Stellar MLS
Property Description
The property offers a diversified unit mix with clear value-add potential through rent optimization and continued area development. Ideal for investors seeking to scale a performing portfolio with stable income and future equity growth. Proximity to a planned townhome development introduces an additional demand catalyst, reinforcing long-term rental stability.
Convenient access to retail, dining, major thoroughfares, and ongoing redevelopment enhances tenant appeal and occupancy consistency. Units 3 and 4 feature a shared second-floor balcony overlooking the rear grounds, adding a desirable lifestyle element for residents.
Located in a high-growth submarket of Winter Haven experiencing sustained residential expansion and increasing rental demand, this is a strategic acquisition opportunity with measurable upside. Contact for full financials, rent roll, and investment details.
Location
State FL
County Polk
Community Lake Shipp Or Porters Add
Area 33880 - Winter Haven/Eloise/Jpv/Wahnetta
Zoning BR
Direction SW
Interior
Interior Features Ceiling Fans(s)
Heating Ductless
Cooling Mini-Split Unit(s), Wall/Window Unit(s)
Fireplace false
Laundry None
Exterior
Exterior Feature Balcony
Utilities Available Cable Connected, Public
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Stilt/On Piling
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction false
Schools
Middle Schools Denison Middle
High Schools Winter Haven Senior
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, Owner Financing
Listing Terms Cash, Conventional, Owner Financing
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/L4959450
Nearby Locations