213 PALMETTO AVE NE Active Save Request In-Person Tour Request Virtual Tour
Winter Haven,FL 33881
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,090 sqft
Price per Sqft $205
Subdivision Smith Ida M Sub
MLS Listing ID TB8392126
Year Built 1987
Annual Tax Amount $3,848
Lot Size 5,662 Sqft
Property Sub-Type Duplex
Property Description
Prime Investment Opportunity: Fully Occupied Duplex in the Heart of Winter Haven **1031 TAX EXCHANGE Friendly!** **Bring all offers; the seller is open to negotiation!** Discover an exceptional investment opportunity with this fully occupied duplex, ideally located in the vibrant heart of Winter Haven. This prime property boasts two income-producing units, each featuring 3 bedrooms and 1 bathroom. **Unit A:** Rented at $1650/month - **Unit B:** Rented at $1900/month - **Total Monthly Income:** $3,550 - **Annual Gross Income:** $35,752 **Each unit has a separate water meter and electric meter. This duplex delivers substantial rental income and benefits from its strategic location, ensuring high demand and consistent occupancy rates. Residents enjoy convenient access to an array of amenities and transportation hubs, including shopping centers, gyms, Hard Rock Casino, Walmart, USF, I-4, Busch Gardens, and more. **Investment Benefits:** - High-yield property in a rapidly growing area - Strong and stable rental income - Close proximity to essential services and entertainment options Seize this lucrative investment opportunity today. Schedule a viewing to explore this cash-generating property before it's gone. Secure your future with this prime, high-yield investment in Winter Haven's thriving market.
Location
State FL
County Polk
Community Smith Ida M Sub
Area 33881 - Winter Haven / Florence Villa
Zoning RP
Interior
Heating Electric
Cooling Central Air
Flooring Hardwood
Laundry Inside,Washer Hookup
Exterior
Exterior Feature Other
Utilities Available Electricity Available
Roof Type Shingle
Building
Foundation Block,Slab
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8392126