1201 5TH NE STREET, Winter Haven, FL 33881

  • $275,000

Description

Under contract-accepting backup offers. Well-maintained income property featuring a 3-bedroom / 2-bath main residence plus a detached 1-bedroom / 1-bath unit with private entrance. The property has been operated as a rental by the current owner and offers immediate income with upside potential.

The main home features fresh interior paint, durable tile flooring throughout, a large indoor laundry/storage area, and recent upgrades including a newer roof, energy-efficient windows, updated flooring, and new plumbing fixtures (including a newly installed bathtub).

Current annual gross income is $28,440 ($2,370/month), with estimated annual market rent of $31,200. Annual net income is approximately $21,312, based on projected 12 months of rent.

Monthly operating expenses average approximately $594, including:

Property taxes: ~$2,130 annually

Insurance: ~$2,600 annually

Typical repairs: ~$200/month

Water paid by landlord and reimbursed by tenant
Tenants pay electricity and trash collection, and handle lawn care.

Lease terms are gross with a current 12-month lease in place.

Ideally located less than five minutes from Polk State College, Winter Haven Hospital, Publix, and numerous restaurants and services – offering strong rental demand and convenient access to major roadways.

Buyers are encouraged to independently verify zoning, unit count, and intended use with local authorities.

Excellent opportunity for investors seeking a stabilized duplex with future rent growth potential in a desirable Winter Haven location.

  • Address: 1201 5TH NE STREET
  • City: Winter Haven
  • State/county: FL
  • Zip/Postal Code: 33881
  • Country: US

Details

Atualizado em março 25, 2026 no 8:22 pm
  • Property ID L4959458
  • Price $275,000
  • Land Area 0.21 m²
  • Bedrooms 4
  • Bathrooms 3
  • Garage Size x x
  • Year Built 1945
  • Property Type Duplex, Residential Income
  • Property Status Pending, For Sale

Additional details

  • Listing Terms Cash,Conventional,FHA,USDA Loan,VA Loan
  • Roof Shingle
  • Utilities Electricity Connected,Sewer Connected
  • Sewer Public Sewer
  • Cooling Central Air
  • Heating Central
  • Flooring Luxury Vinyl
  • County Polk
  • Property Type Residential Income
  • Elementary School Garden Grove Elem
  • Middle School Denison Middle
  • High School Winter Haven Senior

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