Listing by: David Reyes, KELLER WILLIAMS REALTY SMART 1, 863-206-8278
View on map Contact us about this listing
0 Beds
n/a Full bath
6,511 SqFt
Active
Winter Haven Income Investment Opportunity with potential for growth, expansion, rent increase, and even redevelopment. This 1.98+/- acre property consists of 9 fully rented single family homes with an onsite caretaker. Each unit consists of 667+/- Sq Ft to 768 +/- Sq ft with 2 beds 1 bath. R-3 Zoning allows for a maximum of 10 units per 1 acre meaning there is potential for 19 units on this 1.98+/- Acre plot of land. The new owner could also have the option of building up to four stories, building larger units, and even an apartment complex. Across the street from Lake Maude, some tenants here can enjoy a lake view, a quick trip to Lake Maude Recreation Park, or even a delicious meal at Big Daddy's BBQ. All uses, zoning, and development plans to be verified by the county by buyer. DO NOT DISTURB TENANTS.
Property Details | ||
|---|---|---|
| Price | $1,200,000 | |
| Lot Size Area | 1.9785 | |
| Lot Size Area Units | Acres | |
| Acres | 1.98 | |
| Property Type | Commercial | |
| MLS Sub type | Multi Family | |
| Year Built | 1970 | |
| Roof | Shingle | |
| Foundation | Slab | |
Geographic Data | ||
| Directions | From the corner of 1st Street and CR 544, Head South on 1st St. Turn left on Avenue R NE. Turn Right on Bennett St NE. | |
| County | Polk | |
| Latitude | 28.040827 | |
| Longitude | -81.724642 | |
| Market Area | 33881 - Winter Haven / Florence Villa | |
Address Information | ||
| Address | 204 Bennett STREET NE, WINTER HAVEN, FL 33881 | |
| Postal Code | 33881 | |
| City | WINTER HAVEN | |
| State | FL | |
| Country | United States | |
Listing Information | ||
| Listing Office | KELLER WILLIAMS REALTY SMART 1 | |
| Listing Office Phone | 863-508-3000 | |
| Listing Agent | David Reyes | |
| Listing Agent Phone | 863-206-8278 | |
| Buyer Agency Compensation | 2.5% | |
| Compensation Disclaimer | The offer of compensation is made only to participants of the MLS where the listing is filed. | |
| Special listing conditions | None | |
| Ownership | Sole Proprietor | |
| Virtual Tour URL | https://www.propertypanorama.com/instaview/stellar/P4929989 | |
MLS® Information | ||
| Days on market | 1 | |
| MLS® Status | Active | |
| Listing Date | Apr 10, 2024 | |
| Listing Last Modified | Apr 11, 2024 | |
| Tax ID | 262816000000044220 | |
| Tax Year | 2023 | |
| Tax Annual Amount | 6447 | |
| MLS® Area | 33881 - Winter Haven / Florence Villa | |
| MLS® # | P4929989 | |
Map View
Contact us about this listing
This information is believed to be accurate, but without any warranty.