FL
Polk
WINTER HAVEN
33881
1201 5TH NE STREET
1201 5TH NE STREET, WINTER HAVEN, FL 33881
Share Listing
Listing Type
Multi Family
Listing Status
Active
40
$275,000

Home Details for 1201 5TH NE STREET

Price
$275,000
Type
Residential Income
Bedrooms
4
Bathrooms
3.0
Square feet
2040
Year built
1945
Lot size acres
0.21
County
Polk
Garage
Days on site
5
MLS Listing#
L4959458
Property Description

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.

Property Features
  • Utilities
    • Electricity Connected
    • Sewer Connected
  • Cooling Information
    • Central Air
  • Heating Information
    • Central
  • Water Features
    • Public
  • House Interior
    • Other
School Information
School Information for 1201 5TH NE STREET, WINTER HAVEN, FL 33881
Elementary School
Garden Grove Elem
Middle School
Denison Middle
High School
Winter Haven Senior
Listing Courtesy: BTW PROPERTIES OF LAKELAND - 863-944-4974
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2026 MLS GRID. All Rights Reserved.
Last Updated: 2026-02-17 06:40:15
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Stellar MLS.
EXIT REALTY 4CORNERS
49503 Hwy 27 Unit B, Davenport, FL 33897
Office
863 344 3948
Request more details
Code: