724 West Central Avenue

Winter Haven, FL 33880

$539,500
Price
—
Beds
3,015 Sq. Ft.
$179 / Sq. Ft.
3,015
Sq. Ft.
$179
per Sq. Ft.

Description

Fully occupied! This 3,015 sq ft property is divided into 5 rental units, with a total of 6 bedrooms, each unit offers comfortable accommodation and ample space to call home. Recent updates include a new central AC system with a 5-year warranty, fresh paint, new keypad locks, door knobs, smoke and CO2 detectors in all units, and upgrades to the studio with a new AC, plumbing work, faucets, and lights. Situated on an 8,943 sq ft lot, this turn-key 5plex is perfect for generating passive income. Located...Fully occupied! This 3,015 sq ft property is divided into 5 rental units, with a total of 6 bedrooms, each unit offers comfortable accommodation and ample space to call home. Recent updates include a new central AC system with a 5-year warranty, fresh paint, new keypad locks, door knobs, smoke and CO2 detectors in all units, and upgrades to the studio with a new AC, plumbing work, faucets, and lights. Situated on an 8,943 sq ft lot, this turn-key 5plex is perfect for generating passive income. Located near Lake Howard, tenants will enjoy easy access to recreational activities and a tranquil atmosphere. Don’t miss this prime opportunity to enter or expand in the rental market—start earning passive income today!
  1. Listed by Miraya Lane, PA • KELLER WILLIAMS ADVANTAGE III REALTY

Property Details for 724 West Central Avenue

Subdivision Name
LAKE ADD
Township
28
Waterfront
No
LISTING UPDATED: 11/11/2024 09:23 PM

Property Details for 724 West Central Avenue

StatusActive
MLS #O6209586
Days on Market167
Taxes$1,346 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi-Family
Year Built1930
Lot Size0.21 AC / 8,943 SF
CountyPolk County

Building Information for 724 West Central Avenue

Stories-Residences2Year Built1930Building Size-Lot Size0.21 AC / 8,943 SF

Property Information for 724 West Central Avenue

Summary
Location and General Information
  • Building Area Units: Square Feet
  • Directions: Turn right onto Ave D NW, Turn left onto N Lake Howard Dr. Turn left onto W Central Ave, Turn right onto 8th St SW, Turn left, Property is on the left
  • Mls Major Change Type: Price Decrease
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 724
  • Street Direction Prefix: W
  • Street Name: CENTRAL
  • Street Suffix: AVENUE
  • State: FL
  • City: WINTER HAVEN
Parking
  • Carport: No
  • Garage: No
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: 4
  • Tax Book Number: Q-529
  • Tax Legal Description: LAKE ADD DB Q PG 529 BLK 4 LOTS 5 & E 20 FT OF 6
  • Tax Lot: 5
  • Tax Year: 2023
Property
Lot Information
  • Additional Parcels: No
  • Lot Size Dimensions: 70x128
  • Parcel Number: 26-28-29-632000-004050
  • Total Acreage: 0 to less than 1/4
  • Total Num Buildings: 2
  • Water Access: No
  • Water Extras: No
  • Zoning: RP
  • Living Area: 3015
  • Lot Dimensions: 70x128
Property and Assessments
  • Year Built Numeric: 1930
  • Flood Zone Code: X
  • New Construction: No
  • Public Survey Range: 26
  • Public Survey Section: 29
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Other, Vinyl Siding
  • Exterior Features: Private Mailbox, Sidewalk
  • Foundation Details: Block, Crawlspace
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 0
  • Cooling: Central Air, Wall/Window Unit(s)
  • Fireplace: No
  • Heating: Central, Wall Units / Window Unit
  • Interior Features: Other
  • Laundry Features: None, Other
  • Living Area Source: Appraiser
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Net Income: $64,000.00
  • Gross Income: $71,340
  • Unit Count: 5
Unit 1
  • Unit Type Baths Total 1: 1
  • Unit Type Beds Total 1: 0
  • Unit Type Pro Forma 1: 795
  • Unit Type Type 1: Studio
Unit 2
  • Unit Type Baths Total 2: 1
  • Unit Type Beds Total 2: 1
  • Unit Type Pro Forma 2: 1190
  • Unit Type Type 2: 1 Bed/1 Bath
Unit 3
  • Unit Type Baths Total 3: 1
  • Unit Type Beds Total 3: 1
  • Unit Type Pro Forma 3: 895
  • Unit Type Type 3: 1 Bed/1 Bath
Unit 4
  • Unit Type Baths Total 4: 1
  • Unit Type Beds Total 4: 1
  • Unit Type Pro Forma 4: 995
  • Unit Type Type 4: 1 Bed/1 Bath
Unit 5
  • Unit Type Baths Total 5: 2
  • Unit Type Beds Total 5: 2
  • Unit Type Pro Forma 5: 1410
  • Unit Type Type 5: 2 Bed/2 Bath
Rental
Rental Information
  • Tenant Pays: Electricity, Water

Property History for 724 West Central Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 724 West Central Avenue

Taxable ValueLand$18,000Additions$51,891Total$69,891
Tax Record2023$1,346 ($112 / month)
Home Facts
Total Finished SqFt1,975 SqFtAbove Grade Finished SqFt1,975 SqFtStories1Lot Size8,943 SqFtStyleMulti-Family Dwelling (2-4)Year Built1930Year Renovated1971CountyPOLKAPN262829632000004050

Schools near 724 West Central Avenue

This home is within Polk.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - PK to 8
Public - 6 to 8
Rating
School
Distance
Lake Shipp Elementary School
PublicPK to 5

Frank E. Brigham Academy
PublicPK to 5

Jewett School Of The Arts
PublicPK to 8

Jewett Middle Academy Magnet
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

724 West Central Avenue is a multi-family home for sale in Winter Haven, FL 33880. This property was listed for sale on May 28, 2024 by KELLER WILLIAMS ADVANTAGE III REALTY, it's currently listed at $539,500. It has been on the market for a total of 167 days and was last sold on October 30, 2023. This listing's school district is Polk. Nearby schools include Lake Shipp Elementary School, Frank E. Brigham Academy and Jewett School Of The Arts. 724 West Central Avenue is a 0-bed, 0-bath, 3,015 sqft multi-family home built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KELLER WILLIAMS ADVANTAGE III REALTY, Miraya Lane, PA

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 11/11/2024 09:23 PM