Love Life
1201 5th Street Ne, WINTER HAVEN, FL 33881
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  • MLS#: L4959458 ( Residential Income )
  • Street Address: 1201 5th Street Ne
  • Viewed: 5
  • Price: $275,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1945
  • Bldg sqft: 0
  • Bedrooms: 4
  • Total Baths: 3
  • Garage / Parking Spaces: 2
  • Days On Market: 12
  • Additional Information
  • Geolocation: 28.0338 / -81.7215
  • County: POLK
  • City: WINTER HAVEN
  • Zipcode: 33881
  • Subdivision: Silvercrest Add
  • Elementary School: Garden Grove Elem
  • Middle School: Denison
  • High School: Winter Haven Senior
  • Provided by: BTW PROPERTIES OF LAKELAND
  • Contact: George Waller, JR
  • 863-944-4974
  • mfrmls
  • DMCA Notice
  • 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.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Other
  • Flooring: Luxury Vinyl
  • Living Area: 2040.00
  • Roof: Shingle
School Information
  • High School: Winter Haven Senior
  • Middle School: Denison Middle
  • School Elementary: Garden Grove Elem
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 2.00
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2025
Rental Information
  • Tenant Pays: Electricity, Trash Collection
Other Features
  • Appliances: Freezer, Range, Range Hood, Refrigerator
  • Country: US
  • Furnished: Unfurnished
  • Interior Features: Other
  • Legal Description: SILVERCREST ADD UNIT 2 PB 22 PGS 18 & 18A BLK 11 LOT 6
  • Levels: One
  • Area Major: 33881 - Winter Haven / Florence Villa
  • Occupant Type: Vacant
  • Parcel Number: 26-28-21-584100-011060
  • Zoning Code: R-1C
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Headshot for Associate Dennis Dial
  1. The Dial Team
  2. Tropic Shores Realty
  3. Love Life
  4. Mobile: 561.201.4476
  5. dennisdialsells@gmail.com