213 Palmetto Ave NE Winter Haven, FL 33881
Downtown Winter Haven NeighborhoodEstimated payment $2,846/month
Total Views
126
6
Beds
2
Baths
2,090
Sq Ft
$215
Price per Sq Ft
Highlights
- Wood Flooring
- No HOA
- Ceiling Fan
- Frank E. Brigham Academy Rated 9+
- Central Air
- Heating Available
About This Home
Prime Investment Opportunity: Fully Occupied Duplex in the Heart of Winter Haven **1031 TAX EXCHANGE Friendly!** **Bring all offers; the seller is open to negotiation!** Discover an exceptional investment opportunity with this fully occupied duplex, ideally located in the vibrant heart of Winter Haven. This prime property boasts two income-producing units, each featuring 3 bedrooms and 1 bathroom. **Unit A:** Rented at $1650/month - **Unit B:** Rented at $1900/month - **Total Monthly Income:** $3,550 - **Annual Gross Income:** $35,752 **Each unit has a separate water meter and electric meter. This duplex delivers substantial rental income and benefits from its strategic location, ensuring high demand and consistent occupancy rates. Residents enjoy convenient access to an array of amenities and transportation hubs, including shopping centers, gyms, Hard Rock Casino, Walmart, USF, I-4, Busch Gardens, and more. **Investment Benefits:** - High-yield property in a rapidly growing area - Strong and stable rental income - Close proximity to essential services and entertainment options Seize this lucrative investment opportunity today. Schedule a viewing to explore this cash-generating property before it’s gone. Secure your future with this prime, high-yield investment in Winter Haven’s thriving market.
Last Listed By
YOU FIRST REALTY AND ASSOC LLC Brokerage Phone: 813-458-6686 License #3264260 Listed on: 06/01/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,848
Year Built
- Built in 1987
Lot Details
- 5,680 Sq Ft Lot
- Lot Dimensions are 60x90
Home Design
- Duplex
- Block Foundation
- Slab Foundation
- Shingle Roof
- Block Exterior
Interior Spaces
- 2,090 Sq Ft Home
- Ceiling Fan
- Wood Flooring
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Bathrooms
Laundry
- Laundry in unit
- Washer Hookup
Utilities
- Central Air
- Heating Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 7
- Assessor Parcel Number 26-28-21-580500-000073
Community Details
Overview
- No Home Owners Association
- 2,090 Sq Ft Building
- Smith Ida M Sub Subdivision
Building Details
- Operating Expense $6,848
- Gross Income $42,600
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $2,088 | $105,569 | $0 | $0 |
| 2022 | $1,936 | $95,972 | $0 | $0 |
| 2021 | $1,836 | $87,247 | $0 | $0 |
| 2020 | $1,610 | $79,315 | $8,500 | $70,815 |
| 2018 | $1,690 | $80,808 | $8,500 | $72,308 |
| 2017 | $1,533 | $77,338 | $0 | $0 |
| 2016 | $1,439 | $71,433 | $0 | $0 |
| 2015 | $1,334 | $64,961 | $0 | $0 |
| 2014 | $1,180 | $59,325 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/01/2025 06/01/25 | For Sale | $449,900 | -- | $215 / Sq Ft |
Source: Stellar MLS
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $266,250 | New Conventional |
Source: Public Records
Similar Homes in Winter Haven, FL
Source: Stellar MLS
MLS Number: TB8392126
APN: 26-28-21-580500-000073
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