514 AVENUE C NE

$550,000

9Bedrooms
6Bathrooms
3,196Sq Ft
1930Year Built
N/AGarage
237Days on Market
0.26 acLot Size

Virtually Staged. Investor opportunity in Winter Haven! This five-unit multifamily property features three separate buildings on an oversized lot, offering multiple rental-income streams and value-add potential. Three units are currently occupied, while two vacant units provide opportunities for immediate lease-up, renovation, owner occupancy, or house hacking. Recent improvements include a new metal roof, updated HVAC systems, fresh paint, electrical upgrades throughout, and additional interior and exterior renovations. The property offers strong potential for increased cash flow, rent optimization, passive income, portfolio growth, and long-term appreciation. Conveniently located near Downtown Winter Haven, shopping, dining, schools, medical facilities, employment centers, major roadways, and Central Florida attractions. Potential short-term rental or Airbnb use is subject to zoning, local regulations, licensing requirements, and buyer verification. Ideal for multifamily investors seeking an income-producing rental property with immediate upside.

Facts & Features

MLS #
MFRL4958429
PRICE
$550,000
STATUS
Active
BEDROOMS
9
BATHROOMS
6
FULL BATHS
N/A
HALF BATHS
N/A
SQUARE FOOTAGE
3,196 sqft
ACRES
0.26
YEAR BUILT
1930
TYPE
Quadruplex
STYLE
N/A

Amenities

AMENITIES
N/A
PARKING
N/A
VIEW
No
WATERFRONT
No
POOL
No

Exterior

STYLE
N/A
CONSTRUCTION
Stucco
FOUNDATION
Block
ROOF
Metal
FENCING
N/A
LOT DESCRIPTION
N/A

Additional Information

DATE LISTED
January 15, 2026
DAYS ON MARKET
237
ZONING
R-3
DIRECTION FACES
N/A
NEW CONSTRUCTION
No
SPECIAL CONDITIONS
None

Community Information

ADDRESS
514 AVENUE C NE
SUBDIVISION
Coker A B Add
CITY
Winter Haven
COUNTY
Polk
STATE
FL
ZIP CODE
33881
SENIOR COMMUNITY
No

Interior

INTERIOR FEATURES
Ceiling Fans(s), Walk-In Closet(s), Thermostat
HEATING
Heat Pump
COOLING
Central Air
FLOORING
N/A
FIREPLACE
N/A
STORIES
N/A
APPLIANCES
N/A

School Information

DISTRICT
N/A
ELEMENTARY
Fred G Garnier Elem
MIDDLE
Denison Middle
HIGH
Winter Haven Senior

Location

Similar Properties

640 AVENUE I NW — home for sale

$300,000

640 avenue i nw

4bd
2ba
3,753sqft

TOWN & COUNTRY REAL ESTATE

750 AVE C SW — home for sale

$3,200,000

750 ave c sw

28bd
28ba
16,012sqft

FLORIDA REALTY INVESTMENTS

1010 EO DOUGLAS AVE #S1-4 — home for sale

$347,000

1010 eo douglas ave #s1-4

0bd
0ba
3,560sqft

SPANN & ASSOCIATES REAL ESTATE