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501 Avenue G

WINTER HAVEN, FL 33880
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Bed 4

Bed

Bath 2

Bath

SqFt1,816

Sqft

Acres0.24

Acre(Lot)

Welcome to an exceptional HOUSE HACKING and INVESTMENT OPPORTUNITY in the heart of Winter Haven! Legally classified as a SINGLE-FAMILY HOME, this unique property is GRANDFATHERED FOR MULTI-FAMILY USE and is currently configured as two separate living units, making it ideal for INVESTORS, OWNER-OCCUPANTS, or MULTI-GENERATIONAL LIVING. The front unit features 3 BEDROOMS, 1 BATHROOM, its own PRIVATE CARPORT, LAUNDRY ROOM, separate entrance, and private backyard, while the rear unit offers 1 BEDROOM, 1 BATHROOM, a private entrance, private backyard, and is currently rented for OVER $1,200 /MONTH. For added comfort, energy efficiency, and long-term value, the rear unit has been upgraded with a NEW MINI-SPLIT A/C SYSTEM, providing efficient climate control for tenants. The front unit has an esti mated rental value of $1,650-$1,750 /MONTH, creating a projected combined rental income of approximately $2,850-$3,000+ /MONTH. Looking for additional upside? One of the bedrooms in the front unit has its OWN EXTERIOR ENTRANCE leading to the patio and offers exciting VALUE-ADD POTENTIAL for a future studio or efficiency conversion by adding a bathroom and kitchenette (buyer to verify all permitting, zoning, and city requirements). Recent 2023 UPDATES include updated kitchen countertops, fresh exterior paint, new flooring and interior paint in the rear unit, along with the installation of the NEW MINI-SPLIT A/C, making this property truly move-in and rent-ready. The home is serviced by ONE WATER METER and TWO SEPARATE ELECTRICAL METERS, allowing each unit to maintain its own electrical service. Perfectly situated just minutes from DOWNTOWN WINTER HAVEN, the famous Chain of Lakes, shopping, dining, healthcare, and schools, you'll also enjoy convenient access to US-27, I-4, Orlando International Airport, Downtown Orlando, and Walt Disney World, along with many of Central Florida's top attractions. As Winter Haven continues to experience significant residential, commercial, and economic growth, this property presents an outstanding opportunity to capitalize on both IMMEDIATE CASH FLOW and LONG-TERM APPRECIATION, whether you're looking to LIVE IN ONE UNIT WHILE RENTING THE OTHER, expand your investment portfolio, or own a versatile income-producing property with exceptional future potential. For added flexibility, the front 3-bedroom unit is also being offered FOR RENT, creating additional options for investors or future owner-occupants. Front Unit was Virtually Staged.

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Detail Ic Property Details

Property Type : Residential Income

Price : $319,900

AD Id : 87077838

MLS Id : MFRO6420791

Beds : 4

Lot Size : 0.24 Acre

Living Area Size : 1,816

Year Built : 1955

County : Polk

Subdivision: Fanning Sub

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Feature Features

  • Bedroom Information

    Total Bedroom: 4

    Bathroom Information

    Total Baths: 2

    Interior Features

    Ceiling Fans(s), Living Room/Dining Room Combo Roof: Shingle Appliances: Range, Refrigerator Laundry Features: Outside

    Roofing Information

    Shingle
  • Flooring Information

    Flooring: Ceramic Tile, Laminate Construction Materials: Block
  • Heating & Cooling

    Heating: Central, Ductless Cooling: Central Air, Attic Fan WaterSource: Public

  • Building Information

    Year Built: 1955
  • Exterior Features

    Courtyard, Sidewalk Construction Materials: Block Foundation Details: Block

  • Lot Information

    Lot Dimensions: 75x140 Lot Description: Corner Lot, City Limits, Landscaped, Sidewalk, Paved Lot Square Feet: 10511 Lot Acres: 0.24 Lot Size (SqMt): 977

    Property Information

    Property Type: Residential Income Sub Type: Duplex

  • Listing Price Information

    Original List Price:$319900

  • Tax Information

    Tax Book Number: 35-16 Tax Lot: 9 Tax Legal Description: FANNING SUBDIVISION PB 35 PG 16 LOT 9 Annual Tax: $3610 Tax Year: 2025 Parcel Number: 26-28-28-610700-000090

  • School Information

    Elementary School: John Snively Elem Junior High School: Denison Middle Senior High School: Winter Haven Senior
  • Utility Information

    Cable Available, Electricity Connected, Sewer Connected, Water Available Sewer: Public Sewer Water Source: Public
  • Location Information

    Subdivision: FANNING SUB City: WINTER HAVEN Direction: Left from 1st st to Avenue G
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
113 Avenue C, Winter Haven, FL, 33880 $329,900 4 2 1,392 1,392 SqFt
3023 Saint Paul Drive, Winter Haven, FL, 33880 $550,000 8 4 3,456 3,456 SqFt
17 Kendra Court, Winter Haven, FL, 33880 $110,000 2 2 960 960 SqFt
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ByOwner last updated this listing 07/04/2026 @ 06:20

MLS: MFRMLS #O6420791 LISTED BY: Nomar Rosa, LPT REALTY, LLC 877-366-2213 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)

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