$579,000
514 Avenue C
Winter Haven, FL 33881
Listing updated: June 22, 2026 at 10:11 AM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Virtually Staged. Rare opportunity to own a 5-unit multifamily investment property situated on an oversized lot in the rapidly growing and expanding City of Winter Haven. The property consists of three separate buildings, providing flexibility, privacy, and multiple income streams. Currently, three units are leased with one vacant unit available for immediate occupancy or additional rental income potential , air b n b options as well . Recent renovations and updates completed within the past year include a new metal roof, updated HVAC systems, and numerous interior and exterior improvements, helping minimize deferred maintenance and enhance long-term value. Located near shopping, restaurants, schools, medical facilities, and major roadways, this property is positioned in one of Central Florida's strongest and fastest-growing rental markets. The versatile layout presents numerous possibilities for investors seeking cash flow, portfolio expansion, house-hacking opportunities, or potential short-term rental and Airbnb use, subject to local regulations and buyer verification. With strong income potential, multiple buildings, recent capital improvements, and a prime Winter Haven location near attractions, employment centers, and everyday conveniences, this is a unique opportunity to acquire a well-maintained multifamily asset with both immediate income and future upside.
Local Insight
This 1930s quadruplex hits an attractive price-per-square-foot for a multi-unit income play in Winter Haven, but the age and tight 0.26-acre lot mean you're looking at meaningful deferred maintenance and limited expansion potential—factor in a professional inspection before betting on quick ROI. The no-HOA status and X flood zone are genuine pluses, but as a four-unit property, you'll want to vet the rental history and current tenant quality, since one vacant unit on this deal meaningfully impacts cash flow.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history150 days on market
- Status: ActiveFeb 19, 2026
- Listed$599,999Jan 15, 2026
- Price reduced$579,000
Facts & features
- Property type
- Residential Income
- Sub type
- Quadruplex
- Status
- Active
- Days on market
- 150
- Subdivision
- Coker A B Add
- County
- Polk
- Year built
- 1930
- Living area
- 3,196 sq ft
- Price/sq ft
- $181
- Building area
- 3,500 sq ft (Public Records)
- Lot size
- 11,204 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- X (12105C0365G)
- Annual taxes
- $3,335 (2025)
- Parcel #
- 26-28-28-596500-004030
- Zoning
- R-3
- MLS #
- L4958429
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Interior Details
- Bedrooms
- 9
- Interior features
- Ceiling Fans(s), Thermostat, Walk-In Closet(s)
- Laundry
- Laundry Room
- Stories / Levels
- Two
Heating & Cooling
- Heating
- Heat Pump
- Cooling
- Central Air
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Listing terms
- Cash, Conventional, Owner Financing
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
Exterior & Construction
- Exterior features
- Other
- Construction materials
- Stucco
- Roof
- Metal
- Foundation
- Block
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Connected, Electricity Connected, Public, Sewer Connected
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Listing Details
- Listing date
- 2026-01-11
- On market date
- 2026-01-15
- Original list price
- $599,999
- Occupant type
- Tenant
- MLS area
- 33881 - Winter Haven / Florence Villa
- Listing AOR
- Lakeland
- Status changed
- 2026-02-19
- Tax legal description
- COKER A B ADD PB 5 PG 42 IN S21/28 T28 R26 BLK 4 LOTS 3 & W 30 FT OF 4
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
.From the North Travel south on US-17 toward Winter Haven. As you enter the city, continue toward the downtown area. Turn right onto Central Avenue if needed to align east to west. Turn right onto 1st Street N heading south, then turn left onto Avenue C NE. Continue to 514 Avenue C NE, which will be on the right. From the South Head north on US-17 toward central Winter Haven. Continue into the downtown grid. Turn left to connect with 1st Street N, then turn left onto Avenue C NE. Proceed to 514 Avenue C NE on the right. From the East Take SR-542 Central Avenue west into Winter Haven. Turn left onto 1st Street N heading south. Turn left onto Avenue C NE and continue to 514 Avenue C NE on the right. From the West Travel east on SR-540 toward Winter Haven. Connect to US-17 and continue toward downtown. Turn right onto Central Avenue if needed, then turn right onto 1st Street N. Turn left onto Avenue C NE and continue to 514 Avenue C NE on the right.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of June 22, 2026 at 10:11 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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