$2,600,000

2300 Cannon Terrace

Winter Haven, FL 33881

Active
0
Baths
0.29
Acres
1979
Built
$2,889/sqft

About this home

Exceptional Multi-Family Investment Opportunity – Winter Haven, Florida Investors take notice! This outstanding income-producing property features five apartment buildings with a total of 17 units, each offering 2 bedrooms and 2 bathrooms. All units are currently leased, providing immediate cash flow and a stable rental history for the new owner. These well-maintained apartments are centrally located in Winter Haven, placing tenants close to major employment centers, medical facilities, shopping, dining, and Central Florida’s world-famous attractions. The strong rental demand in the area makes this an excellent opportunity for investors seeking consistent income and long-term growth potential. With solid occupancy, desirable unit layouts, and a convenient location, this property offers the perfect chance to step into an established rental portfolio with proven performance. Whether you are expanding your investment holdings or entering the multi-family market, this property presents a rare opportunity to own a well-positioned income-producing asset in one of Central Florida’s growing communities.

Estimated monthly payment

$16,644/mo

Principal & interest$13,147
Property taxes$2,305
Home insurance (est.)$1,192

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 history8 days on market

  1. Status: Active
    Mar 12, 2026
  2. Listed$2,600,000
    Mar 11, 2026
  3. Price increased$2,600,000

Virtual Tour

Facts & features

Property type
Commercial Sale
Sub type
Multi-Family 5+
Status
Active
Days on market
8
County
Polk
Year built
1979
Price/sq ft
$2,889
Building area
900 sq ft (Owner)
Lot size
6,900 sq ft
Lot category
1/4 to less than 1/2
Flood zone
X
Annual taxes
$27,659 (2025)
Parcel #
26-28-19-553660-000091
MLS #
P4938049

Interior Details

Appliances
Dishwasher, Refrigerator

Heating & Cooling

Cooling
Central Air

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
Ownership
Corporation

Exterior & Construction

Construction materials
Brick
Foundation
Slab
Road surface
Asphalt

Listing Details

Listing date
2026-03-05
On market date
2026-03-11
Original list price
$2,600,000
MLS area
33881 - Winter Haven / Florence Villa
Listing AOR
East Polk
Status changed
2026-03-12
Tax legal description
WEST CANNON TERRACE PB 66 PG 7 LOTS 11 E1/2 & E1/2 OF 12 LESS ADDL R/W FOR AVE G (CR 542) AS DESC IN OR 6040 PG 265 WEST CANNON TERRACE PB 66 PG 7 LOT 9 E 90 FT & E 90 FT OF 10 LESS ADDL R/W FOR AVE G (CR 542) AS DESC IN OR 6040 PG 269 WEST CANNON TERRACE PB 66 PG 7 LOTS 9 & 10 LESS E 90 FT LESS R/W FOR AVENUE G (CR 542) AS DESC IN OR 6040 PG 0269

Location

Flood zone
X

Directions

TAKE COLEMAN TO CARLA COURT, 23 & 29 CARLA ARE ON THE LEFT. FOR CANNON APARTMENTS TAKE 3RD STREET TO LAKE HOWARD D SW TURN RIGHT TO AVENUE G N.W., FOLLOW AVENUE G TO CANNON TERRACE.

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MLS GRID

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 March 19, 2026 at 9:47 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.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA