


$319,900
517 Oak Street
Auburndale, FL 33823
Listing updated: September 3, 2026 at 11:05 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
AUBURNDALE INVESTMENT OPPORTUNITY • TWO SEPARATE RESIDENCES • $2,900/MONTH CURRENT GROSS RENTAL INCOME • APPROX. $80,000 IN IMPROVEMENTS • ALSO AVAILABLE FOR LEASE • SELLER MOTIVATED! Welcome to 517 Oak St, Auburndale, FL 33823, an income-producing property featuring two separate residences/living spaces and established rental income. The 4-bedroom, 3-bath residence is currently leased at $1,500/month, and the 2-bedroom, 2-bath residence is currently leased at $1,400/month, generating combined current gross rental income of $2,900/month ($34,800 annually). The owner reports approximately $80,000 in renovations and improvements, creating an attractive opportunity for investors seeking a property with existing rental income and multiple living spaces. Sale is subject to applicable existing lease terms. ADDITIONAL LEASE OPTION: Property is also offered for lease at $2,900/month, subject to existing leases, availability, lease terms, application requirements, and approval. Ask for complete lease and occupancy details. Conveniently located in Auburndale, Florida, with access to I-4, Lakeland, Winter Haven, Orlando, and Tampa, along with shopping, dining, schools, medical facilities, employment centers, and other Central Florida amenities. ALTERNATIVE HOMEOWNERSHIP OPTION: A separate bank-funded lease-to-own/homeownership program may also be available through a third-party provider for qualified applicants. Depending on program guidelines, alternative income documentation may be available, which may include recent bank statements rather than relying solely on traditional tax-return documentation. Program availability, income documentation, credit standards, required funds, occupancy requirements, property eligibility, terms, and final approval are determined solely by the participating third-party provider. This is not seller financing, and approval is not guaranteed. Ask for complete program details and qualification requirements. SELLER MOTIVATED! Property and lease information available upon request. Buyer and buyer's agent are encouraged to independently verify property use/classification, zoning, measurements, rental income, existing lease information, occupancy, program eligibility, and all other information deemed important. INVEST • LEASE • OR EXPLORE AN ALTERNATIVE PATH TO HOMEOWNERSHIP — SCHEDULE YOUR SHOWING TODAY!
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 history60 days on market
- Status: ActiveJul 5, 2026
- Listed$389,900Jul 5, 2026
- Price reduced$319,900
Facts & features
- Property type
- Residential
- Sub type
- Half Duplex
- Status
- Active
- Days on market
- 60
- Subdivision
- Auburndale Heights
- County
- Polk
- Year built
- 1930
- Living area
- 950 sq ft
- Price/sq ft
- $337
- Lot size
- 8,111 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- X (12105C0345G)
- Annual taxes
- $3,322 (2025)
- Parcel #
- 25-28-11-336500-017140
- Zoning
- R-3
- MLS #
- O6422400
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Interior Details
- Bedrooms
- 3
- Full bathrooms
- 2
- Half bathrooms
- 1
- Flooring
- Luxury Vinyl
- Appliances
- Cooktop, Microwave, Range, Refrigerator
- Interior features
- Ceiling Fans(s)
- Laundry
- None
- Stories / Levels
- One
- Direction faces
- East
Heating & Cooling
- Heating
- Central, Electric
- Cooling
- Central Air
Parking
- Carport
- Yes
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Min lease term
- 1-7 Days
- Listing terms
- Cash, Conventional, Lease Purchase, Private Financing Available, VA Loan
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
Exterior & Construction
- Exterior features
- None
- Construction materials
- Stucco, Frame
- Roof
- Shingle
- Foundation
- Slab
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- BB/HS Internet Available, Cable Available, Electricity Available
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Living Room | First | 14x16 |
| Kitchen | First | 10x12 |
| Primary Bedroom | First | 12x14 |
Listing Details
- Listing date
- 2026-07-05
- On market date
- 2026-07-05
- Original list price
- $389,900
- Occupant type
- Tenant
- MLS area
- 33823 - Auburndale
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2026-07-05
- Tax legal description
- AUBURNDALE HGTS PB 2 PG 13 BLK 17 LOT 14
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
6th ST NW (Hwy 17 N), left on Havendale Blvd (544) to Magnolia. Make left on Oak, house on left.
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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 September 3, 2026 at 11:05 PM 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.
All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.
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