517 Oak Street, FL517 Oak Street, FL517 Oak Street, FL
Stellar MLS
1 / 26

$359,000

517 Oak Street

Auburndale, FL 33823

Listing updated: August 1, 2026 at 11:05 PM ET

Active
Stellar MLSListing courtesy of Iad Real Estate · Merly Esgro · MLS #O6422400 · Active · 407-720-0020
3
Beds
2
Baths
950
Sq Ft
0.19
Acres
1930
Built
$378/sqft360° tour
Single Family Residence

Property type

1930

Year built

8,111 sqft

Lot size

$378

Price / sq ft

No HOA

HOA dues

27

Days on market

X

Flood zone

About this home

Residential Investment Opportunity with Mother-in-Law Suite | Fully Leased | Immediate Cash Flow | Auburndale, FL Excellent income-producing property with immediate rental income! This well-maintained residential investment features two separate living spaces, making it an ideal opportunity for investors seeking strong cash flow in the growing Auburndale market. The property includes: Main Residence: 3 bedrooms, 2 bathrooms – currently leased for $1,500/month Mother-in-Law Residence: 2 bedrooms, 1 bathrooms – currently leased for $1,400/month Together, the property generates $2,900 month ($34,800 annually) in rental income with dependable tenants already in place, allowing the new owner to begin receiving rental income immediately after closing. The current owner has invested approximately $80,000 in renovations and improvements, helping minimize future maintenance while increasing the property's long-term value. Investment Highlights Fully leased with immediate cash flow Annual gross rental income of $34,800 Approximately $80,000 in recent upgrades Separate living spaces with excellent rental demand Reliable tenants already in place Low-maintenance investment opportunity Strong rental market in Polk County Convenient access to I-4, Lakeland, Winter Haven, Orlando, and Tampa Close to shopping, restaurants, schools, medical facilities, parks, and major employers Whether you're completing a 1031 Exchange, expanding your investment portfolio, or purchasing your first income-producing property, this is an outstanding opportunity to own a cash-flowing asset in one of Central Florida's fastest-growing markets. Schedule your private showing today!

Estimated monthly payment

Principal & interest$1,815
Property taxes$277
Home insurance (est.)$165

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 history27 days on market

  1. Status: Active
    Jul 5, 2026
  2. Listed$389,900
    Jul 5, 2026
  3. Price reduced$359,000

Facts & features

Property type
Residential
Sub type
Single Family Residence
Status
Active
Days on market
27
Subdivision
Auburndale Heights
County
Polk
Year built
1930
Living area
950 sq ft
Price/sq ft
$378
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
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

RoomLevelDimensions
Living RoomFirst14x16
KitchenFirst10x12
Primary BedroomFirst12x14

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 riskFEMA Zone XPanel 12105C0345G

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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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 August 1, 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.

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