517 Oak Street, FL517 Oak Street, FL517 Oak Street, FL
Stellar MLS
1 / 36

$389,900

517 Oak Street

Auburndale, FL 33823

Listing updated: July 5, 2026 at 1:05 PM ET

Active
Stellar MLSListing courtesy of Iad Real Estate · Merly Esgro · MLS #O6422402 · Active · 407-720-0020
6
Beds
5
Baths
930
Sq Ft
0.19
Acres
1930
Built
$419/sqft
Duplex

Property type

1930

Year built

8,111 sqft

Lot size

$419

Price / sq ft

No HOA

HOA dues

0

Days on market

X

Flood zone

About this home

Turnkey Duplex Investment Opportunity | Fully Leased | Strong Cash Flow | Auburndale, FL Exceptional income-producing duplex in the heart of Auburndale, Florida, offering immediate cash flow with both units currently leased. This turnkey multifamily property is an excellent opportunity for investors seeking stable rental income in the growing Polk County market. The property features a spacious 4-bedroom, 3-bathroom residence leased at $1,500 monthly and a well-appointed 2-bedroom, 2-bathroom residence leased at $1,400 monthly, generating $2,900 in monthly rental income ($34,800 annually). The owner has invested approximately $80,000 in renovations and improvements, enhancing the property's value while helping reduce future maintenance costs. Well maintained with dependable tenants already in place, this duplex allows the new owner to begin receiving rental income immediately after closing. Ideally located near Interstate 4, the property provides convenient access to Lakeland, Winter Haven, Orlando, and Tampa. Shopping, dining, schools, parks, medical facilities, and major employers are all just minutes away. Investment Highlights Fully leased duplex Immediate rental income Monthly rental income of $2,900 Approximately $80,000 in recent upgrades Separate living spaces with excellent rental appeal Ideal for investors seeking consistent income Strong rental market in Central Florida Convenient access to I-4, Lakeland, Winter Haven, Orlando, and Tampa Excellent addition to any real estate investment portfolio Whether you're completing a 1031 Exchange, expanding your portfolio, or purchasing your first multifamily investment, this Auburndale duplex offers an exceptional opportunity to own an established income-producing property in one of Central Florida's fastest-growing areas. Seller is motivated! Don't let the asking price stop you. This is an outstanding opportunity to own a well-maintained, income-producing property in one of Central Florida's fastest-growing markets. Schedule your private showing today!

Estimated monthly payment

Principal & interest$1,972
Property taxes$277
Home insurance (est.)$179

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 history0 days on market

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

Facts & features

Property type
Residential Income
Sub type
Duplex
Status
Active
Days on market
0
Subdivision
Auburndale Heights
County
Polk
Year built
1930
Living area
930 sq ft
Price/sq ft
$419
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 #
O6422402

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Interior Details

Bedrooms
6
Interior features
Primary Bedroom Main Floor
Laundry
None

Heating & Cooling

Heating
Central, Electric
Cooling
Central Air, Attic Fan

Parking

Carport
Yes

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
CDD
No
Listing terms
Cash, Conventional, Lease Purchase, Private Financing Available
Ownership
Fee Simple

Exterior & Construction

Exterior features
Fence, Private Entrance
Construction materials
Stucco
Roof
Shingle
Foundation
Slab
Road surface
Paved

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
BB/HS Internet Available, Cable Available, Electricity Connected, Sewer Connected, Water Connected

Listing Details

Listing date
2026-07-05
On market date
2026-07-05
Original list price
$389,900
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 July 5, 2026 at 1:05 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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