
$319,900
501 Avenue GWinter Haven, FL 33880
Listing updated: October 12, 2026 at 12:38 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
FULLY RENTED INVESTMENT PROPERTY + $2,845 MONTHLY RENTAL INCOME + NO HOA! Welcome to 501 Avenue G SE, Winter Haven, FL 33880, an INCOME-PRODUCING MULTI-FAMILY INVESTMENT OPPORTUNITY offering immediate cash flow for investors looking to expand their rental portfolio! This unique single-family property, GRANDFATHERED FOR MULTI-FAMILY USE, features TWO SEPARATE, FULLY OCCUPIED RENTAL UNITS generating a combined $2,845 PER MONTH OR $34,140 IN ANNUAL GROSS RENTAL INCOME! Situated on a LARGE LOT, both residences feature PRIVATE ENTRANCES AND SEPARATE YARD AREAS, providing privacy and convenience for tenants. The front residence offers 3 BEDROOMS, 1 BATHROOM, laminate flooring, and a dedicated laundry room, currently rented for $1,625 PER MONTH. The rear residence features 1 BEDROOM, 1 BATHROOM, currently rented for $1,220 PER MONTH. With 100% OCCUPANCY AND EXISTING RENTAL INCOME, this property provides an opportunity to acquire an established rental asset without the immediate need to secure tenants. Investors seeking ADDITIONAL VALUE-ADD POTENTIAL may explore reconfiguring the existing layout to create a middle studio-style living space while converting the front residence into a 2-bedroom, 1-bathroom unit, subject to applicable approvals and permitting. With NO HOA, TWO EXISTING INCOME-PRODUCING UNITS, A LARGE LOT, AND POTENTIAL FOR FUTURE RENTAL GROWTH, this property offers an attractive opportunity for both seasoned investors and those building their real estate portfolios. PROPERTY IS BEING SOLD AS-IS WITH EXISTING TENANTS IN PLACE. Whether you're seeking PASSIVE RENTAL INCOME, LONG-TERM CASH FLOW, PORTFOLIO EXPANSION, OR A VALUE-ADD INVESTMENT, this fully occupied property is ready to become your next income-producing asset!
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 history49 days on market
- Status: ActiveAug 25, 2026
- Listed$319,900Aug 24, 2026
Property Documents
Documents the listing agent has made public for this property. Free to view and download.
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 49
- Subdivision
- Fanning Sub
- County
- Polk
- Year built
- 1955
- Living area
- 1,816 sq ft
- Price/sq ft
- $176
- Building area
- 2,288 sq ft (Public Records)
- Lot size
- 10,511 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- X (12105C0365G)
- Annual taxes
- $3,610 (2025)
- Parcel #
- 26-28-28-610700-000090
- Zoning
- R-1B
- MLS #
- O6436311
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Interior Details
- Bedrooms
- 4
- Full bathrooms
- 2
- Flooring
- Laminate
- Appliances
- Refrigerator
- Interior features
- Primary Bedroom Main Floor, Thermostat
- Laundry
- Laundry Closet, Laundry Room
- Stories / Levels
- One
- Direction faces
- South
- In-law suite
- Yes
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
Parking
- Garage spaces
- 0
- Attached garage
- Yes
- Carport
- Yes
HOA & Financial
- Total monthly fees
- None
- Total annual fees
- None
- CDD
- No
- Min lease term
- 1-7 Days
- Listing terms
- Cash, Conventional, FHA, VA Loan
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
- Additional lease restrictions
- No additional lease restrictions
Exterior & Construction
- Exterior features
- Private Entrance, Private Yard
- Construction materials
- Block
- Roof
- Shingle
- Foundation
- Slab
- Road surface
- Asphalt, Paved
Utilities
- Sewer
- Public Sewer
- Water source
- None
- Utilities
- Public
Community
- Pets allowed
- Cats OK, Dogs OK
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.
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Primary Bedroom | First | 17x15 |
| Bedroom 2 | First | 12x12 |
| Bedroom 3 | First | 12x12 |
| Kitchen | First | 9x12 |
| Living Room | First | 12x15 |
Listing Details
- Listing date
- 2026-08-24
- On market date
- 2026-08-24
- Original list price
- $319,900
- Occupant type
- Tenant
- MLS area
- 33880 - Winter Haven/Eloise/JPV/Wahnetta
- Listing AOR
- Orlando Regional
- Status changed
- 2026-08-25
- Tax legal description
- FANNING SUBDIVISION PB 35 PG 16 LOT 9
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 I-4, take US-27 S toward Winter Haven. Turn right onto FL-544 W/Lucerne Park Rd and continue toward Downtown Winter Haven. Continue south on 1st St, turn left onto Avenue G SE, and proceed to 501 Avenue G SE, located near the corner of 5th St SE and Avenue G SE.
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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 October 12, 2026 at 12:38 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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