204 Bennett St, Winter Haven, FL 33881 | For Sale

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For Sale $1,200,000 ($184.30 per Sq Ft)

$1,200,000 ($184.30 per Sq Ft)
  • (0)
  • Units
  • 6,511 Sq Ft
  • 86,183 Sq Ft
  • Unknown Cap Rate

Description

Winter Haven Income Investment Opportunity with potential for growth, expansion, rent increase, and even redevelopment. 

This 1.98+/- acre property consists of 9 fully rented single family homes with an onsite caretaker. Each unit consists of 667+/- Sq Ft to 768 +/- Sq ft with 2 beds 1 bath. 

R-3 Zoning allows for a maximum of 10 units per 1 acre meaning there is potential for 19 units on this 1.98+/- Acre plot of land. The new owner could also have the option of building up to four stories, building larger units, and even an apartment complex. 

Across the street from Lake Maude, some tenants here can enjoy a lake view, a quick trip to Lake Maude Recreation Park, or even a delicious meal at Big Daddy's BBQ. 
 
All uses, zoning, and development plans to be verified by the county by buyer. 

DO NOT DISTURB TENANTS.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $1,200,000
Property Type Other
Usable Sqft 6,511
Number of Stories 0 stories
Parking Spots 0 spots
Year Built 1970
Last Sold Unknown
Sold Price Unknown
APN # 262816000000044220
MLS # P4929989
Property ID 320373175
Lot Sqft 86,183
Zoning R-1
Days on Market 228
Original List Price $1,200,000
Date Updated April 11, 2024
Date Created April 10, 2024

Financials not available online. Please inquire with your agent for more details.

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Listing Provided By

David Reyes an agent of . Lic #679127


© 2024 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of April 11, 2024 The information being provided is 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.



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