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33644124
33644123

1339 7th Street Southwest, Winter Haven, FL 33880 For Sale

MH
FL 3562389
$459,000
80 days on market
Updated 4 days ago

Great Corner lot income producing MFH

Details
Property Type Multifamily, Hospitality
Sub Type Student Housing, Single Family Rental Portfolio (+1)
Square Footage 3,020
Net Rentable (SqFt) 46,000
Units 8
Cap Rate 6.25%
NOI $38,000
Pro-Forma NOI $55,000
Class C
Year Built 1920
Year Renovated 2024,2023
Buildings 1
Stories 2
Acreage 0.330
Zoning BR
Sale Condition 1031 exchange

5 units 100% occupied Multi family zoned apartment

Marketing description

• 5-unit multifamily asset located minutes from Winter Haven in a high-demand rental corridor

• Strong in-place income with value-add potential through rent increases and lease-up (2 units currently vacant)

• Unit mix totals 6 beds / 5 baths with diversified income streams

• Projected rents up to $950/unit with clear path to revenue growth

• Units 3 & 4 feature shared second-floor balcony, enhancing tenant appeal and retention

• Positioned near planned townhome development adding future rental demand and absorption support

• Located near major corridors including US Highway 27 with traffic counts exceeding 40,000+ AADT, driving accessibility and tenant convenience

• Immediate access to retail, dining, and employment centers supports consistent occupancy

• Winter Haven population growth exceeding 20%+ over the past decade with continued residential expansion underway

• Polk County ranked among the fastest-growing counties in Florida, fueling sustained rental demand and appreciation

• Ideal for investors seeking cash flow today with long-term equity growth in a proven expansion market

Investment highlights

Income-producing 5-unit multifamily asset located minutes from Winter Haven, positioned in a high-demand rental corridor with strong fundamentals for both immediate cash flow and long-term appreciation. Situated in one of Central Florida’s most active growth markets, this property offers a compelling opportunity for investors seeking stable income with clear upside.

BR zoning in Winter Haven offers exceptional flexibility, allowing both residential and limited commercial uses within the same property. This opens the door to multiple income streams, including multifamily rentals, office space, or live/work configurations. The designation supports higher density than traditional zoning, creating stronger cash flow potential and long-term scalability. Located in a rapidly growing market, properties with BR zoning are well-positioned to benefit from increasing demand and ongoing development.

This is a rare opportunity to acquire an asset with built-in adaptability, income growth potential, and future appreciation.

The asset features a diversified unit mix totaling 6 bedrooms and 5 bathrooms, with multiple units already occupied and additional income potential through lease-up and rent optimization. Current and projected rents indicate room for increased revenue, making this an ideal value-add opportunity without requiring major capital improvements.

Units 3 and 4 share a second-floor balcony overlooking the rear grounds, providing an added lifestyle feature that enhances tenant appeal and retention. The property benefits from consistent rental demand driven by ongoing residential expansion and population growth throughout the Winter Haven submarket.

Located near a planned townhome development, the property is well-positioned to benefit from future demand drivers that support long-term occupancy and rent growth. Easy access to major thoroughfares, retail, and dining further strengthens its appeal to tenants and investors alike.

This is a strategic acquisition opportunity for investors looking to scale a performing portfolio in a growth market with measurable upside through operational improvements and continued area development.

Contact for full financials, rent roll, and additional investment details.

Listing Contacts

MH
FL 3562389

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$38,000.00
$3,166.67/mo

Valuation Metrics

0
DSCR
8.28%
Cap Rate
8.28%
ROI

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Additional Information

Name
Trevor Puskar
License
bk3374078
Brokerage
Berkshire hathaway home services fl properties group
Brokerage Phone
8636040018
Title
Broker of Record
Brokerage Address
740 s Florida ave
Name
MIKE HOCHADEL
License
3562389
Brokerage Phone
8637012350
Brokerage Address
740 Florida Avenue South
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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