LKV Realty
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$319,900
$1,650Reward *
517 OAK Street, Auburndale, FL 33823Listing ID O6422402

517 OAK Street, Auburndale, FL 33823

Active
AUBURNDALE HEIGHTS
Time on site: 42 daysLast updated: 1 day ago
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Duplex
Bedrooms
Bedrooms
6
Bathrooms
Bathrooms
5
Square Feet
Square Feet
930
Acres
Acres
0.19
Days on Site
Days on Site
42
Cooling
Cooling
Central Air, Attic Fan
Heating
Heating
Central, Electric
Year Built
Year Built
1930

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!

Property Information

Property Details

Location

Address
517 OAK Street
County
Polk
City
Auburndale
Zip Code
33823
Subdivision
AUBURNDALE HEIGHTS
MLS Area
33823 - Auburndale

Interior Features

Beds and Baths

Bedrooms
6

Building

Building Information

Square Feet
930
Year Built
1930
Construction
Stucco
Foundation
Slab
Roof
Shingle

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$3,322
Tax Year
2025
IAD REAL ESTATE, (407) 720-0020

Market Report for 33823

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Stellar MLS
Stellar MLS logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

For corrections to this data please contact Brytecore MLS Support.

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