Property
ActiveResidential
1/26
$319,900

501 AVENUE G

Winter Haven, FL 33880
4
Beds
2
Baths
1,816
SqFt
0.24
Acres
STELLAR
#O6420791
Updated: Jun 30, 2026, 9:23am

Property Description

Welcome to an exceptional HOUSE HACKING and INVESTMENT OPPORTUNITY in the heart of Winter Haven! Legally classified as a SINGLE-FAMILY HOME, this unique property is GRANDFATHERED FOR MULTI-FAMILY USE and is currently configured as two separate living units, making it ideal for INVESTORS, OWNER-OCCUPANTS, or MULTI-GENERATIONAL LIVING. The front unit features 3 BEDROOMS, 1 BATHROOM, its own PRIVATE CARPORT, LAUNDRY ROOM, separate entrance, and private backyard, while the rear unit offers 1 BEDROOM, 1 BATHROOM, a private entrance, private backyard, and is currently rented for OVER $1,200 /MONTH. For added comfort, energy efficiency, and long-term value, the rear unit has been upgraded with a NEW MINI-SPLIT A/C SYSTEM, providing efficient climate control for tenants. The front unit has an estimated rental value of $1,650-$1,750 /MONTH, creating a projected combined rental income of approximately $2,850-$3,000+ /MONTH. Looking for additional upside? One of the bedrooms in the front unit has its OWN EXTERIOR ENTRANCE leading to the patio and offers exciting VALUE-ADD POTENTIAL for a future studio or efficiency conversion by adding a bathroom and kitchenette (buyer to verify all permitting, zoning, and city requirements). Recent 2023 UPDATES include updated kitchen countertops, fresh exterior paint, new flooring and interior paint in the rear unit, along with the installation of the NEW MINI-SPLIT A/C, making this property truly move-in and rent-ready. The home is serviced by ONE WATER METER and TWO SEPARATE ELECTRICAL METERS, allowing each unit to maintain its own electrical service. Perfectly situated just minutes from DOWNTOWN WINTER HAVEN, the famous Chain of Lakes, shopping, dining, healthcare, and schools, you'll also enjoy convenient access to US-27, I-4, Orlando International Airport, Downtown Orlando, and Walt Disney World, along with many of Central Florida's top attractions. As Winter Haven continues to experience significant residential, commercial, and economic growth, this property presents an outstanding opportunity to capitalize on both IMMEDIATE CASH FLOW and LONG-TERM APPRECIATION, whether you're looking to LIVE IN ONE UNIT WHILE RENTING THE OTHER, expand your investment portfolio, or own a versatile income-producing property with exceptional future potential. For added flexibility, the front 3-bedroom unit is also being offered FOR RENT, creating additional options for investors or future owner-occupants. Front Unit was Virtually Staged.
Watch Video Tour
CLICK TO LOAD 3D TOUR
YouTube
Included Appliances
RangeRefrigerator

Property Details

Highlights
View
Yes
Interior
Additional Rooms
Bonus RoomFamily RoomGarage ApartmentInterior In-Law Suite w/Private Entry
Appliances
RangeRefrigerator
Building Area Total
2288
Cooling
Central Air
Fireplace Features
Wood Burning
Flooring
Ceramic TileLaminate
Furnished
Unfurnished
Heating
CentralWall Units / Window Unit
Interior Features
Attic FanCeiling Fan(s)Living Room/Dining Room Combo
Laundry Features
Outside
Living Area
1816
Construction
Building Area Source
Public Records
Building Area Units
Square Feet
Construction Materials
Block
Foundation Details
Block
Levels
One
Living Area Source
Public Records
Living Area Units
Square Feet
Property Condition
Completed
Roof
Shingle
Year Built
1955
Site & Exterior
Carport Spaces
Yes
Covered Spaces
Yes
Exterior Features
CourtyardSidewalk
Flood Zone Code
X
I D X Participation
Yes
Lot Features
Corner LotCity LotLandscapedSidewalk
Lot Size Acres
0.24
Lot Size Area
10511
Lot Size Dimensions
75 x 140
Lot Size Square Feet
10511
Lot Size Units
Square Feet
Number Of Separate Electric Meters
2
Number Of Separate Water Meters
Yes
Patio And Porch Features
PorchScreened
Public Survey Range
26
Public Survey Section
28
Road Frontage Type
Street Paved
Road Surface Type
Paved
Sewer
Public Sewer
Total Acreage
0 to less than 1/4
Utilities
Cable AvailableElectricity ConnectedSewer ConnectedWater Available
View
City
Water Source
Public
Zoning
R-1B
Financials
Calculated List Price By Calculated Sq Ft
176.16
Contract Status Change Date
2026-06-29
Current Price
319900
Feed Types
BBO
Lease Considered
Yes
Lease Term
12 Months
Minimum Lease
No Minimum
Owner Name
READY INVESTOR MBLLC
Ownership
Fee Simple
Parcel Number
262828610700000090
Public Survey Township
28
Tax Annual Amount
3610
Tax Book Number
35-16
Tax Legal Description
FANNING SUBDIVISION PB 35 PG 16 LOT 9
Tax Lot
9
Tax Year
2025
Total Actual Rent
2870

Neighborhood & Lifestyle

Community & Association
M L S Area Major
33880 - Winter Haven/Eloise/JPV/Wahnetta
Number Of Pets
10+
Pet Size
Extra Large (101+ Lbs.)
Pets Allowed
Cats OKDogs OKNumber LimitSize Limit
Subdivision Name
FANNING SUB
Schools
Ratings
Elementary
John Snively Elem
Middle
Denison Middle
High
Winter Haven Senior
Listing provided courtesy of STELLAR via IDX. Updated: Jun 30, 2026, 9:23am.
Nomar Rosa

Listing Agent

LPT REALTY, LLC

Call Agent