Two-Unit Duplex Rental
3520 AVENUE V NW Winter Haven, FL 33881
For Sale
Under Contract
$345,000
MULTI_FAMILY - WINTER HAVEN, FL
Property Size2,249 SF
Lot Size0.36 Acres
Price / SF$153.40
Days on Market49
Property Features for 3520 AVENUE V NW
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-1
Bedrooms
5
Bathrooms
3
Rooms
Bathroom 2, Bedroom 2, Bedroom 5, Bathroom 1, Bedroom 1, Bathroom 3, Bedroom 3, Bedroom 4
Standard status
Active Under Contract
APN
25-28-13-342500-010890
Size
2,249 SF
Lot size
0.36 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
INWOOD UNIT 4 PB 9 PG 35A 35B S13/24 T28 R25 LOTS 1089 & 1090
Tax Annual Amount
5404
Utilities
Utilities
Electricity Available
Sewer type
Septic Tank
Heating system
Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
1951
Flooring type
Tile, Wood
Building materials
Block
Roof type
Shingle
Listing Agency:
LPT REALTY, LLC
(877) 366-2213
Listed By:
Tyler Gibson LLC · License #3454664
(877) 366-2213
Added: Jun 10
Changed: Jul 25
Last Checked: Jul 28 at 3:06AM
MLS# O6413105
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex offers two separate rental units within a single income property. The front unit is a 3-bedroom, 2-bath layout, and the rear unit features 2 bedrooms and 1 bath. The heated space totals approximately 2,249 square feet across two buildings, and the property is described as previously refurbished with new roofs noted in the listing details.
Both units are tenant occupied. The property includes central air and electric heat, with public water and septic services noted for the duplex. Washer/dryer plumbing is included for both units, supporting straightforward in-unit laundry setup. The rear unit also includes its own fenced backyard.
Set on a 0.36-acre lot, the duplex is located in Winter Haven’s Inwood area, with the listing describing proximity to downtown shopping, entertainment, schools, medical facilities, major highways, and a nearby lake area with a public park, jogging trail, and playground.
Both units are tenant occupied. The property includes central air and electric heat, with public water and septic services noted for the duplex. Washer/dryer plumbing is included for both units, supporting straightforward in-unit laundry setup. The rear unit also includes its own fenced backyard.
Set on a 0.36-acre lot, the duplex is located in Winter Haven’s Inwood area, with the listing describing proximity to downtown shopping, entertainment, schools, medical facilities, major highways, and a nearby lake area with a public park, jogging trail, and playground.
Key Highlights
- Duplex on 0.36‑acre lot with two tenant‑occupied rental units for immediate rental income
- Front unit: 3‑bedroom, 2‑bath; rear unit: 2‑bedroom, 1‑bath; both have washer/dryer plumbing
- Approximately 2,249 sq ft heated space across two buildings
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.4k | $16.20 |
| − Vacancy | −$2.4k | −$1.05 |
| EGI | $34.1k | $15.15 |
| − OpEx | −$10.2k | −$4.54 |
| NOI | $23.8k | $10.60 |
2,249 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$340.7K
$298.1K – $397.4K
NOI $23,846 @ 7.0% cap · market cap 6.91%
Second Best
Apartment 5plus
$304.3K
$266.3K – $355.0K
NOI $21,302 @ 7.0% cap · market cap 6.17%
Theoretical Best
Office A
$540.5K
$472.9K – $630.5K
NOI $37,832 @ 7.0% cap · market cap 10.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Duplex with two tenant-occupied units on a 0.36-acre lot, including central air, electric heat, and washer/dryer plumbing.
Where is this duplex located?
The property is located at 3520 AVENUE V NW Winter Haven, FL.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: Duplex on 0.36‑acre lot with two tenant‑occupied rental units for immediate rental income; Front unit: 3‑bedroom, 2‑bath; rear unit: 2‑bedroom, 1‑bath; both have washer/dryer plumbing; Approximately 2,249 sq ft heated space across two buildings
