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    Duplex with Two Tenant Units Title is generated by Realmo AI

    3520 AVENUE V NW, Winter Haven, FL 33881

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    For Sale
    $345,000

    Duplex - WINTER HAVEN, FL

    Type:Duplex
    Property size:
    2,249 SF
    Lot size:
    0.36 Acres
    Price / SF:
    $153/SF
    Added:
    Jun 10, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 12 at 2:06 pm

    Property Features for 3520 AVENUE V NW

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Zoning
    R-1
    Bedrooms
    5
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Standard status
    Active
    APN
    25-28-13-342500-010890
    Size
    2,249 SF
    Lot size
    0.36 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    5403.56

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1951
    Number of units
    2
    Flooring type
    Tile, Wood
    Building materials
    Block
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Tyler Gibson LLC
    Tyler Gibson LLC

    Listing agent Tyler Gibson LLC License #3454664

    Listing office LPT REALTY, LLC 1400 South International Parkw, Lake Mary, FL

    Listing date Jun 10, 2026

    MLS# O6413105 Listing URL

    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.

    HighLights

    • Two‑unit duplex on a 0.36‑acre lot with tenant‑occupied rentals generating immediate income potential
    • 2,249 sq ft of heated space split between two buildings: front 3‑bed/2‑bath and rear 2‑bed/1‑bath
    • Central air and electric heating; flooring includes tile and wood; roof is shingle
    • Utilities and services include public water and septic, with washer/dryer plumbing for both units
    • Rear unit has its own fenced backyard for tenant privacy and outdoor use
    • No HOA; Block construction; year built 1951

    Overview

    This duplex offers two separate rental units in a configuration split between a front unit and a rear unit, with approximately 2,249 sq ft of heated space across two buildings. The front unit is a 3-bedroom, 2-bath layout, while the rear unit offers 2 bedrooms and 1 bath. Both units are tenant occupied. The property was previously refurbished and includes new roofs noted in the listing details, along with central air, electric heat, public water, septic service, and washer/dryer plumbing for both units. The rear unit also includes its own fenced backyard.

    The property is located in the Inwood area of Winter Haven, Florida, and is described as being close to downtown shopping and entertainment, schools, medical facilities, major highways, and a nearby lake featuring a public park, jogging trail, and playground.

    For investors or owner-occupants considering “house-hacking,” the tenant-occupied setup provides immediate rental income potential, while the two-unit design supports flexible living and renting arrangements. With no HOA noted in the listing remarks, the fenced outdoor space tied to the rear unit adds practical day-to-day value for tenants.

    Local 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 (±1% cap)
    NOI $23,846 @ 7.0% cap · market cap 6.91%
    Second Best
    Apartment 5plus
    $304.3K
    $266.3K – $355.0K (±1% cap)
    NOI $21,302 @ 7.0% cap · market cap 6.17%
    Theoretical Best
    Office A
    $540.5K
    $472.9K – $630.5K (±1% cap)
    NOI $37,832 @ 7.0% cap · market cap 10.97%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Winter Haven
    County
    Polk
    State
    Florida
    Longitude
    -81.77069
    Latitude
    28.045896

    FAQs

    What type of property is this?
    Duplex - Two tenant-occupied rental units on a 0.36-acre lot, each with central air 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: Two‑unit duplex on a 0.36‑acre lot with tenant‑occupied rentals generating immediate income potential; 2,249 sq ft of heated space split between two buildings: front 3‑bed/2‑bath and rear 2‑bed/1‑bath; Central air and electric heating; flooring includes tile and wood; roof is shingle
    More about this property
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