Duplex with Separate
501 AVENUE G SE, Winter Haven, FL 33880
New
Duplex - WINTER HAVEN, FL
Type:Duplex
Property size:
1,816 SFLot size:
0.24 AcresPrice / SF:
$176/SF- Added:
- Jun 29, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 30 at 6:06 am
Property Features for 501 AVENUE G SE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- R-1B
- Bedrooms
- 4
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
- Parking features
- Carport
- Pets allowed
- Cats OK, Dogs OK, Number Limit, Size Limit
- Interior features
- Ceiling Fans(s), Living Room/Dining Room Combo
- Exterior features
- Corner Lot, Paved, Courtyard, Sidewalk
- Fireplace
- 1
- Appliances
- Range, Refrigerator
- Standard status
- Active
- APN
- 26-28-28-610700-000090
- Size
- 1,816 SF
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 3610
Utilities
- Heating system
- Central, Ductless (Heating), Fireplace(s)
- Cooling system
- Attic Fan, Central Air
Building Details
- Year built
- 1955
- Number of units
- 2
- Flooring type
- Laminate, Tile, Tile - Ceramic
- Building materials
- Block
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Nomar Rosa License #3375671 (646) 673-3900
Listing office LPT REALTY, LLC 1400 South International Parkw, Lake Mary, FL (877) 366-2213
Listing date Jun 29, 2026
MLS# O6420791
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
- Legally classified as a single‑family home, grandfathered for multi‑family use and currently configured as 2 separate living units
- Front unit: 3 bedrooms/1 bath with private carport, laundry room, separate entrance, and private backyard
- Rear unit: 1 bedroom/1 bath with private entrance and private backyard; currently rented for over $1,200/month
- Rear unit upgraded with a new mini‑split A/C system for efficient climate control
- 2023 updates include updated kitchen countertops, fresh exterior paint, and new flooring plus interior paint in the rear unit
- Utilities setup includes one water meter and two separate electrical meters (one per unit)
Overview
This duplex is legally classified as a single-family home and is grandfathered for multi-family use, currently configured as two separate living units. The front unit offers 3 bedrooms and 1 bathroom, with its own private carport, laundry room, separate entrance, and private backyard. The rear unit includes 1 bedroom and 1 bathroom, with a private entrance and private backyard, and it is currently rented for over $1,200 per month. The rear unit was upgraded with a new mini-split A/C system for efficient heating and cooling.
The home sits on a 0.24-acre lot in Winter Haven and totals 1,816 square feet. Utilities are set up for unit separation with one water meter and two separate electrical meters. Public remarks indicate recent 2023 updates including new countertops in the kitchen, fresh exterior paint, new flooring, interior paint in the rear unit, and installation of the new mini-split A/C. The front unit also includes a bedroom with its own exterior entrance leading to the patio, which may support a future studio or efficiency-style conversion pending buyer verification of permitting, zoning, and city requirements.
Designed for investor and owner-occupant flexibility, the property supports living in one unit while renting the other, or renting both units. The front 3-bedroom unit is also being offered for rent, providing options for different occupancy and cash-flow strategies. The location is described as minutes from downtown Winter Haven, the Chain of Lakes, shopping, dining, healthcare, and schools, with convenient access to US-27 and I-4, as well as Orlando International Airport and major Central Florida destinations.
The home sits on a 0.24-acre lot in Winter Haven and totals 1,816 square feet. Utilities are set up for unit separation with one water meter and two separate electrical meters. Public remarks indicate recent 2023 updates including new countertops in the kitchen, fresh exterior paint, new flooring, interior paint in the rear unit, and installation of the new mini-split A/C. The front unit also includes a bedroom with its own exterior entrance leading to the patio, which may support a future studio or efficiency-style conversion pending buyer verification of permitting, zoning, and city requirements.
Designed for investor and owner-occupant flexibility, the property supports living in one unit while renting the other, or renting both units. The front 3-bedroom unit is also being offered for rent, providing options for different occupancy and cash-flow strategies. The location is described as minutes from downtown Winter Haven, the Chain of Lakes, shopping, dining, healthcare, and schools, with convenient access to US-27 and I-4, as well as Orlando International Airport and major Central Florida destinations.
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 | $29.4k | $16.20 |
| − Vacancy | −$1.9k | −$1.05 |
| EGI | $27.5k | $15.15 |
| − OpEx | −$8.3k | −$4.54 |
| NOI | $19.3k | $10.60 |
1,816 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$275.1K
$240.7K – $320.9K
NOI $19,255 @ 7.0% cap · market cap 6.02%
Second Best
Apartment 5plus
$245.7K
$215.0K – $286.7K
NOI $17,201 @ 7.0% cap · market cap 5.38%
Theoretical Best
Office A
$436.4K
$381.9K – $509.1K
NOI $30,548 @ 7.0% cap · market cap 9.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Winter Haven
- County
- Polk
- State
- Florida
- Longitude
- -81.720457
- Latitude
- 28.015229
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Two-unit duplex with separate entrances, private yards, and independent electrical metering for flexible living or rental.
Where is this duplex located?
The property is located at 501 AVENUE G SE Winter Haven, FL.
What is the asking price?
The asking price for this property is $319,900.
What are key features of this property?
This property features: Legally classified as a single‑family home, grandfathered for multi‑family use and currently configured as 2 separate living units; Front unit: 3 bedrooms/1 bath with private carport, laundry room, separate entrance, and private backyard; Rear unit: 1 bedroom/1 bath with private entrance and private backyard; currently rented for over $1,200/month
