724 W CENTRAL AVENUE, Winter Haven, FL 33880
Multi-Family 5+ - WINTER HAVEN, FL
- Added:
- Sep 6, 2025
- Days on Market:
- 289
- Last Refresh:
- Jun 21 at 5:06 am
Property Features for 724 W CENTRAL AVENUE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RP
- Bedrooms
- 5
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Exterior features
- Private Mailbox, Sidewalk
- Standard status
- Active
- APN
- 26-28-29-632000-004050
- Size
- 3,015 SF
- Lot size
- 0.21 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 7879.53
Utilities
- Heating system
- Central, Ductless (Heating)
- Cooling system
- Central Air, Ductless, Multi Units, Wall/Window Unit(s), Window Unit(s)
Building Details
- Year built
- 1930
- Number of units
- 2
- Building materials
- Frame, Stucco, Wood Siding
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Miraya Lane, PA License #3455140 (863) 206-5755
Listing office REAL BROKER, LLC 122 W Pine St, Ste 300, Winter Haven, FL (863) 206-5755
Listing date Sep 6, 2025
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
- Strong rental demand in a central location.
- Tenant‑occupied property.
- Multiple cooling systems including Central Air, Ductless, Multi Units, Wall/Window Unit(s), Window Unit(s).
- Construction features Frame, Stucco, and Wood Siding.
- Heating: Central and Ductless.
- Exterior features include a Private Mailbox and Sidewalk.
Overview
Located in Winter Haven, Florida, the property sits on a 0.21-acre lot and is zoned RP. The property size is listed at 3,015 square feet. The transaction is described as a short sale and is subject to lender approval.
For buyers and investors seeking an income-producing multifamily property with current tenants in place, this offering provides a straightforward, as-is structure with the added consideration of lender approval timing. Due to the tenant-occupied status, all showings and communications should be coordinated through the proper channels, consistent with the listing instruction to not disturb tenants. The seller notes no seller or creative financing is available.
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 | $48.8k | $16.20 |
| − Vacancy | −$3.2k | −$1.05 |
| EGI | $45.7k | $15.15 |
| − OpEx | −$13.7k | −$4.54 |
| NOI | $32.0k | $10.60 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Winter Haven
- County
- Polk
- State
- Florida
- Longitude
- -81.735839
- Latitude
- 28.022184
