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    510 Avenue K NW Winter Haven, FL 33881

    For Sale
    $975,000

    Turnkey 6-unit apartment complex overlooking Lake Silver in Winter Haven.

    Lot size:
    0.29 Acres

    Property Features for 510 Avenue K NW

    General Information

    Lot size
    0.29 Acres

    Building Details

    Year built
    1978

    Source: BERRY REALTY & APPRAISAL SERVICES PA Agent Kylie Berry

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lake Silver View Apartment Complex

    This is a fully occupied, well-maintained 6-unit apartment complex overlooking Lake Silver. The property features updated and spacious 2-bed, 2-bath units. It offers convenient access to public transportation and is located minutes from downtown Winter Haven's shops, restaurants, and entertainment. The property is located in Winter Haven, known as the ski capital of the world. Tenants can view the Cypress Gardens Water Ski Team's ski show on the 3rd Saturday of each month from their porches. All units are individually metered for water and electric. The property has a strong rental history, 100% occupancy, and minimal upkeep.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Winter Haven
    County
    Polk
    State
    Florida
    Longitude
    -81.7203952
    Latitude
    28.0110378

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    FAQs

    What type of property is this?
    Apartment building - Turnkey 6-unit apartment complex overlooking Lake Silver in Winter Haven.
    Where is this apartment building located?
    The property is located at 510 Avenue K NW Winter Haven, FL.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: - Turnkey 6-unit apartment complex with 100% occupancy and strong rental history.; - Updated and spacious 2 bed, 2 bath units.; - Overlooking Lake Silver with views of the Cypress Gardens Water Ski Team performances.
    (863) 224-6857
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    510 Avenue K NW Winter Haven, FL 33881
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