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Duplex with In-Unit Laundry
For Sale
$455,000

1830 2ND Street NW, Winter Haven, FL 33881

Residential Income, WINTER HAVEN, FL

Property Size1,944 SF
Lot Size0.15 Acres
Price / SF$234.05
Days on Market159

Property Features for 1830 2ND Street NW

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R-3
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bedroom 5, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 6, Bedroom 4, Bathroom 2
Exterior features Sliding Doors
Appliances Dishwasher, Disposal, Dryer, Range, Range Hood, Refrigerator, Washer
Subdivision LARAMORE SUB
Directions Driving Directions from I-4 Westbound (Coming from Orlando). This is the most direct route for buyers heading west from the Orlando area. Head West on I-4 toward Tampa. Take Exit 55 for US-27 South toward Haines City / Winter Haven. Keep left at the fork and merge onto US-27 South. Drive straight for approximately 13 miles. Turn Right onto FL-544 West (Lucerne Park Rd). Continue straight for about 5 miles. (Note: FL-544 will curve and become Havendale Blvd NW). Turn Left onto 2nd St NW. Drive a few blocks, and 1830 2nd St NW will be on your Right.
Standard status Active
APN 26-28-17-548500-001023
Size 1,944 SF
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LARAMORE SUB PB 3 PG 35 BLK A LOT 2 W 60 FT
Tax Annual Amount 5996
Legal Description LARAMORE SUB PB 3 PG 35 BLK A LOT 2 W 60 FT

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Amenities

in-unit laundry

Building Details

Year built 2006
Floors in Building 1
Flooring type Tile - Ceramic
Building materials Block, Stucco
Roof type Shingle
Listing Agency: EXP REALTY LLC
Listed By: John Gomez · License #3374681
Added: May 1 Changed: Sep 28 Last Checked: Oct 6 at 12:06PM
MLS# S5149227

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 1,944-square-foot duplex contains two three-bedroom, one-bathroom residences within a block-and-stucco building completed in 2006. Each unit includes ceramic tile flooring, central heating and central air, a kitchen with wood cabinetry, dishwasher, range, refrigerator, disposal, range hood, and breakfast bar, plus a dedicated laundry closet with washer and dryer. Sliding doors and neutral interior finishes are also provided.

The property occupies 0.15 acres in Winter Haven, Florida, with public water and public sewer service. Additional physical features include a shingle roof and R-3 zoning. Both residences share the same bedroom and bathroom configuration, providing a consistent layout across the duplex.

Key Highlights

  • 1,944‑square‑foot duplex with two residences
  • Each unit has 3 bedrooms and 1 bathroom
  • Built in 2006 on a 0.15‑acre parcel

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$20,612
Cap Rate
4.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$412,240 $412.2K
Cap Rate 7%
$294,457 $294.5K
Cap Rate 9%
$229,022 $229.0K
Market Conditions
NOI Build-Up for 1,944 SF
Gross rent
$31.5K $16.20/SF
− Vacancy
−$2.0K −$1.05/SF
EGI
$29.4K $15.15/SF
− OpEx
−$8.8K −$4.54/SF
NOI
$20.6K $10.60/SF
Area
Polk County, FL
Vacancy
6.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$412,240
Cap Rate 7%
$294,457
Cap Rate 9%
$229,022

Alternative Uses

Best Use
Multifamily LT 5
$294.5K
$257.7K – $343.5K (±1% cap)
NOI $20,612 @ 7.0% cap · market cap 4.53%
Second Best
Apartment 5plus
$263.0K
$230.2K – $306.9K (±1% cap)
NOI $18,413 @ 7.0% cap · market cap 4.05%
Theoretical Best
Office A
$467.2K
$408.8K – $545.0K (±1% cap)
NOI $32,701 @ 7.0% cap · market cap 7.19%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Storage Facility Electrical Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

559
Businesses Nearby

Demographics for 33881, FL

38,369
Population
17,948
Households
2.1
Avg Household Size
44
Median Age
18%
College-Educated
85%
High-School Grad
21.9 sq mi
ZIP Area
1,752
Density / Sq Mi
$53,867
Median Household Income
$33,941
Median Earnings
$1,153
Median Rent
$177,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two matching three-bedroom residences offer tile flooring, equipped kitchens, and private laundry closets.
Where is this duplex located?
The property is located at 1830 2ND Street NW Winter Haven, FL.
What is the asking price?
The asking price for this property is $455,000.
What are key features of this property?
This property features: 1,944‑square‑foot duplex with two residences; Each unit has 3 bedrooms and 1 bathroom; Built in 2006 on a 0.15‑acre parcel
More about this property
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