For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Income-Producing Duplex Corner Lot Title is generated by Realmo AI

    2021 BUCKEYE ROAD NE, Winter Haven, FL 33881

    View on Map
    Claim this Listing
    New
    For Sale
    $339,000

    Duplex - WINTER HAVEN, FL

    Type:Duplex
    Property size:
    2,144 SF
    Lot size:
    0.20 Acres
    Price / SF:
    $158/SF
    Added:
    Jun 12, 2026
    Days on Market:
    1
    Last Refresh:
    Jun 12 at 10:06 pm

    Property Features for 2021 BUCKEYE ROAD NE

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Bedrooms
    4
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Pets allowed
    Cats OK, Dogs OK
    Interior features
    Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Thermostat
    Exterior features
    Corner Lot, Balcony, Fence, Sliding Doors
    Fencing
    Fenced
    Appliances
    Dishwasher, Range, Refrigerator, Washer
    Standard status
    Active
    APN
    26-28-22-588311-000060
    Size
    2,144 SF
    Lot size
    0.20 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    5044.96

    Utilities

    Heating system
    Central, Heat Pump (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1984
    Number of units
    1
    Flooring type
    Tile, Tile - Ceramic, Vinyl
    Building materials
    Block, Frame, Stucco
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Pranesh Palanisamy

    Listing agent Pranesh Palanisamy License #3631933

    Listing office CHARLES RUTENBERG REALTY ORLANDO 631 S Orlando Avenue Suite 200, Winter Park, FL

    Listing date Jun 12, 2026

    MLS# O6415489 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

    • Income‑producing duplex on a fenced corner lot with no HOA fees or restrictions
    • Two 2‑bedroom, 2‑bath units (1,070 SF each) at 2021/2023 Buckeye Rd NE
    • Unit 2023 occupied with a tenant lease renewed for another full year at $1,300/month
    • Unit 2021 is vacant and move‑in ready
    • Roof replaced in 2018; central air and heat pump heating
    • Block/frame/stucco construction; features include tile and vinyl flooring, balcony, and sliding doors

    Overview

    This well-maintained duplex offers two separate 2-bedroom, 2-bathroom units, each with indoor laundry hookup. The property includes two addresses, 2021 and 2023 Buckeye Rd NE, with approximately 1,070 square feet per unit. Unit 2021 is vacant and move-in ready, while Unit 2023 is occupied by a tenant whose lease has been renewed for another full year.

    The duplex sits on a fenced corner lot, with no HOA fees or restrictions. According to the provided information, the roof was replaced in 2018. The currently occupied unit is stated to be paying $1,300 per month after the renewal.

    For buyers seeking an income-producing setup, the property provides immediate rental occupancy in one unit while the second unit can be leased once ready. The listing also notes rent expectations for comparable renovated units in the $1,400 to $1,500 range, supporting flexibility for lease updates as future terms are set. With a straightforward two-unit configuration and in-place laundry convenience, the duplex is designed for practical owner-operator or investor use.

    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 $34.7k $16.20
    − Vacancy −$2.3k −$1.05
    EGI $32.5k $15.15
    − OpEx −$9.7k −$4.54
    NOI $22.7k $10.60
    2,144 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $324.8K
    $284.2K – $378.9K (±1% cap)
    NOI $22,733 @ 7.0% cap · market cap 6.71%
    Second Best
    Apartment 5plus
    $290.1K
    $253.9K – $338.5K (±1% cap)
    NOI $20,308 @ 7.0% cap · market cap 5.99%
    Theoretical Best
    Office A
    $515.2K
    $450.8K – $601.1K (±1% cap)
    NOI $36,066 @ 7.0% cap · market cap 10.64%
    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 Hair Salon Nail Salon Daycare Center Auto Repair Shop Big Box & Wholesale Store HVAC Service Hotel & Motel Bakery

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

    Location Insight

    • Map
    • Local Demand
    City
    Winter Haven
    County
    Polk
    State
    Florida
    Longitude
    -81.696565
    Latitude
    28.03924

    FAQs

    What type of property is this?
    Duplex - Well-maintained two-unit duplex with indoor laundry hookups on a fenced corner lot and no HOA.
    Where is this duplex located?
    The property is located at 2021 BUCKEYE ROAD NE Winter Haven, FL.
    What is the asking price?
    The asking price for this property is $339,000.
    What are key features of this property?
    This property features: Income‑producing duplex on a fenced corner lot with no HOA fees or restrictions; Two 2‑bedroom, 2‑bath units (1,070 SF each) at 2021/2023 Buckeye Rd NE; Unit 2023 occupied with a tenant lease renewed for another full year at $1,300/month
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message