Corner Lot Duplex with Two 2BR
2021 BUCKEYE Road NE Winter Haven, FL 33881
For Sale
$339,000
MULTI_FAMILY - WINTER HAVEN, FL
Property Size2,144 SF
Lot Size0.20 Acres
Price / SF$158.12
Days on Market48
Property Features for 2021 BUCKEYE Road NE
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
4
Rooms
Bedroom 3, Bathroom 4, Bedroom 2, Bathroom 3, Bedroom 4, Bathroom 1, Bedroom 1, Bathroom 2, Dining Room
Patio and Porch features
Porch
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
Balcony, Fence, Sliding Doors
Fencing
Fenced
Appliances
Dishwasher, Electric Water Heater, Range, Range Hood, Refrigerator
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 Description
SAXON-MYERS REPLAT FIRST PHASE PB 75 PG 35 LOT 6
Tax Annual Amount
5045
Utilities
Sewer type
Public Sewer
Heating system
Heat Pump (Heating), Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1984
Floors in Building
1
Flooring type
Tile - Ceramic, Carpet, Vinyl
Building materials
Block, Stucco, Frame
Roof type
Shingle
Listing Agency:
CHARLES RUTENBERG REALTY ORLANDO
(407) 622-2122
Listed By:
Pranesh Palanisamy · License #3631933
(321) 663-2195
Added: Jun 12
Changed: Jul 22
Last Checked: Jul 29 at 7:06PM
MLS# O6415489
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 income-producing duplex is set up as two separate 2-bedroom, 2-bathroom units, each with indoor laundry hookup. The property consists of 2021 Buckeye Rd NE and 2023 Buckeye Rd NE and totals 2,144 square feet. Unit 2021 is vacant and move-in ready. Unit 2023 is currently occupied, with the tenant having renewed their lease for another full year.
The duplex sits on a fenced corner lot. The property has no HOA, and a new roof was installed in 2018.
Each unit offers the same functional layout with two bedrooms and two bathrooms, supporting straightforward occupancy and rental use.
The duplex sits on a fenced corner lot. The property has no HOA, and a new roof was installed in 2018.
Each unit offers the same functional layout with two bedrooms and two bathrooms, supporting straightforward occupancy and rental use.
Key Highlights
- Income‑producing duplex on a corner lot with no HOA
- Two 2‑bedroom, 2‑bath units, each 1,070 SF (2021 and 2023 Buckeye Rd NE)
- Unit 2023 is occupied with a tenant lease renewed at $1,300/month for another full year
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
NOI $22,733 @ 7.0% cap · market cap 6.71%
Second Best
Apartment 5plus
$290.1K
$253.9K – $338.5K
NOI $20,308 @ 7.0% cap · market cap 5.99%
Theoretical Best
Office A
$515.2K
$450.8K – $601.1K
NOI $36,066 @ 7.0% cap · market cap 10.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained duplex on a fenced corner lot with indoor laundry hookups and two 2BR, 2BA units.
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 corner lot with no HOA; Two 2‑bedroom, 2‑bath units, each 1,070 SF (2021 and 2023 Buckeye Rd NE); Unit 2023 is occupied with a tenant lease renewed at $1,300/month for another full year
