Income Duplex on Corner
2097 AVENUE H NW Winter Haven, FL 33881
New
2097 AVENUE H NW, Winter Haven, FL, 33881
$315,000
For Sale
$315,000
Duplex with brand-new roof; one unit rented month-to-month and the other vacant on a corner lot.
Property Size1,758 SF
Price / SF$179.18
Days on Market4
Property Features for 2097 AVENUE H NW
General Information
- Standard status
- Active
- Size
- 1,758 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 1952
Listing Agency
KELLER WILLIAMS REALTY SMART
(863) 577-1234
Listed by
Corey Ayala · License #3592844
Source
Endlesssummerrealty
Added: Jul 15 Checked: Jul 18 at 3:22 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KELLER WILLIAMS REALTY SMART
Investment Insights
Based on property information with market context.
This income-producing duplex is located on a spacious corner lot and features a brand-new roof. The property has two units, with one currently rented on a month-to-month lease and the other unit vacant, providing flexibility for an incoming owner or tenant.
The duplex is positioned in Winter Haven with easy access to the Chain of Lakes, including Lake Howard and Lake Cannon. Downtown Winter Haven is described as about 8 minutes away, and the property also lists nearby school access, including Inwood Elementary (about 2 minutes), Westwood Middle (about 4 minutes), and Winter Haven Senior High (about 8 minutes). The location also provides quick access to major roadways for commuting throughout Polk County.
For sale as a residential income property, this duplex combines a recent exterior improvement with an operational setup that includes one occupied unit while the second is available.
The duplex is positioned in Winter Haven with easy access to the Chain of Lakes, including Lake Howard and Lake Cannon. Downtown Winter Haven is described as about 8 minutes away, and the property also lists nearby school access, including Inwood Elementary (about 2 minutes), Westwood Middle (about 4 minutes), and Winter Haven Senior High (about 8 minutes). The location also provides quick access to major roadways for commuting throughout Polk County.
For sale as a residential income property, this duplex combines a recent exterior improvement with an operational setup that includes one occupied unit while the second is available.
Key Highlights
- Income‑producing duplex on a spacious corner lot in Winter Haven
- One unit rented for $1,300 on a month‑to‑month lease; the other unit is currently vacant
- Brand‑new roof
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 | $28.5k | $16.20 |
| − Vacancy | −$1.9k | −$1.05 |
| EGI | $26.6k | $15.15 |
| − OpEx | −$8.0k | −$4.54 |
| NOI | $18.6k | $10.60 |
1,758 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$266.3K
$233.0K – $310.7K
NOI $18,640 @ 7.0% cap · market cap 5.92%
Second Best
Apartment 5plus
$237.9K
$208.2K – $277.5K
NOI $16,652 @ 7.0% cap · market cap 5.29%
Theoretical Best
Office A
$422.5K
$369.7K – $492.9K
NOI $29,572 @ 7.0% cap · market cap 9.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Duplex with brand-new roof; one unit rented month-to-month and the other vacant on a corner lot.
Where is this duplex located?
The property is located at 2097 AVENUE H NW Winter Haven, FL.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Income‑producing duplex on a spacious corner lot in Winter Haven; One unit rented for $1,300 on a month‑to‑month lease; the other unit is currently vacant; Brand‑new roof
