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Five-Building Multifamily Portfolio
For Sale
$2,600,000

2300 Cannon Terrace, Winter Haven, FL 33881

Five apartment buildings totaling 17 units with 2 bed/2 bath layouts, all currently leased for steady rental income.

Property Size900 SF
Price / SF$2,888
Days on Market187

Property Features for 2300 Cannon Terrace

General Information

Standard status Active
Size 900 SF
Property subtype Multi-Family

Taxes and HOA fees

Annual Taxes $27,659

Amenities

Central Air
3

Building Details

Year Built 1979
Listing Agency: COLDWELL BANKER REALTY
Listed By: Irene Bryan · License #3053638
Source: Xome
Added: Feb 5 Changed: Aug 8 Last Checked: Aug 10 at 3:22AM

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 COLDWELL BANKER REALTY

Investment Insights

Based on property information with market context.

This income-producing multifamily property includes five apartment buildings totaling 17 units. Each unit is configured with two bedrooms and two bathrooms. The units are currently leased, supporting immediate rental income for a new owner.

The property is centrally located in Winter Haven, Florida, with tenants positioned near major employment centers, medical facilities, shopping, dining, and Central Florida attractions.

For investors seeking a stabilized residential income asset, this offering combines multiple building structures with consistently sized, two-bedroom, two-bath units and established occupancy.

Key Highlights

  • Five apartment buildings totaling 17 units with 2 bed/2 bath layouts
  • All units are currently leased
  • Central Air cooling

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Building Supply Pharmacy Restaurant

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

Location Intelligence

Trade Area within ½ mile

142
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

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Apartment building - Five apartment buildings totaling 17 units with 2 bed/2 bath layouts, all currently leased for steady rental income.
Where is this apartment building located?
The property is located at 2300 Cannon Terrace Winter Haven, FL.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Five apartment buildings totaling 17 units with 2 bed/2 bath layouts; All units are currently leased; Central Air cooling
More about this property
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