Two-Unit Duplex with Tile
New
For Sale
$319,999
3429 SHERRY Avenue, Winter Haven, FL 33881
Residential, WINTER HAVEN, FL
Property Size1,744 SF
Lot Size0.23 Acres
Price / SF$183.49
Days on Market2
Property Features for 3429 SHERRY Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
5
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 5, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 4, Bedroom 3, Bedroom 2
Appliances
Dishwasher, Microwave, Range, Refrigerator
Subdivision
BONNIE SHORES
Lot features
In County
Directions
Head East on US-92, Turn right onto Jersey Rd/E Valley Pike, Turn left onto Sherry Ave, home will be on left.
Standard status
Active
APN
25-28-12-339400-001050
Size
1,744 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
BONNIE SHORES SUB PB 39 PG 2 BLK A LOT 5
Tax Annual Amount
3180
Legal Description
BONNIE SHORES SUB PB 39 PG 2 BLK A LOT 5
Utilities
Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1956
Floors in Building
1
Flooring type
Tile
Building materials
Block
Roof type
Shingle
Listing Agency:
LA ROSA REALTY PRESTIGE
(863) 940-4850
Listed By:
Sandra Canales · License #3455329
(863) 205-2641
Added: Oct 29
Changed: Oct 30
Last Checked: Oct 30 at 8:06AM
MLS# L4966161
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.
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Investment Insights
Based on property information with market context.
This block duplex contains 1,744 square feet across two separate residences: one with 2 bedrooms and 1 bathroom, and another with 3 bedrooms and 1 bathroom. Tile flooring runs throughout, and both kitchens feature quartz countertops and stainless steel appliances. The property also includes a dishwasher, microwave, range, and refrigerator. Central heating and central air serve the building, which was constructed in 1956 and has a shingle roof.
Set on a 0.23-acre lot in Winter Haven, the property is within walking distance of Lake Jessie and a short drive from shopping and dining. Access to the Polk Parkway connects the area toward Tampa and Orlando. Public water and septic service are present.
Set on a 0.23-acre lot in Winter Haven, the property is within walking distance of Lake Jessie and a short drive from shopping and dining. Access to the Polk Parkway connects the area toward Tampa and Orlando. Public water and septic service are present.
Key Highlights
- Two separate residences: one with 2 bedrooms and 1 bathroom, the other with 3 bedrooms and 1 bathroom
- 1,744 square feet on a 0.23‑acre lot
- Block construction; built in 1956
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,491
Cap Rate
5.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$369,820
$369.8K
Cap Rate 7%
$264,157
$264.2K
Cap Rate 9%
$205,456
$205.5K
Market Conditions
NOI Build-Up for 1,744 SF
Gross rent
$28.3K $16.20/SF
− Vacancy
−$1.8K −$1.05/SF
EGI
$26.4K $15.15/SF
− OpEx
−$7.9K −$4.54/SF
NOI
$18.5K $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%
$369,820
Cap Rate 7%
$264,157
Cap Rate 9%
$205,456
Alternative Uses
Best Use
Multifamily LT 5
$264.2K
$231.1K – $308.2K
NOI $18,491 @ 7.0% cap · market cap 5.78%
Second Best
Apartment 5plus
$236.0K
$206.5K – $275.3K
NOI $16,519 @ 7.0% cap · market cap 5.16%
Theoretical Best
Office A
$419.1K
$366.7K – $489.0K
NOI $29,337 @ 7.0% cap · market cap 9.17%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
423
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - A two-bedroom residence and a three-bedroom residence provide distinct layouts within one property.
Where is this duplex located?
The property is located at 3429 SHERRY Avenue Winter Haven, FL.
What is the asking price?
The asking price for this property is $319,999.
What are key features of this property?
This property features: Two separate residences: one with 2 bedrooms and 1 bathroom, the other with 3 bedrooms and 1 bathroom; 1,744 square feet on a 0.23‑acre lot; Block construction; built in 1956
