Tenant-Occupied Duplex with
For Sale
$230,000
625 AVENUE B SW, Winter Haven, FL 33880
Two residential units offer a compact rental configuration with public water and sewer service.
Property Size1,240 SF
Price / SF$185.48
Days on Market58
Property Features for 625 AVENUE B SW
General Information
Standard status
Active
Size
1,240 SF
Total Parking Spaces
1
Property subtype
Half Duplex
Units
Unit Mix
2 x 1BR/1BA
Multifamily Units
2
Additional Details
Utilities to Site
Yes
Building Details
Year Built
1915
Listing Agency:
REAL BROKER, LLC
(855) 450-0442
Listed By:
Luis Lozano Padierna · License #3447439
(407) 649-0229
Source:
Dennisrealty
Added: Sep 3
Changed: Oct 29
Last Checked: Oct 28 at 8:37AM
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 REAL BROKER, LLC
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Investment Insights
Based on property information with market context.
This tenant-occupied duplex contains two residential units, each arranged with one bedroom and one full bathroom. The property provides approximately 1,240 square feet of total living area, along with a one-car garage. Built in 1915, the building is connected to public water and sewer systems.
Located at 625 Avenue B SW in Winter Haven, the property is near Downtown Winter Haven, shopping, restaurants, schools, medical facilities, and major roadways. Its two-unit layout and existing occupancy provide a clearly defined residential income-property format.
Located at 625 Avenue B SW in Winter Haven, the property is near Downtown Winter Haven, shopping, restaurants, schools, medical facilities, and major roadways. Its two-unit layout and existing occupancy provide a clearly defined residential income-property format.
Key Highlights
- Two‑unit duplex with one bedroom and one full bathroom per unit
- Approximately 1,240 square feet of total living space
- Tenant occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,148
Cap Rate
5.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$262,960
$263.0K
Cap Rate 7%
$187,829
$187.8K
Cap Rate 9%
$146,089
$146.1K
Market Conditions
NOI Build-Up for 1,240 SF
Gross rent
$20.1K $16.20/SF
− Vacancy
−$1.3K −$1.05/SF
EGI
$18.8K $15.15/SF
− OpEx
−$5.6K −$4.54/SF
NOI
$13.1K $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%
$262,960
Cap Rate 7%
$187,829
Cap Rate 9%
$146,089
Alternative Uses
Best Use
Multifamily LT 5
$187.8K
$164.4K – $219.1K
NOI $13,148 @ 7.0% cap · market cap 5.72%
Second Best
Apartment 5plus
$167.8K
$146.8K – $195.8K
NOI $11,745 @ 7.0% cap · market cap 5.11%
Theoretical Best
Office A
$298.0K
$260.7K – $347.7K
NOI $20,859 @ 7.0% cap · market cap 9.07%
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
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,398
Businesses Nearby
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Business Placement
Demographics for 33880, FL
42,005
Population
17,055
Households
2.5
Avg Household Size
38
Median Age
17%
College-Educated
84%
High-School Grad
32.4 sq mi
ZIP Area
1,296
Density / Sq Mi
$56,803
Median Household Income
$35,051
Median Earnings
$1,128
Median Rent
$200,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer a compact rental configuration with public water and sewer service.
Where is this duplex located?
The property is located at 625 AVENUE B SW Winter Haven, FL.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: Two‑unit duplex with one bedroom and one full bathroom per unit; Approximately 1,240 square feet of total living space; Tenant occupied
