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Tenant-Occupied Duplex with Garage
For Sale
$230,000

625 AVENUE B SW, Winter Haven, FL 33880

Residential, WINTER HAVEN, FL

Property Size1,240 SF
Lot Size0.15 Acres
Price / SF$185.48
Days on Market49

Property Features for 625 AVENUE B SW

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning BR
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Laundry Room, Dining Room, Bathroom 2, Bathroom 1, Laundry Room, Bedroom 2
Subdivision WINTER HAVEN
Elementary school Lake Shipp Elem
Middle school Denison Middle
High school Winter Haven Senior
Directions From US Highway 17, turn west onto Avenue B SW. Continue approximately 0.6 miles; the property at 625 Avenue B SW will be on your right.
Standard status Active
APN 26-28-29-621000-055190
Size 1,240 SF
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description WINTER HAVEN DB M PG 160 TIER 5 BLK 5 LOT 19
Tax Annual Amount 2118
Legal Description WINTER HAVEN DB M PG 160 TIER 5 BLK 5 LOT 19

Utilities

Sewer type Public Sewer
Heating system Ductless (Heating)
Cooling system Window Unit(s), Wall/Window Unit(s)
Water source Public

Building Details

Year built 1915
Floors in Building 1
Flooring type Vinyl
Building materials Frame
Roof type Shingle
Listing Agency: REAL BROKER, LLC
Listed By: Luis Lozano Padierna
Added: Sep 3 Changed: Oct 21 Last Checked: Oct 21 at 1:06PM
MLS# O6439202

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 tenant-occupied duplex contains two residential units, each with one bedroom and one full bathroom, within approximately 1,240 square feet of total living space. Built in 1915, the frame property includes a one-car garage, vinyl flooring, a shingle roof, a laundry room, and a dining room. Heating is provided by ductless equipment, with window and wall/window cooling units.

The property occupies 0.15 acres in Winter Haven and is served by public water and public sewer. Its setting provides proximity to Downtown Winter Haven, shopping, restaurants, schools, medical facilities, and major roadways. Zoning is BR.

Key Highlights

  • Two‑unit duplex with one bedroom and one full bathroom per unit
  • Approximately 1,240 square feet of total living space
  • Built in 1915 on a 0.15‑acre lot

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 (±1% cap)
NOI $13,148 @ 7.0% cap · market cap 5.72%
Second Best
Apartment 5plus
$167.8K
$146.8K – $195.8K (±1% cap)
NOI $11,745 @ 7.0% cap · market cap 5.11%
Theoretical Best
Office A
$298.0K
$260.7K – $347.7K (±1% cap)
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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two-unit residential property with public water and sewer service in Winter Haven.
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; Built in 1915 on a 0.15‑acre lot
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