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

625 AVENUE B SW, Winter Haven, FL 33880

Residential Income, 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 4
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 3, Bedroom 1, Bedroom 2, Bathroom 2, Bathroom 3, Bedroom 4, Bathroom 1, Bathroom 4
Subdivision WINTER HAVEN
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

Additional Details

Tenant in Place Yes

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

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

Building Details

Year built 1915
Building materials Frame
Roof type Shingle
Buildings 1
Listing Agency: REAL BROKER, LLC
Listed By: Luis Lozano Padierna · License #3447439
Added: Sep 16 Changed: Oct 29 Last Checked: Nov 3 at 11:06AM
MLS# O6439576

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.

Rey
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Investment Insights

Based on property information with market context.

This tenant-occupied duplex contains two residential units within approximately 1,240 square feet of total living space. The property was built in 1915 and includes a one-car garage, frame construction, a shingle roof, ductless heating, and wall or window cooling units. Public water and public sewer serve the property, with cable available.

Set on 0.15 acres in Winter Haven, the property is located near Downtown Winter Haven, shopping, restaurants, schools, medical facilities, and major roadways. Zoning is BR. The existing two-unit configuration and tenant occupancy provide a defined residential income property profile for an owner seeking a duplex asset.

Key Highlights

  • Two tenant‑occupied residential units
  • Approximately 1,240 square feet of total living space
  • One‑car garage included

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

Who owns this building? See the owner, sales and loan history
Open Analytics

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 residential units offer an existing income-producing 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 tenant‑occupied residential units; Approximately 1,240 square feet of total living space; One‑car garage included
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