517 Oak Street Auburndale, FL 33823
For Sale MLS# O6422402
6 beds 5 baths 930 sq ft Multi-family
Details for 517 Oak Street
MLS# O6422402
Description for 517 Oak Street, Auburndale, FL, 33823
Turnkey Duplex Investment Opportunity Fully Leased Strong Cash Flow Auburndale, FL Exceptional income-producing duplex in the heart of Auburndale, Florida, offering immediate cash flow with both units currently leased. This turnkey multifamily property is an excellent opportunity for investors seeking stable rental income in the growing Polk County market. The property features a spacious 4-bedroom, 3-bathroom residence leased at $1,500 monthly and a well-appointed 2-bedroom, 2-bathroom residence leased at $1,400 monthly, generating $2,900 in monthly rental income ($34,800 annually). The owner has invested approximately $80,000 in renovations and improvements, enhancing the property's value while helping reduce future maintenance costs. Well maintained with dependable tenants already in place, this duplex allows the new owner to begin receiving rental income immediately after closing. Ideally located near Interstate 4, the property provides convenient access to Lakeland, Winter Haven, Orlando, and Tampa. Shopping, dining, schools, parks, medical facilities, and major employers are all just minutes away. Investment Highlights Fully leased duplex Immediate rental income Monthly rental income of $2,900 Approximately $80,000 in recent upgrades Separate living spaces with excellent rental appeal Ideal for investors seeking consistent income Strong rental market in Central Florida Convenient access to I-4, Lakeland, Winter Haven, Orlando, and Tampa Excellent addition to any real estate investment portfolio Whether you're completing a 1031 Exchange, expanding your portfolio, or purchasing your first multifamily investment, this Auburndale duplex offers an exceptional opportunity to own an established income-producing property in one of Central Florida's fastest-growing areas. Seller is motivated! Don't let the asking price stop you. This is an outstanding opportunity to own a well-maintained, income-producing property in one of Central Florida's fastest-growing markets. Schedule your private showing today!
Listing Information
Property Type: Residential, Duplex
Status: Active
Bedrooms: 6
Bathrooms: 5
Lot Size: 0.19 Acres
Square Feet: 930 sq ft
Year Built: 1930
Construction: Stucco
Subdivision: Auburndale Heights
Foundation: Slab
County: Polk
Interior Features
Additional Interior Features: Main Level Primary
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: Cable Available,Electricity Connected,High Speed Internet Available,Sewer Connected,Water Connected
Cooling: Central Air, Attic Fan
Heating: Central, Electric
Exterior / Lot Features
Roof: Shingle
Lot Dimensions: 57x143
Additional Exterior/Lot Features: Private Entrance, Fence
Unit Information
Unit 1 Units Total: 1
Unit 1 Actual Rent: 1450
Unit 1 Baths Total: 2
Unit 1 Beds Total: 2
Unit 2 Units Total: 1
Unit 2 Actual Rent: 1750
Unit 2 Baths Total: 3
Unit 2 Beds Total: 4
Driving Directions
6th ST NW (Hwy 17 N), left on Havendale Blvd (544) to Magnolia. Make left on Oak, house on left.
Financial Considerations
Terms: Cash,Conventional,Lease Purchase,Private Financing Available
Tax/Property ID: 25-28-11-336500-017140
Tax Amount: 3322.4
Tax Year: 2025
A broker reciprocity listing courtesy: IAD REAL ESTATE
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 517 Oak Street
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 517 Oak Street
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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