$275,000
Off-Market Date: 02/26/20261201 5th Street NE Winter Haven, FL 33881
Pending MLS# L4959458
4 beds 3 baths 2,040 sq ft Multi-family
Details for 1201 5th Street NE
MLS# L4959458
Description for 1201 5th Street NE, Winter Haven, FL, 33881
Under contract-accepting backup offers. Well-maintained income property featuring a 3-bedroom / 2-bath main residence plus a detached 1-bedroom / 1-bath unit with private entrance. The property has been operated as a rental by the current owner and offers immediate income with upside potential. The main home features fresh interior paint, durable tile flooring throughout, a large indoor laundry/storage area, and recent upgrades including a newer roof, energy-efficient windows, updated flooring, and new plumbing fixtures (including a newly installed bathtub). Current annual gross income is $28,440 ($2,370/month), with estimated annual market rent of $31,200. Annual net income is approximately $21,312, based on projected 12 months of rent. Monthly operating expenses average approximately $594, including: Property taxes: ~$2,130 annually Insurance: ~$2,600 annually Typical repairs: ~$200/month Water paid by landlord and reimbursed by tenant Tenants pay electricity and trash collection, and handle lawn care. Lease terms are gross with a current 12-month lease in place. Ideally located less than five minutes from Polk State College, Winter Haven Hospital, Publix, and numerous restaurants and services - offering strong rental demand and convenient access to major roadways. Buyers are encouraged to independently verify zoning, unit count, and intended use with local authorities. Excellent opportunity for investors seeking a stabilized duplex with future rent growth potential in a desirable Winter Haven location.
Listing Information
Property Type: Residential, Duplex
Status: Pending
Bedrooms: 4
Bathrooms: 3
Lot Size: 0.21 Acres
Square Feet: 2,040 sq ft
Year Built: 1945
Stories: 1 Story
Construction: Block,Stucco
Subdivision: Silvercrest Add
Foundation: Block
Number Of Units Total: 2
County: Polk
School Information
Elementary: Garden Grove Elem
Middle: Denison Middle
High: Winter Haven Senior
Additonal Room Information
Laundry: Washer Hookup, Electric Dryer Hookup
Interior Features
Appliances: Range Hood, Range, Refrigerator, Freezer
Flooring: Luxury Vinyl
Additional Interior Features: Other
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: Electricity Connected,Sewer Connected
Cooling: Central Air
Heating: Central
Exterior / Lot Features
Roof: Shingle
Lot Dimensions: 60x144
Additional Exterior/Lot Features: Other
Unit Information
Unit 1 Units Total: 1
Unit 1 Actual Rent: 800
Unit 1 Baths Total: 1
Unit 1 Beds Total: 1
Unit 2 Units Total: 1
Unit 2 Actual Rent: 1570
Unit 2 Baths Total: 2
Unit 2 Beds Total: 3
Driving Directions
From the Polk Parkway (FL-570), take the exit for US-17 North toward Winter Haven. Continue north on US-17 for approximately 3 miles. Turn right onto Havendale Boulevard. Drive east on Havendale Boulevard for about ½ mile. Turn left onto 5th Street NE. Continue north on 5th Street NE — 1201 5th St NE will be on your right.
Financial Considerations
Terms: Cash,Conventional,FHA,USDA Loan,VA Loan
Tenant Pays: Electricity,Trash Collection
Gross Income: 28440
Tax/Property ID: 26-28-21-584100-011060
Tax Amount: 2217.62
Tax Year: 2025
A broker reciprocity listing courtesy: BTW PROPERTIES OF LAKELAND
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Copyright 2026 Stellar MLS as distributed by the MLS GRID. All Rights Reserved.
Sales History & Tax Summary for 1201 5th Street NE
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 1201 5th Street NE
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
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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