514 Avenue C NE is a 1930-built home in Coker A B Add, Winter Haven. Inside you'll find 9 bedrooms, 6 bathrooms, and 3,196 square feet of living space. Listed at $579,000 (about $181/sqft), 185 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
Virtually Staged. Rare opportunity to own a 5-unit multifamily investment property situated on an oversized lot in the rapidly growing and expanding City of Winter Haven. The property consists of three separate buildings, providing flexibility, privacy, and multiple income streams. Currently, three units are leased with one vacant unit available for immediate occupancy or additional rental income potential , air b n b options as well . Recent renovations and updates completed within the past year include a new metal roof, updated HVAC systems, and numerous interior and exterior improvements, helping minimize deferred maintenance and enhance long-term value. Located near shopping, restaurants, schools, medical facilities, and major roadways, this property is positioned in one of Central Florida's strongest and fastest-growing rental markets. The versatile layout presents numerous possibilities for investors seeking cash flow, portfolio expansion, house-hacking opportunities, or potential short-term rental and Airbnb use, subject to local regulations and buyer verification. With strong income potential, multiple buildings, recent capital improvements, and a prime Winter Haven location near attractions, employment centers, and everyday conveniences, this is a unique opportunity to acquire a well-maintained multifamily asset with both immediate income and future upside.
Elementary
Fred G. Garnier Elem
Middle
Denison Middle
High
Winter Haven Senior
Districts can re-zone, so verify directly with the district before relying on these.
Annual Tax (2025)
$3,335
Parcel #
26-28-28-596500-004030
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Subdivision
Coker A B Add
County
Polk
MLS Area
33881 - Winter Haven / Florence Villa
Lot Size
11,204 sqft
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