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1201 5TH STREET NE, Winter Haven, FL 33881

$275,000

$135 per ft²

4 Bed

3 Bath

2,040 Sq Ft

0.21 Acres

Listing Office: BTW PROPERTIES OF LAKELAND

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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 Agent: George Waller, JR

License Number: 3592750

Offered by: BTW PROPERTIES OF LAKELAND

Office Phone: 863-944-4974

MLS: #L4959458

Stellar MLS

Date Added: 02/16/2026 12:00:00 am

Last Update: 02/17/2026 11:52:30 am

Days on Market: 2

Interior

General: Other
Appliances: Freezer, Range, Range Hood, Refrigerator
Laundry: Electric Dryer Hookup, Washer Hookup
Flooring: Luxury Vinyl
A/C: Central Air
Heating: Central

Exterior

General: Other

Construction

Roofing: Shingle
General: Block, Stucco, One, Block

Location

Road/Access: Paved
Originating MLS: Stellar MLS
County: Polk

Lot

Zoning: R-1C, SILVERCREST ADD UNIT 2 PB 22 PGS 18 & 18A BLK 11 LOT 6, 26-28-21-584100-011060

Utilities

Utilities: Electricity Connected, Sewer Connected
Water: Public
Sewer: Public Sewer

Financial

Source: Stellar MLS
Ownership: Fee Simple

Property

Year Built: 1945
Type: Duplex
Parcel #: 26-28-21-584100-011060

Schools

Elementary: Garden Grove Elem
Middle: Denison Middle
High: Winter Haven Senior

02/16/2026Off Market

01/29/2026$275,000@ 135 per ft²↓3.7114845938375%

01/08/2026Active

01/08/2026$285,600@ 140 per ft²Listed

Listing Broker

Ryan Akers

1 @ Legacy Premier Realty

License #: SL3472443

Email: flrealtorryan@gmail.com

Phone: 9413762681

Location: Cape Coral, FL

Not All Who Wonder Are Lost, Find Your Way Home With Us!

I live in Charlotte County where I also work for the Charlotte County Sheriff's Department. I moved from Virginia and played college football in Tennessee. I have lived in Florida for going on 4 years now and I have enjoyed every minute of it! My goal is to help my clients find their forever home here in beautiful SWFL. Let me go to work for you and make your home owning dreams become a marvelous reality!

First Time Home BuyerInvestment PropertyResidential HomesListing AgentBuyer Agent

Last Updated: 02/17/2026 11:52:30 am

Offered by: George Waller, JR, 3592750, 863-272-2026 @ BTW PROPERTIES OF LAKELAND

MLS: #L4959458

Source: Stellar MLS

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1201 5TH STREET NE, Winter Haven, FL 33881 is a 4 Bed, 3 Bath, 2,040 Sq Ft, 0.21 Acres, Duplex built in 1945.

This property is currently available and was listed by Stellar MLS on 02/16/2026 12:00:00 am. The MLS # for the property is MLS #L4959458.

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