725 W CENTRAL AVENUE, Winter Haven, FL 33880

Back on the market! This fantastic investment property has 2 buildings with a total of 3 units at the moment. The back building is a duplex w/ two 1BR/1BA units that are about 700 sq ft each. Both of units in the duplex have long term tenants that are on month to month rentals so there are no long terms leases. The main building in the front has 2500 sq feet & was originally constructed and used as a home, (4 bedroom, 1 full bath & 2 half bathrooms) & it could still be used as a home. However, the current owner as well as previous owners have used this building for professional office space for the past few decades & it’s great for this with all the paved parking. So there’s options for this building & it would be ideal for someone to live there and have their business operating there as well & this is a great street for that! Buyer would need to get approval from city for a business use. This main front building has been recently painted, has a beautifully remodeled kitchen, a fireplace in the living room, lots of pretty wood floors & coffered ceilings, dual zoned air conditioning w/ a fairly new unit in the upstairs area, & there’s even a basement for extra storage! The full bathroom does still need remodeled but the roof is only about 2 years old. The duplex (rear) building also has a new roof that is less than a year old & the c/h/a for the upstairs unit of the duplex is only about a year old as well. There is one water meter for the whole property but there are 3 electric meters so each unit has their own electric bill. Located right by the Central business district & just 1 block from Lk Howard, this property could even be used as an Air B & B! All measurements are approx & owner is listing agent. Expected rental amounts are not reflective of present rental income because front building is currently used by owner and tenants in duplex are currently paying below current rental rates because they have been long term tenants.