9 days on rocket

724 W Central Ave, Winter Haven, FL, 33880

$599,000

Home List Price

$7,113*

Closing Credit

2 Bedrooms
3 Baths
3,015 SqFt
$199/SqFt
Multi
Schools Nearby

Location

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724 W Central Ave, Winter Haven$599,000

Buyer Closing Credits

$7,113*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1930
HeatingCentral, Window Unit(s)
CoolingWall/Window Unit(s)
MLS #O6197259
Lot Size0.21 Acres
StatusActive

About 724 W Central Ave

One or more photo(s) has been virtually staged. Introducing your next lucrative investment opportunity nestled near the serene shores of Lake Howard! This sprawling property boasts a substantial 3015 sq ft of living space, thoughtfully divided into 5 rental units. With 5 bedrooms in total, each unit offers comfortable accommodation and ample space to call home. Situated on an expansive lot spanning 8943 sq ft, this turn-key investment promises not only substantial rental income but also potential for future development or enhancements. Whether you're an experienced investor or just stepping into the world of real estate, this multi-family 5plex offers an ideal platform for generating passive income and building long-term wealth. Conveniently located near Lake Howard, residents will enjoy easy access to recreational activities, picturesque views, and a tranquil atmosphere. Don't miss out on this exceptional opportunity to secure your foothold in the thriving rental market. Take advantage of this turn-key investment and start reaping the rewards of passive income today!

Property Details

Property Features

Property Information:

  • Year Built: 1930
  • Living Area: 3,015 SqFt

Listing Office:

  • Office Name: COMPASS FLORIDA, LLC
  • Listing Agent: Miraya Lane

Interior Features

Interior Information:

  • Interior: Other

Bedroom and Bathroom Information:

  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Private Mailbox, Sidewalk

Lot Features

Lot Information:

  • Lot Size: 0.21 Acres

Utilities

Utilities Information:

  • Heating: Central, Window Unit(s)
  • Cooling: Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • Winter Haven Senior High School, Public District Grades 9-12
  • Denison Middle School, Public District Grades 6-8
  • Rosabelle W. Blake Academy, Public District Grades PK-8
  • Davenport School of The Arts, Public District Grades PK-8
  • Lake Shipp Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Turn right onto Ave D NW, Turn left onto N Lake Howard Dr. Turn left onto W Central Ave, Turn right onto 8th St SW, Turn left, Property is on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $599,000
  • Price Per SqFt: $199/SqFt

Tax Information:

  • Annual Amount: $1,688
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Winter Haven, FL.

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Winter Haven, FL

City

Med. Sold Price

$300.1K

Med. Price/SqFt

$176

Avg. Days On Market

46

# of Sold Homes

163

724 W Central Ave vs Winter Haven

9 DAYS ON ROCKET

-37 Days

$599,000

+$298.8K More

$199/SqFt

+$22 More

KEY TAKEAWAY

This property is $298.8K more than the Median Sold Price and $22/SqFt more than other homes in Winter Haven, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #O6197259

Listing Office:

  • Office Name: COMPASS FLORIDA, LLC
  • Listing Agent: Miraya Lane

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/3/2024, 11:49:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 18, 2014Home Sold
$96,500
Apr 29, 2005Home Sold
$141,500
Dec 09, 1997Home Sold
$53,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,688$83,145
2018$1,711$88,332
2017$1,711$86,347

History based on county public records data.

Payment Calculator

$3,057

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,862

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5755704
2
/10

  • Lake Shipp Elementary School

  • 250 Camellia Dr

  • 1.93 miles

  • Public District Grades PK-5

Middle School

school-card-donut-5755705
3
/10

  • Denison Middle School

  • 400 Avenue A SE

  • 0.92 miles

  • Public District Grades 6-8

school-card-donut-5755706
3
/10

  • Rosabelle W. Blake Academy

  • 510 Hartsell Ave

  • 14.06 miles

  • Public District Grades PK-8

school-card-donut-5755707
8
/10

  • Davenport School of The Arts

  • 4751 County Road 547 N

  • 16.96 miles

  • Public District Grades PK-8

High School

school-card-donut-5755708
2
/10

  • Winter Haven Senior High School

  • 600 6th St SE

  • 1.27 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $20,214. The majority of Winter Haven, FL residents have income less than $35k annually. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Polk County›Winter Haven›33880›724 W Central Ave

This home is located at 724 W Central Ave in Winter Haven, FL and zip code 33880. This 3,015 square foot home, which was built in 1930, sits on a 0.21 acre lot. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 24, 2024 and is currently priced at $599,000.

While more than 27 listings in Winter Haven, FL in April 2024 were sold above asking price, there were more than 56 listings sold at asking price, and more than 80 were sold below. The number of listings in Winter Haven, FL increased by 2.8% between March 2024 and April 2024. While the average time on the market in April 2024 was 46 days, the median list price was $300,174.

From Rocket Homes Real Estate and based on county public records data.

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