517 OAK STREET

$369,000

5

Beds

4

Baths

2,159 ft2

Property Size

O6422400

MLS ID#

About The Property

Turnkey Duplex Investment Opportunity | Fully Leased | Strong Cash Flow | Auburndale, FL
Exceptional income-producing duplex in the heart of Auburndale, Florida, offering immediate cash flow with both units currently leased. This turnkey multifamily property is an excellent opportunity for investors seeking stable rental income in the growing Polk County market.
The property features a spacious 4-bedroom, 3-bathroom residence leased at $1,500 monthly and a well-appointed 2-bedroom, 2-bathroom residence leased at $1,400 monthly, generating $2,900 in monthly rental income ($34,800 annually).
The owner has invested approximately $80,000 in renovations and improvements, enhancing the property’s value while helping reduce future maintenance costs. Well maintained with dependable tenants already in place, this duplex allows the new owner to begin receiving rental income immediately after closing.
Ideally located near Interstate 4, the property provides convenient access to Lakeland, Winter Haven, Orlando, and Tampa. Shopping, dining, schools, parks, medical facilities, and major employers are all just minutes away.
Investment Highlights
Fully leased duplex
Immediate rental income
Monthly rental income of $2,900
Approximately $80,000 in recent upgrades
Separate living spaces with excellent rental appeal
Ideal for investors seeking consistent income
Strong rental market in Central Florida
Convenient access to I-4, Lakeland, Winter Haven, Orlando, and Tampa
Excellent addition to any real estate investment portfolio
Whether you’re completing a 1031 Exchange, expanding your portfolio, or purchasing your first multifamily investment, this Auburndale duplex offers an exceptional opportunity to own an established income-producing property in one of Central Florida’s fastest-growing areas. Seller is motivated! Don’t let the asking price stop you. This is an outstanding opportunity to own a well-maintained, income-producing property in one of Central Florida’s fastest-growing markets. Schedule your private showing today!

Listing updated: July 23, 2026 at 02:11pm

Listed by Realtor: Merly Esgro

Listed by office:  IAD REAL ESTATE

Source: Stellar MLS

Property Details

Listing Id: O6422400
Price: $369,000
Property Size: 2,159 ft2
Property Lot Size: 0 ft2
Rooms: 3
Bedrooms: 5
Bathrooms: 4
BathroomsFull: 4
BuildingAreaTotal: 2159
CarportSpaces: 4
ConstructionMaterials: Stucco, Wood Frame
ContractStatusChangeDate: 2026-07-05
Cooling: Central Air
CoveredSpaces: 4
CumulativeDaysOnMarket: 18
DaysOnMarket: 18
DirectionFaces: East
Directions: 6th ST NW (Hwy 17 N), left on Havendale Blvd (544) to Magnolia. Make left on Oak, house on left.
Flooring: Luxury Vinyl
FoundationDetails: Slab
Furnished: Unfurnished
Heating: Central, Electric
InternetAddressDisplayYN: 1
InternetAutomatedValuationDisplayYN: 1
InternetConsumerCommentYN: 1
LaundryFeatures: None
Levels: One
List Agent AOR: Orlando Regional
List Agent Name: Merly Esgro
List Office Name: IAD REAL ESTATE
List Office Phone: 407-720-0020
ListingContractDate: 2026-07-05
ListingTerms: Cash, Conventional, Lease Purchase, Private Financing Available, VA Loan
LivingAreaSource: Owner
LivingAreaUnits: Square Feet
LotSizeArea: 8111
LotSizeDimensions: 57 x 143
LotSizeSquareFeet: 8111
LotSizeUnits: Square Feet
MLSAreaMajor: 33823 - Auburndale
MlsStatus: Active
ModificationTimestamp: July 23, 2026 at 02:11pm
OnMarketDate: 2026-07-05
OriginalEntryTimestamp: July 5, 2026 at 04:29pm
OriginalListPrice: 389900
OriginatingSystemKey: stellar
OriginatingSystemName: Stellar MLS
Ownership: Fee Simple
ParcelNumber: 252811336500017140
PhotosChangeTimestamp: July 23, 2026 at 02:03pm
PhotosCount: 27
PostalCode: 33823
PostalCodePlus4: 4235
PriceChangeTimestamp: July 23, 2026 at 02:11pm
RoadSurfaceType: Asphalt
Roof: Shingle
Sewer: Public Sewer
SourceSystemKey: 795413841
SpecialListingConditions: None
StateOrProvince: FL
StatusChangeTimestamp: July 5, 2026 at 04:29pm
StoriesTotal: 1
StreetName: OAK
StreetNumber: 517
StreetNumberNumeric: 517
StreetSuffix: STREET
TaxAnnualAmount: 3322.4
TaxBlock: 17
TaxBookNumber: 2-13
TaxLegalDescription: AUBURNDALE HGTS PB 2 PG 13 BLK 17 LOT 14
TaxLot: 14
TaxYear: 2025
Utilities: BB/HS Internet Available, Cable Available, Electricity Available
WaterSource: Public
YearBuilt: 1930
Zoning: R-3

Amenities and Features

Other Features
1
Ceiling Fan(s)
Cooktop
Has Carport
Has Cooling System
Has Heating System
Microwave
None
Range
Refrigerator

Map Location

Property Map

Mortgage Calculator

Payment Calculator

$1,891.94
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 1,430.69

Image Gallery

Similar Listings

Disclaimer

MLS # ID - O6422400

Listing information provided through the IDX program is deemed reliable but is not guaranteed accurate by Stellar MLS or the listing broker. All data is subject to errors, omissions, changes in price, prior sale, or withdrawal without notice.

The information displayed is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or renting. All measurements, square footage, and property details are approximate and should be independently verified.

Listings marked with the IDX logo are provided courtesy of Stellar MLS. © Stellar MLS. All rights reserved.

Compare Listings

Carlos Dobarro