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602 AVENUE F NE, Winter Haven, FL, 33881 | $299,999
**FINAL PRICE REDUCTION!!!** LAKEFRONT DUPLEX on gorgeous LAKE MARTHA. Prime Investment or Multi-Generational Living! Very Rare opportunity to own a lakefront duplex in the heart of Winter Haven, nestled on the shores of Lake Martha! This income-producing property features two identical 2BR/1BA units (except left side has a big garage), offering breathtaking water views, private entrances, and endless possibilities for investors, homeowners, or those seeking a dual-living arrangement. Property needs some TLC, but great bones!! 1955 concrete block construction. **NOTE: Confirmed with city of Winter Haven and will provide email chain: 1) A 75 ft. long dock is allowed (1, 000 SF max); 2) Can be converted into single family home. ** Great location! Only 3 blocks to Polk State College, 8 blocks to WH Hospital and less than 1 mile to downtown Winter Haven's great restaurants, shopping, parks, comedy club, bars and the chain of lakes. Each side of duplex is a 2 bedroom / 1 bath unit (800 sq. ft. = 1, 600 sq. ft TOTAL) on huge 0. 33 acre lot. Enjoy fishing, kayaking or simply relaxing by the water with stunning views of Lake Martha. Lots of options: Live in one, rent out the other or lease both for consistent cash flow. OR, convert it into a single family home. A nice dock on the lake is ideal for entertaining or enjoying peaceful sunsets. This duplex is a fantastic investment opportunity with immediate rental potential or a dreamy lakefront home for an owner-occupant. Don't miss your chance to own a slice of paradise in Winter Haven! One side is vacant, one side has a very nice tenant ($1025/mo rent) whose lease expires 9/30/25.
Features
- Units: 2
- Laundry: None
- Year Built: 1955
- Garage: Off Street, On Street
- Heating: None
- Cooling: None
- Approx Sq. Feet: 1,621
- Acreage: 0.33
- Est. Taxes: $3,579
- Appliances: Dryer, Electric Water Heater, Range, Range Hood, Refrigerator, Washer
- MLS#: TB8356975
- Days on Market: 59 days
- Website: https://www.raveis.com
/prop/TB8356975/602avenuefne_winterhaven_fl?source=qrflyer
Listing courtesy of JACK KELLER INC Phone: 727-586-1497
William Raveis Family of Services
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Customer Service
888.699.8876
Contact@raveis.com
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To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
602 AVENUE F NE, Winter Haven, FL, 33881
$299,999
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $239,999 | $239,999 | $239,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.500% | 6.990% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.095% | 7.141% | 6.152% |
| Monthly Tax Payment | $298 | $298 | $298 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,517 | $1,595 | $2,009 |
| Total Monthly Payment | $1,890 | $1,968 | $2,382 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388