Views
Address
240 2nd STREET SW, WINTER HAVEN, FL
Price
$ 5,500,000
Property Attributes
  • MLS#P4930806
  • TypeIncome
  • CountyPOLK
  • CityWINTER HAVEN
  • AreaWinter Haven-Eloise-JPV-Wahnetta
  • NeighborhoodDodsons Resub
  • Zip33880
  • StyleMulti Family
  • Year Built2019
  • Taxes$ 54372
  • Price$ 5,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage21745
  • Lot Size0.71 Acres
Data Source:
Stellar MLS
Property Description

Discover the Premier Investment Opportunity at 20 on Second luxury apartment community. Luxury and convenience converge to set a new standard for downtown living. This premier property offers a unique investment opportunity with its spacious one and two-bedroom units, designed to attract discerning residents seeking an urban sanctuary. Our property features generous 800 sq. ft. one-bedroom and 1200+ sq. ft. two-bedroom units, providing ample space for relaxation and entertainment. The first-floor units boast contemporary polished concrete floors and tranquil private courtyards, all units benefit from separation walls that are 28% quieter than standard building codes require, ensuring a peaceful living environment. The gourmet chef’s kitchens, equipped with premium stainless steel Italian appliances and gas cooktops, appeal to culinary enthusiasts and elevate the everyday living experience. This pet-friendly community includes a dedicated dog wash station, adding convenience for pet owners and increasing the property's appeal. Additional amenities, such as a car wash station and secure bike racks, cater to the modern urban lifestyle, ensuring vehicles and bikes are well-maintained and easily accessible. Located in the heart of downtown, 20 on Second offers residents close, convenient, walking access to vibrant dining, shopping, cultural attractions, and nightlife, making it an attractive choice for those who appreciate a walkable lifestyle. Invest in 20 on Second and capitalize on the growing demand for luxury downtown living. Schedule a tour today to see why this property stands out as the perfect investment opportunity. Listing reflects a 4.2% CAP Rate based on 2023 income with plenty of upside available.

Price History
6/17/2024 Listed $5,500,000

General Features

Interior Features Kitchen/Family Room Combo,Open Floorplan,Split Bedroom
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Public
Roof Membrane
Appliances Dishwasher,Disposal,Dryer,Microwave,Range,Refrigerator,Washer
Exterior Features Irrigation System,Lighting,Sidewalk
Zoning BR
Construction Materials Stucco
Year Built 2019
Tenant Pays Electricity
View City
Property SubType Multi Family
Tax Year 2023
Percent Ownership Fee Simple
County Polk
New Construction No
Property Type Residential Income
HOA / Comm Assn No
Subdivision Name DODSONS RESUB
Garage Y/N No
Status Active
Directions From US Highway 17 in Winter Haven head East on Avenue B SW. Go to 2nd St. SW - the property is on the corner of Ave B and 2nd St. SW.
ModificationTimestamp 2024-06-17T22:31:39.750Z
City WINTER HAVEN
Buyer Agent Compensation 2%
View Y/N Yes
Senior Community Y/N No
NumberOfUnitsTotal 20
MLS Area 33880 - Winter Haven/Eloise/JPV/Wahnetta
Lot Size Units Square Feet
Lot Size Square Feet 30928
Waterfront Y/N No
Carport Y/N No
Land Lease Y/N No
Tax Annual Amount 54372
Additional Parcels Y/N No
Virtual Tour https://www.propertypanorama.com/instaview/stellar/P4930806
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 10
Legal Description DODSONS RESUB PB 10 PG 54 LOTS 10 THRU 14
Water Access Y/N No
Water View Y/N No
Flood Zone Code X

Interior Features

Flooring Concrete,Vinyl
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Laundry Features Inside
LivingAreaSource Appraiser

Exterior Features

Parking Features Assigned
Lot Features Corner Lot,City Lot,Near Public Transit
Water Source Public
Lot Size Area 30928
Foundation Details Slab
Number of Buildings 1
Lot Size Acres 0.71
Road Surface Type Asphalt

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 33880

Price
AVG $1.19M
$5.5M
Taxes
AVG $9,868
$54,372
Visits
AVG 403
20
Data Provided by Inside Real Estate®
Year Built
AVG 1956
2019

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