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517 OAK STREET

For Sale
$319,900

BTC: 4.06738716

ETH: 126.41770401

-$70K (2026/08/18)
69 days
3 bds
2 ba
950 sqft

Overview

AUBURNDALE INVESTMENT OPPORTUNITY • TWO SEPARATE RESIDENCES • $2,900/MONTH CURRENT GROSS RENTAL INCOME • APPROX. $80,000 IN IMPROVEMENTS • ALSO AVAILABLE FOR LEASE • SELLER MOTIVATED! Welcome to 517 Oak St, Auburndale, FL 33823, an income-producing property featuring two separate residences/living spaces and established rental income. The 4-bedroom, 3-bath residence is currently leased at $1,500/month, and the 2-bedroom, 2-bath residence is currently leased at $1,400/month, generating combined current gross rental income of $2,900/month ($34,800 annually). The owner reports approximately $80,000 in renovations and improvements, creating an attractive opportunity for investors seeking a property with existing rental income and multiple living spaces. Sale is subject to applicable existing lease terms. ADDITIONAL LEASE OPTION: Property is also offered for lease at $2,900/month, subject to existing leases, availability, lease terms, application requirements, and approval. Ask for complete lease and occupancy details. Conveniently located in Auburndale, Florida, with access to I-4, Lakeland, Winter Haven, Orlando, and Tampa, along with shopping, dining, schools, medical facilities, employment centers, and other Central Florida amenities. ALTERNATIVE HOMEOWNERSHIP OPTION: A separate bank-funded lease-to-own/homeownership program may also be available through a third-party provider for qualified applicants. Depending on program guidelines, alternative income documentation may be available, which may include recent bank statements rather than relying solely on traditional tax-return documentation. Program availability, income documentation, credit standards, required funds, occupancy requirements, property eligibility, terms, and final approval are determined solely by the participating third-party provider. This is not seller financing, and approval is not guaranteed. Ask for complete program details and qualification requirements. SELLER MOTIVATED! Property and lease information available upon request. Buyer and buyer's agent are encouraged to independently verify property use/classification, zoning, measurements, rental income, existing lease information, occupancy, program eligibility, and all other information deemed important. INVEST • LEASE • OR EXPLORE AN ALTERNATIVE PATH TO HOMEOWNERSHIP — SCHEDULE YOUR SHOWING TODAY!

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1930
Lot:
0.19 Acres
Heating:
Central / Electric
Price/sqft:
$337
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$199,900
$99K – $277K
Confidence Low
List vs. estimate
$120K above estimate
List $319,900 · +60.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$336
+80.7% vs. city median $186
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$3,322
2025
All facts and features
  • Flooring

    • Luxury Vinyl

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Cooktop

    • Microwave

    • Range

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Bathrooms: 1

    • Full bathrooms: 2

  • Property

    • Levels: One

    • Exterior Features: None

    Lot

    • Lot: 0.19 Acres

    Other Property Information

    • Parcel Number: 252811336500017140

    • Zoning: R-3

  • Type and style

    • Property Type: Residential

    • Property Sub Type: 1/2 Duplex

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Electricity Available

  • Other financial information

    • Annual tax amount: $3,322

  • Source details

    • MLS ID: O6422400

    Other facts

    • Construction Materials: Stucco / Wood Frame

    • Foundation Details: Slab

    • Laundry Features: None

    • Direction Faces: East

    • Living Area: 950

    • Water Source: Public

    • Lot Size Dimensions: 57 x 143

    • Subdivision Name: AUBURNDALE HEIGHTS

Private inquiry
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Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: IAD REAL ESTATE