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517 OAK STREET

For Sale
$319,900

BTC: 4.99843750

ETH: 168.13480217

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

Overview

TURNKEY DUPLEX INVESTMENT OPPORTUNITY • FULLY LEASED • $2,900/MONTH CURRENT GROSS RENTAL INCOME • APPROX. $80,000 IN IMPROVEMENTS • SELLER MOTIVATED! Income-producing property in Auburndale featuring two separate residences/living spaces, both currently tenant-occupied. 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, providing combined current gross rental income of $2,900/month ($34,800 annually). The owner reports approximately $80,000 in renovations and improvements, offering an attractive opportunity for investors seeking an established rental property with existing rental income. Property is being sold subject to applicable existing lease terms. Conveniently located with access to I-4, Lakeland, Winter Haven, Orlando, and Tampa, as well as nearby shopping, dining, schools, medical facilities, and other area amenities. SELLER MOTIVATED! Property and lease information available upon request. A bank-funded homeownership/lease-purchase program may also be available to qualified applicants through a third-party lender/program provider. The program may allow recent bank statements to be considered as part of income documentation, subject to program guidelines, underwriting, eligibility requirements, and approval. Ask for details. Buyer and buyer's agents are encouraged to independently verify property use/classification, zoning, measurements, rental and lease information, program eligibility, and all other information deemed important. 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
+79.6% vs. city median $187
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

    • 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
Talk to the advisor on this listing.
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