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Property Description
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!
Full Property Details
Full Property Details for 517 Oak St
General
- Price: $389,900
- Taxes: $3,322 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: O6422400
- Updated: Today (7/5/2026)
- Added to Site: Today
Rental Information
- Min. Lease: 1-7 Days
Interior
- Number of Rooms: 3
- Interior Features: Ceiling Fan(s)
- Appliances: Cooktop, Microwave, Range, Refrigerator
- Furnishings: Unfurnished
- Flooring: Luxury Vinyl
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 5
Exterior
- Exterior Features: None
Parking
- Carports: Yes
- Carport: 4
- Carport Spaces: 4
- Covered Spaces: 4
Location
- Area: 33823 - Auburndale
- County: Polk
- Development Name: 33823 - Auburndale
- Subdivision: AUBURNDALE HEIGHTS
- Driving Directions: 6th ST NW (Hwy 17 N), left on Havendale Blvd (544) to Magnolia. Make left on Oak, house on left.
- Direction Faces: East
Community
- Community Name: 33823 - Auburndale
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: BB/HS Internet Available, Cable TV Available, Electricity Available
Structural Information
- Exterior Const.: Stucco, Wood Frame
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 2,159
- Sq. Ft. Source: Owner
- Year Built: 1930
Lot Features
- Lot Size (Acres): 0.19
- Lot Size (Sq. Ft.): 8,111
- Lot Size: 8111
- Lot Dimensions: 57 x 143
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $3,322.4
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: AUBURNDALE HGTS PB 2 PG 13 BLK 17 LOT 14
- Flood Zone Info: X
- APN: 252811336500017140
- Property ID: 252811336500017140
- Block/Lot/Section: 17
Listed by Iad Real Estate
Get Pre-Approved Today
Schools
Schools serving 517 Oak St
School District:Polk County School District
| Name | Grades | Distance |
|---|---|---|
Auburndale Central Elementary School 320 Lemon Street, Auburndale, FL 33823 | PK-5 | 0.2 mi |
Auburndale Senior High School 1 Bloodhound Trail, Auburndale, FL 33823 | 9-12 | 1 mi |
Jere L. Stambaugh Middle School 226 Main Street, Auburndale, FL 33823 | 6-8 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 517 Oak St
Date
Details
Price
Change
Source
7/05/2026
Listed
$389,900
55.96%
MLS
5/20/2022
Sold
$250,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 517 Oak St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,322
3%
$203,088
-2%
2024
$3,215
12%
$207,714
20%
2023
$2,872
458%
$173,568
180%
2021
$515
2%
$61,996
-2%
2022
$503
-2%
$63,076
34%
2021
$515
38%
$47,066
2%
2019
$373
-28%
$46,008
44%
2017
$520
—
$31,998
10%
2017
$520
-5%
$29,089
-5%
2016
$545
3%
$30,659
7%
2015
$530
7%
$28,564
7%
2014
$497
9%
$26,595
12%
2013
$457
—
$23,704
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 517 Oak St
517 Oak Street, Auburndale, FL 33823 (MLS# O6422400) is a Single Family property with 5 bedrooms and 4 full bathrooms. 517 Oak Street is currently listed for $389,900 and was received on July 05, 2026. Want to learn more about 517 Oak Street? Do you have questions about finding other Single Family real estate for sale in Auburndale? You can browse all Auburndale real estate or contact a Coldwell Banker agent to request more information.

