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$275,000 Just Listed
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Property Description
Well-maintained income property featuring a 3-bedroom / 2-bath main residence plus a detached 1-bedroom / 1-bath unit with private entrance. The property has been operated as a rental by the current owner and offers immediate income with upside potential. The main home features fresh interior paint, durable tile flooring throughout, a large indoor laundry/storage area, and recent upgrades including a newer roof, energy-efficient windows, updated flooring, and new plumbing fixtures (including a newly installed bathtub). Current annual gross income is $28,440 ($2,370/month), with estimated annual market rent of $31,200. Annual net income is approximately $21,312, based on projected 12 months of rent. Monthly operating expenses average approximately $594, including: Property taxes: ~$2,130 annually Insurance: ~$2,600 annually Typical repairs: ~$200/month Water paid by landlord and reimbursed by tenant Tenants pay electricity and trash collection, and handle lawn care. Lease terms are gross with a current 12-month lease in place. Ideally located less than five minutes from Polk State College, Winter Haven Hospital, Publix, and numerous restaurants and services - offering strong rental demand and convenient access to major roadways. Buyers are encouraged to independently verify zoning, unit count, and intended use with local authorities. Excellent opportunity for investors seeking a stabilized duplex with future rent growth potential in a desirable Winter Haven location.
Full Property Details
Full Property Details for 1201 5th St NE
General
- Price: $275,000
- Taxes: $2,217 (2025)
- Status: Active
- Type: Duplex
- Source: MidFloridaRegionalMLS
- MLS ID: L4959458
- Updated: 2/16/2026
- Added to Site: 4 day(s) ago
Rental Information
- Lease/Rent Term: 12 Months
Interior
- Interior Features: Other
- Appliances: Freezer, Range, Range Hood, Refrigerator
- Furnishings: Unfurnished
- Flooring: Luxury Vinyl
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Electric Dryer Hookup, Washer Hookup
Exterior
- Exterior Features: Other
Parking
- Carports: Yes
- Carport: 2
- Carport Spaces: 2
- Covered Spaces: 2
Location
- Area: 33881 - Winter Haven / Florence Villa
- County: Polk
- Development Name: 33881 - Winter Haven / Florence Villa
- Subdivision: SILVERCREST ADD
- Driving Directions: From the Polk Parkway (FL-570), take the exit for US-17 North toward Winter Haven. Continue north on US-17 for approximately 3 miles. Turn right onto Havendale Boulevard. Drive east on Havendale Boulevard for about ½ mile. Turn left onto 5th Street NE. Continue north on 5th Street NE — 1201 5th St NE will be on your right.
School Information
- Elementary School: Garden Grove Elem
- Middle School: Denison Middle
- High School: Winter Haven Senior
Community
- Community Name: 33881 - Winter Haven / Florence Villa
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Sewer Connected
Structural Information
- # Buildings: 2
- Exterior Const.: Block, Stucco
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 2,040
- Sq. Ft. Source: Public Records
- Year Built: 1945
Lot Features
- Lot Size (Acres): 0.21
- Lot Size (Sq. Ft.): 9,187
- Lot Size: 9187
- Lot Dimensions: 60 x 144
- Street/Road Desc.: Paved
Financial Considerations
- Tax Amount: $2,217.62
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: SILVERCREST ADD UNIT 2 PB 22 PGS 18 & 18A BLK 11 LOT 6
- Flood Zone Info: X
- APN: 262821584100011060
- Property ID: 262821584100011060
- Block/Lot/Section: 11
Listed by Btw Properties Of Lakeland
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Schools
Schools serving 1201 5th St NE
School District:Polk County School District
| Name | Grades | Distance |
|---|---|---|
Garden Grove Elementary School 4599 Cypress Gardens Road, Winter Haven, FL 33884 | PK-5 | 4.7 mi |
Denison Middle School 400 Avenue A Southeast, Winter Haven, FL 33880 | 6-8 | 0.9 mi |
Winter Haven Senior High School 600 6th Street Southeast, Winter Haven, FL 33880 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1201 5th St NE
Date
Details
Price
Change
Source
2/16/2026
Listed
$275,000
169.61%
MLS
10/24/2018
Sold
$102,000
—
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 1201 5th St NE
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,218
7%
$140,641
3%
2024
$2,067
7%
$136,815
6%
2023
$1,928
9%
$129,410
11%
2022
$1,768
13%
$117,083
32%
2021
$1,570
11%
$88,846
16%
2020
$1,411
12%
$76,493
26%
2019
$1,256
268%
$60,570
38%
2017
$341
—
$43,772
2%
2017
$341
12%
$42,847
7%
2016
$305
1%
$40,153
1%
2015
$302
7%
$39,687
3%
2014
$283
-27%
$38,653
-11%
2013
$389
—
$43,469
—
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 1201 5th St NE
1201 5th Street NE, Winter Haven, FL 33881 (MLS# L4959458) is a Duplex property with 4 bedrooms and 0 full bathrooms. 1201 5th Street NE is currently listed for $275,000 and was received on February 16, 2026. Want to learn more about 1201 5th Street NE? Do you have questions about finding other Duplex real estate for sale in Winter Haven? You can browse all Winter Haven real estate or contact a Coldwell Banker agent to request more information.

