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$240,000
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Property Description
PRICE REDUCTION!!! MOTIVATED SELLER!!! Discover this exceptional income-producing property perfectly situated on a spacious 0.48-acre lot in the heart of Winter Haven. This versatile property features two separate living spaces, one currently rented-providing immediate income and excellent long-term investment potential. The main home which is now vacant and ready for it's new owners or tenants offers 3 bedrooms and 2 bathrooms, including a generous master suite with an en-suite bath. The open and functional layout makes it ideal for families or long-term tenants. Attached to the main residence is a 484 sq. ft. in-law suite currently rented, complete with a full kitchen, bedroom, bathroom, and private entrance. This flexible space can serve as an additional rental unit, private guest quarters, or be seamlessly integrated into the main living area for multi-generational living. This home was recently appraised above the asking price, giving buyers instant equity and outstanding value. Whether you're an investor seeking steady cash flow or a homeowner looking for flexibility, this property is a rare find. Take advantage of strong rental demand, potential appreciation, and the benefits of owning in one of Florida's fastest-growing counties, consistently rated among the best places to live. Don't miss your chance to own this unique multi-unit property-schedule your private showing today!
Full Property Details
Full Property Details for 5580 State Road 542 W
General
- Price: $240,000
- Taxes: $1,740 (2024)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: A4671922
- Updated: 12/21/2025
- Added to Site: 66 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 3
- Interior Features: Primary Bedroom Main Floor, Thermostat, Walk-In Closet(s)
- Appliances: Dryer, Electric Water Heater, Freezer, Range, Refrigerator, Washer
- Flooring: Linoleum, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Inside
Exterior
- Exterior Features: Other
Parking
- Parking Features: Driveway
Location
- Area: 33880 - Winter Haven/Eloise/JPV/Wahnetta
- County: Polk
- Development Name: 33880 - Winter Haven/Eloise/JPV/Wahnetta
- Subdivision: JAN PHYL VILLAGE
- Driving Directions: The property is on the northwest border of the Auburndale Speedway on the south side of K-Ville Ave.
- Direction Faces: North
Community
- Community Name: 33880 - Winter Haven/Eloise/JPV/Wahnetta
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: BB/HS Internet Available, Cable TV Available, Electricity Available, Fire Hydrant, Other, Phone Available
Structural Information
- Exterior Const.: HardiPlank Type
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 2,174
- Sq. Ft. Source: Owner
- Year Built: 1952
Lot Features
- Lot Size (Acres): 0.48
- Lot Size (Sq. Ft.): 20,909
- Lot Size: 20909
- Street/Road Desc.: Paved
Financial Considerations
- Tax Amount: $1,740
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: BEG NE COR OF NW1/4 OF SW1/4 RUN W 145 FT S 160 FT E 145 FT N TO POB LESS RD R/W
- Flood Zone Info: X
- APN: 252823000000043030
- Property ID: 252823000000043030
Listed by Bright Realty
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Schools
Schools serving 5580 State Road 542 W
School District:Polk County School District
| Name | Grades | Distance |
|---|---|---|
Clarence Boswell Elementary School 2820 K-Ville Avenue, Auburndale, FL 33823 | PK-5 | 1 mi |
Auburndale Senior High School 1 Bloodhound Trail, Auburndale, FL 33823 | 9-12 | 3.7 mi |
Jere L. Stambaugh Middle School 226 Main Street, Auburndale, FL 33823 | 6-8 | 3.6 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 5580 State Road 542 W
Date
Details
Price
Change
Source
12/21/2025
Price Reduced
$240,000
-2.04%
MLS
12/11/2025
Price Reduced
$245,000
-2%
MLS
12/03/2025
Price Reduced
$250,000
-12.28%
MLS
11/12/2025
Listed
$285,000
-4.97%
MLS
2/16/2024
Sold
$299,900
—
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 5580 State Road 542 W
Year
Property Taxes
Change
Tax Assessment
Change
2024
$13,790
-4%
$86,709
-36%
2023
$14,414
2%
$136,045
6%
2021
$14,128
-5%
$128,236
-3%
2022
$14,808
5%
$132,083
4%
2021
$14,128
813%
$126,605
4%
2017
$1,548
—
$121,940
2%
2017
$1,548
-4%
$119,432
-3%
2019
$1,616
44%
$123,759
137%
2016
$1,121
-9%
$52,234
-10%
2015
$1,232
16%
$58,292
-33%
2014
$1,058
11%
$86,624
-2%
2013
$950
—
$88,194
—
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 5580 State Road 542 W
5580 State Road 542 W, Winter Haven, FL 33880 (MLS# A4671922) is a Single Family property with 4 bedrooms and 3 full bathrooms. 5580 State Road 542 W is currently listed for $240,000 and was received on November 12, 2025. Want to learn more about 5580 State Road 542 W? Do you have questions about finding other Single Family 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.

