5580 STATE ROAD 542 W

$235,000

$108/sq ft

$50,000
Price Decreased

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Overview

Bedroom

4

Bath

3

Year Built

1952

Sqft

2174

Property Type

Single Family Residence

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!

Property Details

MLS#

A4671922

Address

5580 STATE ROAD 542

City

Winter Haven

State/county

FL

Zip/Postal Code

33880

Area

Jan Phyl Village

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$1,740

Maint Fee

$--

Tax Year

2024

Dryer

Electric Water Heater

Freezer

Range

Refrigerator

Washer

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Boris Gelfand