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  • 517 OAK ST, AUBURNDALE, FL - MLS# O6422402

    517 OAK ST
    $389,900      
    6 br , 4 Car
    Apartment

517 OAK ST,  AUBURNDALE, FL 33823

MLS# O6422400.  5 beds.  4.0 baths.  Half Duplex.  Active

$3,322 in taxes (2025)

$389,900

 

Remarks:

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!

Quick Info:

  • Listing is courtesy Of: IAD REAL ESTATE ((407-720-0020))
  • Listing Agent: Merly Esgro ((689-316-3237))
  • Days on yellowkey: 1
  • Property Type: Half Duplex
  • Beds: 5
  • Baths: 4.0
  • Living Area Square Feet: 2159
  • Built 1930
  • Taxes: $3,322 (2025)
  • Garage Spaces: ()
  • Square Feet: 2159
  • Fees: $0
  • Polk County
  • Terms: Cash, Conventional, Lease Purchase, Private Financing Available, VA Loan
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  • Subdivision Name: AUBURNDALE HEIGHTS
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History:

DateListing TypeDays on yellowkeyMLS#EventPrice% Chg$/sqftSource
7/5/2026Sale0O6422402listed for sale$389,900-MLS
7/5/2026Sale0O6422400listed for sale$389,900-180.5928MLS
7/4/2026Rent7O6418699Back on yellowkey$1,400-1.5053MLS
6/26/2026Rent0O6418699listed for rent$1,400-1.5053MLS




Data is updated at least once a week by Sunday nights. Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available. The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. Data can be retrieved from any one of the following MLS’s: Greater Fort Lauderdale REALTORS®, Space Coast Association of REALTORS®, My Florida Regional MLS, Florida Gulf Coast MLS, "©2024 Northeast Florida Multiple Listing Service, Inc. All rights reserved." The properties displayed may not be all of the properties in the MLS’s database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker’s logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors® and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.