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For sale
  • Price cut: $5K (7/16)
    $389,900

    517 Oak St, Auburndale, FL 33823

    5beds
    2,159sqft
    : 
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    Duplex, Multi Family
    Built in 1930
    -- sqft lot
    $377,700 Zestimate®
    $181/sqft
    $-- HOA

    What's special

    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!
    13 days
    |
    274
    |
    14
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Merly Esgro 689-316-3237,

    IAD REAL ESTATE 407-720-0020

    Source: Stellar MLS,MLS#: O6422400MLS LogoOriginating MLS: Sarasota - Manatee

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      • Full bathrooms: 4
      Primary bedroom
      • Features: Built-in Closet
      • Level: First
      • Area: 168 Square Feet
      • Dimensions: 12x14
      Kitchen
      • Features: Storage Closet
      • Level: First
      • Area: 120 Square Feet
      • Dimensions: 10x12
      Living room
      • Features: No Closet
      • Level: First
      • Area: 224 Square Feet
      • Dimensions: 14x16
      Heating
      • Central, Electric
      Cooling
      • Central Air
      Appliances
      • Included: Cooktop, Microwave, Range, Refrigerator
      • Laundry: None
      Features
      • Ceiling Fan(s)
      • Flooring: Luxury Vinyl
      • Has fireplace: No
      Interior area
      • Total structure area: 2,159
      • Total interior livable area: 2,159 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Carport
      • Carport spaces: 4
      Features
      • Levels: One
      • Stories: 1
      • Exterior features: None
      Lot
      • Size: 8,111 Square Feet
      • Dimensions: 57 x 143
      Details
      • Parcel number: 252811336500017140
      • Zoning: R-3
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex, Multi Family
      Materials
      • Stucco, Wood Frame
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1930

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: BB/HS Internet Available, Cable Available, Electricity Available

      Community & HOA

      Community
      • Pet fee: $0 monthly
      • Subdivision: AUBURNDALE HEIGHTS
      HOA
      • Has HOA: No
      Location
      • Region: Auburndale

      Financial & listing details

      • Price per square foot: $181/sqft
      • Tax assessed value: $203,088
      • Annual tax amount: $3,322
      • Date on market: 7/5/2026
      • Cumulative days on market: 14 days
      • Listing terms: Cash,Conventional,Lease Purchase,Private Financing Available,VA Loan
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Asphalt

        Estimated market value

        $377,700

        $359,000 - $397,000

        $1,437/mo

        Price history

        DateEventPrice
        7/16/2026Price change$384,900-1.3%$178/sqft
        Source: Stellar MLS #O6422402 Report a problem
        7/5/2026Listed for sale$389,900+48.3%$181/sqft
        Source: Stellar MLS #O6422402 Report a problem
        7/4/2026Listing removed$1,400$1/sqft
        Source: Stellar MLS #O6418699 Report a problem
        6/26/2026Listed for rent$1,400+0.1%$1/sqft
        Source: Stellar MLS #O6418699 Report a problem
        11/25/2025Listing removed$1,399$1/sqft
        Source: Stellar MLS #O6321790 Report a problem
        10/26/2025Price change$1,399-0.1%$1/sqft
        Source: Stellar MLS #O6321790 Report a problem
        9/25/2025Price change$1,400-3.4%$1/sqft
        Source: Stellar MLS #O6321790 Report a problem
        8/2/2025Price change$1,450-3.3%$1/sqft
        Source: Stellar MLS #O6321790 Report a problem
        7/15/2025Price change$1,500-23.1%$1/sqft
        Source: Stellar MLS #O6321790 Report a problem
        7/13/2025Price change$1,950-2.5%$1/sqft
        Source: Stellar MLS #O6321790 Report a problem
        7/7/2025Listed for rent$2,000+17.6%$1/sqft
        Source: Stellar MLS #O6321790 Report a problem
        6/26/2025Listing removed$1,700$1/sqft
        Source: Zillow Rentals Report a problem
        5/19/2025Listed for rent$1,700$1/sqft
        Source: Zillow Rentals Report a problem
        10/6/2023Listing removed--
        Source: Stellar MLS #P4926000 Report a problem
        7/31/2023Listed for sale$263,000$122/sqft
        Source: Stellar MLS #P4925899 Report a problem
        7/22/2023Pending sale$263,000$122/sqft
        Source: Stellar MLS #P4925899 Report a problem
        6/30/2023Price change$263,000-3%$122/sqft
        Source: Stellar MLS #P4925899 Report a problem
        5/29/2023Listed for sale$271,000+8.4%$126/sqft
        Source: Stellar MLS #P4925899 Report a problem
        5/26/2022Sold$250,000$116/sqft
        Source: Public Record Report a problem
        4/19/2022Pending sale$250,000$116/sqft
        Source: Stellar MLS #T3366919 Report a problem
        4/15/2022Listing removed--
        Source: Stellar MLS #T3351795 Report a problem
        3/18/2022Listed for sale$250,000$116/sqft
        Source: Stellar MLS #T3351795 Report a problem
        2/4/2022Pending sale$250,000$116/sqft
        Source: Stellar MLS #T3351795 Report a problem
        1/26/2022Listed for sale$250,000$116/sqft
        Source: Stellar MLS #T3351795 Report a problem
        12/23/2021Listing removed--
        Source: Stellar MLS #T3338750 Report a problem
        12/13/2021Listed for sale$250,000+1512.9%$116/sqft
        Source: Stellar MLS #T3338750 Report a problem
        6/30/2014Sold$15,500$7/sqft
        Source: Stellar MLS #P4628605 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,322 +3.3%$203,088 +6.4%
        2024$3,215 +11.9%$190,925 +10%
        2023$2,872 +470.8%$173,568 +175.2%
        2022$503 -2.3%$63,076 +1.7%
        2021$515 +34.5%$61,996 +31.7%
        2020$383 +2.5%$47,066 +2.3%
        2019$373 $46,008 +42.9%
        2018$373 -35.1%$32,190 +10.7%
        2017$576 +5.6%$29,089 -1.7%
        2016$545 +2.9%$29,591 +3.6%
        2015$530 +10.9%$28,564 +7.4%
        2014$478 +4.4%$26,595 +12.2%
        2013$457 -5.4%$23,704 -8%
        2011$484 -52.5%$25,762 -49.5%
        2009$1,018 -23.3%$50,980 -29.3%
        2008$1,327 $72,125
        2007-- --
        2006$1,135 --
        2005-- --
        2004$717 +4.6%--
        2003$685 -1.9%$32,360
        2002$698 +12.8%$32,360 +12.8%
        2001$619 $28,680
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 33823

        Getting around

        56 / 100
        Somewhat Walkable
        65 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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