Please Read Desription

📍 Location:

• Situated in a desirable area of Winter Haven, FL
• Close to local amenities, schools, parks, and shopping

🏠 Property Details:

• Originally used as a lawnmower storage/auto body shop
• Includes a 1 bed, 1 bath apartment on the property
• Main building can be converted back into a 3 bed, 1 bath house
• Address is difficult to find online 

💰 Financials:

• Comparable Sales (Comps) for 3 bed, 1 bath homes:
  • 2443 Edwin St NE, Winter Haven, FL 33881 sold for $165,000
  • 2426 2nd St NE, Winter Haven, FL 33881 sold for $176,000
• High market potential with new builds listed at $415,000:
  • 328 Avenue Y NE, Winter Haven, FL on the market for $415,000
  • Land next to the property sold for $289,000 (2450 4th St NE Winter Haven, FL 33881)

🔑 Investment Potential:

• Versatile property that can be repurposed for residential or commercial use
• Opportunity to convert the main building into a 3 bed, 1 bath house
• Significant appreciation potential in a growing market

📈 Profit Potential:

• Great for investors looking to capitalize on the booming real estate market in Winter Haven
• Ideal for fix-and-flip investors or those using the BRRR strategy
• High demand area with potential for excellent returns