Fanning Sub Real Estate

Welcome to Fanning Subdivision, a hidden gem nestled in the heart of Winter Haven, Florida! This charming community in Polk County offers a perfect blend of tranquility and convenience, making it a desirable place to call home.

Fanning Sub is known for its picturesque surroundings, featuring lush greenery and beautifully landscaped yards that create an inviting atmosphere. The subdivision is characterized by a variety of well-maintained single-family homes, each with its own unique charm and character. Whether you’re a first-time homebuyer, a growing family, or looking to downsize, Fanning Sub has something to offer everyone.

One of the standout features of this community is its prime location. Residents enjoy easy access to an array of amenities, including shopping centers, dining options, and recreational facilities. The nearby Winter Haven Chain of Lakes provides endless opportunities for boating, fishing, and enjoying the great outdoors. Families will appreciate the proximity to highly-rated schools, parks, and community events that foster a strong sense of belonging.

Fanning Subdivision is not just a place to live; it’s a lifestyle. With friendly neighbors and a welcoming atmosphere, you’ll find a true sense of community here. Whether you’re enjoying a leisurely stroll through the neighborhood or attending local events, you’ll quickly discover why so many choose to make Fanning Sub their home.

Come explore the charm and convenience of Fanning Subdivision in Winter Haven, where your dream home awaits!

$319,900

4 Beds ⋅ 2 Baths ⋅ Fanning Sub SubDv. ⋅ 33880 Zip Code

FULLY RENTED INVESTMENT PROPERTY + $2,845 MONTHLY RENTAL INCOME + NO HOA! Welcome to 501 Avenue G SE, Winter Haven, FL 33880, an INCOME-PRODUCING MULTI-FAMILY INVESTMENT OPPORTUNITY offering immediate cash flow for investors looking to expand their rental portfolio! This unique single-family property, GRANDFATHERED FOR MULTI-FAMILY USE, features TWO SEPARATE, FULLY OCCUPIED RENTAL UNITS generating a combined $2,845 PER MONTH OR $34,140 IN ANNUAL GROSS RENTAL INCOME! Situated on a LARGE LOT, both residences feature PRIVATE ENTRANCES AND SEPARATE YARD AREAS, providing privacy and convenience for tenants. The front residence offers 3 BEDROOMS, 1 BATHROOM, laminate flooring, and a dedicated laundry room, currently rented for $1,625 PER MONTH. The rear residence features 1 BEDROOM, 1 BATHROOM, currently rented for $1,220 PER MONTH. With 100% OCCUPANCY AND EXISTING RENTAL INCOME, this property provides an opportunity to acquire an established rental asset without the immediate need to secure tenants. Investors seeking ADDITIONAL VALUE-ADD POTENTIAL may explore reconfiguring the existing layout to create a middle studio-style living space while converting the front residence into a 2-bedroom, 1-bathroom unit, subject to applicable approvals and permitting. With NO HOA, TWO EXISTING INCOME-PRODUCING UNITS, A LARGE LOT, AND POTENTIAL FOR FUTURE RENTAL GROWTH, this property offers an attractive opportunity for both seasoned investors and those building their real estate portfolios. PROPERTY IS BEING SOLD AS-IS WITH EXISTING TENANTS IN PLACE. Whether you're seeking PASSIVE RENTAL INCOME, LONG-TERM CASH FLOW, PORTFOLIO EXPANSION, OR A VALUE-ADD INVESTMENT, this fully occupied property is ready to become your next income-producing asset!

501 Avenue G Se, Winter Haven

Fanning Sub Real Estate

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