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 suburban tranquility and vibrant local culture, making it an ideal place for families, retirees, and everyone in between.

Fanning Sub is characterized by its well-maintained streets, friendly neighbors, and a variety of beautiful homes that cater to diverse tastes and budgets. Whether you're searching for a cozy single-family residence or a spacious modern home, you'll find options that suit your lifestyle here. The lush greenery and thoughtfully designed landscapes create a picturesque setting that invites you to enjoy the outdoors.

One of the standout features of Fanning Sub is its proximity to Winter Haven's many attractions. Residents can easily access the stunning Chain of Lakes, where boating, fishing, and picnicking opportunities abound. For those who enjoy shopping and dining, the nearby downtown area boasts a delightful mix of local boutiques, restaurants, and cafes, ensuring you have everything you need right at your fingertips.

Families will appreciate the quality schools within close reach, as well as the abundance of parks and recreational facilities. With a strong sense of community and a calendar full of local events, Fanning Sub is more than just a place to live; it’s a place to thrive.

If you’re looking for a welcoming neighborhood with a relaxed Florida lifestyle, Fanning Subdivision is the perfect place to call home. Come explore this wonderful community and discover the possibilities that await you!

$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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