Fanning Sub Homes with No Deed Restriction Community Extras

Welcome to Fanning Subdivision, a hidden gem nestled in the heart of Winter Haven, Florida! This charming community offers a unique blend of tranquility and convenience, making it an ideal choice for families, retirees, and everyone in between.

One of the standout features of Fanning Sub is its homes with no deed restrictions, allowing residents the freedom to personalize their properties without the constraints often found in more regulated neighborhoods. Whether you dream of creating a vibrant garden, parking your RV, or simply enjoying a little extra space, Fanning Sub provides the perfect canvas for your lifestyle.

The homes in this subdivision are characterized by their inviting designs and spacious layouts. Many properties feature large yards, perfect for outdoor activities, family gatherings, or simply soaking up the Florida sun. The community is surrounded by lush greenery and beautiful landscapes, offering a serene atmosphere that feels like a retreat from the hustle and bustle of city life.

Located in Polk County, Winter Haven is known for its stunning lakes and recreational opportunities. Residents of Fanning Sub can easily access local parks, shopping centers, and dining options, ensuring that everything you need is just a stone's throw away. Plus, with its close proximity to major highways, commuting to nearby cities is a breeze.

If you're seeking a welcoming community where you can truly make your home your own, look no further than Fanning Subdivision. Come explore the possibilities and discover why this charming neighborhood is the perfect place to call home!

$319,900

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

Welcome to an exceptional HOUSE HACKING and INVESTMENT OPPORTUNITY in the heart of Winter Haven! Legally classified as a SINGLE-FAMILY HOME, this unique property is GRANDFATHERED FOR MULTI-FAMILY USE and is currently configured as two separate living units, making it ideal for INVESTORS, OWNER-OCCUPANTS, or MULTI-GENERATIONAL LIVING. The front unit features 3 BEDROOMS, 1 BATHROOM, its own PRIVATE CARPORT, LAUNDRY ROOM, separate entrance, and private backyard, while the rear unit offers 1 BEDROOM, 1 BATHROOM, a private entrance, private backyard, and is currently rented for OVER $1,200 /MONTH. For added comfort, energy efficiency, and long-term value, the rear unit has been upgraded with a NEW MINI-SPLIT A/C SYSTEM, providing efficient climate control for tenants. The front unit has an estimated rental value of $1,650-$1,750 /MONTH, creating a projected combined rental income of approximately $2,850-$3,000+ /MONTH. Looking for additional upside? One of the bedrooms in the front unit has its OWN EXTERIOR ENTRANCE leading to the patio and offers exciting VALUE-ADD POTENTIAL for a future studio or efficiency conversion by adding a bathroom and kitchenette (buyer to verify all permitting, zoning, and city requirements). Recent 2023 UPDATES include updated kitchen countertops, fresh exterior paint, new flooring and interior paint in the rear unit, along with the installation of the NEW MINI-SPLIT A/C, making this property truly move-in and rent-ready. The home is serviced by ONE WATER METER and TWO SEPARATE ELECTRICAL METERS, allowing each unit to maintain its own electrical service. Perfectly situated just minutes from DOWNTOWN WINTER HAVEN, the famous Chain of Lakes, shopping, dining, healthcare, and schools, you'll also enjoy convenient access to US-27, I-4, Orlando International Airport, Downtown Orlando, and Walt Disney World, along with many of Central Florida's top attractions. As Winter Haven continues to experience significant residential, commercial, and economic growth, this property presents an outstanding opportunity to capitalize on both IMMEDIATE CASH FLOW and LONG-TERM APPRECIATION, whether you're looking to LIVE IN ONE UNIT WHILE RENTING THE OTHER, expand your investment portfolio, or own a versatile income-producing property with exceptional future potential. For added flexibility, the front 3-bedroom unit is also being offered FOR RENT, creating additional options for investors or future owner-occupants. Front Unit was Virtually Staged.

501 Avenue G Se, Winter Haven

Fanning Sub Homes with No Deed Restriction Community Extras

Newest Fanning Sub Homes with No Deed Restriction Community Extras