240 2nd Street SWWinter Haven, FL 33880MLS Number P4930806

  • Price: $5,500,000
  • Est. Mortgage of $/month
  • 179 Days on Market
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Federal 30-year interest rate: 6.69% last updated on Dec 5, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
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  • 0.71Acreage
  • 2019Year Built
  • 21,745Square Feet
Discover the Premier Investment Opportunity at 20 on Second luxury apartment community. Luxury and convenience converge to set a new standard for downtown living. This premier property offers a unique investment opportunity with its spacious one and two-bedroom units, designed to attract discerning residents seeking an urban sanctuary. This property features generous 800 sq. ft. one-bedroom and 1200+ sq. ft. two-bedroom units, providing ample space for relaxation and entertainment. The first-floor units boast contemporary polished concrete floors and tranquil private courtyards, all units benefit from separation walls that are 28% quieter than standard building codes require, ensuring a peaceful living environment. The gourmet chef's kitchens, equipped with premium stainless steel Italian appliances and gas cooktops, appeal to culinary enthusiasts and elevate the everyday living experience. This pet-friendly community includes a dedicated dog wash station, adding convenience for pet owners and increasing the property's appeal. Additional amenities, such as a car wash station and secure bike racks, cater to the modern urban lifestyle, ensuring vehicles and bikes are well-maintained and easily accessible. Located in the heart of downtown, 20 on Second offers residents close, convenient, walking access to vibrant dining, shopping, cultural attractions, and nightlife, making it an attractive choice for those who appreciate a walkable lifestyle. Invest in 20 on Second and capitalize on the growing demand for luxury downtown living. Schedule a tour today to see why this property stands out as the perfect investment opportunity. Listing reflects a 4.2% CAP Rate based on 2023 income with plenty of upside available.
Listing Courtesy of VILLAGE REALTY OF WINTER HAVEN

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More Info

Location Information

  • Road Frontage DescriptionAsphalt

Parking

  • Num Assigned Parking Spaces1
  • Parking Features Assigned

Building

  • Construction Materials Stucco
  • Foundation Details Slab
  • RoofMembrane
  • Units20
  • Year Built2019

Utilities

  • Cooling Central Air
  • Heating Central
  • Laundry Features Inside
  • Sewer Public Sewer
  • Utilities Public
  • Water Source Public

Basic Information

  • List Price$5,500,000
  • MLS NumberP4930806
  • Mls Status Active
  • StatusACT

Location

  • Address240 2nd Street SW
  • AreaWinter Haven/Eloise/JPV/Wahnetta
  • CountyPolk
  • Exterior Features Irrigation System, Lighting, Sidewalk
  • StateFL
  • SubdivisionDodsons Resub
  • TownWinter Haven
  • Township 28
  • Zip33880

Amenities

  • Appliances IncludedDishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer

Water Body

  • MFR Water Access YN No
  • Water ViewNo

Other

  • Date Listed06/17/2024
  • MFR Annual Net Income $248,000
  • MFR Flood Zone Code X
  • MFR Flood Zone Date 2016-12-22
  • Tenant Pays ["Electricity"]
  • View City
  • View Count187

Tax Information

  • Tax Year 2023
  • Taxes$54,372

Basic Information

  • Property SubTypeMulti-Family
  • Special Listing Conditions None
  • Virtual TourView Tour

Property

  • ZoningBR

Interior

  • Flooring Concrete, Vinyl

Property Information

  • Acreage0.71
  • Lot DescriptionCorner Lot, City Limits, Near Public Transit
  • Lot Size Square Feet 30,928
  • MFR Living Area Meters 2,020
  • MFR Lot Size Square Meters 2,873
  • MFR Property Description Walk-Up
  • MFR Total Acreage 1/2 to less than 1
  • Square Feet21,745
Fusilier Realty Group
Fusilier Realty Group
Office: 407-281-8455
10016 Wellness Way
Orlando, FL 32832

Based on information submitted to StellarMLS as of December 12, 2024 . All data is obtained from various sources and has not been, and will not be, verified by broker or StellarMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

I agree to receive marketing and customer service calls and text messages from Fusilier Realty Group. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

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