new - 1 day on rocket

227 Palmetto Ave NW, Winter Haven, FL, 33881

$550,000

Home List Price

$6,531*

Closing Credit

8 Bedrooms
4 Baths
3,456 SqFt
$159/SqFt
Multi

Location

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227 Palmetto Ave NW, Winter Haven$550,000

Buyer Closing Credits

$6,531*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1968
HeatingElectric
CoolingCentral Air
MLS #O6257055
Lot Size0.17 Acres
StatusActive

About 227 Palmetto Ave NW

Fully Leased (Option for FHA financing if needed)! Recently remodeled apartment complex. Four units, each consisting of a 2 bed, 2 bath layout with updated finishes. Granite counters, new HVAC systems, private entrances, and more. Located close to shopping, dining, entertainment. Ample room for rent growth. Units feature separate electric and separate water meters. Two-story townhouse-style apartments. No HOA.

Property Details

Property Features

Property Information:

  • Year Built: 1968
  • Living Area: 3,456 SqFt

Listing Office:

  • Office Name: BLUE PEAK REALTY LLC
  • Office Phone: (727) 777-7100
  • Listing Agent: Andrew Cutrona

Interior Features

Interior Information:

  • Interior: Ceiling Fans(s)

Bedroom and Bathroom Information:

  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Lighting, Private Mailbox, Rain Gutters

Virtual/3D Tour

  • Virtual Tour: 227 Palmetto Ave NW
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Use the right 2 lanes to turn slightly right onto Havendale Blvd (signs for 544 E/Winter Haven/Cypress Gardens). Continue onto Martin Luther King Blvd/M.L.K. Blvd NW. Turn right onto Unity Way NW. Turn left onto Palmetto Ave NW

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000
  • Price Per SqFt: $159/SqFt

Tax Information:

  • Annual Amount: $3,839
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Winter Haven, FL.

Med. Sold Price

$300K

Med. Price/SqFt

$177

Avg. Days On Market

55

# of Sold Homes

125

227 Palmetto Ave NW vs Winter Haven

1 DAY ON ROCKET

-54 Days

$550,000

+$250K More

$159/SqFt

-$18 Less

KEY TAKEAWAY

This property is $250K more than the Median Sold Price and $18/SqFt less than other homes in Winter Haven, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #O6257055

Listing Office:

  • Office Name: BLUE PEAK REALTY LLC
  • Office Phone: (727) 777-7100
  • Listing Agent: Andrew Cutrona

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/13/2024, 10:49:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 06, 2021Home Sold
$280,000
Apr 12, 2019Home Sold
$190,000
Apr 11, 2019Home Sold
$170,000
Jan 12, 2017Home Sold
$139,900
Feb 10, 2016Home Sold
$65,000
Feb 05, 2016Home Sold
$44,000
Jan 10, 2013Home Sold
$80,000
Nov 06, 2002Home Sold
$32,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,839$189,106
2018$1,099$129,370
2017$1,100$55,476

History based on county public records data.

Payment Calculator

$2,813

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-524839
8
/10
  • Frank E. Brigham Academy

  • 601 Avenue C SE

  • 1.46 miles

  • Public Magnet Grades PK-5

school-card-donut-524840
2
/10
  • Inwood Elementary School

  • 2200 Avenue G NW

  • 1.73 miles

  • Public District Grades PK-5

school-card-donut-524841
2
/10
  • Elbert Elementary School

  • 205 15th St NE

  • 1.83 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,171. The most common annual income of people living in Winter Haven, FL is less than $35k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Winter Haven, FL

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Winter Haven, FL?

Winter Haven's housing market is diverse, offering a mix of single-family homes, apartments, and townhouses to suit various preferences. The architectural styles in the area range from contemporary to ranch-style homes, with a significant portion of the housing stock dating back to the mid-20th century. The homeownership rate in Winter Haven is robust, reflecting a community invested in property ownership and stability.

Is Winter Haven, FL a good place to live?

Winter Haven is celebrated for its relaxed, family-friendly atmosphere and its reputation as the 'Chain of Lakes City,' with over 50 lakes within its vicinity. The community prides itself on outdoor activities and water sports that these lakes facilitate, as well as the annual events that bring residents together, such as the Winter Haven Boat Parade and the Havendale Christmas Parade.

Are things conveniently located in Winter Haven, FL?

The city is served by a number of educational institutions, including public and private schools that cater to a range of age groups and educational needs. Healthcare services are comprehensive, with facilities offering urgent care, primary care, and specialized medical services. The public library system in Winter Haven is active, providing resources and programming for residents of all ages. Retail and dining options are plentiful, with an array of shops and restaurants that reflect the local culture.

What does the transportation in Winter Haven, FL look like?

Transportation options in Winter Haven include a public bus service that connects key areas of the city, with schedules that cater to the needs of commuters and residents alike. Ride-sharing services are available, enhancing the mobility options for those without private vehicles. The city's layout and infrastructure support a moderate level of walkability, particularly in the downtown area. Major roads and highways provide convenient access for travel and commuting to nearby cities.

Rocket HomesFloridaPolk CountyWinter Haven33881227 Palmetto Ave NW

This home is located at 227 Palmetto Ave NW in Winter Haven, FL and zip code 33881. This 3,456 square foot home, which was built in 1968, sits on a 0.17 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $550,000.

In October 2024, from all listings sold in Winter Haven, FL there were more than 15 sold above asking price, over 66 sold below and more than 44 were sold right at the asked price. Between September 2024 and October 2024, Winter Haven, FL real estate market has seen increase in the number of listings by 1.3%. While the average time on the market in October 2024 was 55 days, the median list price was $300,000.

From Rocket Homes Real Estate and based on county public records data.

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