FL
Polk
AUBURNDALE
33823
517 OAK STREET
517 OAK STREET, AUBURNDALE, FL 33823
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Listing Type
Condo/Townhome
Listing Status
Active
27
$319,900

Home Details for 517 OAK STREET

Price
$319,900
Type
Residential
Bedrooms
3
Total Bathrooms
2
Full Bathrooms
2
Square feet
950
Year built
1930
Lot size acres
0.19
County
Polk
Total rooms
3
Days on site
48
MLS Listing#
O6422400
Property Description

AUBURNDALE INVESTMENT OPPORTUNITY • TWO SEPARATE RESIDENCES • $2,900/MONTH CURRENT GROSS RENTAL INCOME • APPROX. $80,000 IN IMPROVEMENTS • ALSO AVAILABLE FOR LEASE • SELLER MOTIVATED! Welcome to 517 Oak St, Auburndale, FL 33823, an income-producing property featuring two separate residences/living spaces and established rental income. The 4-bedroom, 3-bath residence is currently leased at $1,500/month, and the 2-bedroom, 2-bath residence is currently leased at $1,400/month, generating combined current gross rental income of $2,900/month ($34,800 annually). The owner reports approximately $80,000 in renovations and improvements, creating an attractive opportunity for investors seeking a property with existing rental income and multiple living spaces. Sale is subject to applicable existing lease terms. ADDITIONAL LEASE OPTION: Property is also offered for lease at $2,900/month, subject to existing leases, availability, lease terms, application requirements, and approval. Ask for complete lease and occupancy details. Conveniently located in Auburndale, Florida, with access to I-4, Lakeland, Winter Haven, Orlando, and Tampa, along with shopping, dining, schools, medical facilities, employment centers, and other Central Florida amenities. ALTERNATIVE HOMEOWNERSHIP OPTION: A separate bank-funded lease-to-own/homeownership program may also be available through a third-party provider for qualified applicants. Depending on program guidelines, alternative income documentation may be available, which may include recent bank statements rather than relying solely on traditional tax-return documentation. Program availability, income documentation, credit standards, required funds, occupancy requirements, property eligibility, terms, and final approval are determined solely by the participating third-party provider. This is not seller financing, and approval is not guaranteed. Ask for complete program details and qualification requirements. SELLER MOTIVATED! Property and lease information available upon request. Buyer and buyer's agent are encouraged to independently verify property use/classification, zoning, measurements, rental income, existing lease information, occupancy, program eligibility, and all other information deemed important. INVEST • LEASE • OR EXPLORE AN ALTERNATIVE PATH TO HOMEOWNERSHIP — SCHEDULE YOUR SHOWING TODAY!

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Property Features
  • Heating Information
    • Central
    • Electric
  • Utilities
    • Cable Available
    • Electricity Available
  • Cooling Information
    • Central Air
  • Water Features
    • Public
Listing Courtesy: IAD REAL ESTATE - 407-720-0020
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the 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. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2026 MLS GRID. All Rights Reserved.
Last Updated: 2026-08-22 10:50:04
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EXIT REALTY 4CORNERS
49503 Hwy 27 Unit B, Davenport, FL 33897
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863 344 3948
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