517 OAK STREET, AUBURNDALE, FL 33823

Description of 517 OAK STREET, AUBURNDALE, FL 33823

Residential Investment Opportunity with Mother-in-Law Suite | Fully Leased | Immediate Cash Flow | Auburndale, FL Excellent income-producing property with immediate rental income! This well-maintained residential investment features two separate living spaces, making it an ideal opportunity for investors seeking strong cash flow in the growing Auburndale market. The property includes: Main Residence: 3 bedrooms, 2 bathrooms – currently leased for $1,500/month Mother-in-Law Residence: 2 bedrooms, 1 bathrooms – currently leased for $1,400/month Together, the property generates $2,900 month ($34,800 annually) in rental income with dependable tenants already in place, allowing the new owner to begin receiving rental income immediately after closing. The current owner has invested approximately $80,000 in renovations and improvements, helping minimize future maintenance while increasing the property's long-term value. Investment Highlights Fully leased with immediate cash flow Annual gross rental income of $34,800 Approximately $80,000 in recent upgrades Separate living spaces with excellent rental demand Reliable tenants already in place Low-maintenance investment opportunity Strong rental market in Polk County Convenient access to I-4, Lakeland, Winter Haven, Orlando, and Tampa Close to shopping, restaurants, schools, medical facilities, parks, and major employers Whether you're completing a 1031 Exchange, expanding your investment portfolio, or purchasing your first income-producing property, this is an outstanding opportunity to own a cash-flowing asset in one of Central Florida's fastest-growing markets. Schedule your private showing today!

Property Details for 517 OAK STREET, AUBURNDALE, FL 33823

Bathrooms Full

2

Bathrooms Half

0

Interior Features

Ceiling Fan(s)

Appliances

Cooktop, Microwave, Range, Refrigerator

Flooring

Luxury Vinyl

Heating

Central, Electric

Cooling

Central Air

Furnished

Unfurnished

Pool Private

No

Direction Faces

East

Building Information for 517 OAK STREET, AUBURNDALE, FL 33823

Building Area Total

950

Building Area Units

Square Feet

Stories Total

1

Association

No

Property Information for 517 OAK STREET, AUBURNDALE, FL 33823

Lot Size Square Feet

8,111

Waterfront

No

View

No

Construction Materials

Stucco, Wood Frame

Roof

Shingle

Exterior Features

None

Sewer

Public Sewer

Water Source

Public

New Construction

No

Public Records for 517 OAK STREET, AUBURNDALE, FL 33823

Parcel Number

252811336500017140

Tax Annual Amount

$3,322

Tax Year

2025

Tax Legal Description

AUBURNDALE HGTS PB 2 PG 13 BLK 17 LOT 14

Zoning

R-3

County Or Parish

Polk

Payment Calculator

Location