Fanning Sub Real Estate

Welcome to Fanning Subdivision, a hidden gem nestled in the heart of Winter Haven, Florida! This charming community in Polk County offers a perfect blend of tranquility and convenience, making it an ideal place to call home.

Fanning Sub is characterized by its picturesque landscapes, featuring lush greenery and well-maintained properties that create an inviting atmosphere. Residents enjoy a peaceful lifestyle while being just moments away from the vibrant amenities of Winter Haven. Whether you’re seeking a leisurely stroll around the neighborhood or a fun-filled day at one of the nearby lakes, this subdivision has something for everyone.

One of the standout features of Fanning Sub is its family-friendly environment. With a mix of single-family homes, the subdivision caters to a diverse community, from young families to retirees. The area is known for its excellent schools, parks, and recreational facilities, ensuring that residents of all ages have access to quality education and outdoor activities.

Convenience is key in Fanning Sub. Residents are just a short drive from shopping centers, dining options, and entertainment venues, making it easy to enjoy everything Winter Haven has to offer. Additionally, the nearby Chain of Lakes provides endless opportunities for boating, fishing, and water sports, making it a haven for outdoor enthusiasts.

In Fanning Subdivision, you’ll find not just a home, but a community where neighbors become friends and memories are made. Come explore the charm and warmth of Fanning Sub, and discover why it’s the perfect place for your next chapter in life!

$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 Real Estate

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