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2319 W Cannon Ter NW
Winter Haven, FL 33881 Downtown Winter Haven

$580,000 USD

Apartments For Sale  •  3,846 SF

Property Details

  • Property Type Apartments
  • Total Building Size 3,846 SF
  • Lot Size 0.33 AC
  • Building Class C
  • Year Built 1980
  • Cap Rate 8.82 %
30 Transit Score
40 Walk Score

Highlights

Strong Annual Income: Generates $51,200 per year with additional upside by renovating Unit 1.
Updated & Turnkey: Two units fully renovated with modern finishes, granite countertops, and new stainless steel appliances.
Major Capital Improvements: New roof, fresh exterior paint, and updated interiors across units.
Desirable Layout & Features: Each unit offers 2 beds/1.5 baths; private vinyl-fenced backyard and on-site laundry/carport for added convenience.

Property Flyers

Financial Summary

Cap Rate: 8.82 %

Amenities

  • 24 Hour Access
  • Waterfront
  • Wheelchair Accessible
  • Storage Space

Public Transportation

Commuter RailDriveWalkDistance
Winter Haven (Floridian - Amtrak, Silver Meteor - Amtrak) 7 min - 3.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
David Small 407-601-8351 Lakefront Investment Group
David Small 407-601-8351 Lakefront Investment Group