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517 Main Street, HAINES CITY, FL 33844
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517 Main Street
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  • MLS#: P4937848 ( Residential Income )
  • Street Address: 517 Main Street
  • Viewed: 13
  • Price: $535,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1925
  • Bldg sqft: 0
  • Bedrooms: 6
  • Total Baths: 4
  • Garage / Parking Spaces: 2
  • Days On Market: 6
  • Additional Information
  • Geolocation: 28.0446 / -81.6275
  • County: POLK
  • City: HAINES CITY
  • Zipcode: 33844
  • Subdivision: Lake Hamilton
  • Provided by: STELLAR REAL ESTATE OF FLORIDA
  • Contact: Monica Bouwers
  • 407-801-0329
  • mfrmls
  • DMCA Notice
  • Description
    This unique Lake Hamilton property offers an exceptional investment opportunity with diversified income potential across multiple rental strategies. Situated on over an acre with no HOA, the property includes a main residence, a fully renovated cottage, and an RV hookup within a fully fenced areacreating three distinct revenue streams. The one bedroom, one bath cottage, completely renovated in 2023, has a proven Airbnb track record generating approximately $32,000 annually. The cottage is fully self contained with its own laundry and continues to present strong short term rental or long term lease potential. The main home, a 5 bedroom, 2 bath residence, offers flexibility for investors. It has an estimated long term rental potential of approximately $3,500 per month, or it could be positioned as a short term rental to further maximize returns given its size, location, and proximity to the Winter Haven Chain of Lakes. In addition, the property includes a fully fenced RV hookup, which has historically generated approximately $10,000 per year in rental income. While this income has been more seasonal, it offers an easy opportunity for supplemental revenue or future expansion. Major capital improvements have already been completed, significantly reducing near term expenses. Updates include a new roof (2020), new AC units (2020), new tankless water heaters (2023), and a full renovation of the cottage in 2023. These upgrades provide peace of mind and make this a turnkey investment option. With no HOA restrictions, lake area proximity, and multiple income producing components, this property is well positioned for investors seeking cash flow, flexibility, and long term appreciation in Central Florida.
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Features
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Central Air
Country
  1. US
Covered Spaces
  1. 0.00
Exterior Features
  1. Other
  2. RV Hookup
  3. Sidewalk
Garage Spaces
  1. 2.00
Heating
  1. Central
Insurance Expense
  1. 0.00
Interior Features
  1. Ceiling Fans(s)
  2. Crown Molding
  3. Stone Counters
  4. Thermostat
Legal Description
  1. LAKE HAMILTON PB 3A PG 34 BLK 19 LOTS 8 & 9
Levels
  1. Two
Living Area
  1. 2770.00
Area Major
  1. 33844 - Haines City/Grenelefe
Net Operating Income
  1. 0.00
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 27-28-16-823000-019090
Property Type
  1. Residential Income
Roof
  1. Shingle
Sewer
  1. Septic Tank
Tax Year
  1. 2025
Township
  1. 28
Utilities
  1. BB/HS Internet Available
  2. Cable Available
  3. Electricity Connected
  4. Natural Gas Connected
  5. Water Connected
Views
  1. 13
Virtual Tour Url
  1. https://youtu.be/pgA4Gv83ojM
Water Source
  1. Public
Year Built
  1. 1925
Zoning Code
  1. R-1A
  1. Tropic Shores Realty
  2. http://homebloks.com - Blockchaiun technology for Real estate professionals.
  3. 352.684.7371
  4. tropicshoresrealty@gmail.com