$5,500,000
Active
42 Days Online
0 Beds0 Baths21,745 SQFT
Active

240 2nd Street SW Winter Haven, FL 33880

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Discover the Premier Investment Opportunity at 20 on Second luxury apartment community. Luxury and convenience converge to set a new standard for downtown living. This premier property offers a unique investment opportunity with its spacious one and two-bedroom units, designed to attract discerning residents seeking an urban sanctuary. This property features generous 800 sq. ft. one-bedroom and 1200+ sq. ft. two-bedroom units, providing ample space for relaxation and entertainment. The first-floor units boast contemporary polished concrete floors and tranquil private courtyards, all units benefit from separation walls that are 28% quieter than standard building codes require, ensuring a peaceful living environment. The gourmet chef’s kitchens, equipped with premium stainless steel Italian appliances and gas cooktops, appeal to culinary enthusiasts and elevate the everyday living experience. This pet-friendly community includes a dedicated dog wash station, adding convenience for pet owners and increasing the property's appeal. Additional amenities, such as a car wash station and secure bike racks, cater to the modern urban lifestyle, ensuring vehicles and bikes are well-maintained and easily accessible. Located in the heart of downtown, 20 on Second offers residents close, convenient, walking access to vibrant dining, shopping, cultural attractions, and nightlife, making it an attractive choice for those who appreciate a walkable lifestyle. Invest in 20 on Second and capitalize on the growing demand for luxury downtown living. Schedule a tour today to see why this property stands out as the perfect investment opportunity. Listing reflects a 4.2% CAP Rate based on 2023 income with plenty of upside available.

  • Property TypeMulti-Family
  • NeighborhoodDodsons Resub
  • CountyPolk
  • Taxes$54,372
  • HOA/Condo/Coop Fees$0
  • Days on Site42 Days
  • MLS StatusActive
  • MLS ID NumberP4930806
  • Home Size Source Appraiser
  • Year Built2019
  • Lot Size0.71 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction Stucco
  • Parking Assigned
  • Sewer Public Sewer
  • Acreage 0.71
  • Water Public
  • Property Sub Type Multi Family
  • Foundation Slab
  • Zoning BR
  • Ownership Fee Simple
  • Parcel Number 26-28-29-623000-000140

Interior Features

  • Cooling Central Air
  • Heating Central
  • Appliances DishwasherDisposalDryerMicrowaveRangeRefrigeratorWasher
  • Flooring ConcreteVinyl
  • Interior Kitchen/Family Room ComboOpen FloorplanSplit Bedroom
  • Laundry Features Inside
  • Fireplace No

Exterior Features

  • Roof Membrane
  • View City
  • Waterfront Property No
  • Exterior Irrigation SystemLightingSidewalk
  • Lot Corner LotCity LimitsNear Public Transit

Community Features

  • Township 28
  • Senior Community No
  • MLS Area 33880 - Winter Haven/Eloise/JPV/Wahnetta

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Monthly Payment (Est.)

$26,607
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