Lakefront Duplex on Lake Martha Prime Investment or $349,000

Lake Townhome/Townhouse For Sale

Lakefront Duplex on Lake Martha Prime Investment or Multi-Generational Living! A rare opportunity to own a lakefront duplex in the heart of Winter Haven, nestled on the shores of Lake Martha! This income-producing property features two identical 2-bedroom, 1-bath units, offering breathtaking water views, private entrances, and endless possibilities for investors, homeowners, or those seeking a dual-living arrangement. Property needs some TLC, but great bones with 1955 concrete block construction. Repairs under way but price will increase. Confirmed with city of Winter Haven and will provide email chain: 1) A 75 ft. long dock is allowed (1, 000 SF max); 2) Can be converted into single family home. Great location! Only 3 blocks to Polk State College, 8 blocks to WH Hospital and less than 1 mile to downtown Winter Haven's great restaurants, shopping, parks, comedy club, bars and the chain of lakes. Each side of duplex is a 2 bedroom / 1 bath unit (800 sq. ft. = 1,600 sq. ft TOTAL) on huge 0.33 acre lot. Enjoy fishing, kayaking or simply relaxing by the water with stunning views of Lake Martha. Lots of options: Live in one, rent out the other or lease both for consistent cash flow. OR, convert it into a single family home. A nice dock on the lake is ideal for entertaining or enjoying peaceful Florida sunsets. This duplex is a fantastic investment opportunity with immediate rental potential or a dreamy lakefront home for an owner-occupant. Don't miss your chance to own a slice of paradise in Winter Haven!