240 2nd St SW - Apartments FOR SALE


Winter Haven, FL 33880- Downtown Winter Haven
$5,500,000 USD
863-651-5471
240 2nd St SW, Winter Haven, FL for Sale
$5,500,000 USD
Apartments - FOR SALE
1/3
null | Request Cap Rate

240 2nd St SW
Winter Haven, FL 33880
Downtown Winter Haven


HIGHLIGHTS

  • Our property features generous 800 sq. ft. one-bedroom and 1200+ sq. ft. two-bedroom units, providing ample space for relaxation and entertainment. Th

OVERVIEW

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. Our 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.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$138 USD /SF

# OF UNITS

20

PRICE/UNIT

$275,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

20 on Second Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2019

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.72 AC

LAND SF

31,302 SF

ZONING

BR

APN/PARCEL ID

26-28-29-623000-000140

ASK ABOUT THIS PROPERTY

Josh TaylorVillage RealtyMore Info
863-651-5471

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Josh TaylorVillage RealtyMore Info
863-651-5471

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.