204 Snively Avenue, Eloise, FL 33880 (MLS # P4938676)

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View Virtual Tour PRICE $850,000 SIZE 2,725 sqft LOT SIZE 8,277 sqft Request More Info Schedule a Showing

Exceptional investment opportunity in the growing Winter Haven / Eloise area featuring multiple parcels with income-producing and development potential. This unique package includes the commercial mechanic shop located at 204 Snively, two vacant lots at 208 Snively and 101 1st St. Eloise, plus 210 Snively featuring two residential homes on one lot. The commercial mechanic shop is currently tenant occupied at $2,500 per month, providing immediate income. The building received major updates in 2021 including a new electrical panel and split AC units. The property is connected to public water and city sewer. Positioned along a high-visibility corridor with an approximate traffic count of 17,500 vehicles per day, this location offers excellent exposure for current or future business use. 210 Snively includes two residential homes situated on one lot, with one unit currently rented for $1,000 per month and the second unit vacant, offering additional income potential or owner-user flexibility. Both residential units are connected to public water and serviced by septic systems. The included vacant lots at 208 Snively and 101 1st St. Eloise create additional possibilities for expansion, storage, redevelopment, or future development opportunities. Additional vacant lots at 205 Snively and 0 Snively are also available for added expansion and increased road frontage exposure. Conveniently located near major roadways, downtown Winter Haven, and area commerce, this multi-property package offers a rare combination of commercial income, residential income, redevelopment potential, and long-term upside. An added bonus is the properties are currently in the process of being rezoned to CAC (Community Activity Center) & Institutional, allowing the opportunity to continue the current use or transition into a variety of future permitted uses including offices, retail stores, banks, personal service businesses, and certain community facilities. This proposed zoning flexibility creates significant potential for investors, developers, or owner-users looking for future growth opportunities in an expanding area.