517 MAIN STREET, Haines City, FL 33844

• 6 beds |
• 4 baths |
• 2,770 sqft

Property 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 area—creating 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.

Listing Status:

Active

Date Added:

February 15, 2026

Data Last Updated:

February 18, 2026 at 12:24AM

Listing Office:

STELLAR REAL ESTATE OF FLORIDA : 407-801-0329

Listing Agent:

Monica Bouwers : 561-329-9765

MLS ID:

P4937848

Interior

• General: Ceiling Fans(s)Crown MoldingStone CountersThermostat
• Laundry: Other
• A/C: Central Air
• Heating: Central
• Fireplace: Wood BurningFireplace

Exterior

• General: OtherRV HookupSidewalk

Construction

• Roofing: Shingle
• General: StuccoTwoCrawlspace

Location

• Road/Access: Asphalt
• Originating MLS: Stellar MLS
• County: Polk

Lot

• Zoning: R-1ALAKE HAMILTON PB 3A PG 34 BLK 19 LOTS 8 & 927-28-16-823000-019090

Utilities

• Utilities: BB/HS Internet AvailableCable AvailableElectricity ConnectedNatural Gas ConnectedWater Connected
• Water: Public
• Sewer: Septic Tank

Financial

• Source: Stellar MLS
• Ownership: Fee Simple