Turnkey 24-Hour Laundromat
2604 AVENUE V NW Winter Haven, FL 33881
New
For Sale
$850,000
COMMERCIAL - WINTER HAVEN, FL
Property Size4,350 SF
Lot Size0.52 Acres
Price / SF$195.40
Days on Market7
Property Features for 2604 AVENUE V NW
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- XX
- Standard status
- Active
- APN
- 25-28-13-342000-006290
- Size
- 4,350 SF
- Lot size
- 0.52 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- INWOOD UNIT 3 PB 9 PG 7A 7B 7C S13/24 T28 R25 LOTS 629 THRU 631 & E 2 FT OF 632
- Tax Annual Amount
- 6792
Building Details
- Year built
- 1973
Listing Agency:
HOME WISE REALTY GROUP, INC.
(407) 712-2000
Listed By:
Chanmarlie Lim · License #3422444
(407) 376-1813
Added: Jul 20
Changed: Jul 22
Last Checked: Jul 26 at 11:06AM
MLS# O6427122
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This turnkey 24-hour laundromat business has been operating since 2022 and is set up for convenient, around-the-clock customer use. Payment options include PayRange app functionality for smartphone credit card payments. The facility features newer, well-maintained Electrolux equipment, with no repairs required since installation per the current owner’s information. The dryer system is described as high-capacity, with dryer motors rated at 200G versus the typical 100–130G range referenced in the remarks.
The property is located at 2604 Avenue V NW in Winter Haven, Florida (Polk County). The current layout includes space to add up to three additional dryers and two additional washers, supporting potential operational expansion. Per the remarks, no off-site assets are included with the sale, and the business is positioned for continued demand from ongoing residential and commercial growth in the area.
The offering includes the laundromat property and the included on-site equipment and business operations as described, on a 0.52-acre lot with 4,350 square feet of property size.
The property is located at 2604 Avenue V NW in Winter Haven, Florida (Polk County). The current layout includes space to add up to three additional dryers and two additional washers, supporting potential operational expansion. Per the remarks, no off-site assets are included with the sale, and the business is positioned for continued demand from ongoing residential and commercial growth in the area.
The offering includes the laundromat property and the included on-site equipment and business operations as described, on a 0.52-acre lot with 4,350 square feet of property size.
Key Highlights
- 24‑hour coin laundromat business operating since 2022 in Winter Haven area
- Modern PayRange app payment options allow customers to pay by credit card from smartphones
- Newer Electrolux equipment with no repairs required since installation, per remarks
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $75.7k | $17.40 |
| − Vacancy | −$5.9k | −$1.36 |
| EGI | $69.8k | $16.04 |
| − OpEx | −$20.9k | −$4.81 |
| NOI | $48.9k | $11.23 |
4,350 SF · lease $17.40/SF/yr · vacancy 7.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$697.9K
$610.6K – $814.2K
NOI $48,850 @ 7.0% cap · market cap 5.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.05M
$914.7K – $1.22M
NOI $73,174 @ 7.0% cap · market cap 8.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Polk Appliances Plus
Electronics & Wireless Store
U-Haul Neighborhood Dealer
Car Rental Facility
Yele coin laundry
(Bike/Boat/Book/etc) Store
FAQs
What type of property is this?
Storefront property - Turnkey coin laundry operating since 2022 with 24-hour service and newer Electrolux equipment, plus PayRange app payments.
Where is this storefront property located?
The property is located at 2604 AVENUE V NW Winter Haven, FL.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 24‑hour coin laundromat business operating since 2022 in Winter Haven area; Modern PayRange app payment options allow customers to pay by credit card from smartphones; Newer Electrolux equipment with no repairs required since installation, per remarks
