524 1ST STREET S, Winter Haven, FL 33880
Mixed Use - WINTER HAVEN, FL
- Added:
- Jan 7, 2025
- Days on Market:
- 518
- Last Refresh:
- Jun 9 at 10:06 pm
Property Features for 524 1ST STREET S
General Information
- Property type
- Commercial Sale
- Property subtype
- Mixed Use
- Zoning
- C-3
- Security features
- Security System
- Standard status
- Active
- APN
- 26-28-28-615500-000060
- Size
- 1,320 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Annual Amount
- 3282
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1942
- Building materials
- Frame, Stucco
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Chris Renfro License #3425065 (407) 467-5760
Listing office KELLER WILLIAMS REALTY SMART 218 E. Pine Street, Lakeland, FL (863) 577-1234
Listing date Jan 7, 2025
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.
HighLights
- High‑visibility location in the heart of Winter Haven with high daily traffic
- Zoned CC‑3 with existing medical use, offering flexibility for various commercial applications
- Well‑designed layout with three private offices, reception/waiting area, and kitchen/break area
- ADA‑compliant access with ramped entry points and a well‑maintained parking lot
- Opportunity to purchase adjacent commercial property at 632 1st St S (MLS# L4949801)
- Durable construction with frame and stucco materials
Overview
Local Financial Insights For Healthcare Medical
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 | $30.9k | $23.40 |
| − Vacancy | −$3.2k | −$2.46 |
| EGI | $27.6k | $20.94 |
| − OpEx | −$11.1k | −$8.38 |
| NOI | $16.6k | $12.57 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Winter Haven
- County
- Polk
- State
- Florida
- Longitude
- -81.7265
- Latitude
- 28.015922
