Retail-Flex Building with Ramped
For Sale
$457,465
632 1ST Street S, Winter Haven, FL 33880
SINGLE_FAMILY - WINTER HAVEN, FL
Property Size2,300 SF
Lot Size0.14 Acres
Price / SF$198.90
Days on Market574
Property Features for 632 1ST Street S
General Information
Property type
Residential
Property subtype
Retail
Zoning
RP
Subdivision
DANIELS SUB
Directions
From I-4 Westbound: Take Exit 55 for US-27 toward Haines City/Davenport. Turn left onto US-27 South and continue for about 5.3 miles. Turn right onto Dundee Rd (FL-542 W) and follow for 7.9 miles. Turn left onto US-17 South (becomes 6th Street NW in Winter Haven) and continue for about 1.4 miles. Turn left onto Avenue G SW. Turn right onto 1st Street S. Your destination will be on the right.
Standard status
Active
APN
26-28-28-616500-000230
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2023
Tax Description
DANIELS SUB PB 33 PG 8 LOT 23 LESS R/W ON SR #557
Tax Annual Amount
2255
Legal Description
DANIELS SUB PB 33 PG 8 LOT 23 LESS R/W ON SR #557
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1953
Building materials
Block, Stucco, Frame
Roof type
Shingle
Listing Agency:
KELLER WILLIAMS REALTY SMART
(863) 577-1234
Listed By:
Chris Renfro · License #3425065
(407) 467-5760
Added: Jan 7, 2025
Changed: Jul 15
Last Checked: Aug 4 at 2:06PM
MLS# L4949801
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 retail-flex commercial building offers a flexible layout with open work or display areas, additional storage space, two restrooms, and central air conditioning. Ramped access supports accessibility, and on-site parking is included. The building is described as approximately 2,300+/- square feet, and inventory, refrigeration, shelving, racking, and trade fixtures are not included in the sale unless separately negotiated.
The offering must be purchased together with 524 1st St S, Winter Haven, FL 33880, which includes an additional 1,320+/- square foot office/medical-style building. The properties will not be sold separately. The listing notes the location is in a visible Winter Haven commercial corridor.
Zoning is listed as RP, and the public remarks also reference C-3, with potential to support a variety of retail and related commercial uses subject to buyer verification and municipal approval. Buyer is responsible for independently verifying square footage, permitted uses, condition, accessibility, and all other information.
The offering must be purchased together with 524 1st St S, Winter Haven, FL 33880, which includes an additional 1,320+/- square foot office/medical-style building. The properties will not be sold separately. The listing notes the location is in a visible Winter Haven commercial corridor.
Zoning is listed as RP, and the public remarks also reference C-3, with potential to support a variety of retail and related commercial uses subject to buyer verification and municipal approval. Buyer is responsible for independently verifying square footage, permitted uses, condition, accessibility, and all other information.
Key Highlights
- 2,300+/- SF commercial building in a visible Winter Haven commercial corridor
- Flexible retail/flex‑style layout with open work/display areas and storage plus 2 restrooms
- Ramped access, on‑site parking, central heating and central air conditioning
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 | $40.0k | $17.40 |
| − Vacancy | −$3.1k | −$1.36 |
| EGI | $36.9k | $16.04 |
| − OpEx | −$11.1k | −$4.81 |
| NOI | $25.8k | $11.23 |
2,300 SF · lease $17.40/SF/yr · vacancy 7.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$369.0K
$322.9K – $430.5K
NOI $25,829 @ 7.0% cap · market cap 5.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$552.7K
$483.6K – $644.8K
NOI $38,690 @ 7.0% cap · market cap 8.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,710
Businesses Nearby
Explore this area
Business Placement
Demographics for 33880, FL
42,005
Population
17,055
Households
2.5
Avg Household Size
38
Median Age
17%
College-Educated
84%
High-School Grad
32.4 sq mi
ZIP Area
1,296
Density / Sq Mi
$56,803
Median Household Income
$35,051
Median Earnings
$1,128
Median Rent
$200,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail-flex building with open work/display areas, storage, two restrooms, central air, ramped access, and on-site parking.
Where is this retail space located?
The property is located at 632 1ST Street S Winter Haven, FL.
What is the asking price?
The asking price for this property is $457,465.
What are key features of this property?
This property features: 2,300+/- SF commercial building in a visible Winter Haven commercial corridor; Flexible retail/flex‑style layout with open work/display areas and storage plus 2 restrooms; Ramped access, on‑site parking, central heating and central air conditioning
