Two-Building Office
737 W CENTRAL Avenue Winter Haven, FL 33880
737 W CENTRAL Avenue, Winter Haven, FL, 33880
$399,000
For Sale
$399,000
SINGLE_FAMILY - WINTER HAVEN, FL
Property Size2,510 SF
Lot Size0.22 Acres
Price / SF$158.96
Days on Market420
Property Features for 737 W CENTRAL Avenue
General Information
- Property type
- Residential
- Property subtype
- Office
- Zoning
- RP
- Standard status
- Active
- APN
- 26-28-29-632000-003120
- Size
- 2,510 SF
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- LAKE ADD DB Q PG 529 BLK 3 LOTS 12 E1/2 & 13
- Tax Annual Amount
- 2116
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1915
- Building materials
- Stone, Stucco, Wood Siding
Listing agency
LOCKHART & ASSOCIATES INC
(863) 293-1234
Listed by
Steve Lockhart · License #377455
(863) 289-9801
Added: May 30, 2025 Updated: Jul 22 at 7:58AM Checked: Jul 23 at 8:06AM
MLS# P4935050
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 offering includes two redesigned and remodeled office buildings created by a local architect. The front building is known as 737 W Central Avenue, and the rear building is known as 739 W Central Avenue.
The buildings are positioned close to downtown, shopping, and retail centers, supporting convenient day-to-day access for office tenants and visitors. The property is zoned RP.
With a combined size of 2,510 square feet, this is a compact office configuration presented as two distinct buildings on a single site.
The buildings are positioned close to downtown, shopping, and retail centers, supporting convenient day-to-day access for office tenants and visitors. The property is zoned RP.
With a combined size of 2,510 square feet, this is a compact office configuration presented as two distinct buildings on a single site.
Key Highlights
- Two redesigned and remodeled office buildings designed by a local architect: 737 W Central Avenue and 739 W Central Avenue
- Built in 1915
- Central heating and central air conditioning
Local Financial Insights For Office B
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 | $52.7k | $21.00 |
| − Vacancy | −$11.6k | −$4.62 |
| EGI | $41.1k | $16.38 |
| − OpEx | −$10.3k | −$4.10 |
| NOI | $30.8k | $12.29 |
2,510 SF · lease $21.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$440.5K
$385.4K – $513.9K
NOI $30,835 @ 7.0% cap · market cap 7.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$603.2K
$527.8K – $703.7K
NOI $42,222 @ 7.0% cap · market cap 10.58%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Julian J Garcia ...
Architect
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FAQs
What type of property is this?
Office building - Two redesigned office buildings totaling 2,510 SF, located near downtown shopping and retail centers.
Where is this office building located?
The property is located at 737 W CENTRAL Avenue Winter Haven, FL.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Two redesigned and remodeled office buildings designed by a local architect: 737 W Central Avenue and 739 W Central Avenue; Built in 1915; Central heating and central air conditioning
