Updated Mixed-Use Medical District
104 AVENUE K NE, Winter Haven, FL 33881
Updated 1,191 SF mixed-use property near Winter Haven Hospital.
Type:Commercial
Property size:
1,191 SFLot size:
0.14 AcresPrice / SF:
$172/SF- Added:
- Mar 11, 2026
- Days on Market:
- 120
- Last Refresh:
- Jul 4 at 4:08 pm
Property Features for 104 AVENUE K NE
General Information
- Standard status
- Active
- Size
- 1,191 SF
- Lot size
- 0.14 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1946
Listing office LPT Realty, LLC. (863) 866-1044
Listing date Mar 11, 2026
Source Elliman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of LPT Realty, LLC.
HighLights
- Prime Location: Steps from Winter Haven Hospital, Polk State College, downtown amenities, and recreational lakes.
- MX (Mixed Use) Zoning: Provides flexibility for commercial, residential, or combined use.
- Updated and Turnkey: Approximately 1,191 sq ft of updated interior space with fresh paint, luxury vinyl plank flooring, updated kitchen and renovated bathroom.
- Significant Recent Upgrades: Includes a new roof (2023), updated electrical panel and wiring (2023), new PVC plumbing (2025), and a new tankless Rheem water heater (2025).
- Versatile Space: Offers a spacious front room, formal dining area, three additional rooms, and an enclosed Florida room.
- Exterior Features: Includes a fully fenced backyard with paver patio, shaded sitting areas, and a detached block shed for laundry and storage, plus ample parking space.
Overview
Located in the heart of the city's Medical District, this updated concrete block building offers approximately 1,191 square feet of interior space suitable for a professional office, medical suite, or live-work space. Zoned MX (Mixed Use), the property allows for commercial, residential, or combined use. The interior features fresh paint, luxury vinyl plank flooring, and natural light. A spacious front room is suitable as a reception or conference area, while the adjacent formal dining area can function as a team meeting room or second office. The updated kitchen includes granite countertops, white cabinetry, open shelving, a deep teal subway tile backsplash, and stainless steel appliances, including a 2023 refrigerator, and can serve as a break room or kitchenette. Three additional rooms, each with ceiling fans and windows, are ideal for private offices, treatment rooms, or bedrooms. The full bathroom has been renovated with stylish tile, a new vanity, and modern finishes. The enclosed Florida room provides a flex space for waiting clients, telehealth services, or a consultation area. Updates include a new roof (2023), updated electrical panel and wiring (2023), and a brand-new tankless Rheem water heater (2025), and new PVC plumbing (2025). The exterior features a fully fenced backyard with paver patio, shaded sitting areas, and a detached block shed for laundry and storage. The property has ample parking and is located on a freshly resurfaced street (2024) with no HOA, offering visibility, walkability, and access near Winter Haven Hospital, medical offices, downtown retail, public transportation, and recreational lakes.
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 | $27.9k | $23.40 |
| − Vacancy | −$2.9k | −$2.46 |
| EGI | $24.9k | $20.94 |
| − OpEx | −$10.0k | −$8.38 |
| NOI | $15.0k | $12.57 |
1,191 SF · lease $23.40/SF/yr · vacancy 10.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$213.8K
$187.1K – $249.4K
NOI $14,966 @ 7.0% cap · market cap 7.30%
Second Best
Office B
$209.0K
$182.9K – $243.9K
NOI $14,631 @ 7.0% cap · market cap 7.14%
Theoretical Best
Office A
$286.2K
$250.4K – $333.9K
NOI $20,035 @ 7.0% cap · market cap 9.77%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Live-work space
Location Insight
- Map
- Local Demand
- City
- Winter Haven
- County
- Polk
- State
- Florida
- Longitude
- -81.7251
- Latitude
- 28.0325
Nearby Similar for Sale
FAQs
What type of property is this?
Live-work space - Updated 1,191 SF mixed-use property near Winter Haven Hospital.
Where is this live-work space located?
The property is located at 104 AVENUE K NE Winter Haven, FL.
What is the asking price?
The asking price for this property is $205,000.
What are key features of this property?
This property features: Prime Location: Steps from Winter Haven Hospital, Polk State College, downtown amenities, and recreational lakes.; MX (Mixed Use) Zoning: Provides flexibility for commercial, residential, or combined use.; Updated and Turnkey: Approximately 1,191 sq ft of updated interior space with fresh paint, luxury vinyl plank flooring, updated kitchen and renovated bathroom.
