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8-Unit Apartment Community
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118 Oak Crest Dr NW, Winter Haven, FL 33881

Situated in a non-flood zone with a varied residential unit mix.

Property SizeContact for details
Lot Size0.44 Acres
Days on Market144

Property Features for 118 Oak Crest Dr NW

General Information

Standard status Active
Lot size 0.44 Acres
Property subtype Multifamily

Additional Details

Multifamily Units 8

Building Details

Year Built 1984
Buildings 2
Listing Agency: The Multifamily Firm
Listed By: Phil Ginexi · License #FL SL3266689
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 7:50PM

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 The Multifamily Firm

Investment Insights

Based on property information with market context.

This 8-unit apartment community in Winter Haven, Florida, includes two buildings constructed in 1984. The improvements sit on two adjacent parcels totaling 0.44 acres, creating a multi-parcel residential configuration.

The unit mix includes 25% Two Bed / Two Bath apartments and 75% One Bedroom apartments. Each parcel may be eligible for residential financing independently, providing separate financing potential within the overall property structure. The community is located in a non-flood zone.

Key Highlights

  • 8‑unit apartment community across 2 buildings built in 1984
  • Two adjacent parcels totaling 0.44 acres
  • Unit mix includes 25% Two Bed / Two Bath units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Hair Salon Big Box & Wholesale Store Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

153
Businesses Nearby

Demographics for 33881, FL

38,369
Population
17,948
Households
2.1
Avg Household Size
44
Median Age
18%
College-Educated
85%
High-School Grad
21.9 sq mi
ZIP Area
1,752
Density / Sq Mi
$53,867
Median Household Income
$33,941
Median Earnings
$1,153
Median Rent
$177,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Situated in a non-flood zone with a varied residential unit mix.
Where is this apartment building located?
The property is located at 118 Oak Crest Dr NW Winter Haven, FL.
What are key features of this property?
This property features: 8‑unit apartment community across 2 buildings built in 1984; Two adjacent parcels totaling 0.44 acres; Unit mix includes 25% Two Bed / Two Bath units
(941) 444-6160 Call to check price and availability
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