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    950 1St St S Winter Haven, FL 33880

    For Sale
    $5,839,480

    Fully occupied medical building with long-term tenants in Winter Haven.

    Property size:
    20,327 SF
    Lot size:
    1.03 Acres

    Property Features for 950 1St St S

    General Information

    Size
    20,327 SF
    Lot size
    1.03 Acres

    Source: Matthews Real Estate Investments Services | Tampa Agent Brady Wisdom

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Winter Haven Medical Investment Opportunity

    This fully occupied medical building is located in Winter Haven, Florida. The property is currently 100% leased to medical tenants, offering immediate income stability. Palm Medical Center Lakeland LLC, a part of Palm Medical Centers with over 40 locations across Florida, recently extended its lease through September 2034, demonstrating a commitment to the location and a strong patient base. The tenant commitment reflects the practice’s operational success and long-term commitment to the location. The property benefits from its location within a high-demand healthcare corridor. The lease with Palm Medical is structured as NN+, with the tenant responsible for taxes, insurance, and repairs, minimizing landlord responsibilities and providing consistent income with limited oversight. The property contains 20327 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Palm Medical Centers ... Medical Clinic Ana Cruz Diaz Family Practice Physician Nova Pharmacy Pharmacy Jay Care Medical ... Family Practice Physician Jay Care Medical ... Doctor

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Winter Haven
    County
    Polk
    State
    Florida
    Longitude
    -81.7264408
    Latitude
    28.0125478

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    FAQs

    What type of property is this?
    Medical office - Fully occupied medical building with long-term tenants in Winter Haven.
    Where is this medical office located?
    The property is located at 950 1St St S Winter Haven, FL.
    What is the asking price?
    The asking price for this property is $5,839,480.
    What are key features of this property?
    This property features: - Long-term lease: Palm Medical Center lease extended through September 2034, demonstrating tenant commitment.; - Passive NN+ lease structure: Tenant responsible for taxes, insurance, and repairs, minimizing landlord responsibilities.; - Stable income: 100% occupancy with established medical tenants in a high-demand healthcare corridor.
    (262) 729-6915
    Request Owner's contact information
    950 1St St S Winter Haven, FL 33880
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    Winter Haven, FL 33880
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    950 1St St S Winter Haven, FL 33880
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