Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    632 1St St S Winter Haven, FL 33880

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $526,889

    High-visibility retail/office space in Winter Haven's commercial corridor.

    Lot size:
    0.14 Acres

    Property Features for 632 1St St S

    General Information

    Property type
    Commercial
    Standard status
    Active
    Lot size
    0.14 Acres

    Building Details

    Year built
    1953

    We can help!

    Listing Contact
    Tina Heim, Pa
    Source: Elliman

    Listing Agent: Tina Heim, Pa

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

    Learn more

    Overview

    Prime Retail Storefront in Winter Haven

    This 2,300± sq. ft. retail storefront is located in Winter Haven’s active commercial corridor, offering visibility and accessibility. Situated along a high-traffic main road, the property benefits from strong daily exposure. The space is suitable for retail, office, or mixed-use business operations. The building features a double-glass entry and a versatile interior layout with multiple work or display areas. It includes two bathrooms, one of which is ADA-compliant. Ramped entry points and ample on-site parking are available. The exterior is clean and professional. Zoned C-3, the space is adaptable for various business uses, including boutique retail, professional offices, and service-based operations. This property is offered in conjunction with 524 1st St S, Winter Haven, FL 33880. Together, they present an opportunity to own two adjacent commercial assets in a thriving downtown market. The building is positioned as an investment or owner-user opportunity in Winter Haven’s growing business district.
    Location Intelligence

    Current Use by Public Records

    Health Food Center ... Specialty Food Shop

    Suggested Use

    Restaurant Law Firm Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Similar Places Nearby

    Designs By Lakeland, Angelic Flowers, Same Day Flower Delivery in Winter Haven, FL, 33881 by your FTD florist Designs By Lakeland Flowers 863-647-1871, Weddings & More By Mary

    Location Insight

    • Map
    • Local Demand
    City
    Winter Haven
    County
    Polk
    State
    Florida
    Longitude
    -81.7265001
    Latitude
    28.0157231

    Nearby Similar for Sale

    • New
      $575,000
      Pending

      Winter Haven Mixed-Use Commercial Property

      Move-in ready Winter Haven property suitable for offices or retail.
      700 Avenue B SW, Winter Haven, FL 33880
      View Details
    • $549,900
      Pending

      Winter Haven Mixed-Use Commercial Property

      Prime commercial property with high visibility in Winter Haven, Florida.
      3001 Cypress Gardens Rd, Winter Haven, FL 33884
      View Details
    • $217,000
      1,190 SF

      Winter Haven Mixed-Use Opportunity

      Updated mixed-use property in Winter Haven's Medical District.
      104 Avenue K NE, Winter Haven, FL 33881
      View Details
    • $526,889
      2,300 SF

      Prime Retail Storefront in Winter Haven

      High-visibility retail space in Winter Haven's commercial corridor.
      632 1St St S, Winter Haven, FL 33880
      View Details
    • $1,200,000
      1,200 SF

      Pool Business Opportunity on US 92

      Pool business with high visibility on US 92 in Winter Haven.
      2999 Us Highway 92, Winter Haven, FL 33881
      View Details
    • New
      $298,000
      2,302 SF

      Corner Commercial Building in Winter Haven

      Versatile commercial building with high visibility and flexible space.
      2595 Avenue G NW, Winter Haven, FL 33880
      View Details
    • New
      $369,000
      3,600 SF

      Winter Haven Assembly Building For Sale

      Turn-key assembly building on 0.73 acres in Winter Haven.
      1920 40Th St NW, Winter Haven, FL 33881
      View Details
    • $745,000
      4,325 SF

      Downtown Winter Haven Commercial Building

      Versatile commercial building in a growing downtown district.
      155 Avenue B SW, Winter Haven, FL 33880
      View Details
    • $599,000
      3,796 SF

      Prime Downtown Retail Opportunity

      Corner property in Winter Haven's bustling downtown area.
      600 Avenue B NW, Winter Haven, FL 33881
      View Details
    • $298,111
      1,320 SF

      Winter Haven Commercial Office Building

      1,320 sq ft commercial office building in Winter Haven.
      524 1St St S, Winter Haven, FL 33880
      View Details
    • $3,500,000
      7,440 SF

      Turnkey Tire Center & Auto Repair

      Profitable, fully equipped tire center and auto repair shop for sale.
      304 Avenue E SW, Winter Haven, FL 33880
      View Details
    • $419,900
      2,510 SF

      Redesigned Office Buildings Near Downtown

      Two remodeled office buildings close to downtown, shopping, and retail.
      737 W Central Ave, Winter Haven, FL 33880
      View Details

    FAQs

    What type of property is this?
    Storefront property - High-visibility retail/office space in Winter Haven's commercial corridor.
    Where is this storefront property located?
    The property is located at 632 1St St S Winter Haven, FL.
    What is the asking price?
    The asking price for this property is $526,889.
    What are key features of this property?
    This property features: - High-visibility location on a high-traffic main road in Winter Haven's active commercial corridor; - Versatile 2,300± sq. ft. interior layout suitable for retail, office, or mixed-use operations; - Zoned C-3, allowing for a variety of business uses
    (863) 370-1786
    Request Owner's contact information
    632 1St St S Winter Haven, FL 33880
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    632 1St St S
    Winter Haven, FL 33880
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    632 1St St S Winter Haven, FL 33880
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Tina Heim, Pa
    Real Estate License ID: 3297879
    (863) 370-1786 (863) 577-1234
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!