Back to Search

Terra Hill Estates Multifamily Community

3135 Woodhill Rd, Winter Haven, FL 33881

View on Map

For Sale

Contact for pricing

Low-density multifamily community with value-add potential in Winter Haven.

Type:Multifamily

HighLights

Value‑add opportunity: 62% of units in classic condition, renovate for rent growth.
Immediate NOI upside: Convert non‑revenue unit into leasable space, generating $18,000 annually.
Low‑density community offers a resident‑style living experience, supporting tenant retention.
Competitive pricing discount to newly delivered Class A product, capturing rent growth and maintaining occupancy.
Strong workforce housing fundamentals in the Winter Haven/Lakeland corridor.
Sustained population and employment growth underpinning long‑term rental demand.

We can help!

Listing Contact

Matthew W. Prozzillo

Learn more

For Sale

Contact for pricing

Low-density multifamily community with value-add potential in Winter Haven.

Type:Multifamily

Added:: Apr 3, 2026
Days on Market:: 71
Last Refresh:: Apr 3 at 5:05 am

Property Features for 3135 Woodhill Rd

General Information

Standard status: Active
Property subtype: Multifamily

We can help!

Listing Contact

Matthew W. Prozzillo

Listing agent Matthew W. Prozzillo License #FL: SL3348085

Listing office Orlando Office

Listing date Apr 3, 2026

Source Marcusmillichap

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 Orlando Office

HighLights

Value‑add opportunity: 62% of units in classic condition, renovate for rent growth.
Immediate NOI upside: Convert non‑revenue unit into leasable space, generating $18,000 annually.
Low‑density community offers a resident‑style living experience, supporting tenant retention.
Competitive pricing discount to newly delivered Class A product, capturing rent growth and maintaining occupancy.
Strong workforce housing fundamentals in the Winter Haven/Lakeland corridor.
Sustained population and employment growth underpinning long‑term rental demand.

Overview

Terra Hill Estates is a low-density residential community designed to foster resident retention, reduce turnover costs, and maintain stable operating performance compared to traditional multifamily properties. A value-add strategy has been implemented, with approximately 62% of the units remaining in their original condition. This presents an opportunity for continued rent growth through unit-by-unit renovations. The property offers immediate net operating income (NOI) upside through the conversion of a non-revenue unit into leasable space, potentially generating an estimated $18,000 in additional annual income with minimal capital investment. Following renovations, the property is expected to maintain a pricing advantage over newly constructed Class A properties, allowing it to capture rent growth while sustaining strong occupancy rates. This positioning enhances demand across market cycles. The property benefits from workforce housing fundamentals within the Winter Haven/Lakeland corridor, an area experiencing population and employment growth. These factors support long-term rental demand, income growth, and asset appreciation.

Location Intelligence

Current Use by Public Records

Woodhill Estates Apartments Apartment Building

Suggested Use

Location Insight

Map
Local Demand

City: Winter Haven
County: Polk
State: Florida
Longitude: -81.767694
Latitude: 28.0333419

Nearby Similar for Sale

$2,500,000

2,213 SF

Turnkey Restaurant on Cypress Gardens

Fully renovated restaurant on one acre in Winter Haven, Florida.

7350 CYPRESS GARDENS BOULEVARD, WINTER HAVEN, FL 33884

View Details
$575,000

2,115 SF

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
$345,000

2,249 SF

Duplex with Two Tenant Units

Two tenant-occupied rental units on a 0.36-acre lot, each with central air and washer/dryer plumbing.

3520 AVENUE V NW, WINTER HAVEN, FL 33881

View Details
$2,600,000

900 SF

Winter Haven Multi-Family Investment

Income-producing property with 17 units in Winter Haven, Florida.

2300 CANNON TERRACE NW, WINTER HAVEN, FL 33881

View Details
$288,000

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
$750,000

1,200 SF

Pool Business on US 92

Pool business with frontage on US 92 in Winter Haven.

2999 US HIGHWAY 92, WINTER HAVEN, FL 33881

View Details
$455,000

1,944 SF

Winter Haven Duplex Investment Opportunity

Well-maintained duplex in Winter Haven with two 3-bedroom units.

1830 2ND STREET NW, WINTER HAVEN, FL 33881

View Details
$1,479,999

4,088 SF

Winter Haven Restaurant Opportunity

Established sports bar and restaurant in growing Winter Haven, Florida.

1708 6TH STREET SE, WINTER HAVEN, FL 33880

View Details
$209,000

1,190 SF

Updated Office and Live-Work Space

Updated concrete block building with flexible MX zoning for an office, medical suite, or combined live-work use.

104 AVENUE K NE, WINTER HAVEN, FL 33881

View Details
$900,000

3,600 SF

Downtown Winter Haven Office Buildings

Two office buildings in a premier downtown Winter Haven location.

151 1ST S STREET, WINTER HAVEN, FL 33880

View Details
$399,000

2,510 SF

Redesigned Office Buildings Near Downtown

Two remodeled office buildings close to downtown, shopping, and retail.

737 W CENTRAL AVENUE, WINTER HAVEN, FL 33880

View Details
$440,000

3,015 SF

Tenant-Occupied Multifamily Income Property

Tenant-occupied residential income property sold as-is, subject to lender approval.

724 W CENTRAL AVENUE, WINTER HAVEN, FL 33880

View Details

For sale
Apartment buildings
FL
Winter Haven
33881
3135 Woodhill Rd

What type of property is this?

Apartment building - Low-density multifamily community with value-add potential in Winter Haven.

Where is this apartment building located?

The property is located at 3135 Woodhill Rd Winter Haven, FL.

What are key features of this property?

This property features: Value‑add opportunity: 62% of units in classic condition, renovate for rent growth.; Immediate NOI upside: Convert non‑revenue unit into leasable space, generating $18,000 annually.; Low‑density community offers a resident‑style living experience, supporting tenant retention.