3135 Woodhill Rd Winter Haven, FL 33881
Low-density multifamily community with value-add potential in Winter Haven.
Type:Multifamily
- Added:
- Apr 3, 2026
- Days on Market:
- 25
- Last Refresh:
- Apr 3 at 5:05 am
Property Features for 3135 Woodhill Rd
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Listing agent Matthew W. Prozzillo License #FL: SL3348085 (407) 557-3888
Listing office Orlando Office (407) 557-3888
Listing date Apr 3, 2026
Source Marcusmillichap
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Overview
Terra Hill Estates Multifamily Community
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
Location Insight
- Map
- Local Demand
- City
- Winter Haven
- County
- Polk
- State
- Florida
- Longitude
- -81.767694
- Latitude
- 28.0333419
Nearby Similar for Sale
FAQs
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.
