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

    1971 21ST St NW Winter Haven, FL 33881

    View on Map
    Claim this Listing
    New
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $28,236

    Retail spaces available for lease in Winter Haven, Florida.

    Type:Commercial
    Added:
    Apr 24, 2026
    Days on Market:
    4
    Last Refresh:
    Apr 24 at 4:02 pm

    Property Features for 1971 21ST St NW

    General Information

    Standard status
    Active
    Property subtype
    Commercial

    Building Details

    Year Built
    2022

    We can help!

    Listing Contact
    Ozzie Carrerou

    Listing agent Ozzie Carrerou License #332006

    Listing office CARREROU ENTERPRISES, LLC

    Listing date Apr 24, 2026

    Source Elliman

    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 CARREROU ENTERPRISES, LLC

    Overview

    Idylwild Plaza Retail Opportunity

    Idylwild Plaza, located at 1971 21st Street NW, Winter Haven, FL 33881, offers an ideal location with abundant opportunity. Availability is limited. The property has a walk score of 27, indicating car dependence, and a bike score of 43, suggesting it is somewhat bikeable. Spaces are available for lease starting January 2026.
    Location Intelligence

    Current Use by Public Records

    Always Polished Nail ... (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Building Supply Auto Repair Shop Gym & Fitness Center Auto Parts Store Skin Care Clinic Food Market Grocery & Convenience Store Garden Center Discount 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
    -81.728389
    Latitude
    27.940262

    Nearby Similar for Lease

    • $2,495/Mo

      Downtown Winter Haven Office Opportunity

      Prime commercial space in a growing business district.
      511 AVENUE G NW, WINTER HAVEN, FL 33881
      View Details
    • $15 SF/Yr

      Winter Haven Mixed-Use Commercial Space

      Upgraded 5,000 SF mixed-use space near Cypress Gardens Blvd.
      1806 1ST STREET S, WINTER HAVEN, FL 33880
      View Details
    • $2,400/Mo

      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
    • $2.00 SF/Yr

      Winter Haven Retail Space Available

      Recently upgraded 5,000 SF commercial space for lease.
      1806 1ST St S 1, Winter Haven, FL 33880
      View Details
    • $136,500 SF/Yr

      Winter Haven Retail/Restaurant Opportunity

      Renovated plaza with customizable space near downtown Winter Haven.
      504 AVENUE D NW, Winter Haven, FL 33881
      View Details
    • $16,500/Mo

      Prime Retail Space in Winter Haven

      High-visibility retail space near LEGOLAND and Peppa Pig Theme Park.
      3054 CYPRESS GARDENS Rd, Winter Haven, FL 33884
      View Details
    • $29,400 SF/Yr

      Medical Office Sublease Available

      Medical office sublease in downtown Winter Haven with parking.
      250 AVENUE K SW 104, Winter Haven, FL 33880
      View Details
    • Sponsored
      Contact for pricing

      FL, Winter Haven - 3rd St NW

      65 3Rd St, Winter Haven, FL 33881
      View Details
    • $1,800/Mo

      Charming Rehabbed Office Near Downtown

      Warm, inviting office space steps from downtown Winter Haven.
      144 AVENUE B SW, WINTER HAVEN, FL 33880
      View Details
    • $35,295 SF/Yr

      Move-in Ready Professional Office Space

      Professional office space with excellent visibility on First Street.
      1130 1ST St S, Winter Haven, FL 33880
      View Details
    • $14 SF/Yr

      Downtown Winter Haven Flexible Workspace

      Flexible workspace in downtown Winter Haven with modern amenities.
      199 Ave B NW, Winter Haven, FL
      View Details
    • $18,700/Mo

      Downtown Winter Haven Retail Space

      Retail space available in downtown Winter Haven.
      175 AVENUE A NW, WINTER HAVEN, FL 33881
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail spaces available for lease in Winter Haven, Florida.
    Where is this shopping center located?
    The property is located at 1971 21ST St NW Winter Haven, FL.
    What is the lease rate?
    The lease rate is $28,236.
    What are key features of this property?
    This property features: Ideal location with abundant opportunity.; Available for lease now.; New construction (built in 2022).
    (863) 294-2384
    We can help!
    Listing Contact
    Ozzie Carrerou
    Real Estate License ID: 332006
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!