Mixed-Use Property with Paved
For Sale
$800,000
1505 DUNDEE Road, Winter Haven, FL 33884
Commercial Sale, WINTER HAVEN, FL
Property Size2,004 SF
Lot Size10.98 Acres
Price / SF$399.20
Days on Market549
Property Features for 1505 DUNDEE Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C-3
Subdivision
ACREAGE
Directions
DIRECTLY OFF DUNDEE RD, WINTERHAVEN.
Standard status
Active
APN
26-28-27-000000-014050
Size
2,004 SF
Lot size
10.98 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
E 275 FT OF N 330 FT OF W1/2 OF SW1/4 OF NE1/4 LESS THAT PART LYING WITHIN R/W OF STATE ROAD 542
Tax Annual Amount
4347
Legal Description
E 275 FT OF N 330 FT OF W1/2 OF SW1/4 OF NE1/4 LESS THAT PART LYING WITHIN R/W OF STATE ROAD 542
Utilities
Cooling system
Central Air
Building Details
Year built
1975
Floors in Building
1
Listing Agency:
CHARLES RUTENBERG REALTY INC
(727) 538-9200
Listed By:
Sohail Kabiri · License #3352728
(727) 515-1159
Added: Apr 12, 2025
Changed: Oct 5
Last Checked: Oct 12 at 11:06PM
MLS# TB8373653
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use property spans 3 parcels totaling 10.98 acres at 1505 Dundee Road in Winter Haven. The existing 2,004-square-foot building, constructed in 1975, includes a reception area, bathroom, kitchen, office, central air, and paved parking. The roof has been replaced. The commercial parcel carries C-3 zoning, while the two additional lots are designated residential.
The property is positioned at a highly traveled Dundee Road intersection with approximately 16,000 cars per day. Shopping, homes, and commercial offices are located in the surrounding area. An existing satellite lease conveys with the property. The building can support continued use of its current improvements, while the source information also identifies restaurant, radio station, and professional office applications as potential uses.
The property is positioned at a highly traveled Dundee Road intersection with approximately 16,000 cars per day. Shopping, homes, and commercial offices are located in the surrounding area. An existing satellite lease conveys with the property. The building can support continued use of its current improvements, while the source information also identifies restaurant, radio station, and professional office applications as potential uses.
Key Highlights
- 3 parcels totaling 10.98 acres
- 2,004‑square‑foot building with reception area, kitchen, bathroom, and office
- Commercial parcel zoned C‑3; 2 additional lots deemed residential
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,568
Cap Rate
2.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$451,360
$451.4K
Cap Rate 7%
$322,400
$322.4K
Cap Rate 9%
$250,756
$250.8K
Market Conditions
NOI Build-Up for 2,004 SF
Gross rent
$39.7K $19.80/SF
− Vacancy
−$3.6K −$1.78/SF
EGI
$36.1K $18.02/SF
− OpEx
−$13.5K −$6.76/SF
NOI
$22.6K $11.26/SF
Area
Polk County, FL
Vacancy
9.00%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$451,360
Cap Rate 7%
$322,400
Cap Rate 9%
$250,756
Alternative Uses
Best Use
Mixed Use
$322.4K
$282.1K – $376.1K
NOI $22,568 @ 7.0% cap · market cap 2.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$481.6K
$421.4K – $561.8K
NOI $33,710 @ 7.0% cap · market cap 4.21%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
146
Businesses Nearby
Explore this area
Business Placement
Demographics for 33884, FL
34,772
Population
15,876
Households
2.2
Avg Household Size
48
Median Age
29%
College-Educated
92%
High-School Grad
24.9 sq mi
ZIP Area
1,396
Density / Sq Mi
$70,516
Median Household Income
$41,660
Median Earnings
$1,523
Median Rent
$269,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Centrally positioned property combines an existing commercial building with two additional parcels and C-3 zoning on the commercial lot.
Where is this mixed-use property located?
The property is located at 1505 DUNDEE Road Winter Haven, FL.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 3 parcels totaling 10.98 acres; 2,004‑square‑foot building with reception area, kitchen, bathroom, and office; Commercial parcel zoned C‑3; 2 additional lots deemed residential
