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Remodeled Office Building

334 1ST ST S WINTER HAVEN FL, Winter Haven, FL 33880

For Sale
$359,900

Commercial Sale, WINTER HAVEN, FL

Property Size1,184 SF
Lot Size0.13 Acres
Price / SF$303.97
Days on Market85

Property Features for 334 1ST ST S WINTER HAVEN FL

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1
Parking features Driveway
View City
Directions Take 540 Cypress Gardens Blvd to 1st Street South and turn North to Property.
Standard status Active
APN 26-28-28-609500-000100
Size 1,184 SF
Lot size 0.13 Acres

Taxes and HOA fees

Tax Annual Amount 3299

Utilities

Heating system Electric (Heating)
Water source Public

Building Details

Year built 1926
Flooring type Laminate
Building materials Masonite
Roof type Asphalt
Listing Agency: Hut Team Realty LLC
Listed By: Daniel Hut · License FL #3417570
Added: Aug 20 Changed: Oct 22 Last Checked: Nov 12 at 7:06PM
MLS# 11941661

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 1,184-square-foot office building, constructed in 1926, has been extensively updated for professional occupancy. The layout includes six private office suites, a reception and work area, and one ADA-compliant bathroom. Improvements include laminate flooring, energy-efficient windows, new interior and exterior paint, an updated restroom, and a front accessibility ramp. The property also has Masonite construction, an asphalt roof, electric heating, and public water service.

Set within Downtown Winter Haven’s business district, the building fronts a city street with opportunities for business signage. Rear parking accommodates approximately 5–8 vehicles, depending on configuration. The property is in Flood Zone X and is located minutes from government offices, restaurants, shopping, and the Downtown Winter Haven corridor.

Key Highlights

  • 1,184‑square‑foot office building on 0.13 acres
  • Six private office suites with reception and work area
  • Updated ADA‑compliant bathroom and front accessibility ramp

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,380
Cap Rate
4.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$327,600 $327.6K
Cap Rate 7%
$234,000 $234.0K
Cap Rate 9%
$182,000 $182.0K
Market Conditions
NOI Build-Up for 1,184 SF
Gross rent
$26.0K $21.96/SF
− Vacancy
−$4.2K −$3.51/SF
EGI
$21.8K $18.45/SF
− OpEx
−$5.5K −$4.61/SF
NOI
$16.4K $13.83/SF
Area
Polk County, FL
Vacancy
16.00%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$327,600
Cap Rate 7%
$234,000
Cap Rate 9%
$182,000

Alternative Uses

Best Use
Office B
$234.0K
$204.8K – $273.0K (±1% cap)
NOI $16,380 @ 7.0% cap · market cap 4.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$302.3K
$264.5K – $352.7K (±1% cap)
NOI $21,163 @ 7.0% cap · market cap 5.88%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick Furniture & Home Goods Veterinary Clinic Storage Facility Butcher Pet Grooming Service Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Office units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,786
Businesses Nearby

Demographics for 33880, FL

42,005
Population
17,055
Households
2.5
Avg Household Size
38
Median Age
17%
College-Educated
84%
High-School Grad
32.4 sq mi
ZIP Area
1,296
Density / Sq Mi
$56,803
Median Household Income
$35,051
Median Earnings
$1,128
Median Rent
$200,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Office buildings in Polk County, FL

$342 Jul
$298 Aug
$299 Sep
$310 Oct

Properties on Market for Office buildings in Polk County

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office building - Updated professional office property with private suites, ADA access, and rear vehicle parking.
Where is this office building located?
The property is located at 334 1ST ST S WINTER HAVEN FL Winter Haven, FL.
What is the asking price?
The asking price for this property is $359,900.
What are key features of this property?
This property features: 1,184‑square‑foot office building on 0.13 acres; Six private office suites with reception and work area; Updated ADA‑compliant bathroom and front accessibility ramp
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