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Winter Haven Commercial Office Building

524 1ST S STREET, Winter Haven, FL 33880

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For Sale

$298,111

1,320 sq ft commercial office in Winter Haven.

Type:Commercial/Industrial

Property size:

1,320 SF

Lot size:

0.23 Acres

Price / SF:

$225/SF

HighLights

High‑visibility location in the heart of Winter Haven with high daily traffic.
Zoned CC‑3, suitable for a wide range of professional, medical, or general commercial applications.
Well‑designed interior layout featuring three private offices, reception/waiting area, and kitchen/break area.
ADA‑compliant access with ramped entry points at both doors.
Well‑maintained parking lot for clients and staff.
Opportunity to purchase adjacent commercial property at 632 1st St S, Winter Haven, FL 33880 (MLS# L4949801).

We can help!

Listing Contact

Chris Renfro

For Sale

$298,111

1,320 sq ft commercial office in Winter Haven.

Type:Commercial/Industrial

Property size:

1,320 SF

Lot size:

0.23 Acres

Price / SF:

$225/SF

Added:: Jan 8, 2025
Days on Market:: 528
Last Refresh:: May 20 at 1:59 am

Property Features for 524 1ST S STREET

General Information

Standard status: Active
Size: 1,320 SF
Lot size: 0.23 Acres
Property subtype: Commercial/Industrial

Building Details

Year Built: 1942

We can help!

Listing Contact

Chris Renfro

Listing agent Chris Renfro License #3425065

Listing office KELLER WILLIAMS REALTY SMART

Listing date Jan 8, 2025

Source Exitrealty

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All listing content including descriptions, pricing, images are the copyrighted material of KELLER WILLIAMS REALTY SMART

HighLights

High‑visibility location in the heart of Winter Haven with high daily traffic.
Zoned CC‑3, suitable for a wide range of professional, medical, or general commercial applications.
Well‑designed interior layout featuring three private offices, reception/waiting area, and kitchen/break area.
ADA‑compliant access with ramped entry points at both doors.
Well‑maintained parking lot for clients and staff.
Opportunity to purchase adjacent commercial property at 632 1st St S, Winter Haven, FL 33880 (MLS# L4949801).

Overview

This commercial office building offers approximately 1,320 sq. ft. of space and is located in Winter Haven. The property is zoned CC-3 and currently used for medical purposes, offering flexibility for professional, medical, or general commercial applications. The layout includes three private offices, a reception and waiting area, and a kitchen/break area. Accessibility features include ramped entry points at both doors and ADA-compliant access. A parking lot accommodates clients and staff. The property is offered in conjunction with another adjacent commercial property. This property offers visibility, versatility, and long-term investment potential.

Local Financial Insights For Healthcare Medical

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$30.9k	$23.40
− Vacancy	−$3.2k	−$2.46
EGI	$27.6k	$20.94
− OpEx	−$11.1k	−$8.38
NOI	$16.6k	$12.57

1,320 SF · lease $23.40/SF/yr · vacancy 10.50% · expense 40.00%

Alternative Uses

Best Use

Healthcare Medical

$237.0K

$207.3K – $276.5K (±1% cap)

NOI $16,587 @ 7.0% cap · market cap 5.56%

Second Best

Office B

$231.7K

$202.7K – $270.3K (±1% cap)

NOI $16,216 @ 7.0% cap · market cap 5.44%

Theoretical Best

Office A

$317.2K

$277.6K – $370.1K (±1% cap)

NOI $22,205 @ 7.0% cap · market cap 7.45%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Kenemuth Acupuncture-Wellness Medical Clinic Cypress Laser Stop ... Physician

Suggested Use

Location Insight

Map
Local Demand

City: Winter Haven
County: Polk
State: Florida
Longitude: -81.7265
Latitude: 28.0159

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For sale
Medical Office Space
FL
Winter Haven
33880
524 1ST S STREET

What type of property is this?

Medical Office Space - 1,320 sq ft commercial office in Winter Haven.

Where is this medical office space located?

The property is located at 524 1ST S STREET Winter Haven, FL.

What is the asking price?

The asking price for this property is $298,111.

What are key features of this property?

This property features: High‑visibility location in the heart of Winter Haven with high daily traffic.; Zoned CC‑3, suitable for a wide range of professional, medical, or general commercial applications.; Well‑designed interior layout featuring three private offices, reception/waiting area, and kitchen/break area.