524 1ST STREET S, Winter Haven, FL 33880
Mixed Use - WINTER HAVEN, FL
- Added:
- Jan 7, 2025
- Days on Market:
- 531
- Last Refresh:
- Jun 22 at 10:06 am
Property Features for 524 1ST STREET S
General Information
- Property type
- Commercial Sale
- Property subtype
- Mixed Use
- Zoning
- C-3
- Security features
- Security System
- Standard status
- Active
- APN
- 26-28-28-615500-000060
- Size
- 1,320 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Annual Amount
- 3282
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1942
- Building materials
- Frame, Stucco
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Chris Renfro License #3425065 (407) 467-5760
Listing office KELLER WILLIAMS REALTY SMART 218 E. Pine Street, Lakeland, FL (863) 577-1234
Listing date Jan 7, 2025
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.
HighLights
- 1,320± SF commercial office building in Winter Haven with central HVAC and shingle roof
- CC‑3 zoning with existing medical use, suited for a range of professional, medical, or general commercial applications
- Interior layout includes three private offices plus reception and waiting area
- Kitchen/break area and ramped entry points at both doors with ADA‑compliant access
- Well‑maintained parking lot designed to accommodate clients and staff
- Frame and stucco construction; built in 1942
Overview
The building is zoned CC-3 and is offered for sale at 524 1st Street S in Winter Haven, Florida. It is listed separately but also offered in conjunction with an adjacent property at 632 1st St S (MLS# L4949801), with each building priced individually.
For tenants, buyers, or operators seeking an office environment compatible with existing medical use, this configuration supports front-desk reception and multiple enclosed offices while keeping common areas organized for client traffic. For those evaluating the combined opportunity, the adjacency to the neighboring offering may help support needs for additional space or flexible expansion across two commercial parcels under the same general use profile.
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| 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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Winter Haven
- County
- Polk
- State
- Florida
- Longitude
- -81.7265
- Latitude
- 28.015922
