Victorian Home with Wraparound
For Sale
Contact for pricing
555 East Stanford Street, Bartow, FL 33830
A renovated 1906 Victorian property with extensive lodging/office-ready interiors and a large wraparound porch.
Property Size8,914 SF
Price / SF$111.62
Days on Market177
Property Features for 555 East Stanford Street
General Information
Standard status
Active
Size
8,914 SF
Property subtype
Office
Zoning
R-3. City of Bartow
Building Details
Year Built
1906
Buildings
3
Listing Agency:
Saunders Real Estate
Listed By:
Craig Morby · License #SL3152384
(863) 581-0059
Source:
Crexi
Added: Mar 13
Changed: Aug 27
Last Checked: Sep 3 at 3:31AM
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 Saunders Real Estate
Investment Insights
Based on property information with market context.
Built in 1906, this extensively renovated Victorian-style property has been used as a bed & breakfast and tea house, and more recently as Hope House and “My Girl.” Approximately 5,776 SF under air includes multiple living areas such as a front sitting room, formal living and dining rooms, a private office, and an updated kitchen with modern cabinetry, appliances, counter bar, and separate dining area. The main level also features a large primary suite with fireplace and ensuite bath. Upstairs offers a loft/flex space plus five additional bedrooms, each with its own character, fireplace, and ensuite bathroom.
The property includes a grand wraparound, approximately 1,500 SF porch for gatherings, meetings, or events. Additional improvements comprise a 1,000 SF two-story guest house built in 2022 with 1 bedroom, 1 bath, and loft, plus a 500 SF air-conditioned flex building suited for office, gym, or media room. A large pool, seven fireplaces, wainscoting, crown molding, some original wood floors, transom windows, and French doors add to the historic character.
Zoned R-3 in the City of Bartow, the reported permitted uses extend beyond residential, including options such as Airbnb, traditional bed and breakfast/guesthouse, group home, family care home, hospice, rehab, and professional office uses.
The property includes a grand wraparound, approximately 1,500 SF porch for gatherings, meetings, or events. Additional improvements comprise a 1,000 SF two-story guest house built in 2022 with 1 bedroom, 1 bath, and loft, plus a 500 SF air-conditioned flex building suited for office, gym, or media room. A large pool, seven fireplaces, wainscoting, crown molding, some original wood floors, transom windows, and French doors add to the historic character.
Zoned R-3 in the City of Bartow, the reported permitted uses extend beyond residential, including options such as Airbnb, traditional bed and breakfast/guesthouse, group home, family care home, hospice, rehab, and professional office uses.
Key Highlights
- 1906 Victorian home with approx. 5,776 SF under air, previously operated as a bed & breakfast and tea house
- Zoned R‑3 (City of Bartow) with lodging and commercial‑style uses allowed, including Airbnb, guesthouse, group/family care, hospice, and rehab
- Wraparound porch approx. 1,500 SF, plus a grand foyer and multiple living spaces including formal living and dining rooms
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$51,420
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.17%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,028,400
$1.0M
Cap Rate 7%
$734,571
$734.6K
Cap Rate 9%
$571,333
$571.3K
Market Conditions
NOI Build-Up for 8,914 SF
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.
Gross rent
$123.0K $13.80/SF
− Vacancy
−$14.8K −$1.66/SF
EGI
$108.3K $12.14/SF
− OpEx
−$56.8K −$6.38/SF
NOI
$51.4K $5.77/SF
Area
Polk County, FL
Vacancy
12.00%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,028,400
Cap Rate 7%
$734,571
Cap Rate 9%
$571,333
Alternative Uses
Best Use
Hotel Hospitality
$734.6K
$642.8K – $857.0K
NOI $51,420 @ 7.0% cap · market cap 5.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.14M
$1.87M – $2.50M
NOI $149,948 @ 7.0% cap · market cap 15.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
921
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33830, FL
29,926
Population
11,989
Households
2.5
Avg Household Size
38
Median Age
18%
College-Educated
85%
High-School Grad
120.5 sq mi
ZIP Area
248
Density / Sq Mi
$62,636
Median Household Income
$37,078
Median Earnings
$1,017
Median Rent
$207,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Bed & breakfast - A renovated 1906 Victorian property with extensive lodging/office-ready interiors and a large wraparound porch.
Where is this bed & breakfast located?
The property is located at 555 East Stanford Street Bartow, FL.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 1906 Victorian home with approx. 5,776 SF under air, previously operated as a bed & breakfast and tea house; Zoned R‑3 (City of Bartow) with lodging and commercial‑style uses allowed, including Airbnb, guesthouse, group/family care, hospice, and rehab; Wraparound porch approx. 1,500 SF, plus a grand foyer and multiple living spaces including formal living and dining rooms
