Prime Retail Storefront in Winter
For Sale
$506,889
632 1ST S STREET, Winter Haven, FL 33880
High-visibility retail/office space in Winter Haven's commercial corridor.
Property Size2,300 SF
Lot Size0.14 Acres
Price / SF$220.39
Days on Market573
Property Features for 632 1ST S STREET
General Information
Standard status
Active
Size
2,300 SF
Lot size
0.14 Acres
Property subtype
Commercial/Industrial
Building Details
Year Built
1953
Listing Agency:
KELLER WILLIAMS REALTY SMART
(407) 467-5760
Listed By:
Chris Renfro · License #3425065
(407) 467-5760
Source:
Exitrealty
Added: Jan 8, 2025
Changed: Jul 10
Last Checked: May 20 at 1:52AM
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 KELLER WILLIAMS REALTY SMART
Investment Insights
Based on property information with market context.
This 2,300± sq. ft. retail storefront is located in Winter Haven’s active commercial corridor, offering visibility and accessibility. Situated along a high-traffic main road, the property benefits from strong daily exposure. The building features a double-glass entry, a versatile interior layout with multiple work or display areas, and two bathrooms, including one ADA-compliant. Ramped entry points and ample on-site parking are available. The exterior is clean and professional. Zoned C-3, this space is suitable for various business uses, including boutique retail, professional offices, or service-based operations. This property is offered in conjunction with 524 1st St S, Winter Haven, FL 33880. It is positioned as an investment or owner-user opportunity in Winter Haven’s growing business district.
Key Highlights
- High‑traffic location on a main road, providing exceptional visibility.
- Versatile 2,300 sq. ft. interior suitable for retail, office, or mixed‑use.
- Ample on‑site parking and inviting double‑glass entry.
Financial Insights For Retail
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 | $40.0k | $17.40 |
| − Vacancy | −$3.1k | −$1.36 |
| EGI | $36.9k | $16.04 |
| − OpEx | −$11.1k | −$4.81 |
| NOI | $25.8k | $11.23 |
2,300 SF · lease $17.40/SF/yr · vacancy 7.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$369.0K
$322.9K – $430.5K
NOI $25,829 @ 7.0% cap · market cap 5.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$552.7K
$483.6K – $644.8K
NOI $38,690 @ 7.0% cap · market cap 7.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,767
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Storefront property - High-visibility retail/office space in Winter Haven's commercial corridor.
Where is this storefront property located?
The property is located at 632 1ST S STREET Winter Haven, FL.
What is the asking price?
The asking price for this property is $506,889.
What are key features of this property?
This property features: High‑traffic location on a main road, providing exceptional visibility.; Versatile 2,300 sq. ft. interior suitable for retail, office, or mixed‑use.; Ample on‑site parking and inviting double‑glass entry.
