Retail-Flex Building with Ramped
632 1ST Street S Winter Haven, FL 33880
632 1ST Street S, Winter Haven, FL, 33880
$457,465
For Sale
$457,465
SINGLE_FAMILY - WINTER HAVEN, FL
Property Size2,300 SF
Lot Size0.14 Acres
Price / SF$198.90
Days on Market560
Property Features for 632 1ST Street S
General Information
- Property type
- Residential
- Property subtype
- Retail
- Zoning
- RP
- Standard status
- Active
- APN
- 26-28-28-616500-000230
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Description
- DANIELS SUB PB 33 PG 8 LOT 23 LESS R/W ON SR #557
- Tax Annual Amount
- 2255
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1953
- Building materials
- Block, Stucco, Frame
- Roof type
- Shingle
Listing agency
KELLER WILLIAMS REALTY SMART
(863) 577-1234
Listed by
Chris Renfro · License #3425065
(407) 467-5760
Added: Jan 7, 2025 Updated: Jul 15 at 9:48PM Checked: Jul 21 at 8:06PM
MLS# L4949801
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.
Investment Insights
Based on property information with market context.
This retail-flex commercial building offers a flexible layout with open work or display areas, additional storage space, two restrooms, and central air conditioning. Ramped access supports accessibility, and on-site parking is included. The building is described as approximately 2,300+/- square feet, and inventory, refrigeration, shelving, racking, and trade fixtures are not included in the sale unless separately negotiated.
The offering must be purchased together with 524 1st St S, Winter Haven, FL 33880, which includes an additional 1,320+/- square foot office/medical-style building. The properties will not be sold separately. The listing notes the location is in a visible Winter Haven commercial corridor.
Zoning is listed as RP, and the public remarks also reference C-3, with potential to support a variety of retail and related commercial uses subject to buyer verification and municipal approval. Buyer is responsible for independently verifying square footage, permitted uses, condition, accessibility, and all other information.
The offering must be purchased together with 524 1st St S, Winter Haven, FL 33880, which includes an additional 1,320+/- square foot office/medical-style building. The properties will not be sold separately. The listing notes the location is in a visible Winter Haven commercial corridor.
Zoning is listed as RP, and the public remarks also reference C-3, with potential to support a variety of retail and related commercial uses subject to buyer verification and municipal approval. Buyer is responsible for independently verifying square footage, permitted uses, condition, accessibility, and all other information.
Key Highlights
- 2,300+/- SF commercial building in a visible Winter Haven commercial corridor
- Flexible retail/flex‑style layout with open work/display areas and storage plus 2 restrooms
- Ramped access, on‑site parking, central heating and central air conditioning
Local 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 5.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$552.7K
$483.6K – $644.8K
NOI $38,690 @ 7.0% cap · market cap 8.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Health Food Center ...
Specialty Food Shop
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Retail-flex building with open work/display areas, storage, two restrooms, central air, ramped access, and on-site parking.
Where is this retail space located?
The property is located at 632 1ST Street S Winter Haven, FL.
What is the asking price?
The asking price for this property is $457,465.
What are key features of this property?
This property features: 2,300+/- SF commercial building in a visible Winter Haven commercial corridor; Flexible retail/flex‑style layout with open work/display areas and storage plus 2 restrooms; Ramped access, on‑site parking, central heating and central air conditioning
