Office Property with On-Site
700 AVENUE B SW Winter Haven, FL 33880
700 AVENUE B SW, Winter Haven, FL, 33880
$575,000
For Sale
$575,000
Move-in ready office property zoned RP, with multiple work areas, break room kitchen, and on-site parking for at least 14 vehicles.
Property Size2,227 SF
Price / SF$258.19
Days on Market255
Property Features for 700 AVENUE B SW
General Information
- Standard status
- Active
- Size
- 2,227 SF
- Property subtype
- Office
Building Details
- Year Built
- 1950
Listing Agency
CENTURY 21 MYERS REALTY
(863) 875-5656
Listed by
Claudette Biaggi · License #3601609
Source
Xome
Added: Nov 5, 2025 Checked: Jul 18 at 4:00 am
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 CENTURY 21 MYERS REALTY
Investment Insights
Based on property information with market context.
Move-in ready office property available for sale, currently under contract with backup offers accepted. The interior features two private offices, three large open work areas, and a break room with a full kitchen. The space includes three restrooms and ample storage, with accessibility features throughout.
Zoned RP (Residential-Professional), the property provides flexibility for professional offices, medical or wellness practices, studios, or light retail. On-site parking accommodates at least 14 vehicles, and the building has existing signage for visibility. The property is within the Winter Haven CRA district boundaries and is located just minutes from Downtown Winter Haven, major hospitals, dining, and major roadways.
Zoned RP (Residential-Professional), the property provides flexibility for professional offices, medical or wellness practices, studios, or light retail. On-site parking accommodates at least 14 vehicles, and the building has existing signage for visibility. The property is within the Winter Haven CRA district boundaries and is located just minutes from Downtown Winter Haven, major hospitals, dining, and major roadways.
Key Highlights
- Move‑in ready office property zoned RP (Residential‑Professional) in the Winter Haven CRA district boundaries
- Layout includes 2 private offices, 3 large open work areas, and a break room with a full kitchen
- 3 restrooms plus ample storage throughout the building
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 | $52.1k | $23.40 |
| − Vacancy | −$5.5k | −$2.46 |
| EGI | $46.6k | $20.94 |
| − OpEx | −$18.7k | −$8.38 |
| NOI | $28.0k | $12.57 |
2,227 SF · lease $23.40/SF/yr · vacancy 10.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$399.8K
$349.8K – $466.4K
NOI $27,984 @ 7.0% cap · market cap 4.87%
Second Best
Office B
$390.8K
$342.0K – $456.0K
NOI $27,359 @ 7.0% cap · market cap 4.76%
Theoretical Best
Office A
$535.2K
$468.3K – $624.4K
NOI $37,462 @ 7.0% cap · market cap 6.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
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FAQs
What type of property is this?
Office building - Move-in ready office property zoned RP, with multiple work areas, break room kitchen, and on-site parking for at least 14 vehicles.
Where is this office building located?
The property is located at 700 AVENUE B SW Winter Haven, FL.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Move‑in ready office property zoned RP (Residential‑Professional) in the Winter Haven CRA district boundaries; Layout includes 2 private offices, 3 large open work areas, and a break room with a full kitchen; 3 restrooms plus ample storage throughout the building
