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    1020 5Th St Winter Haven, FL 33880

    For Sale
    $550,000

    Class A Medical Office, Vacant, $550,000

    Property size:
    1,785 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional Class A medical office building, located at 1020 5th St SE in Winter Haven, Florida, presents a unique investment opportunity. The 1,785 square foot, single-story building is currently vacant and ready for immediate occupancy. Previously used as a dentist's office, the space is in excellent condition and offers move-in readiness, with the option to retain existing furniture. Its prime location on a sought-after medical row in Winter Haven ensures high visibility and accessibility for patients. The property includes an existing monument sign, enhancing its marketing potential. The asking price is $550,000, translating to $308.12 per square foot. This represents a compelling opportunity for medical professionals seeking to establish or expand their practice in a thriving community. The building's net rentable area is 1,785 square feet, providing ample space for a variety of medical uses. Situated in Polk County, Florida, with a zip code of 33880, this property offers a strategic location within a well-established medical corridor. The building's vacant status allows for complete customization to suit the needs of the new owner. This is a rare opportunity to acquire a turnkey medical office building in a desirable location.

    Property Features for 1020 5Th St

    General Information

    Property type
    Medical offices
    Square Feet
    1,785 SF
    Class
    A

    HighLights

    • $550,000 asking price for a vacant Class A medical office building.
    • 1,785 square feet of net rentable space.
    • Located at 1020 5th St SE, Winter Haven, FL 33880.
    • $308.12 per square foot.
    • Currently vacant.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dr. John L. ... Dentist Mahan Kim Dentist Dr. Russell Hamarnah Dentist Ricardo Carrillo Dentist

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Winter Haven
    County
    Polk
    State
    Florida
    Longitude
    -81.7202876
    Latitude
    28.0118284

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    FAQs

    What type of property is this?
    Medical office - Class A Medical Office, Vacant, $550,000
    Where is this medical office located?
    The property is located at 1020 5Th St Winter Haven, FL.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: $550,000 asking price for a vacant Class A medical office building.; 1,785 square feet of net rentable space.; Located at 1020 5th St SE, Winter Haven, FL 33880.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1020 5Th St Winter Haven, FL 33880
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