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    1603 3Rd St Winter Haven, FL 33880

    Sponsored
    For Sale
    $2,800,000

    Prime Retail Redevelopment Opportunity in Florida.

    Property size:
    3,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Class A shopping center presents a compelling redevelopment opportunity in the thriving Winter Haven, Florida market. Located at 1603 3rd St SW, this 3,800 square foot property sits on a 0.65-acre lot (APN: 32-28-26-646500-000082) and offers fee simple ownership. The single-story building, slated for completion in late 2025, boasts three units and is zoned for commercial use. With a total square footage of 3,800 net rentable square feet, the asking price is $2,800,000, translating to $736.84 per square foot. Its strategic location near Highway 17, just past Cypress Gardens Boulevard and adjacent to AutoZone, ensures high visibility and accessibility. The property's design lends itself to various retail uses, including the potential for a quick-service restaurant with a drive-thru, capitalizing on the high traffic volume in this established commercial corridor. This is an ideal investment for developers seeking a prime location with strong growth potential in a bustling Florida market. The property is situated in Polk County, Florida, zip code 33880. This is a rare opportunity to acquire a brand-new, strategically located retail center in a high-demand area.

    Property Features for 1603 3Rd St

    General Information

    Property type
    Lifestyle centers
    Square Feet
    3,800 SF
    Class
    A
    Lot Size
    28,314 SF

    Building Details

    Buildings
    1
    Stories
    1
    Units
    3

    HighLights

    • $2,800,000 asking price for this Class A retail shopping center.
    • 3,800 square feet on a 0.65‑acre lot in Winter Haven, Florida.
    • New construction, slated for completion in late 2025.
    • Three units available, ideal for retail or quick‑service restaurant (QSR) with drive‑thru potential.
    • Located on 3rd St SW near major retailers and Hwy 17, offering high visibility.
    • Fee simple ownership.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Winter Haven
    County
    Polk
    State
    Florida
    Longitude
    -81.7311788
    Latitude
    28.0060019

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Retail Redevelopment Opportunity in Florida.
    Where is this lifestyle center located?
    The property is located at 1603 3Rd St Winter Haven, FL.
    What is the asking price?
    The asking price for this property is $2,800,000.
    What are key features of this property?
    This property features: $2,800,000 asking price for this Class A retail shopping center.; 3,800 square feet on a 0.65-acre lot in Winter Haven, Florida.; New construction, slated for completion in late 2025.
    Request Owner's contact information
    1603 3Rd St 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
    1603 3Rd St Winter Haven, FL 33880
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