Property summary
This exceptional investment opportunity presents a two-building, multifamily property located at 601 Avenue B NW, Winter Haven, Florida, 33881. The property, situated on a 0.1-acre lot (APN 262829628000000010), boasts a total of 3,796 square feet of net rentable space, spread across two stories. Built in 1949 and extensively renovated in 2018, this Class C property offers three units and is zoned BR, allowing for versatile usage. Currently configured as a high-end spa, the property's prime downtown location at the intersection of Avenue B NW, Pope Avenue, and 6th Street NW (Highway 17) ensures exceptional visibility and accessibility. The asking price is $699,000, translating to $184.14 per square foot. This represents a compelling opportunity for investors seeking a well-maintained, multi-use property in a thriving downtown area. The property's recent renovations and strategic location combine to offer significant potential for strong rental income and future appreciation. This is a rare chance to acquire a well-positioned asset in the heart of Winter Haven's bustling commercial district. The property's history and recent upgrades create a unique blend of classic charm and modern functionality, making it an attractive investment for discerning buyers.
Property profile
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store Cosmetic Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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