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Property profile & analytics
OFF-MARKET
Land

1288 Lake Howard Dr Winter Haven, FL 33880

3.72 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 3.72-acre lakefront property in Winter Haven, Florida, presents a prime redevelopment opportunity. Located in Polk County, within the rapidly growing Lakeland MSA, this site boasts an R-5 zoning designation, permitting high-density multifamily development—up to 130 units. Its strategic location offers easy access to downtown Winter Haven, I-4, and major employment centers in Lakeland, Orlando, and Tampa Bay, all within a 50-minute drive. Pre-approved plans include 13 boat slips, capitalizing on the desirable lakefront setting. The property benefits from Polk County's significant population growth and a substantial unmet demand for rental housing, creating an ideal environment for a lucrative multifamily development. The existing zoning allows for flexibility in residential offerings, including traditional multifamily, build-to-rent single-family homes, or for-sale units. This is a rare chance to develop in one of Central Florida's most dynamic and sought-after markets. The site's proximity to major transportation arteries and amenities ensures strong appeal to potential residents. This exceptional opportunity combines high-density zoning, lakefront access, and a location within a booming market, making it an attractive investment for developers seeking significant returns.

Property profile
Verified
Property type Land
Lot 3.72 ac (162,043 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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