Property profile

1288 Lake Howard Dr Winter Haven, FL 33880

OFF-MARKET
Land
3.72 ac lot
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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

Location

1288 Lake Howard Dr Winter Haven, FL 33880
Winter Haven metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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