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Property profile & analytics
FOR SALE
Office buildings

151 1St St S Winter Haven, FL 33880

3,600 SF Built 1983
Individually Owned
Property ID
US18-5501903
Property summary
AI-generated overview

Incredible opportunity to own 2 office buildings totaling 3600 sq. ft. of office space in a premier highly desired location of downtown Winter Haven. Current traffic count AADT 28,500 for amazing exposure for any business. This property is currently zoned commercial office, the property is also located in a Winter Haven redevelopment area which can offer many benefits to the new owner. The property is also located in a Federal opportunity area which could potentially offer some tax credits as well. The buildings themselves are constructed of concrete block with a flat concrete roof, virtually a concrete bunker, with a hip-style roof added. Both roofs were replaced in March of 2024, w/ Owens Corning shingles, six nails per shingle rated up to 130 mph wind speeds. Underlayment is Roofnado AnchorDeck high temperature peel and stick waterproof barrie, favored by insurance companies reducing premiums. Both roof deckings were also renailed to proper code which will also result in a wind mitigation credit. All A/C units were replaced in March 2024. Buildings feature two 900 sq. ft. office spaces w/ two restrooms, 3 large offices and an open reception area, that could be made into office space as well if needed. Potable water sources, drain systems, and restrooms are located on the perimeter of the building, making it very easy to add sinks to offices to support medical operations. 14 parking spaces are available when accounting for parking in the rear driveway. The east building has a door in-between the offices already making it convenient for one occupant, this could be easily done with the west building as well. Currently both buildings are fully occupied by long term tenants for over 10 years. Schedule a private tour today, do not miss this opportunity.

Property profile
Verified
Property type Office buildings
Year built 1983
Total area 3,600 SF
UPID US18-5501903
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
Current use
Occupant on record · Public records
  • Mercer Insurance Inc Insurance Agency
  • Geric Hemp Investments Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Gray Donald
Gray Donald
since 2026
1 recorded transaction
2026
$100
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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