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Property profile & analytics
OFF-MARKET
Estimated value
$940,000
Office buildings
550 Overlook Dr, Winter Haven, FL 33884
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-4295998
Property summary
AI-generated overview
This exceptional 8.737-acre property in Winter Haven, Florida, presents a unique investment opportunity. The 12,813-square-foot warehouse building sits on land zoned industrial, with a portion designated residential. Located at 550 Overlook Dr, Winter Haven, FL 33884, this property boasts convenient access officially registered with Polk County. The warehouse features soundproofed walls constructed with 12-inch blocks, making it ideal for various uses, particularly those requiring substantial power. The building's robust construction and versatile zoning offer significant potential for a wide range of businesses. The property's size and features make it suitable for businesses needing ample space and specialized infrastructure. Seller financing is available to qualified buyers, reflecting the seller's motivation to secure a prompt sale. Appointments are required 24 hours in advance. This property is situated in the thriving Winter Haven area of Central Florida, offering excellent growth potential. The property's unique combination of industrial and residential zoning presents a rare opportunity for creative business development. Serious inquiries only.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1967
Total area
1,000 SF
Lot
8.54 ac (372,090 SF)
APN
262835662500000102
UPID
US18-4295998
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
AI Approach
AI
$1.18M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$595k
Blend (final)
Blend
$940k
Owner & transaction history
Dynamic Dream Studios LLC · 1 yrs held
Dynamic Dream Studios LLC
since 2025
Last sale
$1.0M
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Winter Haven submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Winter Haven submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$930,000
ML approach
$1,180,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$940k
Range $846k – $1.03M · ±10% · vs last sale $1.00M (Feb 6 2025)
Last sale anchor
$1.00M
Feb 6 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$940 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$9,073
Tax year 2023
Assessed value
$848,376
Assessed 2023
Previous assessed
$797,309
+6.4% YoY
Effective rate
1.07%
On assessed value
Assessed land
$130,233
Assessed improvement
$718,143
Land market value
$130,233
Improvement market value
$718,143
Total market value
$848,376
Applied tax rate
92,000.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1967
Heating
NONE
Buildings
4
Stories
1
Units
1
Total area
1,000 SF
Lot
8.54 ac (372,090 SF)
APN
262835662500000102
UPID
US18-4295998
Jurisdiction
POLK
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1967
Heating
NONE
Stories
1
Buildings
4
Units
1
Lot
8.54 ac
Current owner
From public records · entity-resolved
Dynamic Dream Studios LLC
Entity
Mailing address
12711 RAFTSMEN CT, ORLANDO, FL 32828-9137
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 6, 2025
$1,000,000
Dynamic Dream Studios LLC
Dolphin Image LLC
Warranty Deed
$912,500 · Dolphin Image LLC
Dec 6, 2018
$850,000
Dolphin Image LLC
Patterson Studios INC
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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