605 Overlook Dr Winter Haven, FL 33884-1679
Entity Owned
3-yr Hold
~
Est. High Equity
Estimated value (blended)
$405k
Range $365k – $446k (±10%)
Property ID
US18-5479396
Property summary
AI-generated overview
This exceptional 1,350-square-foot office space in Winter Haven, Florida, is perfectly suited for a variety of businesses. Located at 605 Overlook Drive, 33884, this single-tenant property boasts a prime location with high visibility, experiencing over 14,000 cars passing daily. Recently renovated in 2023, the space features four private offices, a spacious lobby, a welcoming reception area, a convenient break room, and a restroom. The building's total square footage is 4,500 square feet. The property is a traditional office space, but its versatile layout also makes it ideal for medical, executive, creative, or coworking uses. Rent is $2,490 per month and includes water, electricity, trash removal, and ample parking. Tenant is responsible for repairs (estimated at $250 or less annually) and a 3% state sales tax, adding approximately $77.25 monthly. This is a fantastic opportunity to secure a well-appointed, all-inclusive office space in a high-traffic area of Winter Haven. No elevators are available in the building.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1987
Total area
2,485 SF
Lot
0.69 ac (29,882 SF)
Zoning code
C-2
APN
262835662500000226
UPID
US18-5479396
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Alternative Medicine Practice
-
Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$405k
Owner & transaction history
since 2022
Last sale
$520,000
5 recorded transactions
Zoning & alternative use
C-2 · Winter Haven, FL
General category
COMMERCIAL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 10 comparables with addresses
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$405k
Value range
$365k – $446k
±10% around blend
Estimated value / SF
$163 / SF
Confidence
High
10 county-verified comps
Property data
88
Market benchmarks
67
Comparable evidence
100
$365k
blend $405k
$446k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
2,485 SF
Lot area
0.69 ac
Year built
1987
Stories
1
APN
262835662500000226
Assessed value
$364,927
Annual tax
$6,476
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$460k
Weighted, 10 comps · high confidence
Evidence
10 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
3.0 mi away · 2,340 SF
3.3 mi away · 1,972 SF
3.4 mi away · 1,792 SF
12.5 mi away · 2,280 SF
12.7 mi away · 3,150 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$405k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 65 sales
$197
-17%
County 381 sales
$155
+5%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $163/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 10 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$520k
Move the market yield to see immediate price impact.
Value / SF
$209
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$33k
$655k
$468k
$364k
$36k
$728k
$520k
$404k
$40k
$801k
$572k
$445k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
10 found
High confidence · county-verified
Closest comparable
$270k
2.3 mi · Dec 2025 · $148/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$6,476
Tax year 2023
Assessed value
$364,927
Assessed 2023
Previous assessed
$352,716
+3.5% YoY
Effective rate
1.77%
On assessed value
Assessed land
$66,899
Assessed improvement
$298,028
Land market value
$66,899
Improvement market value
$298,028
Total market value
$364,927
Applied tax rate
92,000.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1987
Heating
NONE
Buildings
3
Stories
1
Units
1
Total area
2,485 SF
Lot
0.69 ac (29,882 SF)
Zoning code
C-2
APN
262835662500000226
UPID
US18-5479396
Jurisdiction
POLK
Zoning & alternative use
C-2 · Winter Haven, FLZoning C-2 · permitted uses
C-2 · Winter Haven, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
General category
COMMERCIAL
Building & site characteristics
From public records
Year built
1987
Heating
NONE
Stories
1
Buildings
3
Units
1
Lot
0.69 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
C-2
COMMERCIAL
Jurisdiction
Winter Haven, FL
Recorded code
C-2
Official district
C-2
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C-2 in Winter Haven, FL.
What opens after registration
Zoning profile
District factsZone name, category and district area
Cited sourceThe exact document the profile quotes
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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