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121 Bates AVENUE SE, Winter Haven, FL, 33880 | $695,000
This rare offering consists of three parcels with a mix of C-3 commercial and R-3 residential zoning, presenting an exceptional investment opportunity on 1st Street South in the heart of Winter Haven. Located on a bustling four-lane road with 30, 000 cars passing daily, these properties provide unparalleled exposure for businesses. The first two parcels, located at 212 1st St S and 210 1st St S, are zoned C-3 and include two office buildings with grandfathered lighted signage, a feature no longer permitted on 1st Street. The 212 1st St S building sits on a corner lot at 1st Street South and Bates Ave and offers 1, 266 sq. ft. of office space with beautiful hardwood flooring and prime visibility. The 210 1st St S building, adjacent to 212, provides 1, 100 sq. ft. of additional office space, including a large conference room perfect for meetings or client presentations. The third parcel, located at 121 Bates Ave SE, features a 2-bedroom, 1-bathroom home with newer carpet and paint and is zoned R-3. This residence can be used as a rental property or converted into additional office space, adding to the investment potential. This property is a rare find on high-traffic 1st Street. Don’t miss this unique opportunity to own prime commercial real estate in downtown Winter Haven!
Features
- Bedrooms: 9
- Units: 3
- Lot Size: 75 x 119
- Laundry: Laundry Closet
- Year Built: 1945
- Heating: Central
- Cooling: Central Air
- Approx Sq. Feet: 3,446
- Acreage: 0.45
- Lot Size: 75 x 119
- Est. Taxes: $1,871
- Lot Desc: City Lot, Landscaped, Near Public Transit
- View: City
- Elem. School: John Snively Elem
- Middle School: Denison Middle
- High School: Winter Haven Senior
- Pet Policy: Yes
- Appliances: Convection Oven, Cooktop, Dishwasher, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator
- MLS#: P4932190
- Days on Market: 2 days
- Website: https://www.raveis.com
/prop/P4932190/121batesavenuese_winterhaven_fl?source=qrflyer
Listing courtesy of KELLER WILLIAMS REALTY SMART 1 Phone: 863-508-3000
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
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To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
121 Bates AVENUE SE, Winter Haven, FL, 33880
$695,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $556,000 | $556,000 | $556,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.582% | 7.159% | 6.518% |
| Monthly Tax Payment | $156 | $156 | $156 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,793 | $3,695 | $4,767 |
| Total Monthly Payment | $4,041 | $3,943 | $5,015 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388