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500 NW Lake Howard Dr 24,331 SF 100% Leased Office Building Winter Haven, FL 33881 $3,155,000 ($129.67/SF)



EXECUTIVE SUMMARY
Savills, the exclusive real estate advisor to the Florida Department of Commerce, is pleased to present an exceptional opportunity to acquire 500 Lake Howard Drive NW, a four-story ±24,331 square foot office building on ±1.68 acres along the scenic shores of Lake Howard in Winter Haven, Florida.
The property offers expansive lake views, abundant natural light from floor-to-ceiling glazing on the western elevation, and ample on-site parking. Functional floor plates and multiple office suites make it ideal for professional, medical, or service-based users. Zoned C-3 Commercial-Highway, the site accommodates a broad range of commercial uses seeking a highly visible and accessible location.
The property’s prominent lakefront setting not only elevates its aesthetic appeal but also offers a distinctive advantage in attracting tenants seeking a prestigious
business address.
The property is offered “as is, where is.” Interested parties should submit a Letter of Intent to rcmills@savills.us. At closing, the buyer shall be responsible for ALL
closing costs, pursuant to state government regulations, including survey, advertising, appraisal, title insurance, documentary stamp tax on the quitclaim deed, recording
costs, brokerage fees, and any other costs incurred.
The property offers expansive lake views, abundant natural light from floor-to-ceiling glazing on the western elevation, and ample on-site parking. Functional floor plates and multiple office suites make it ideal for professional, medical, or service-based users. Zoned C-3 Commercial-Highway, the site accommodates a broad range of commercial uses seeking a highly visible and accessible location.
The property’s prominent lakefront setting not only elevates its aesthetic appeal but also offers a distinctive advantage in attracting tenants seeking a prestigious
business address.
The property is offered “as is, where is.” Interested parties should submit a Letter of Intent to rcmills@savills.us. At closing, the buyer shall be responsible for ALL
closing costs, pursuant to state government regulations, including survey, advertising, appraisal, title insurance, documentary stamp tax on the quitclaim deed, recording
costs, brokerage fees, and any other costs incurred.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Building Size
24,331 SF
Building Class
C
Year Built
1953
Price
$3,155,000
Price Per SF
$129.67
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
6,082 SF
Building FAR
0.33
Lot Size
1.68 AC
Opportunity Zone
Yes
Zoning
C-3 - Commercial-Highway
Parking
84 Spaces (3.45 Spaces per 1,000 SF Leased)
AMENITIES
- Wheelchair Accessible
- Natural Light
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PROPERTY TAXES
| Parcel Number | 26-28-20-566000-001103 | Improvements Assessment | $1,615,292 |
| Land Assessment | $277,917 | Total Assessment | $1,893,209 |
PROPERTY TAXES
Parcel Number
26-28-20-566000-001103
Land Assessment
$277,917
Improvements Assessment
$1,615,292
Total Assessment
$1,893,209
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500 NW Lake Howard Dr
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