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Multifamily Weekly
Polk County
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Tuesday, October 13, 2026 |
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Winter Haven 12-Unit Asks $200,000 A Unit
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The 12-unit building at 3801 Avenue J in Winter Haven, built in 1975, went on the market Sept. 25 at $2.4 million, or $200,000 a unit. The 23-unit building at 207 NW Lake Silver Dr. in Winter Haven sold in July for $123,913 a unit. |
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| Property |
Units |
Price |
Price / unit |
1501 Kennedy Blvd
Lakeland · August 2026 |
17 |
$2.64M |
$155K |
953 6th St SE
Winter Haven · May 2026 |
10 |
$853K |
$85K |
510 NW Avenue K
Winter Haven · December 2025 |
6 |
$855K |
$143K |
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| 2BR Asking Rents By Submarket |
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| Submarket |
Avg 2BR |
| Lakeland |
$1,360 |
| Winter Haven |
$1,335 |
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| $20.9M |
| paid by AdventHealth for a 43,100-square-foot medical office building next to its Davenport heart center (Business Observer, Oct 7) |
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| No. 1 |
| Winter Haven's rank among 472 U.S. cities for snowbirds, with Lakeland No. 2 (Business Observer, Oct 10) |
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| $1,110 |
| median rent in Lake Wales, where 43% of vacant homes are seasonal (Business Observer, Oct 10) |
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AdventHealth pays $21M for Polk office building
Business Observer · Oct 7
AdventHealth bought the medical office building at 410 Lionel Way in Davenport for $20.9 million, next to its 202-bed heart center. The seller paid $10 million in 2021. Hospital growth in Davenport adds health care jobs in the part of Polk with the most new apartments.
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Report: Polk County cities dominate nationwide spots for snowbirds
Business Observer · Oct 10
A StorageCafe study ranked Winter Haven first and Lakeland second of 472 cities, with Lake Wales 10th, Haines City 14th and Auburndale 21st. Nearly half of Winter Haven's vacant homes are seasonal. Seasonal renters fill units in winter and leave them empty in summer, which matters to anyone offering short leases.
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Lakeland Regional Health Parkview Opens in Former Badcock Showroom
LkldNow · Oct 6
Lakeland Regional Health opened heart care, heart and lung rehab and pre-surgery testing at 1409 N. Florida Ave., with nine providers moving in. It puts more health care jobs on the north side of downtown Lakeland.
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My Take On Polk
Two small Winter Haven apartment buildings are on the market. 3801 Avenue J, 12 units built in 1975, asks $200,000 a unit. 750 Avenue C, 15 units built in 2021, asks $206,667 a unit. Now look at what closed. Every Polk apartment building of 10 to 60 units that sold in the last 12 months was built in 1989 or earlier, and they sold for $85,300 to $178,571 a unit. The Lake Silver building in Winter Haven sold in July at $123,913. A 1975 building priced like new construction will sit on the market. If you are thinking about selling older stock in Polk, price it off what has actually closed, then adjust for condition and rent roll. The asking prices you see online are hopes. The closed sales are what buyers actually paid.
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16 Units · $164,062 Per Unit Anchored in the Historic Old Northeast, St. Petersburg, FL
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Value changes every year. Your plan should too.
Owners who get a BOV every one to two years make the hold, refinance, sell and estate decisions on current numbers instead of the price they paid. A Broker Opinion of Value from Verdad CRE puts a current market value on your building and the return on the equity in it. Confidential and at no cost.
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