Commercial Sale · Mixed Use
223 N COMMONWEALTH AVENUE SW, POLK CITY, FL, 33868
Active58 days on marketListed Jun 17, 2026MLS #K4903570
About this property
The property at a glance
2 Seperate Offices under One Roof - Commercial opportunity in the heart of Polk City. This area is growing - Close to the freeway and roads for easy connections. This one-story concrete building offers two separate offices, which can be leased on one side and used by the other; possibilities are endless. Approximately 1,412 total square feet under roof, and it is situated on a 9,831-square-foot lot. Public records classify the property as mixed retail with office units, offering flexible potential for office, retail, professional services, owner-user operations, or investment use, subject to zoning and municipal approval.
1,412
Building sq ft
$251
Price / sq ft
0.23
Lot acres
1987
Year built
1
Building
Mixed Use
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$2,041/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
13,676
Population
$74,048
Median income
40.7
Median age
2.89
Avg household
$235,600
Median home value
$1,092/mo
Median rent
1,446
Households w/ kids
Recent sales
What actually sold near 223 N COMMONWEALTH AVENUE SW
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$200,000
506 COMMONWEALTH AVENUE SW
1,524 sqft · $131/sqft · Sold Jun 11, 2026
$450,000
116 COMMONWEALTH AVENUE SW
3,600 sqft · $125/sqft · Sold Feb 26, 2026
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 223 N COMMONWEALTH AVENUE SW — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 223 N COMMONWEALTH AVENUE SW.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Listing courtesy of DC GLOBAL PARTNERS · Hugo L Calvillo. MLS #K4903570.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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