CENTURY 21 Edge
✦ Mixed Use

Commercial Sale · Mixed Use

$354,000$355,0001,412 sq ft$251 /sq ft0.23 acres

223 N COMMONWEALTH AVENUE SW, POLK CITY, FL, 33868

Active116 days on marketListed Jun 17, 2026MLS #K4903570

About this property

The property at a glance

Two Independent Offices. Main-Road Visibility. Flexible Business Potential! Located in the heart of Polk City with frontage on Commonwealth Avenue/SR 33, this commercial property offers visibility, convenient customer access, and connectivity to I-4 and the Orlando–Tampa corridor. The location is well suited for businesses serving local customers while maintaining access to regional clients, job sites, and suppliers, including professional services, consulting firms, and administrative offices for contractors, subject to zoning and municipal approval. This single-story concrete building features a renovated interior ready for office use, with approximately 1,450 square feet under roof on a 9,831-square-foot lot. Two independent office spaces under one roof create options for leasing to separate businesses or occupying one office while generating rental income from the other, subject to existing leases. Features include two A/C units, one updated; 11 front parking spaces plus one accessible space; and additional rear parking with a loading and unloading area. The combination of separate offices, main-road frontage, and practical parking supports both customer-facing businesses and daily operations. OWNER FINANCING AVAILABLE. THE SELLER ALSO HAS A PORTFOLIO OF PROPERTIES AVAILABLE FOR SALE. LOOKING FOR MORE INVESTMENT OPPORTUNITIES? CALL OR MESSAGE US TO EXPLORE THE AVAILABLE PROPERTIES.

1,412

Building sq ft

$251

Price / sq ft

0.23

Lot acres

1987

Year built

1

Building

Mixed Use

Property type

Building size1,412 sq ft
Lot size0.23 acres
Year built1987
Buildings1
ConstructionConcrete
CoolingCentral Air
Annual taxes$3,473

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)

Down payment25% · $88,500
Interest rate6.00%
Loan term

Estimated payment

$2,041/mo

Principal & interest$1,592
Property taxes (actual bill)$289
Est. insurance$160

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 Leila to connect you with a commercial lender for real numbers.

Where it sits

Location & trade area

13,200vehicles / day · 2025Dixie Hwy to Sr 33 · Traffic count · Florida DOT
5-min drive10-min drive15-min drive

What’s nearby

Ace HardwareRetail0 mi
Polk City BBQ CompanyRestaurant0 mi
Freedom ParkPark0.1 mi
Polk City Community Librarylibrary0.1 mi
Polk CityTown0.1 mi
Polk City Elementary SchoolSchool0.1 mi
Purple PitRestaurant0.2 mi
Domino's PizzaRestaurant0.2 mi
Hungry Howie'sRestaurant0.2 mi
DG MarketGrocery0.3 mi
Dollar General marketGrocery0.5 mi
Polk CityTown0.6 mi

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.

506 COMMONWEALTH AVENUE SW

$200,000

506 COMMONWEALTH AVENUE SW

1,524 sqft · $131/sqft · Sold Jun 11, 2026

116 COMMONWEALTH AVENUE SW

$450,000

116 COMMONWEALTH AVENUE SW

3,600 sqft · $125/sqft · Sold Feb 26, 2026

Your team

The pros in your corner

Leila Sabat

Your agent

Leila Sabat

REALTOR® · CENTURY 21 Edge

Tours, offers, and every question about 223 N COMMONWEALTH AVENUE SW — start here.

Andrew Acosta

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

Live availability from Leila's calendar — pick a time and it's booked.

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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