135 S CENTRAL AVENUE, Bartow, FL, 33830 | $950,000

Under contract-accepting backup offers. Auction Property. Luxury Live Auction February 12th, 2026! Bidding to start from $950, 000. 00! Located in the heart of historic downtown Bartow, 135 S Central Avenue presents a rare and valuable opportunity. This property is a single family home with multi-use. The second level of the building is a nearly 3, 000 square foot 3 bedroom 2 bathroom homestead property and the first floor offers two street-level commercial units, each approximately 1, 500 square feet, situated in a high-visibility area known for its walkability, charming boutiques, and steady foot and vehicle traffic. One of the units is occupied by “Sweet Magnolia’s, ” a well-established café that has been a community favorite for over ten years. In addition to daily dining, Sweet Magnolia’s offers private parties, catering services, and maintains a strong presence and affiliation with downtown Bartow events and initiatives. The building is being sold turnkey, fully furnished with high-quality commercial kitchen and catering equipment, providing immediate operational capabilities for new ownership. The Second commercial space is occupied and the tenant has a two year lease that is effective November 1, 2025. Above the commercial spaces, the second floor has been transformed into a spacious and homesteaded residential unit featuring three bedrooms, two bathrooms, an open-concept kitchen and family room, and a generous primary suite. The owner is willing to include the furnishings within the home as well. Each with their own private entrances makes these ideal Income producing properties individually or collectively as well. Each of the three units—two commercial and one residential—has separate utility meters, HVAC systems, and private access, allowing for flexibility in leasing or personal use. The roof is approximately two years old, there is a dry wood termite bond in place on the building that is transferable, and designated parking for residents. Whether you're seeking to own and operate a business, expand your investment portfolio, or live in the upstairs residence while earning income from below, this property offers unmatched versatility and value in one of Bartow’s most desirable locations.

Features

  • Rooms: 6
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Inside
  • Year Built: 1913
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 5,880
  • Acreage: 0.07
  • Est. Taxes: $8,266
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • MLS#: B4902104
  • Days on Market: 65 days
  • Website: https://www.raveis.com
    /eprop/B4902104/135scentralavenue_bartow_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 3/7/2026 2:21:43 AM)
Listing courtesy of CRAIG BURKE REAL ESTATE GROUP, LLC   Phone: 863-899-5010

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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135 S CENTRAL AVENUE, Bartow, FL, 33830

$950,000

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

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $760,000 $760,000 $760,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 5.875% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.130% 5.984% 5.912%
Monthly Tax Payment $689 $689 $689
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,315 $4,496 $6,311
Total Monthly Payment $5,096 $5,277 $7,092

* 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.