1001 S Lake Anoka Boulevard , Avon Park, FL 33825

$2,798,987
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  • 1001 S Lake Anoka Boulevard , Avon Park, FL 33825 Main Photo

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New to the Market Active
SQUARE FEET20,000 MLS#OM731376
STATUSActive PROPERTY TYPECommercial - Multiple SUBDIVISIONLAKE ANOKA VILLAGE
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Property Description

Breezeway Townhomes - an 18-unit, two-parcel townhome portfolio in Avon Park's Lake Anoka Village, offered at $2,797,987 ($155,444/unit). Built in 1985, the property has been extensively remodeled with little deferred maintenance and features durable metal roofs throughout. All 18 units share a consistent 2 bedroom / 1.5 bath floor plan, each with an oversized private lanai - a distinguishing feature rarely found in this submarket. Situated on two 0.49-acre parcels (1000 & 1001 S Lake Anoka Blvd), zoned R2, with city water and city sewer. Current in-place rents run well below market, generating $185,154 in net operating income (6.62% cap rate), with a clear, ownership-modeled path to $218,211 NOI as units turn - 14%+ upside in gross rental income before broader market rent growth. Located in a growing Central Florida submarket, with population and household growth of 5.6%-6.8% projected through 2030 within a 1-5 mile radius.

1001 S Lake Anoka Boulevard | MLS# OM731376

This commercial property located at 1001 S Lake Anoka Boulevard , Avon Park, FL 33825 is currently listed for sale with an asking price of $2,798,987. Search Avon Park real estate on www.realtymark.net today.

Property Features

Property Type: Commercial - Multiple
Cooling: Central Air
Lot Size: 1.00 Acres
Roof Type: Metal
Stories: 2.0
Taxes: $8,329
Year Built: 1980

Feature Descriptions

Days on Site: 1
Directions: 301 S turn left onto Lake Anoka Blvd, property on the right
Exterior: Brick, Vinyl Siding
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Commercial Financing, Other
Lot Dimensions: 1
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Multi-Family 5+
Sale Includes: Building(s) and Land, Leases
Showing Instructions: Appointment Only
Special Sale Provisions: None
Units: 18
Water Access Y/N: No
Zoning: R2

Listed By / Shown By

Listed By

Agency Name: SOLUTIONS REALTY, LLC
Agency Contact: 941-735-6305

Shown By

Agency Title: RealtyMark
Agency Phone: 888-260-0040

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