1001 S Lake Anoka Boulevard, Avon Park, FL 33825
- $2,798,987
- 17,280
- SqFt
- List Price
- $2,798,987
- Status
- ACTIVE
- Days on Market
- 6
- MLS#
- OM731376
- Subtype
- Commercial Sale
- Style
- Two Story
- Year Built
- 1980
- Living Area
- 17,280
- Lot Size
- 21,625
- Acres
- 1
- Subdivision
- Lake Anoka Village
- MLS Area Major
- Avon Park/Avon Park AFB
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.
Additional Information
- Financing
- Cash, Commercial Financing, Other
- Community Features
- No Deed Restriction
- Property Description
- Two Story
- Zoning
- R2
- Air Conditioning
- Central Air
- Exterior Construction
- Brick, Vinyl Siding
- Stories
- 2
- Levels
- Two
- Roof
- Metal
- Foundation
- Slab
Listing courtesy of SOLUTIONS REALTY, LLC. 941-735-6305
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