
$2,798,987
Commercial for Sale, 1000 S LAKE ANOKA Boulevard, Florida 33825
- MLS#B26070131
Listed By Solutions Realty, LLC
The Commercial Property for Sale located at 1000 S LAKE ANOKA Boulevard, Florida 33825 is currently for sale.
Description
Breezeway Townhomes — an 18-unit, two-parcel townhome portfolio in Avon Park's Lake Anoka Village. 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 after expense 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.
Location
1000 S LAKE ANOKA Boulevard, Florida 33825
Property features
Property
- Location: Cul-De-Sac
Lot/Land
- Land/Lot size:
3,981 m² (42,850 ft²)
Construction
- Year built: 1980
- Roofing: Metal
- Condition: RemodeledRenovated
- Construction: BrickSlab Construction
Interior Features
- Floors: Ceramic Tile
Security
- Features: Smoke Detector
Heating and Cooling
- Heating System: Heat Strip
- Cooling System: Central AC
Utilities
- Other utilities: SewerPublicSewer Available Off SitePublic Sewer