1001 S LAKE ANOKA BLVD, Avon Park, FL 33825
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1001 S LAKE ANOKA BLVD, Avon Park, FL 33825
1001 S LAKE ANOKA BLVD, Avon Park, FL 33825
1001 S LAKE ANOKA BLVD, Avon Park, FL 33825
1001 S LAKE ANOKA BLVD, Avon Park, FL 33825
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$ 2,798,987
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1001 S LAKE ANOKA BLVD Avon Park, FL 33825

17,280 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Multi-Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 17,280 sqft

Price per Sqft $161

Subdivision Lake Anoka Village

MLS Listing ID OM731376

Construction Status Completed

HOA Y/N No

Year Built 1980

Annual Tax Amount $8,329

Lot Size 1.000 Acres

Acres 1.0

Property Sub-Type Multi-Family 5+

Source Stellar MLS

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.

Location

State FL

County Highlands

Community Lake Anoka Village

Area 33825 - Avon Park/Avon Park Afb

Zoning R2

Interior

Cooling Central Air

Exterior

View Y/N No

Water Access No

Roof Type Metal

Building

Story 2

Entry Level Two

Foundation Slab

Lot Size Range 1 to less than 2

Structure Type Brick,Vinyl Siding

New Construction false

Construction Status Completed

Others

Ownership Fee Simple

Acceptable Financing Cash, Commercial Financing, Other

Listing Terms Cash, Commercial Financing, Other

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/OM731376


Stellar MLS
Listed by Cody Becker SOLUTIONS REALTY, LLC

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1001 S LAKE ANOKA BLVD