1001 S LAKE ANOKA BOULEVARD, Avon Park, Florida, 33825
$2,698,987
17,280 Sqft
1.00 Acres
0 ba
#OM731376
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.
PROPERTY FEATURES
- Water Access : 0
- Road Surface Type : Asphalt
- Roof : Metal
- Property Condition : Completed
- Zoning : R2
- Cooling : Central Air
- Construction Materials : Brick, Vinyl Siding
PROPERTY DETAILS
ID: OM731376
Status: Active
Price: $2,698,987
Acres: 1.00 Acres
Price Per Acre: $2,698,987
Type: Other
Address: 1001 S LAKE ANOKA BOULEVARD
City, State: Avon Park, Florida
County: Highlands
Zip Code: 33825
Lat/Long: 27.584351, -81.512608
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