1000 S LAKE ANOKA Boulevard, Avon Park, FL

Listing Snapshot

About This Home

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.

General Features

Property Type

CommercialSale

Sub-type

MultiFamily

Stories

2

Parking Spaces

22

Parking

Common,FreeParking

Foundation

Slab

Zoning

R2

Security

SmokeDetectors

Utilities

ElectricityConnected,SewerConnected,WaterConnected

Interior Features

Flooring

CeramicTile,Laminate

Heating

HeatStrip

Cooling

CentralAir

Exterior Features

Construction

Brick

Roof

Metal

Lot Features

CulDeSac,Landscaped,OversizedLot

Fencing

BackYard

Community Features

MLS Area

5940 - Other Florida County

Map

Virtual Tour