1000 S LAKE ANOKA Boulevard, FL 33825
FL 33825
$2,798,987
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- Price
- $2,798,987
- Building size
- 17,280
- Property type
- Multi Family
- Year built
- 1980
- Lot size (sq ft)
- 42,850
- MLS number
- B26070131
This listing is courtesy of Solutions Realty, LLC, 941-735-6305.
About this property
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.
Details
- Property type
- Multi Family
- Year built
- 1980
- Lot size (sq ft)
- 42,850
Listing information is deemed reliable but is not guaranteed accurate by MIAMI REALTORS®.
Newmar Brokerage, LLC