Property
| Ownership: | Fee Simple |
|---|---|
| Type: | Unknown |
| Lot Size: | 1 Acres |
Financials
Price:$2,798,987
Annual Taxes:$8,329
Listing Courtesy of SOLUTIONS REALTY, LLC
Breezeway Townhomes an 18 unit, two parcel townhome portfolio in Avon Park's Lake Anoka Village, offered at 2, 797, 987 155, 444 unit.



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.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.