Breezeway Townhomes an 18 unit, two parcel townhome portfolio in Avon Park's Lake Anoka Village, offered at 2, 797, 987 155, 444 unit.
1001 LAKE ANOKA BOULEVARD
AVON PARK, FL 33825
Listing
| Web ID: | 5718538 |
|---|---|
| Website: | https://www.nestseekers.com/5718538 |
Property
| Ownership: | Fee Simple |
|---|---|
| Type: | Unknown |
| Area: | 17280 sq ft |
| Lot Size: | 1 Acres |
Financials
Price:$2,698,987
Annual Taxes:$8,329
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
Contact
Listing Courtesy of SOLUTIONS REALTY, LLC