Breezeway Townhomes an 18 unit, two parcel townhome portfolio in Avon Park's Lake Anoka Village, offered at 2, 797, 987 155, 444 unit.
AVON PARK, FL 33825
Listing
| Web ID: | 5718538 |
|---|---|
| Website: | https://www.nestseekers.com/5718538 |
Property
| Ownership: | Fee Simple |
|---|---|
| Type: | Unknown |
| Lot Size: | 1 Acres |
Financials
Price:$2,798,987
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