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Pinnacle Real Estate Group – FL

1000 S LAKE ANOKA Boulevard, Avon Park, FL (MLS# B26070131)

1000 S LAKE ANOKA Boulevard, Avon Park, FL

$2,798,987
Property Type: Commercial Sale Square Footage: 17,280 Status: Active
Current Price: $2,798,987 List Date: 8/30/2026 Last Modified: 8/30/2026

Overview

Description

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.

Listing Details MLS# B26070131

General Property Information

Number Of Buildings
2
Property Sub Type
Multi Family
Number Of Units Total
18
Occupant Type
Tenant
Building Area Main
17280
Building Area Source
Public Records
Adjusted Area Main
17280
Year Built
1980
Parking Total
22
Lot Size Area
42850
Lot Size Acres
0.98
Accessibility Features YN
No
Stories Total
2
Stories
2

Property Features

Business Type: Real Estate Ceiling: Drywall Electric: 101-200 Amp Service; 150 Amp Service; Separate Meters Fencing: Back Yard Flooring: Ceramic Tile; Laminate Foundation Details: Slab Heating: Heat Strip Parking Features: Common; Free Possession: Close Of Escrow Property Condition: Resale; Updated/Remodeled Sale Includes: Building; Fixtures; Leases Special Listing Conditions: Standard Zoning Information: Use Conforms To Zoning Source Of Expenses: Owner Provided Construction Materials: Brick Cooling: Central Air Listing Terms: Cash; Conventional Lot Features: Cul-De-Sac; Landscaped; Oversized Lot Roof: Metal Security Features: Smoke Detector(s) Sewer: Public Sewer Utilities: Electricity Connected; Sewer Connected; Water Connected Water Source: Public Showing Requirements: No Sign Acreage Description: 1/2 To Less Than 1 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
2798987
Listing Service
Full Service
Seller Represented YN
Yes

Location and Legal

Country
United States
County Or Parish
Highlands
Street Number
1000
Street Direction Prefix
S
Street Name
LAKE ANOKA
Street Suffix
Boulevard
Municipality Type
Incorporated
State Or Province
FL
Postal Code
33825
Postal Code +4
5121
Area
5940 - Other Florida County
Geographic Area
Other
Parcel Number
A27332817000000080
Subdivision Number
170
Zoning
R2
Flood Zone
X
Building Name
Breezeway Townhomes
Property Description
MULTI FAMILY 10+ Units

Financial Information

Tax Annual Amount
16526
Tax Year
2025
Tax Assessed/SOH Value
345793
Tax Legal Description
LAKE ANOKA VILLAGE PB 13-PG 5 LOT 8
Assessor Market Value
345793

Status Change Information

Major Change Timestamp
2026-08-30T17:01:19Z
Major Change Type
New Listing
Status Change Date
2026-08-30

More Information

Meter Information

Separate Electric Meters YN
Yes
Number Of Separate Electric Meters
18
Separate Gas Meters YN
Yes
Number Of Separate Gas Meters
18
Separate Water Meters YN
Yes
Number Of Separate Water Meters
18
Number Of Meters Total
18

Income and Expenses

Gross Income
236520
Net Operating Income
185154

Unit Details

Number Of Units Leased
18

Description of Unit Type 1

Unit Type
2 Bedroom
Units Total
18
Full Baths
Yes
Half Baths
Yes

Originating Details

Originating System Key
20260830163835463709000000
Originating System ID
M00000170
IDX
Listing Office: Solutions Realty, LLC
Source MLS Verified
Last Updated: August - 30 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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