924 Florida AveLakeland, FL 33803

  • Healthcare properties
  • 4,353 SF
For Sale
$995,000 View listing

Property Details for 924 Florida Ave

Year built
1985
Lot size
0.31 AC
Property size (Sq ft)
4,353 SF
Zone code
C-2
Property type
Healthcare properties
Property subtype
Medical offices
APN
242819231500002060
APU
242819231500002060

Description

This exceptional 4,353 square foot office building is situated in Lakeland, Florida's vibrant Midtown Professional District, at 924 S Florida Avenue. The property occupies a 0.31-acre lot, offering ample space and excellent visibility. The building is in updated condition, presenting a turnkey opportunity for investors or businesses seeking a well-maintained space. Its prime location within the Midtown Professional District ensures high traffic and easy access to essential amenities and services. Detailed financial and supporting documents are available upon request for qualified buyers. This presents a unique investment opportunity, particularly given the possibility of acquiring the adjacent property (MLS# P4932016) simultaneously, allowing for expansion or additional income streams. The property is priced at $995,000 and offers a strong return on investment potential due to its location and current condition. Interested parties are encouraged to contact the listing provider for complete details and to schedule a viewing. All inquiries will be handled promptly and professionally.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $898,692
    6.5%
    $829,562
    7%
    $770,308
  • Comparable approach

    Method
    Valuation
    Relative Method
    $794,988
    Geo Method
    $794,988
  • Alternative Use

    Use
    Valuation
    Residential
    $1,028,657
    Hospitality
    $942,244
    Educational
    $783,936
    Medical
    $810,897
    Retail
    $1,219,456
924 Florida Ave, Lakeland, Florida

Location Insight

City
Lakeland
County
Polk
State
Florida
Latitude
28.0323
Longitude
-81.9568
CBSA code
29460
CBSA name
LAKELAND, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$9,033
$174,460
$321,074
$495,534
-
$174,460
$321,074
$495,534

FAQs

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Please email our support team at [email protected] and they will add the team member.
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How can I contact the broker?
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