924 Florida AveLakeland, FL 33803
- Healthcare properties
- 4,353 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].