43 Main StAvon Park, FL 33825

Property Details for 43 Main St

Year built

1973

Construction

FRAME

Lot size

0.19 AC

Property size (Sq ft)

1,134 SF

Zone code

C4

Property type

Retail properties

APN

A-22-33-28-010-0480-0170

APU

A22332801004800170

Description

This exceptional 1.0998-acre commercial property is situated at 43 E Main St, Avon Park, FL 33825. Located in the heart of Avon Park, this property presents a unique investment opportunity. The site is ideally positioned on Main Street, offering high visibility and accessibility. The land is comprised of five parcels (PIDs A-22-33-28-010-0480-0170, A-22-33-28-010-0480-0130, A-22-33-28-010-0480-0161, A-22-33-28-010-0480-0090 and A-22-33-28-010-0480-0160), providing flexibility for various development scenarios. Avon Park is experiencing a period of revitalization, making this a timely investment. The property's proximity to Lake Verona (one block away) adds to its appeal. The asking price is $2,300,000. This site offers significant potential for a variety of commercial ventures, including the construction of a multi-use building. Don't miss this chance to capitalize on the growth and potential of Avon Park's thriving downtown area. The property is zoned for office use.

• CAP approach

  CAP return

  Valuation

  6%

  $487,200

  6.5%

  $449,723

  7%

  $417,600

• Comparable approach

  Method

  Valuation

  Relative Method

  $585,833

  Geo Method

  $448,742

• Alternative Use

  Use

  Valuation

  Residential

  $379,358

  Hospitality

  $347,490

  Educational

  $289,108

  Medical

  $299,051

  Retail

  $449,723

Location Insight

City

Avon Park

County

Highlands

State

Florida

Latitude

27.5961

Longitude

-81.5008

CBSA code

42700

CBSA name

SEBRING, FL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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