43 Main StAvon Park, FL 33825

  • Retail properties
  • 1,134 SF
For Sale
$2,300,000 View listing

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
Property subtype
Other 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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • 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
43 Main St, Avon Park, Florida

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

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
$1,792
$23,942
$62,219
$86,161
-
$23,942
$62,219
$86,161

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