Concrete Block Duplex for
1167 MEMORIAL Drive Avon Park, FL 33825
New
For Sale
$250,000
MULTI_FAMILY - AVON PARK, FL
Property Size1,440 SF
Lot Size0.17 Acres
Price / SF$173.61
Days on Market4
Property Features for 1167 MEMORIAL Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
I2
Bedrooms
4
Bathrooms
2
Rooms
Laundry Room, Bathroom 2, Bathroom 1, Laundry Room, Bedroom 1, Bedroom 2, Bedroom 4, Family Room, Bedroom 3
Parking features
Open, Driveway
Patio and Porch features
Porch, Patio
Pets allowed
Yes
Interior features
Ceiling Fans(s), Kitchen/Family Room Combo
Exterior features
Sidewalk
Appliances
Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Standard status
Active
APN
A-26-33-28-120-0000-0020
Size
1,440 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
SKIPPER + LANIER SUB PB 1 PG 12 N 1/2 OF E 1/2 OF LOT 2 LESS E 10 FT RD R/W
Tax Annual Amount
2351
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
1985
Floors in Building
2
Flooring type
Vinyl
Building materials
Block, Stucco
Roof type
Shingle
Listing Agency:
DALTON WADE INC
(888) 668-8283
Listed By:
Edna Colon
(813) 766-4876
Added: Jul 26
Changed: Jul 28
Last Checked: Jul 29 at 6:06PM
MLS# TB8526085
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Concrete block duplex designed for low-maintenance ownership, with a replaced roof completed in 2019 and updated electrical systems in 2020. Both units include fully updated AC units and ductwork, along with modern interior finishes such as vinyl plank flooring. Kitchens feature durable epoxy countertops and stainless steel appliances, and the exterior includes updated screened porches for each unit.
The property is located at 1167 Memorial Drive in Avon Park, Florida, in Highlands County, and is listed under zoning I2.
With a straightforward duplex layout and multiple recent exterior and mechanical updates, the building is positioned as a move-in-ready residential income property for buyers seeking an actively maintained asset.
The property is located at 1167 Memorial Drive in Avon Park, Florida, in Highlands County, and is listed under zoning I2.
With a straightforward duplex layout and multiple recent exterior and mechanical updates, the building is positioned as a move-in-ready residential income property for buyers seeking an actively maintained asset.
Key Highlights
- Duplex built in 1985 with solid concrete block and stucco exterior
- Replaced roof in 2019; updated electrical systems in 2020
- Central AC with fully updated AC units and ductwork for each unit
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $19.9k | $13.80 |
| − Vacancy | −$1.3k | −$0.90 |
| EGI | $18.6k | $12.90 |
| − OpEx | −$5.6k | −$3.87 |
| NOI | $13.0k | $9.03 |
1,440 SF · lease $13.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$185.8K
$162.6K – $216.8K
NOI $13,006 @ 7.0% cap · market cap 5.20%
Second Best
Apartment 5plus
$172.7K
$151.1K – $201.4K
NOI $12,086 @ 7.0% cap · market cap 4.83%
Theoretical Best
Office A
$299.6K
$262.1K – $349.5K
NOI $20,971 @ 7.0% cap · market cap 8.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Concrete block duplex with updated roof, electrical, and AC systems, plus modern finishes and screened porches.
Where is this duplex located?
The property is located at 1167 MEMORIAL Drive Avon Park, FL.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Duplex built in 1985 with solid concrete block and stucco exterior; Replaced roof in 2019; updated electrical systems in 2020; Central AC with fully updated AC units and ductwork for each unit
