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Corner Lot Medical Office Building

1659 Us Highway 27 N Avon Park, FL 33825

Claim this Listing
For Sale
$799,000

COMMERCIAL - Avon Park, FL

Property size:
4,020 SF
Lot size:
0.76 Acres
Price / SF:
$198/SF
Added:
Jan 12, 2026
Days on Market:
182
Last Refresh:
Jul 13 at 2:06 am

Property Features for 1659 Us Highway 27 N

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
C2
Interior features
Public Restrooms, Telephone
Standard status
Active
APN
A-09-33-28-020-0000-1530
Size
4,020 SF
Lot size
0.76 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
LAKEWOOD VILLA + ADDS PB 1 PG 6 N 210 FT OF LOTS 153 + 154 LESS NLY PORT FOR RD R/W .76 ACRES
Tax Annual Amount
21328

Utilities

Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric

Building Details

Year built
2018
Floors in Building
1
Building materials
Concrete Block
Roof type
Metal
Architectural style
Other

Listing agent C Boring III

Listing office RE/MAX REALTY PLUS 809 US 27 S, Sebring, FL

Listing date Jan 12, 2026

MLS# 321604

Copyright © 2026 Heartland Multiple Listing Service, Inc. 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.

This corner-lot commercial building totals approximately 4,020 square feet and is divided into two separate units, offering flexibility for single-tenant or multi-tenant occupancy. The first unit is fully built out and described as move-in ready, with two restrooms and a functional layout suited to medical or professional use. The second unit is currently vacant and ready for a new build-out, allowing an owner to tailor the space for an expanded practice or to lease to an additional tenant.

The property is located at 1659 US Highway 27 N in Avon Park, Florida, directly on US Highway 27. With substantial corner frontage, the site is positioned for strong street visibility along a primary commercial corridor.

For prospective tenants or buyers, the configuration supports either an operator looking to occupy one suite while planning improvements to the other, or a multi-tenant strategy using two distinct spaces within the same building. Zoning is listed as C2, and the property’s two-unit setup can accommodate a range of medical, clinic, therapy, and professional services depending on build-out preferences for the currently vacant suite.

Key Highlights

  • 2018‑built concrete block commercial building on a 4,000+/- SF corner lot directly on U.S. Hwy 27
  • Divided into 2 units: 1,675+/- SF first unit with 2 restrooms and a built‑out, move‑in ready layout
  • Second unit is 2,345+/- SF and currently vacant for a custom build out or lease to an additional tenant

Local Financial Insights For Office B

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 $69.9k $17.40
− Vacancy −$15.4k −$3.83
EGI $54.6k $13.57
− OpEx −$13.6k −$3.39
NOI $40.9k $10.18
4,020 SF · lease $17.40/SF/yr · vacancy 22.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$584.6K
$511.5K – $682.0K (±1% cap)
NOI $40,920 @ 7.0% cap · market cap 5.12%
Second Best
Retail
$539.7K
$472.2K – $629.6K (±1% cap)
NOI $37,778 @ 7.0% cap · market cap 4.73%
Theoretical Best
Office A
$836.3K
$731.8K – $975.7K (±1% cap)
NOI $58,544 @ 7.0% cap · market cap 7.33%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Medical Office Space

Suggested Use

Real Estate Agency Building Supply Dental Office Spa & Massage Center Law Firm HVAC Service Big Box & Wholesale Store Parking Lot & Garage Pharmacy Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Medical Office Space - Two-unit medical or professional office building on US Highway 27 with one move-in-ready suite and one vacant suite for buildout.
Where is this medical office space located?
The property is located at 1659 Us Highway 27 N Avon Park, FL.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 2018‑built concrete block commercial building on a 4,000+/- SF corner lot directly on U.S. Hwy 27; Divided into 2 units: 1,675+/- SF first unit with 2 restrooms and a built‑out, move‑in ready layout; Second unit is 2,345+/- SF and currently vacant for a custom build out or lease to an additional tenant
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