Corner Lot Commercial
1659 Us Highway 27 N, Avon Park, FL 33825
COMMERCIAL - Avon Park, FL
Property size:
4,020 SFLot size:
0.76 AcresPrice / SF:
$198/SF- Added:
- Jan 12, 2026
- Days on Market:
- 130
- Last Refresh:
- May 22 at 11:06 pm
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
- Central, Electric (Heating)
- 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 (863) 385-0077
Listing office RE/MAX REALTY PLUS 809 US 27 S, Sebring, FL (863) 385-0077
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.
HighLights
- High‑visibility corner lot location directly on U.S. Hwy 27 with strong traffic counts.
- 4,000+\/- sq ft commercial building suitable for investment or owner/user.
- Divided into two units (1,675+\/- sq ft and 2,345+\/- sq ft) offering flexible single or multi‑tenant occupancy.
- First unit is fully built out and move‑in ready with two restrooms.
- Second unit is vacant and ready for custom build‑out.
- Built in 2018 with concrete block construction and metal roof.
Overview
This commercial building, situated on a corner lot with an area of 0.76 acres, offers visibility and high daily traffic. Located on U.S. Hwy 27 in Avon Park, Florida, the property contains 4,020 square feet and is suitable for medical, professional, or retail use. The building is divided into two units, allowing for single or multi-tenant occupancy. The first unit, encompassing 1,675 square feet, is move-in ready and includes two restrooms, making it suitable for a medical or professional office. The second unit, which is 2,345 square feet, is currently vacant and ready for build-out, suitable for expanding a practice or leasing to another tenant. The property's corner frontage and signage potential, combined with traffic counts, make it an ideal location for a medical office, clinic, therapy practice, or professional services. The property is zoned C2.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$454.7K
NOI $40,920 @ 9.00% cap · cautious / downside scenario
Moderate
$584.6K
NOI $40,920 @ 7.00% cap · market / base-case scenario
Aggressive
$818.4K
NOI $40,920 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Office B
| 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 Use Scenarios
Best Use
Office B
$584.6K
$511.5K – $682.0K
NOI $40,920 @ 7.0% cap · market cap 5.12%
Second Best
Retail
$539.7K
$472.2K – $629.6K
NOI $37,778 @ 7.0% cap · market cap 4.73%
Theoretical Best
Office A
$836.3K
$731.8K – $975.7K
NOI $58,544 @ 7.0% cap · market cap 7.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Medical Office Space
Location Insight
- Map
- Local Demand
- City
- Avon Park
- County
- Highlands
- State
- Florida
- Longitude
- -81.513658
- Latitude
- 27.576869
Nearby Similar for Sale
FAQs
What type of property is this?
Medical Office Space - High-visibility commercial building on U.S. Hwy 27 in Avon Park.
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: High‑visibility corner lot location directly on U.S. Hwy 27 with strong traffic counts.; 4,000+\/- sq ft commercial building suitable for investment or owner/user.; Divided into two units (1,675+\/- sq ft and 2,345+\/- sq ft) offering flexible single or multi‑tenant occupancy.
