Downtown Office Building with
225 N SCENIC Highway Frostproof, FL 33843
For Sale
$275,000
COMMERCIAL - FROSTPROOF, FL
Property Size838 SF
Lot Size0.26 Acres
Price / SF$328.16
Days on Market321
Property Features for 225 N SCENIC Highway
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CG
Standard status
Active
APN
28-31-32-968200-004011
Size
838 SF
Lot size
0.26 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
FROSTPROOF IN US LOT 1 PB 1 PG 41 BLK 4 LOT 1 E 180 FT OF N 75 FT LESS E 30 FT THEREOF FOR RD R/W
Tax Annual Amount
2008
Utilities
Utilities
Phone Available
Sewer type
Septic Needed
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1947
Floors in Building
1
Number of units
1
Flooring type
Carpet, Vinyl
Building materials
Stucco, Frame
Roof type
Shingle
Listing Agency:
KEYSTONE REALTY
(863) 635-0030
Listed By:
Michelle Hutto · License #650542
(863) 528-1136
Added: Sep 12, 2025
Changed: Jul 20
Last Checked: Jul 29 at 7:06PM
MLS# K4903070
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.
This downtown office building includes restroom facilities, and an accessible sidewalk with ramp. The property sits with mature oak landscaping and offers a spacious backyard, along with parking available on both the street and side areas.
Built in 1947, the county records list an effective year of 1993 due to extensive updates. Recent improvements include a new roof (October 2023), an AC system (September 2022), and tree trimming (October 2023). The seller notes the property has been well maintained and that no hot water heater has been installed, as it has not been needed.
Zoned CG, the seller states the space may support a range of uses including general office, school, church, daycare, adult care, pet care, and medical office. Buyer must complete an onsite visit prior to submitting any offer.
Built in 1947, the county records list an effective year of 1993 due to extensive updates. Recent improvements include a new roof (October 2023), an AC system (September 2022), and tree trimming (October 2023). The seller notes the property has been well maintained and that no hot water heater has been installed, as it has not been needed.
Zoned CG, the seller states the space may support a range of uses including general office, school, church, daycare, adult care, pet care, and medical office. Buyer must complete an onsite visit prior to submitting any offer.
Key Highlights
- Corner property on Scenic Hwy and B St in downtown Frostproof, with a spacious backyard and mature oaks
- Updates include a new roof (Oct. 2023) and AC system (Sept. 2022), plus tree trimming (Oct. 2023)
- 1947 construction with effective year of 1993 per county records due to extensive updates
Financial Insights For Healthcare Medical
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 | $19.6k | $23.40 |
| − Vacancy | −$2.1k | −$2.46 |
| EGI | $17.6k | $20.94 |
| − OpEx | −$7.0k | −$8.38 |
| NOI | $10.5k | $12.57 |
838 SF · lease $23.40/SF/yr · vacancy 10.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$150.4K
$131.6K – $175.5K
NOI $10,530 @ 7.0% cap · market cap 3.83%
Second Best
Office B
$147.1K
$128.7K – $171.6K
NOI $10,295 @ 7.0% cap · market cap 3.74%
Theoretical Best
Office A
$201.4K
$176.2K – $235.0K
NOI $14,097 @ 7.0% cap · market cap 5.13%
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?
Office units - Corner office building with restrooms, accessible ramp, and a spacious backyard, updated roof and AC systems.
Where is this office units located?
The property is located at 225 N SCENIC Highway Frostproof, FL.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Corner property on Scenic Hwy and B St in downtown Frostproof, with a spacious backyard and mature oaks; Updates include a new roof (Oct. 2023) and AC system (Sept. 2022), plus tree trimming (Oct. 2023); 1947 construction with effective year of 1993 per county records due to extensive updates
