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119 MAIN Street, Auburndale, FL, 33823
Multi-Tenant Flex Property

119 MAIN Street Auburndale, FL 33823

For Sale
$999,999

SINGLE_FAMILY - AUBURNDALE, FL

Property Size5,186 SF
Lot Size0.20 Acres
Price / SF$192.83
Days on Market33

Property Features for 119 MAIN Street

General Information

Property type
Residential
Property subtype
Retail
Zoning
CBD
Window features
Blinds
Appliances
Microwave, Refrigerator
Standard status
Active
APN
25-28-11-333000-000030
Size
5,186 SF
Lot size
0.20 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
RESUB OF LOTS 5 6 7 BLOCK B OF AUBURNDALE PB 19 PG 29 LOTS 3 & 4
Tax Annual Amount
3693

Utilities

Utilities
Phone Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public

Building Details

Year built
1930
Floors in Building
1
Flooring type
Laminate, Concrete, Tile
Building materials
Frame
Roof type
Shingle
Additional Structures
Storage
Listing Agency: CENTURY 21 MYERS REALTY
Listed By: Brent Morse · License #3108388
Added: Jun 22 Changed: Jun 25 Last Checked: Jul 24 at 3:06PM
MLS# S5152363

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 multi-tenant flex property includes two buildings totaling four separate commercial suites. The front building is configured with multiple reception areas, private offices, treatment rooms, restrooms, and flexible workspace options. The rear building provides additional commercial space that can support a range of uses, including office, retail, workshop, production, storage, or service-related operations.

The property is located at 119 Main Street in Auburndale and positioned along a highly visible downtown corridor. Public remarks note pedestrian accessibility and convenient parking, along with storefront exposure.

With each suite functioning independently, the layout is designed for tenant flexibility, whether for multiple occupants or a combination of owner use and rental income. The property is listed in CBD zoning.

Key Highlights

  • Multi‑tenant commercial property with two buildings and four separate commercial suites in downtown Auburndale
  • Suite versatility supports office, retail, medical, service, and light production uses
  • Front building layout includes multiple reception areas, private offices, treatment rooms, restrooms, and flexible workspace

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 $121.4k $23.40
− Vacancy −$12.7k −$2.46
EGI $108.6k $20.94
− OpEx −$43.4k −$8.38
NOI $65.2k $12.57
5,186 SF · lease $23.40/SF/yr · vacancy 10.50% · expense 40.00%

Alternative Uses

Best Use
Healthcare Medical
$930.9K
$814.6K – $1.09M (±1% cap)
NOI $65,166 @ 7.0% cap · market cap 6.52%
Second Best
Office B
$910.1K
$796.4K – $1.06M (±1% cap)
NOI $63,710 @ 7.0% cap · market cap 6.37%
Theoretical Best
Office A
$1.25M
$1.09M – $1.45M (±1% cap)
NOI $87,237 @ 7.0% cap · market cap 8.72%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Custom Trade Printing Marketing & Advertising

Suggested Use

Dental Office Bakery Law Firm Gym & Fitness Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Home Appliance Store Electrical Service (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Flex space - Two-building, four-suite commercial property with office, retail, medical, service, and light production flexibility.
Where is this flex space located?
The property is located at 119 MAIN Street Auburndale, FL.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Multi‑tenant commercial property with two buildings and four separate commercial suites in downtown Auburndale; Suite versatility supports office, retail, medical, service, and light production uses; Front building layout includes multiple reception areas, private offices, treatment rooms, restrooms, and flexible workspace
More about this property
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