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    701 S Hendry Ave Fort Meade, FL 33841

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    For Sale
    $4,000,000

    49-unit apartment complex in Fort Meade, Florida. Built in 1986.

    Lot size:
    5.21 Acres

    Property Features for 701 S Hendry Ave

    General Information

    Lot size
    5.21 Acres

    Building Details

    Year built
    1986

    Source: TOWER RAFFERTY REALTY, LLC Agent George Rafferty, Jr

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    49-Unit Apartment Complex in Florida

    Charlton Court is a 49-unit family apartment complex located in Fort Meade, Florida, situated between Bartow and Sebring. Constructed in 1986, the property consists of 24 one-bedroom units and 25 two-bedroom units, all maintained in good condition. The property is currently managed on-site and participates in the USDA 515 housing program, requiring both current owners and any new buyer to comply with USDA 515 program regulations. Local non-profit organizations and public agencies have priority over regional and national non-profit organizations and public agencies.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Auto Repair Shop Skin Care Clinic Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Meade
    County
    Polk
    State
    Florida
    Longitude
    -81.7881663
    Latitude
    27.7431192

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    FAQs

    What type of property is this?
    Apartment building - 49-unit apartment complex in Fort Meade, Florida. Built in 1986.
    Where is this apartment building located?
    The property is located at 701 S Hendry Ave Fort Meade, FL.
    What is the asking price?
    The asking price for this property is $4,000,000.
    What are key features of this property?
    This property features: - 49-unit family apartment complex; - Consists of one and two-bedroom units, offering diverse living options; - Located in Fort Meade, Florida
    (352) 665-0718
    Request Owner's contact information
    701 S Hendry Ave Fort Meade, FL 33841
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    Fort Meade, FL 33841
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    701 S Hendry Ave Fort Meade, FL 33841
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