801 Park Ave, Lake Park, FL 33403
Built in 2018, the property includes 20 condo-quality units plus 10,664 sq. ft. of unfinished ground-floor retail space.
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The property also includes 10,664 square feet of unfinished ground-floor retail space along Park Avenue in Downtown Lake Park. The asset is currently 100% occupied and has maintained 95%+ occupancy over the past few years.
The 20 units were built with the intent to sell as individual condos, though no units were ever sold and ownership controls 100% interest in the property. The ground-floor retail area is unfinished, providing space that can be completed and leased by the new owner.
Key Highlights
- 20‑unit condominium community in Lake Park, Florida, built in 2018
- Includes 10,664 sq. ft. of unfinished ground‑floor retail space in addition to the 20 units
- Condo‑quality units with high ceilings, hard flooring, modern kitchens, in‑unit washer/dryer, and large patios/balconies
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Vacancy Rate% for Multifamily in South region