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20-Unit Condo Community with Retail
For Sale
Contact for pricing
Pending

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.

Property SizeContact for details
Days on Market125

Property Features for 801 Park Ave

General Information

Standard status Pending
Property subtype Multifamily
Occupancy 100%

Additional Details

Multifamily Units 20

Building Details

Year Built 2018
Listing Agency: CBRE - Fort Lauderdale
Listed By: Calum Weaver · License #FL 3057668
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 13 at 8:29AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Fort Lauderdale

Investment Insights

Based on property information with market context.

One Park Place is a 20-unit condominium community built in 2018, offering oversized, condo-quality residences with high ceilings, hard flooring, modern kitchens, in-unit washer/dryer, and large patios or balconies.

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

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Butcher Locksmith Tanning Salon Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

20
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,465
Businesses Nearby

Demographics for 33403, FL

13,779
Population
5,906
Households
2.3
Avg Household Size
38
Median Age
26%
College-Educated
86%
High-School Grad
3.3 sq mi
ZIP Area
4,175
Density / Sq Mi
$69,050
Median Household Income
$34,019
Median Earnings
$1,426
Median Rent
$340,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Built in 2018, the property includes 20 condo-quality units plus 10,664 sq. ft. of unfinished ground-floor retail space.
Where is this apartment building located?
The property is located at 801 Park Ave Lake Park, FL.
What are key features of this property?
This property features: 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
More about this property
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