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Retail Space with Storage Building
For Sale
$147,500

15 S VERONA Avenue, Avon Park, FL 33825

Commercial Sale, AVON PARK, FL

Property Size1,200 SF
Lot Size0.09 Acres
Price / SF$122.92
Days on Market145

Property Features for 15 S VERONA Avenue

General Information

Property type Commercial Sale
Property subtype Retail
Zoning C4
Basement Finished
Appliances Refrigerator
Subdivision WILSON SUB
Lot features City Limits, Sidewalk
Directions From US 27 and HWY 64 intersection in Avon Park go east on HWY 64 ,turn right on S Verona and the property will be on your left.
Standard status Active
APN A-22-33-28-290-0000-0250
Size 1,200 SF
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description WILSON SUB PB 1 PG 73A LOT 25
Tax Annual Amount 1563
Legal Description WILSON SUB PB 1 PG 73A LOT 25

Utilities

Utilities Electricity Available
Sewer type Public Sewer
Cooling system Central Air
Water source Public

Building Details

Year built 1954
Floors in Building 1
Building materials Block, Stucco
Roof type Metal
Additional Structures Storage
Listing Agency: PROPERTY WAREHOUSES OF AMERICA
Listed By: Louis Vincent · License #3069768
Added: May 18 Changed: Sep 12 Last Checked: Oct 9 at 1:06PM
MLS# O6409636

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 C4-zoned retail property at 15 S Verona Avenue in Avon Park includes 1,200 square feet of building area plus a separate 15-by-30-foot structure suitable for storage. The property was previously occupied as a clinic and includes central air conditioning, a refrigerator, block-and-stucco construction, and a metal roof.

Located in downtown Avon Park, the property has access to electricity, public water, and public sewer. Its configuration supports continued retail use, office use, or clinic operations, subject to applicable requirements. The site encompasses 0.09 acres in Highlands County.

Key Highlights

  • 1,200‑square‑foot retail property on 0.09 acres
  • Separate 15‑by‑30‑foot building for storage
  • C4 zoning supports retail, office, and clinic use potential

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$12,215
Cap Rate
8.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$244,300 $244.3K
Cap Rate 7%
$174,500 $174.5K
Cap Rate 9%
$135,722 $135.7K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$20.9K $17.40/SF
− Vacancy
−$4.6K −$3.83/SF
EGI
$16.3K $13.57/SF
− OpEx
−$4.1K −$3.39/SF
NOI
$12.2K $10.18/SF
Area
Highlands County, FL
Vacancy
22.00%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$244,300
Cap Rate 7%
$174,500
Cap Rate 9%
$135,722

Alternative Uses

Best Use
Office B
$174.5K
$152.7K – $203.6K (±1% cap)
NOI $12,215 @ 7.0% cap · market cap 8.28%
Second Best
Retail
$161.1K
$141.0K – $188.0K (±1% cap)
NOI $11,277 @ 7.0% cap · market cap 7.65%
Theoretical Best
Office A
$249.7K
$218.5K – $291.3K (±1% cap)
NOI $17,476 @ 7.0% cap · market cap 11.85%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service Spa & Massage Center Dental Office Storage Facility

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

393
Businesses Nearby

Demographics for 33825, FL

24,943
Population
12,519
Households
2
Avg Household Size
49
Median Age
13%
College-Educated
83%
High-School Grad
112.8 sq mi
ZIP Area
221
Density / Sq Mi
$46,604
Median Household Income
$32,352
Median Earnings
$902
Median Rent
$152,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - C4-zoned property with central air and public utilities in Avon Park’s downtown area.
Where is this retail space located?
The property is located at 15 S VERONA Avenue Avon Park, FL.
What is the asking price?
The asking price for this property is $147,500.
What are key features of this property?
This property features: 1,200‑square‑foot retail property on 0.09 acres; Separate 15‑by‑30‑foot building for storage; C4 zoning supports retail, office, and clinic use potential
More about this property
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