204 S Main Avenue Lake Placid, FL 33852
COMMERCIAL - Lake Placid, FL
Property Features for 204 S Main Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C2
- Standard status
- Active
- APN
- P-06-37-30-040-0040-0190
- Size
- 3,750 SF
- Lot size
- 0.25 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 2ND SUB HOFFMANS GROVE PB 1-PG 96 LOTS 19 THRU 23 BLK 4
- Tax Annual Amount
- 6816
Utilities
- Sewer type
- Public Sewer
Building Details
- Year built
- 1996
- Floors in Building
- 1
- Building materials
- Concrete Block
- Architectural style
- Other
Listing agent Gregory Karlson License #3229372 (863) 381-4932
Listing office ADVANTAGE REALTY #1 743 US 27 S, Sebring, FL (863) 386-0303
Listing date Jun 22, 2026
Copyright © 2026 Heartland Multiple Listing Service, Inc. 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.
The property is located at 204 S Main Avenue in Lake Placid, Florida. The lot size is listed as 0.25 acres.
The current configuration includes a customer-facing mailbox entry and an office-supply sales area, along with the pack-and-ship operation for customers needing shipping and business support services.
Key Highlights
- Well‑maintained 3,750 SF commercial building built in 1996 in the heart of Lake Placid, FL
- Concrete block construction with public sewer service
- Established office supply store with a UPS pack‑and‑ship facility and customer mailbox center
Local Financial Insights For Retail
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 | $56.3k | $15.00 |
| − Vacancy | −$5.9k | −$1.58 |
| EGI | $50.3k | $13.43 |
| − OpEx | −$15.1k | −$4.03 |
| NOI | $35.2k | $9.40 |
Alternative Uses
Property Analytics
Current Use by Public Records
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