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Apopka Corner Lot Investment Opportunity

205 S HIGHLAND Ave Apopka, FL 32703

205 S HIGHLAND Ave, Apopka, FL, 32703

$249,000

For Sale

$249,000

Centrally located MU-D zoned building with multiple uses.

Property Size920 SF

Lot Size0.23 Acres

Price / SF$270.65

AddedMar 11

Days on Market127

Last RefreshJul 2 at 2:01 pm

Property Features for 205 S HIGHLAND Ave

General Information

Standard status: Active
Size: 920 SF
Lot size: 0.23 Acres
Property subtype: Commercial

Building Details

Year Built: 1952

Listing office

Listing date Mar 11, 2026

Source Elliman

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 Nick Nesta, III

Investment Insights

Based on property information with market context.

This exceptional investment opportunity features a centrally located building on a corner lot. Zoned MU-D, the property allows for multiple uses. It includes a two-stall detached garage/storage building with 480 square feet, situated on a 0.23-acre lot. The location is within the City of Apopka's downtown corridor, offering proximity to transportation and high traffic volume with consistent visibility. It is also close to the West Orange Trail. The 920-square-foot building is currently used as a hair salon and features a flexible floor plan and one bathroom. Other permitted uses include childcare facilities, breweries, restaurants, offices, self-service laundries, grocery stores, bakeries, mobile food vendors, veterinary hospitals, and schools. The property can be combined with the adjacent 0.15-acre vacant lot to the east at 314 Monroe Avenue in Apopka, creating a combined lot of 0.38 acres. This presents an incredible opportunity in a high-growth area.

Key Highlights

Prime corner lot location in Apopka's downtown corridor with high visibility and traffic volume.
MU‑D zoning allows for multiple uses including retail, restaurant, office, and more.
Flexible 920 sqft floor plan currently used as a hair salon.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$26.7k	$29.04
− Vacancy	−$908	−$0.99
EGI	$25.8k	$28.05
− OpEx	−$7.7k	−$8.42
NOI	$18.1k	$19.64

920 SF · lease $29.04/SF/yr · vacancy 3.40% · expense 30.00%

Alternative Uses

Best Use

Retail

$258.1K

$225.8K – $301.1K (±1% cap)

NOI $18,066 @ 7.0% cap · market cap 7.26%

Second Best

—

no second resolved use

Theoretical Best

Office A

$261.8K

$229.1K – $305.4K (±1% cap)

NOI $18,326 @ 7.0% cap · market cap 7.36%

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

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

la-ti-da Salon & Spa Hair Salon

Suggested Use

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For sale
Retail space
FL
Apopka
32703
205 S HIGHLAND Ave

What type of property is this?

Retail space - Centrally located MU-D zoned building with multiple uses.

Where is this retail space located?

The property is located at 205 S HIGHLAND Ave Apopka, FL.

What is the asking price?

The asking price for this property is $249,000.

What are key features of this property?

This property features: Prime corner lot location in Apopka's downtown corridor with high visibility and traffic volume.; MU‑D zoning allows for multiple uses including retail, restaurant, office, and more.; Flexible 920 sqft floor plan currently used as a hair salon.