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For Sale
$239,900

25519 COLMAR Avenue, Sorrento, FL 32776

Commercial Sale, SORRENTO, FL

Property Size908 SF
Lot Size0.13 Acres
Price / SF$264.21
Days on Market91

Property Features for 25519 COLMAR Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning C-1
Appliances Dishwasher, Range, Refrigerator
Subdivision MOUNT PLYMOUTH
Lot features Paved
Directions State Road 46 West, turn left onto Deal Drive, turn Right onto Colmar Avenue and home will be the second on your Right.
Standard status Active
APN 28-19-28-0100-016-03600
Size 908 SF
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description LOTS 36 AND 37, BLOCK 16, SECTION "A" MOUNT PLYMOUTH SUBDIVISION, ACCORDING TO THE PLAT THEREOF AS RECORDED IN PLAT BOOK 8, PAGE 85, PUBLIC RECORDS OF LAKE COUNTY, FLORIDA.
Tax Annual Amount 2572
Legal Description LOTS 36 AND 37, BLOCK 16, SECTION "A" MOUNT PLYMOUTH SUBDIVISION, ACCORDING TO THE PLAT THEREOF AS RECORDED IN PLAT BOOK 8, PAGE 85, PUBLIC RECORDS OF LAKE COUNTY, FLORIDA.

Utilities

Utilities Cable Available
Sewer type Septic Tank
Heating system Central, Electric (Heating)
Cooling system Central Air
Water source Well

Building Details

Year built 1957
Floors in Building 1
Flooring type Carpet, Tile, Laminate
Building materials Block
Roof type Shingle
Listing Agency: HANSON REAL ESTATE GROUP, INC.
Listed By: Dana Bruns · License #638291
Added: Jul 13 Changed: Sep 29 Last Checked: Oct 11 at 7:06PM
MLS# G5115065

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.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$11,151
Cap Rate
4.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$223,020 $223.0K
Cap Rate 7%
$159,300 $159.3K
Cap Rate 9%
$123,900 $123.9K
Market Conditions
NOI Build-Up for 908 SF
Gross rent
$21.7K $23.88/SF
− Vacancy
−$1.4K −$1.55/SF
EGI
$20.3K $22.33/SF
− OpEx
−$9.1K −$10.05/SF
NOI
$11.2K $12.28/SF
Area
Lake County, FL
Vacancy
6.50%
Lease Rate
$23.88 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$223,020
Cap Rate 7%
$159,300
Cap Rate 9%
$123,900

Alternative Uses

Best Use
Apartment 5plus
$159.3K
$139.4K – $185.9K (±1% cap)
NOI $11,151 @ 7.0% cap · market cap 4.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$258.4K
$226.1K – $301.5K (±1% cap)
NOI $18,087 @ 7.0% cap · market cap 7.54%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Single family properties

Suggested Use

Top Pick Dental Office Hair Salon Auto Repair Shop Spa & Massage Center Pharmacy Building Supply

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

Location Intelligence

Trade Area within ½ mile

108
Businesses Nearby

Demographics for 32776, FL

12,456
Population
5,022
Households
2.5
Avg Household Size
42
Median Age
21%
College-Educated
92%
High-School Grad
49.6 sq mi
ZIP Area
251
Density / Sq Mi
$97,217
Median Household Income
$49,486
Median Earnings
$928
Median Rent
$374,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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Frequently Asked Questions

Where is this single family property located?
The property is located at 25519 COLMAR Avenue Sorrento, FL.
What is the asking price?
The asking price for this property is $239,900.
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