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    Individually Metered Triplex Title is generated by Realmo AI

    302 Garett Road, Avon Park, FL 33825

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    Claim this Listing
    New
    For Sale
    $200,000

    DUPLEX - Avon Park, FL

    Property size:
    1,980 SF
    Lot size:
    1.74 Acres
    Price / SF:
    $101/SF
    Added:
    Jul 6, 2026
    Days on Market:
    3
    Last Refresh:
    Jul 8 at 4:06 pm

    Property Features for 302 Garett Road

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R3
    Bedrooms
    5
    Bathrooms
    3
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 5, Bathroom 1, Bathroom 3, Bathroom 2, Bedroom 4, Bedroom 3
    Parking features
    Driveway
    Pets allowed
    No
    Exterior features
    Stucco
    Appliances
    Refrigerator(s), Stove(s) / Range(s) Oven(s)
    Standard status
    Active
    APN
    C-27-33-28-150-0000-078A
    Size
    1,980 SF
    Lot size
    1.74 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Description
    LACEY HILL-CONNELL UNREC SOUTH 97.02 OF WEST 795 FT OF THE NW 1/4 OF SE 1/4 LESS WEST 20 FT FULLY DESC IN OR 393-PG 857 T A NO 78A
    Tax Annual Amount
    7062

    Utilities

    Heating system
    Other (Heating)
    Cooling system
    Wall Unit(s)

    Building Details

    Year built
    1976
    Floors in Building
    1
    Flooring type
    Tile
    Building materials
    Concrete Block
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Contact an agent
    C Boring III

    Listing agent C Boring III

    Listing office RE/MAX REALTY PLUS 809 US 27 S, Sebring, FL

    Listing date Jul 6, 2026

    MLS# 326387 Listing URL

    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.

    HighLights

    • Residential triplex in Avon Park, Florida, built in 1976
    • Total 1,980 SF across three individually metered units
    • Unit mix: two 2BR/1BA units (302 and 304) plus one 1BR/2BA unit (306)
    • Each unit includes a full kitchen and living room, plus separate parking
    • Appliances included: refrigerator(s) and stove/range/oven
    • Concrete block construction with stucco exterior; tile flooring, shingle roof, wall A/C units

    Overview

    This residential triplex includes three distinct rental units, each with a full kitchen and living room, plus appliances. The units are individually metered. Unit 302 is a two-bedroom, one-bath layout, Unit 304 is also two-bedroom, one-bath, and Unit 306 is a one-bedroom, two-bath configuration. Each unit has separate parking, and the property totals 1,980 square feet. The sale is being offered completely as-is.

    The property is located at 302 Garett Road in Avon Park, Florida, in Highlands County. It is set on 1.74 acres and is zoned R3.

    For investors and portfolio builders, the triplex offers a three-unit configuration on one parcel with individually metered utilities and resident parking. Because it is sold as-is and noted as needing some TLC, it may appeal to buyers looking to refresh interiors and bring the property to their operating standard.

    Local Financial Insights For Multifamily LT 5

    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 $27.3k $13.80
    − Vacancy −$1.8k −$0.90
    EGI $25.5k $12.90
    − OpEx −$7.7k −$3.87
    NOI $17.9k $9.03
    1,980 SF · lease $13.80/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $255.5K
    $223.6K – $298.1K (±1% cap)
    NOI $17,884 @ 7.0% cap · market cap 8.94%
    Second Best
    Apartment 5plus
    $237.4K
    $207.7K – $277.0K (±1% cap)
    NOI $16,619 @ 7.0% cap · market cap 8.31%
    Theoretical Best
    Office A
    $411.9K
    $360.4K – $480.6K (±1% cap)
    NOI $28,835 @ 7.0% cap · market cap 14.42%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Map

    City
    Avon Park
    County
    Highlands
    State
    Florida
    Longitude
    -81.505013
    Latitude
    27.577584

    FAQs

    What type of property is this?
    Triplex - Three individually metered rental units with separate parking and appliances, sold as-is and ready for investor rehab.
    Where is this triplex located?
    The property is located at 302 Garett Road Avon Park, FL.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: Residential triplex in Avon Park, Florida, built in 1976; Total 1,980 SF across three individually metered units; Unit mix: two 2BR/1BA units (302 and 304) plus one 1BR/2BA unit (306)
    More about this property
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