Triplex Rental
302 Garrett Road E Avon Park, FL 33825
302 Garrett Road E, Avon Park, FL, 33825
$200,000
For Sale
$200,000
DUPLEX - Avon Park, FL
Property Size1,980 SF
Lot Size1.74 Acres
Price / SF$101.01
Days on Market11
Property Features for 302 Garrett Road E
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R3
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bedroom 3, Bathroom 2, Bathroom 3, Bedroom 4, Bedroom 5, Bedroom 1, Bedroom 2, Bathroom 1
- 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
Listing Agency
RE/MAX REALTY PLUS
(863) 385-0077
809 US 27 S, Sebring, FL
Listed by
C Boring III
(863) 385-0077
Added: Jul 6 Checked: Jul 16 at 3:06 pm
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.
Investment Insights
Based on property information with market context.
This residential triplex offers three separate rental units, each with its own utilities metered individually. The property includes appliances and a functional interior layout with a full kitchen and living room in each unit, along with separate parking for residents. Unit mix includes Unit 302 (two-bedroom, one-bath), Unit 304 (two-bedroom, one-bath), and Unit 306 (one-bedroom, one-bath). The property is being sold as-is and requires some TLC.
Located in Avon Park, Florida, the home sits on 1.74 acres in Highlands County and is zoned R3.
The overall configuration is designed for independent tenancy across three units, with separate parking tied to each unit and individual metering to support straightforward resident utility responsibility.
Located in Avon Park, Florida, the home sits on 1.74 acres in Highlands County and is zoned R3.
The overall configuration is designed for independent tenancy across three units, with separate parking tied to each unit and individual metering to support straightforward resident utility responsibility.
Key Highlights
- Residential triplex in Avon Park, Florida, built in 1976 and sold as‑is
- 1980 sq ft total with three separately rented units: Unit 302 (2/1), Unit 304 (2/1), and Unit 306 (1/1)
- Individually metered units; each unit includes appliances, a full kitchen, and a living room
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
NOI $17,884 @ 7.0% cap · market cap 8.94%
Second Best
Apartment 5plus
$237.4K
$207.7K – $277.0K
NOI $16,619 @ 7.0% cap · market cap 8.31%
Theoretical Best
Office A
$411.9K
$360.4K – $480.6K
NOI $28,835 @ 7.0% cap · market cap 14.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Triplex - Triplex with three individually metered units, each with kitchen, living area, appliances, and separate parking.
Where is this triplex located?
The property is located at 302 Garrett Road E 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 and sold as‑is; 1980 sq ft total with three separately rented units: Unit 302 (2/1), Unit 304 (2/1), and Unit 306 (1/1); Individually metered units; each unit includes appliances, a full kitchen, and a living room
