Auburndale Live/Work
308 W Bridgers Ave Auburndale, FL 33823
For Sale
Contact for pricing
Redeveloped live/work property in historic Auburndale, Florida.
Property Size1,857 SF
Lot Size0.12 Acres
Price / SF$212.71
Days on Market67
Property Features for 308 W Bridgers Ave
General Information
Standard status
Active
Size
1,857 SF
Lot size
0.12 Acres
Property subtype
Mixed Use
Building Details
Year Built
1925
Listing Agency:
Century 21 Myers Realty
Listed By:
Jack R. Myers · License #FL
Source:
Crexi
Added: May 25
Changed: Jul 10
Last Checked: Jul 29 at 3:53PM
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 Century 21 Myers Realty
Investment Insights
Based on property information with market context.
Located in the heart of historic Auburndale, 308 West Bridgers Avenue offers a live/work opportunity. The property is situated minutes from downtown, providing convenient access to shopping, dining, schools, parks, and major transportation routes between Tampa and Orlando. Situated on an approximately 5,200-square-foot lot, the property has been recently redeveloped with newer construction elements completed around 2023. Designed for flexibility, the layout supports both residential living and office or workspace use, making it suitable for entrepreneurs, remote professionals, or small business owners. The 1,857 square feet of heated space includes 1,075 square feet downstairs and 782 square feet upstairs, plus an additional 220-square-foot unfinished porch area under roof. Interior features include quartz countertops, modern appliances, in-unit laundry, walk-in storage, balcony access, and open-concept living spaces. The upstairs living quarters combined with the downstairs kitchen and office configuration create a functional live/work environment.
Key Highlights
- Rare live/work opportunity in a growing Central Florida community.
- Recently redeveloped with newer construction elements completed around 2023.
- Flexible layout supports both residential living and office/workspace use.
Financial Insights For Office B
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 | $39.0k | $21.00 |
| − Vacancy | −$8.6k | −$4.62 |
| EGI | $30.4k | $16.38 |
| − OpEx | −$7.6k | −$4.10 |
| NOI | $22.8k | $12.29 |
1,857 SF · lease $21.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$325.9K
$285.2K – $380.2K
NOI $22,813 @ 7.0% cap · market cap 5.78%
Second Best
Mixed Use
$298.7K
$261.4K – $348.5K
NOI $20,912 @ 7.0% cap · market cap 5.29%
Theoretical Best
Office A
$446.3K
$390.5K – $520.6K
NOI $31,238 @ 7.0% cap · market cap 7.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Mixed-use property - Redeveloped live/work property in historic Auburndale, Florida.
Where is this mixed-use property located?
The property is located at 308 W Bridgers Ave Auburndale, FL.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Rare live/work opportunity in a growing Central Florida community.; Recently redeveloped with newer construction elements completed around 2023.; Flexible layout supports both residential living and office/workspace use.
