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Avon Park Residential Income Property
For Sale
$175,000

310 Boooker St, Avon Park, FL 33825

Booker

Property Size1,658 SF
Lot Size0.08 Acres
Price / SF$105.55
Days on Market200

Property Features for 310 Boooker St

General Information

Standard status Active
Property type Other residential income properties, Residential income properties
Size 1,658 SF
Net Rentable 1,658 SF
Lot size 0.08 Acres

Building Details

Year Built 1930
Buildings 1
Stories 1
Units 1
Listed By: Eddie Serralles
Added: Apr 3
Rey
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Investment Insights

Based on property information with market context.

Located in Avon Park, the property at 310 Booker offers convenient access to local amenities, entertainment, and recreation. It is situated minutes from downtown Avon Park, providing residents with access to nearby restaurants, shops, and community events. Outdoor enthusiasts may appreciate proximity to Lake Verona, local parks, and walking areas, while cultural attractions such as the Depot Museum and seasonal festivals add to the area’s charm. Easy access to major roads simplifies commuting and daily travel. The property encompasses 1658 square feet. This property is located in Highlands County and presents an opportunity for an owner-occupant or investor seeking a centrally located property in a growing community.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,916
Cap Rate
7.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$278,320 $278.3K
Cap Rate 7%
$198,800 $198.8K
Cap Rate 9%
$154,622 $154.6K
Market Conditions
NOI Build-Up for 1,658 SF
Gross rent
$26.9K $16.20/SF
− Vacancy
−$1.6K −$0.94/SF
EGI
$25.3K $15.26/SF
− OpEx
−$11.4K −$6.87/SF
NOI
$13.9K $8.39/SF
Area
Highlands County, FL
Vacancy
5.80%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$278,320
Cap Rate 7%
$198,800
Cap Rate 9%
$154,622

Alternative Uses

Best Use
Apartment 5plus
$198.8K
$174.0K – $231.9K (±1% cap)
NOI $13,916 @ 7.0% cap · market cap 7.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$344.9K
$301.8K – $402.4K (±1% cap)
NOI $24,146 @ 7.0% cap · market cap 13.80%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Location Intelligence

Trade Area within ½ mile

2
Businesses Nearby

Demographics for 33825, FL

24,943
Population
12,519
Households
2
Avg Household Size
49
Median Age
13%
College-Educated
83%
High-School Grad
112.8 sq mi
ZIP Area
221
Density / Sq Mi
$46,604
Median Household Income
$32,352
Median Earnings
$902
Median Rent
$152,400
Median Home Value

Frequently Asked Questions

What type of property is this?
Residential income property - Booker
Where is this residential income property located?
The property is located at 310 Boooker St Avon Park, FL.
What is the asking price?
The asking price for this property is $175,000.
More about this property
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