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Multi-Unit Retail Income Building

746 US 27 Highway N Avon Park, FL 33825

Claim this Listing
For Sale
$699,900

COMMERCIAL - Avon Park, FL

Property size:
4,524 SF
Lot size:
0.27 Acres
Price / SF:
$154.71/SF
Added:
May 19, 2026
Days on Market:
57
Last Refresh:
Jul 14 at 5:06 am

Property Features for 746 US 27 Highway N

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
C2
Interior features
Private Restrooms, Public Restrooms, Telephone
Standard status
Active
APN
A-15-33-28-180-00A0-0150
Size
4,524 SF
Lot size
0.27 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
PINE VILLA SUB PB 3-PG 79 THE WEST 85 FT OF NORTH 138.74 FT OF BLK A
Tax Annual Amount
6257

Utilities

Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Electric, Central Air

Building Details

Year built
1963
Flooring type
Tile, Carpet, Vinyl
Building materials
Concrete Block
Roof type
Metal

Listing agent Yezmin V. Restrepo License #3418359

Listing office ADVANTAGE REALTY #1 743 US 27 S, Sebring, FL

Listing date May 19, 2026

MLS# 325401

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 multi-unit retail commercial building offers approximately 4,500 square feet and features four individual spaces, all currently fully occupied. The property is presented as an income-generating asset with reported net real estate income of $37,800. This listing is also noted as requiring a confidentiality agreement to be signed upon showing, with an LOI submitted that agrees to the purchase price.

The property is located on US 27 in Avon Park, Florida within Highlands County. The property is zoned C2.

The offering is structured around the existing four-space configuration, with the current tenants occupying the available suites.

Key Highlights

  • 4500+-SF multi‑unit commercial building with 4 spaces; currently fully occupied
  • Net real estate income reported at $37,800
  • Built in 1963; concrete block construction with a metal roof

Local Financial Insights For Retail

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 $67.9k $15.00
− Vacancy −$7.1k −$1.58
EGI $60.7k $13.43
− OpEx −$18.2k −$4.03
NOI $42.5k $9.40
4,524 SF · lease $15.00/SF/yr · vacancy 10.50% · expense 30.00%

Alternative Uses

Best Use
Retail
$607.3K
$531.4K – $708.6K (±1% cap)
NOI $42,514 @ 7.0% cap · market cap 6.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$941.2K
$823.6K – $1.10M (±1% cap)
NOI $65,884 @ 7.0% cap · market cap 9.41%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Retail space

FAQs

What type of property is this?
Retail space - Multi-unit retail building with four fully occupied spaces generating net real estate income.
Where is this retail space located?
The property is located at 746 US 27 Highway N Avon Park, FL.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: 4500+-SF multi‑unit commercial building with 4 spaces; currently fully occupied; Net real estate income reported at $37,800; Built in 1963; concrete block construction with a metal roof
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